Diligence memo · auto-generated · as of July 2, 2026
Pagaya Technologies Ltd.
Pagaya Technologies Ltd. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Pagaya Technologies Ltd. operates in Software / Tech, based in TEL-AVIV.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pagaya Technologies Ltd. has raised $3.5B in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $3.4B on 2022-06-22.
Most recent recorded round closed around 2023-05-24.
Valuation (modeled)modeled
Provath models Pagaya Technologies Ltd. at approximately $1.3B (range $573M–$1.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.16× the median modeled value of Growth/Late Software / Tech companies in 2022–2024 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 3.1 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 4.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Software / Tech peers (3920 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: JUUL Labs, Inc., Jingbo Technology, Inc., Yuga Labs, Inc., Sanborn Analytics Inc, ROM Technologies, Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.