Diligence memo · auto-generated · as of July 3, 2026
P1 Trials, Inc.
P1 Trials, Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
P1 Trials, Inc. operates in Business Services, based in SEATTLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
P1 Trials, Inc. has raised $7.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.5M on 2025-11-26.
Most recent recorded round closed around 2025-11-26.
Valuation (modeled)modeled
Provath models P1 Trials, Inc. at approximately $17M (range $7.6M–$27M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.89× the median modeled value of Series A Business Services companies in 2025–2027 (57 peers) — value vs value, same stage and era. Within the normal band (89% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 7 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 3.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Business Services peers (2439 compared).
Modeled value ranks above 62% of those peers.
Closest niche peers: Brickell Bay Holding Company, LLC, Housr Holdings 1 LLC, CPE Enterprises, LLC, Panda Group, LLC, Hague Global Holdings, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.