Companies · Investment Vehicle

Overlay Capital Innovation Fund, LP

ALPHARETTA · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on Overlay Capital Innovation Fund, LP — recommendation, valuation, rhythm, risks.
$1.3M
Total raised · real
1
Rounds
Latest step-up
Top 67%
Sector rank · raised
Seed
Latest stage · inferred · Tue Feb 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Overlay Capital Innovation Fund, LP has raised $1.3M over 1 round; too few niche peers to rank its valuation yet.

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

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

Issuer-vehicle patternmedium confidence

Overlay Capital Innovation Fund, LP 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
3.3 yr record
Peak capital year was 2023 with $1.3M across 1 filings.
Market position
ahead of 34% of Investment Vehicle peers
Capital scale is ahead of 34% of Investment Vehicle peers; modeled value is above 26% 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 2023: $1.3M across 1 filings.
  • Largest single filing was $1.3M on 2023-02-28.
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.
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 Investment Vehicle

Overlay Capital Innovation Fund, LP is one of 1793 Investment Vehicle companies tracked from ALPHARETTA. By capital raised it ranks in the long tail (ahead of 34% 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
2
Investors (latest)
2022
Year incorporated
2023-02-28
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$2.5M$5.0M$7.5M$10MSeed · 2023-02-28 Raised $1.3M (real) Modeled valuation $8.6M (est)$1.3M$8.6MSeed2023

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
Seed$1.3M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$8.6M
Base estimate est.
$1.1M
Conservative case
$33.0M
Upside case
$6.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.3 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. 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) 0.4× of median
This company$1.3M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$1.3M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$8.6M
Sector median$25.2M

Raised more than 34% of sector peers (real $). Modeled value above 26% of peers (estimate).

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.
Seed$1.3M2023-02-28$6.3M$8.6M90%
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. Seed$1.3M2023-02-28
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
Intelligence
Modeled next raise
$2.0M
Modeled next size est.range $1.3M$3.2M
Last step-up
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
Chadd Evans26 other2023-02
Ashok Reddy2 other2023-02
Registry & provenance

Overlay Capital Innovation Fund, LP 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
1965917
SEC CIK
2022
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
OMV Terra 1, LLCOtherSeed$1.3M$12.7Mnetwork1 shared operator · same stage
OCIP Interconnect 7, LLCOtherSeed$1.4M$3.4Mnetwork1 shared operator · same stage
OMVentures GGC 2, LLCOtherSeed$1.4M$14.3Mnetwork1 shared operator · same stage
OMV Emrgy SA, LLCOtherSeed$1.1M$8.9Mnetwork1 shared operator · same stage
OC Avalanche Partners, LLCOtherSeed$1.5M$3.7Mnetwork1 shared operator · same stage
OCRA Texas AL, LLCOtherSeed$1.6M$13.4Mnetwork1 shared operator · same stage
Altera Investments, LLCOtherSeed$2.0M$38.1Mnetwork1 shared operator · same stage
OMV Revere Climactic, LLCOtherSeed$2.0M$16.2Mnetwork1 shared operator · same stage
Frequently asked
How much funding has Overlay Capital Innovation Fund, LP raised?
Overlay Capital Innovation Fund, LP has raised approximately $1.3M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Overlay Capital Innovation Fund, LP's estimated valuation?
Provath's modeled valuation for Overlay Capital Innovation Fund, LP is approximately $8.6M (modeled range $1.1M–$33.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Overlay Capital Innovation Fund, LP at?
Overlay Capital Innovation Fund, LP's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Feb 28.
What does Overlay Capital Innovation Fund, LP do and where is it based?
Overlay Capital Innovation Fund, LP operates in the Investment Vehicle sector, based in ALPHARETTA.
Explore related

See where Overlay Capital Innovation Fund, LP sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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