Companies · Software / Tech

Orthogrid Systems Holdings, Llc

SALT LAKE CITY · Software / Tech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Orthogrid Systems Holdings, Llc — recommendation, valuation, rhythm, risks.
$6.3M
Total raised · real
3
Rounds
0.4×
Latest step-up
Top 42%
Sector rank · raised
Series A
Latest stage · inferred · Wed May 30 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Orthogrid Systems Holdings, Llc looks under-valued against its niche peers and is dormant 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.

Under-valued
  • Modeled value is 0.30× the median modeled value of Series A Software / Tech companies in 2016–2018 (145 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.1 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Orthogrid Systems Holdings, Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
9.8 yr record
Peak capital year was 2017 with $4.1M across 1 filings.
Market position
ahead of 59% of Software / Tech peers
Capital scale is ahead of 59% of Software / Tech peers; modeled value is above 58% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2017: $4.1M across 1 filings.
  • Largest single filing was $4.1M on 2017-03-01.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Software / Tech

Orthogrid Systems Holdings, Llc is one of 3920 Software / Tech companies tracked from SALT LAKE CITY. By capital raised it ranks mid-pack (ahead of 59% of sector peers), and mid-pack 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
3
Investors (latest)
2015
Year incorporated
2018-05-30
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$50M$100M$150M$200MPre-Seed · 2016-09-13 Raised $400K (real) Modeled valuation $17M (est)$400K$17MPre-Seed2016Series A · 2017-03-01 Raised $4.1M (real) Modeled valuation $114M (est)$4.1M$114MSeries A2017Series A · 2018-05-30 Raised $1.8M (real) Modeled valuation $50M (est)$1.8M$50MSeries A2018+$4.1M+$1.8MCumulative $6.3M

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$400K · 2016
Series A$4.1M · 2017no Seed on file
Series A extension$1.8M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$49.9M
Base estimate est.
$2.4M
Conservative case
$271.5M
Upside case
$8.2M
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 $16.9M · 2016-09-132016Series A · modeled $114.4M · 2017-03-01Series A · modeled $49.9M · 2018-05-302018
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
6.0 yr
Elapsed time used
8.1 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$3.7M/yr
Capital velocity
9.8 yr
On record since
2016
First round
3
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 1.4× above median
This company$6.3M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$1.8M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 1.4× above median
This company$49.9M
Sector median$36.6M

Raised more than 59% of sector peers (real $). Modeled value above 58% 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 #129 of 145.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Akoustis Technologies, Inc. · Series A Raised $55.1M · modeled $416.1M (est)O(1) Labs, LLC · Series A Raised $15.0M · modeled $416.1M (est)Canvas Technology, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Radiance Technologies, Inc. · Series A Raised $14.7M · modeled $407.6M (est)Imagen Technologies, Inc. · Series A Raised $19.3M · modeled $397.3M (est)Orchestra Software, Inc. · Series A Raised $14.0M · modeled $389.5M (est)SportsMEDIA Technology Corp · Series A Raised $26.3M · modeled $384.1M (est)Eden Technologies Inc. · Series A Raised $14.5M · modeled $369.3M (est)Dharma Platform, Inc. · Series A Raised $13.0M · modeled $361.4M (est)Quotient Technology Inc. · Series A Raised $14.0M · modeled $360.6M (est)Emogi Technologies, Inc. · Series A Raised $15.3M · modeled $354.5M (est)Breathe Technologies Inc · Series A Raised $20.0M · modeled $353.7M (est)Orthogrid Systems Holdings, Llc (this company) Raised $6.3M · modeled $49.9M (est)Orthogrid Systems Holdings, Llc
CompanyStageRaised · realValue · estvs peer med.
Akoustis Technologies, Inc.Series A$55.1M$416.1M2.49×
O(1) Labs, LLCSeries A$15.0M$416.1M2.49×
Canvas Technology, Inc.Series A$15.0M$416.1M2.49×
Radiance Technologies, Inc.Series A$14.7M$407.6M2.44×
Imagen Technologies, Inc.Series A$19.3M$397.3M2.38×
Orchestra Software, Inc.Series A$14.0M$389.5M2.33×
SportsMEDIA Technology CorpSeries A$26.3M$384.1M2.30×
Eden Technologies Inc.Series A$14.5M$369.3M2.21×
Dharma Platform, Inc.Series A$13.0M$361.4M2.16×
Quotient Technology Inc.Series A$14.0M$360.6M2.16×
Emogi Technologies, Inc.Series A$15.3M$354.5M2.12×
Breathe Technologies IncSeries A$20.0M$353.7M2.12×
Orthogrid Systems Holdings, Llc this companySeries A$6.3M$49.9M0.30×
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$400K2016-09-13$2.2M$16.9M90%
Series A$4.1M2017-03-01$18.8M$114.4M90%
Series A$1.8M2018-05-30$8.2M$49.9M90%
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$400K2016-09-13
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Series A$4.1M2017-03-01
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 10.3× larger than the prior — scaling up.
    • 10 investors on this round.
  3. Series A$1.8M2018-05-30
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2019 ~Q2
Modeled next raise · ~10mo cadence
$1.8M
Modeled next size est.range $1.8M$2.9M
0.4×
Last step-up
$3.7M/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
EDOUARD SAGET1 other2016-09
ERIK KUBIAK1 other2016-09
RICHARD BODDINGTON1 other2016-09
Rodney Burns1 other2017-03
JAROD KIMBLE2016-09
Registry & provenance

Orthogrid Systems Holdings, Llc 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
1685966
SEC CIK
2015
Incorporated
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
Orthogrid Systems, Inc.Other Health CareSeed$2.3M$12.4Mnetwork3 shared operators
Restate Software, Inc.Software / TechSeries A$6.3M$60.1Msame sector · same stage
Visura Technologies, Inc.Software / TechSeries A$6.4M$50.8Msame sector · same stage
Zeitworks Technologies, Inc.Software / TechSeries A$6.5M$38.1Msame sector · same stage
Accord Software, Inc.Software / TechSeries A$6.0M$41.1Msame sector · same stage
Wecover Platforms, Inc.Software / TechSeries A$6.0M$43.5Msame sector · same stage
Helix Alternative Technologies Inc.Software / TechSeries A$6.0M$42.3Msame sector · same stage
Vero Technologies, Inc. / DESoftware / TechSeries A$6.0M$55.8Msame 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
Veridian Healthcare Holdings LLCHealthtechSeries C$692.5M84%
Orthoevidence Inc.Other Health CarePre-Seed$30.8M83%
Orthios Innovations LLCOther Health CarePre-Seed$954K83%
Orthoforum Value Network, LLCOther Health CareSeed$5.2M82%
SomnoMed Technologies Inc.Software / TechPre-Seed$3.7M82%
Adaptable Ortho Innovations LLCOther Health CarePre-Seed$7.4M82%
Ventec Life Systems, Inc.Software / TechSeries A$111.9M81%
Acuitive Technologies, Inc.Software / TechSeries A$90.3M81%
Frequently asked
How much funding has Orthogrid Systems Holdings, Llc raised?
Orthogrid Systems Holdings, Llc has raised approximately $6.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Orthogrid Systems Holdings, Llc's estimated valuation?
Provath's modeled valuation for Orthogrid Systems Holdings, Llc is approximately $49.9M (modeled range $2.4M–$271.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Orthogrid Systems Holdings, Llc at?
Orthogrid Systems Holdings, Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed May 30.
What does Orthogrid Systems Holdings, Llc do and where is it based?
Orthogrid Systems Holdings, Llc operates in the Software / Tech sector, based in SALT LAKE CITY.
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