Diligence memo · auto-generated · as of July 2, 2026
Orthogonal, Inc.
Orthogonal, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Orthogonal, Inc. operates in Fintech, based in ROCHESTER, CA, USA. Agentic Payments for APIs
Sub-sector tags: B2B, Infrastructure, fintech.
Capital & rounds (filed)filed
Orthogonal, Inc. has raised $3.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.1M on 2018-11-02.
Most recent recorded round closed around 2020-02-24.
Valuation (modeled)modeled
Provath models Orthogonal, Inc. at approximately $35M (range $864K–$276M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.72× the median modeled value of Seed Fintech companies in 2019–2021 (34 peers) — value vs value, same stage and era. Within the normal band (72% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 6.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 80% of Fintech peers (1063 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Paymob, Alude Holdings Ltd., Stitch, Chari, Diool.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.