Companies · Other Technology

OpenLight Photonics, Inc.

GOLETA · Other Technology

Diligence memoA one-page analyst read on OpenLight Photonics, Inc. — recommendation, valuation, rhythm, risks.
$26.0M
Total raised · real
5
Rounds
0.3×
Latest step-up
Top 14%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jan 03 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

OpenLight Photonics, Inc. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.74× the median modeled value of Series A Other Technology companies in 2025–2027 (567 peers) — value vs value, same stage and era.
  • Within the normal band (74% of peer median) for its niche.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

OpenLight Photonics, Inc. is one of 21292 Other Technology companies tracked from GOLETA. By capital raised it ranks in the upper tier (ahead of 87% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2025-01-03
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MPre-Seed · 2011-05-31 Raised $900K (real) Modeled valuation $38M (est)$900K$38MPre-Seed2011Seed · 2012-10-05 Raised $3.1M (real) Modeled valuation $107M (est)$3.1M$107MSeed2012Series A · 2013-07-02 Raised $7.0M (real) Modeled valuation $194M (est)$7.0M$194MSeries A2013Series A · 2014-09-10 Raised $11M (real) Modeled valuation $319M (est)$11M$319MSeries A2014Series A · 2025-01-03 Raised $3.5M (real) Modeled valuation $15M (est)$3.5M$15MSeries A2025+$3.1M+$7.0M+$11M+$3.5MCumulative $26M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$900K · 2011
Seed$3.1M · 2012
Series A$7.0M · 2013
Series A extension$11.5M · 2014
Series A extension$3.5M · 2025

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$15.4M
Base estimate est.
$4.6M
Conservative case
$29.7M
Upside case
$15.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $38.1M · 2011-05-312011Seed · modeled $106.9M · 2012-10-05Series A · modeled $194.2M · 2013-07-02Series A · modeled $319.0M · 2014-09-10Series A · modeled $15.4M · 2025-01-032025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
41 mo
Avg between rounds
$1.9M/yr
Capital velocity
15.1 yr
On record since
2011
First round
5
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 8.2× above median
This company$26.0M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$3.5M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$15.4M
Sector median$37.3M

Raised more than 87% of sector peers (real $). Modeled value above 31% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #391 of 567.

This companyCohort peer
$10.0M$100.0M$10.0M$100.0MCapital raised (log)Beaconcure Inc. · Series A Raised $26.9M · modeled $67.1M (est)Edera, Inc. / DE · Series A Raised $20.0M · modeled $65.7M (est)Clarify Inc./DE · Series A Raised $15.0M · modeled $65.4M (est)Palla Financial Inc. · Series A Raised $14.5M · modeled $59.8M (est)eWellbore, LLC · Series A Raised $15.0M · modeled $59.8M (est)OneCarNow Holdings Ltd · Series A Raised $13.5M · modeled $57.8M (est)Diode, Inc. · Series A Raised $14.5M · modeled $57.8M (est)Clearing Co of San Francisco, Inc. · Series A Raised $15.0M · modeled $57.7M (est)Phase Four, Inc. · Series A Raised $23.1M · modeled $57.6M (est)Popid, Inc · Series A Raised $18.5M · modeled $56.9M (est)Mote, Inc. · Series A Raised $13.1M · modeled $56.8M (est)Chloris Geospatial Inc. · Series A Raised $17.3M · modeled $56.6M (est)OpenLight Photonics, Inc. (this company) Raised $26.0M · modeled $15.4M (est)OpenLight Photonics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Beaconcure Inc.Series A$26.9M$67.1M3.23×
Edera, Inc. / DESeries A$20.0M$65.7M3.16×
Clarify Inc./DESeries A$15.0M$65.4M3.15×
Palla Financial Inc.Series A$14.5M$59.8M2.88×
eWellbore, LLCSeries A$15.0M$59.8M2.88×
OneCarNow Holdings LtdSeries A$13.5M$57.8M2.78×
Diode, Inc.Series A$14.5M$57.8M2.78×
Clearing Co of San Francisco, Inc.Series A$15.0M$57.7M2.78×
Phase Four, Inc.Series A$23.1M$57.6M2.77×
Popid, IncSeries A$18.5M$56.9M2.74×
Mote, Inc.Series A$13.1M$56.8M2.74×
Chloris Geospatial Inc.Series A$17.3M$56.6M2.72×
OpenLight Photonics, Inc. this companySeries A$26.0M$15.4M0.74×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$900K2011-05-31$5.0M$38.1M85%
Seed$3.1M2012-10-05$15.7M$106.9M85%
Series A$7.0M2013-07-02$31.8M$194.2M85%
Series A$11.5M2014-09-10$52.3M$319.0M85%
Series A$3.5M2025-01-03$15.7M$15.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$900K2011-05-31
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Seed$3.1M2012-10-05
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • 11 investors on this round.
  3. Series A$7.0M2013-07-02
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Series A$11.5M2014-09-10
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  5. Series A$3.5M2025-01-03
    • Raised again after 124 mo — slower than the ~13 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2028 ~Q2
Modeled next raise · ~41mo cadence
$3.5M
Modeled next size est.range $3.5M$5.5M
0.3×
Last step-up
$1.9M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Bowers5 other2011-05
Alexander Fang4 other2011-05
Milton Chang3 other2013-07
Steve Cooper3 other2013-07
Daniel Burnham1 other2013-07
Adam Carter2025-01
Daniel P. Burnham2011-05
Greg Fish2013-07
Gregory Fish2014-09
Greg P. Fish2011-05
Mario Pannicia2025-01
Milton P. Chang2012-10
Steve P. Cooper2011-05
Registry & provenance

OpenLight Photonics, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1522869
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Quintessent Inc.OtherSeries A$18.2M$65.7Mnetwork2 shared operators · same stage
ThinGap, LLCOther TechnologySeed$2.5M$84.1Mnetwork2 shared operators · same sector
Nexus Photonics, Inc.Other TechnologySeries A$5.0M$66.7Mnetwork1 shared operator · same sector · same stage
Aspinity, Inc.Other TechnologySeries A$26.7M$15.0Msame sector · same stage
Fluree, PBCOther TechnologySeries A$27.7M$16.0Msame sector · same stage
Plextronics IncOther TechnologySeries A$28.6M$15.9Msame sector · same stage
seqWell Inc.Other TechnologySeries A$22.5M$15.7Msame sector · same stage
Cybrary, Inc.Other TechnologySeries A$22.3M$15.7Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Laser Photonics CorpOther TechnologySeries A$4.1M93%
Orange Photonics, Inc.Other TechnologySeed$60.4M90%
Sense Photonics, Inc.Other TechnologySeries B$978.1M90%
Nexus Photonics, Inc.Other TechnologySeries A$66.7M89%
Capella Photonics IncOther TechnologySeries B$91.4M89%
FreeSpace Photonics, Inc.Other TechnologyPre-Seed$1.0M88%
Voyant Photonics, Inc.Other TechnologySeries B$33.6M88%
Xscape Photonics Inc.Other TechnologySeries C$388.1M88%
Frequently asked
How much funding has OpenLight Photonics, Inc. raised?
OpenLight Photonics, Inc. has raised approximately $26.0M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is OpenLight Photonics, Inc.'s estimated valuation?
Provath's modeled valuation for OpenLight Photonics, Inc. is approximately $15.4M (modeled range $4.6M–$29.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is OpenLight Photonics, Inc. at?
OpenLight Photonics, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jan 03.
What does OpenLight Photonics, Inc. do and where is it based?
OpenLight Photonics, Inc. operates in the Other Technology sector, based in GOLETA.
Explore related

See where OpenLight Photonics, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at OpenLight Photonics, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.