Companies · Other

Orono Spectral Solutions, Inc.

HERMON · Other

Diligence memoA one-page analyst read on Orono Spectral Solutions, Inc. — recommendation, valuation, rhythm, risks.
$1.6M
Total raised · real
5
Rounds
0.4×
Latest step-up
Top 55%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Nov 15 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Orono Spectral Solutions, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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

Under-valued
  • Modeled value is 0.40× the median modeled value of Pre-Seed Other companies in 2022–2024 (1723 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.6 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Orono Spectral Solutions, Inc. is one of 25008 Other companies tracked from HERMON. By capital raised it ranks mid-pack (ahead of 46% 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)
2022-11-15
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$5.0M$10M$15M$20MPre-Seed · 2014-07-01 Raised $768K (real) Modeled valuation $18M (est)$768K$18MPre-Seed2014Pre-Seed · 2016-04-21 Raised $307K (real) Modeled valuation $7.1M (est)$307K$7.1MPre-Seed2016Pre-Seed · 2018-01-16 Raised $205K (real) Modeled valuation $4.7M (est)$205K$4.7MPre-Seed2018Pre-Seed · 2020-07-01 Raised $250K (real) Modeled valuation $5.8M (est)$250K$5.8MPre-Seed2020Pre-Seed · 2022-11-15 Raised $100K (real) Modeled valuation $816K (est)$100K$816KPre-Seed2022+$307K+$205K+$250K+$100KCumulative $1.6M

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$768K · 2014
Pre-Seed extension$307K · 2016
Pre-Seed extension$205K · 2018
Pre-Seed extension$250K · 2020
Pre-Seed extension$100K · 2022

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

Modeled valuation trajectory
$816K
Base estimate est.
$67K
Conservative case
$4.5M
Upside case
$556K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $17.8M · 2014-07-012014Pre-Seed · modeled $7.1M · 2016-04-21Pre-Seed · modeled $4.7M · 2018-01-16Pre-Seed · modeled $5.8M · 2020-07-01Pre-Seed · modeled $816K · 2022-11-152022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
3.6 yr
Elapsed time used
3.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$195K/yr
Capital velocity
12.0 yr
On record since
2014
First round
5
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 0.8× of median
This company$1.6M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$100K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$816K
Sector median$17.7M

Raised more than 46% of sector peers (real $). Modeled value above 4% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #1515 of 1,723.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)El American Inc. · Pre-Seed Raised $1.0M · modeled $11.9M (est)AEA Hope, LLC · Pre-Seed Raised $1.0M · modeled $11.8M (est)Joy Milk Tea Inc. · Pre-Seed Raised $1.0M · modeled $11.7M (est)Manage Mindfully, Inc. · Pre-Seed Raised $1.0M · modeled $11.5M (est)ValiDateMe LLC · Pre-Seed Raised $1.0M · modeled $11.4M (est)BW-IGC, Inc. · Pre-Seed Raised $1.0M · modeled $11.3M (est)Phoenix Asset Recovery Corp · Pre-Seed Raised $1.0M · modeled $11.3M (est)Hge Fic N Llc · Pre-Seed Raised $1.0M · modeled $10.7M (est)Isegoria, Inc · Pre-Seed Raised $1.0M · modeled $10.6M (est)Brookstone VC Blaze, LLC · Pre-Seed Raised $961K · modeled $10.5M (est)Supreme Colas LLC · Pre-Seed Raised $1.0M · modeled $10.5M (est)Asian Court Holdings, Inc. · Pre-Seed Raised $897K · modeled $10.5M (est)Orono Spectral Solutions, Inc. (this company) Raised $1.6M · modeled $816K (est)Orono Spectral Solutions, Inc.
CompanyStageRaised · realValue · estvs peer med.
El American Inc.Pre-Seed$1.0M$11.9M5.88×
AEA Hope, LLCPre-Seed$1.0M$11.8M5.85×
Joy Milk Tea Inc.Pre-Seed$1.0M$11.7M5.77×
Manage Mindfully, Inc.Pre-Seed$1.0M$11.5M5.70×
ValiDateMe LLCPre-Seed$1.0M$11.4M5.64×
BW-IGC, Inc.Pre-Seed$1.0M$11.3M5.58×
Phoenix Asset Recovery CorpPre-Seed$1.0M$11.3M5.58×
Hge Fic N LlcPre-Seed$1.0M$10.7M5.28×
Isegoria, IncPre-Seed$1.0M$10.6M5.26×
Brookstone VC Blaze, LLCPre-Seed$961K$10.5M5.20×
Supreme Colas LLCPre-Seed$1.0M$10.5M5.18×
Asian Court Holdings, Inc.Pre-Seed$897K$10.5M5.18×
Orono Spectral Solutions, Inc. this companyPre-Seed$1.6M$816K0.40×
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$768K2014-07-01$4.3M$17.8M85%
Pre-Seed$307K2016-04-21$1.7M$7.1M85%
Pre-Seed$205K2018-01-16$1.1M$4.7M90%
Pre-Seed$250K2020-07-01$1.4M$5.8M90%
Pre-Seed$100K2022-11-15$556K$816K90%
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$768K2014-07-01
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$307K2016-04-21
    • Raised again after 22 mo — slower than the ~11 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  3. Pre-Seed$205K2018-01-16
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  4. Pre-Seed$250K2020-07-01
    • Raised again after 29 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  5. Pre-Seed$100K2022-11-15
    • Raised again after 28 mo — slower than the ~11 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~25mo cadence
$100K
Modeled next size est.range $100K$160K
0.4×
Last step-up
$195K/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
Brandon Braley2018-01
Brendon Reay2020-07
Carl Tripp2014-07
Dean Smith2014-07
Jeff Throckmorton2016-04
Jill Schimmel2018-01
Luke Doucette2014-07
Randy Braley2016-04
Roland Sirois2016-04
Registry & provenance

Orono Spectral Solutions, 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
1618299
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.

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Stork Exchange, Inc.OtherPre-Seed$1.5M$823Ksame sector · same stage
Mundoro Capital IncOtherPre-Seed$2.0M$738Ksame sector · same stage
Golden Cariboo Resources Ltd.OtherPre-Seed$2.1M$769Ksame sector · same stage
Morien Resources Corp.OtherPre-Seed$1.3M$780Ksame sector · same stage
Psudo Inc.OtherPre-Seed$1.1M$799Ksame sector · same stage
Ibt Sip LlcOtherPre-Seed$1.1M$883Ksame 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
Oroco Resource CorpOtherSeries A$660K84%
MITO Material Solutions, Inc.OtherSeries A$13.1M82%
SpectraWAVE, Inc.OtherSeries C$375.6M81%
Oronoque Investco LLCOtherPre-Seed$7.1M81%
Token Oro, Inc.OtherPre-Seed$4.6M80%
Zuro, Inc.Other TechnologySeries A$154.4M80%
SPECTRA Holdings US, Ltd.Other TechnologySeed$12.3M79%
Treno, Inc.OtherSeed$43.3M79%
Frequently asked
How much funding has Orono Spectral Solutions, Inc. raised?
Orono Spectral Solutions, Inc. has raised approximately $1.6M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Orono Spectral Solutions, Inc.'s estimated valuation?
Provath's modeled valuation for Orono Spectral Solutions, Inc. is approximately $816K (modeled range $67K–$4.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Orono Spectral Solutions, Inc. at?
Orono Spectral Solutions, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Nov 15.
What does Orono Spectral Solutions, Inc. do and where is it based?
Orono Spectral Solutions, Inc. operates in the Other sector, based in HERMON.
Explore related

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