Companies · Other Technology

Pallidus, Inc.

ALBANY · Other Technology

Diligence memoA one-page analyst read on Pallidus, Inc. — recommendation, valuation, rhythm, risks.
$129.7M
Total raised · real
8
Rounds
0.4×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Tue Dec 05 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Pallidus, Inc. looks under-valued against its niche peers and is at-risk 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 0.50× the median modeled value of Series C Other Technology companies in 2022–2024 (187 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.6 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.
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 Other Technology

Pallidus, Inc. is one of 21302 Other Technology companies tracked from ALBANY. By capital raised it ranks among the largest (ahead of 98% of sector peers), and in the upper tier 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
19
Investors (latest)
2023-12-05
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$500M$1.0B$1.5B$2.0BPre-Seed · 2015-06-12 Raised $116K (real) Modeled valuation $4.9M (est)Pre-Seed2015Seed · 2016-05-25 Raised $2.8M (real) Modeled valuation $94M (est)Seed2016Series A · 2018-03-08 Raised $9.2M (real) Modeled valuation $254M (est)Series A2018Series A · 2019-04-26 Raised $6.5M (real) Modeled valuation $181M (est)Series A2019Series A · 2020-07-15 Raised $2.0M (real) Modeled valuation $55M (est)Series A2020Series A · 2021-10-01 Raised $5.0M (real) Modeled valuation $84M (est)Series A2021Series B · 2022-11-18 Raised $38M (real) Modeled valuation $508M (est)Series B2022Series C · 2022-11-18 Raised $74M (real) Modeled valuation $1.1B (est)Series C2022Series C · 2023-12-05 Raised $30M (real) Modeled valuation $334M (est)Series C2023+$2.8M+$9.2M+$6.5M+$2.0M+$5.0M+$38M+$74M+$30MCumulative $168M

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$116K · 2015
Seed$2.8M · 2016
Series A$9.2M · 2018
Series A extension$6.5M · 2019
Series A extension$2.0M · 2020
Series A extension$5.0M · 2021
Series B$38.5M · 2022
Series C$74.1M · 2022
Series C extension$30.1M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$334.4M
Base estimate est.
$114.0M
Conservative case
$549.9M
Upside case
$200.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $4.9M · 2015-06-122015Seed · modeled $93.7M · 2016-05-25Series A · modeled $253.8M · 2018-03-08Series A · modeled $181.4M · 2019-04-26Series A · modeled $54.7M · 2020-07-15Series A · modeled $83.7M · 2021-10-01Series B · modeled $507.8M · 2022-11-18Series C · modeled $1.1B · 2022-11-18Series C · modeled $334.4M · 2023-12-052023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
2.6 yr
Elapsed time used
2.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$15.3M/yr
Capital velocity
11.1 yr
On record since
2015
First round
9
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. 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) 41× above median
This company$129.7M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.6× of median
This company$30.1M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 9.0× above median
This company$334.4M
Sector median$37.3M

Raised more than 98% of sector peers (real $). Modeled value above 89% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #149 of 187.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)LinkSquares, Inc. · Series C Raised $160.2M · modeled $1.9B (est)Semperis Ltd. · Series C Raised $130.0M · modeled $1.8B (est)Veev Group, Inc. · Series C Raised $94.5M · modeled $1.8B (est)GPI Acquisitions, Inc. · Series C Raised $175.0M · modeled $1.7B (est)DVX Ventures LLC · Series C Raised $119.8M · modeled $1.5B (est)Ncr Corp · Series C Raised $73.7M · modeled $1.5B (est)RelationalAI, Inc. · Series C Raised $74.0M · modeled $1.4B (est)Nantero Inc · Series C Raised $172.9M · modeled $1.4B (est)MoEngage, Inc. · Series C Raised $172.2M · modeled $1.4B (est)H2scan Corp · Series C Raised $83.2M · modeled $1.4B (est)ITsavvy Holdings, LLC · Series C Raised $81.4M · modeled $1.4B (est)Coherent Group Inc. · Series C Raised $74.0M · modeled $1.3B (est)Pallidus, Inc. (this company) Raised $129.7M · modeled $334.4M (est)Pallidus, Inc.
CompanyStageRaised · realValue · estvs peer med.
LinkSquares, Inc.Series C$160.2M$1.9B2.80×
Semperis Ltd.Series C$130.0M$1.8B2.74×
Veev Group, Inc.Series C$94.5M$1.8B2.71×
GPI Acquisitions, Inc.Series C$175.0M$1.7B2.47×
DVX Ventures LLCSeries C$119.8M$1.5B2.27×
Ncr CorpSeries C$73.7M$1.5B2.19×
RelationalAI, Inc.Series C$74.0M$1.4B2.07×
Nantero IncSeries C$172.9M$1.4B2.06×
MoEngage, Inc.Series C$172.2M$1.4B2.05×
H2scan CorpSeries C$83.2M$1.4B2.03×
ITsavvy Holdings, LLCSeries C$81.4M$1.4B2.03×
Coherent Group Inc.Series C$74.0M$1.3B2.02×
Pallidus, Inc. this companySeries C$129.7M$334.4M0.50×
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$116K2015-06-12$642K$4.9M85%
Seed$2.8M2016-05-25$13.8M$93.7M85%
Series A$9.2M2018-03-08$41.6M$253.8M90%
Series A$6.5M2019-04-26$29.7M$181.4M90%
Series A$2.0M2020-07-15$9.1M$54.7M90%
Series A$5.0M2021-10-01$22.7M$83.7M90%
Series B$38.5M2022-11-18$213.7M$507.8M90%
Series C$74.1M2022-11-18$493.9M$1.1B90%
Series C$30.1M2023-12-05$200.5M$334.4M90%
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$116K2015-06-12
    • First recorded raise — entered as Pre-Seed.
    • 105 investors on this round.
  2. Seed$2.8M2016-05-25
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 23.8× larger than the prior — scaling up.
    • 1 investor on this round.
  3. Series A$9.2M2018-03-08
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 3.3× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Series A$6.5M2019-04-26
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series A$2.0M2020-07-15
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Series A$5.0M2021-10-01
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 3 investors on this round.
  7. Series B$38.5M2022-11-18
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 7.7× larger than the prior — scaling up.
    • 9 investors on this round.
  8. Series C$74.1M2022-11-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× larger than the prior — scaling up.
    • 16 investors on this round.
  9. Series C$30.1M2023-12-05
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 19 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~13mo cadence
$30.1M
Modeled next size est.range $30.1M$48.1M
0.4×
Last step-up
$15.3M/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
George Davis3 other2023-12
John T. Kurtzweil2 other2022-11
Mark Land2 other2015-06
Cooper Rinzler1 other2023-12
Richard Clemmer1 other2023-12
Walden Rhines1 other2023-12
Cooper T. Rinzler2022-11
David Given2016-05
Glenn Sandgren2015-06
Hap Hewes2018-03
Jim Heddleson2020-07
John Kurtzweil2019-04
Richard L. Clemmer2022-11
Walden T. Rhines2022-11
Registry & provenance

Pallidus, Inc. 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
1661152
SEC CIK
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
Prolific Machines Inc.Other TechnologySeries C$54.6M$537.1Mnetwork1 shared operator · same sector · same stage
CesiumAstro Inc.Other TechnologySeries C$117.3M$318.7Msame sector · same stage
Insurify, Inc.Other TechnologySeries C$147.5M$308.7Msame sector · same stage
Cree IncOther TechnologySeries D+$211.0M$6.7Bnetwork1 shared operator · same sector
Center ID Corp.Other TechnologySeries C$102.8M$339.8Msame sector · same stage
Booksy Group Corp.Other TechnologySeries C$169.5M$329.8Msame sector · same stage
Realpage IncOther TechnologySeries C$99.1M$307.9Msame sector · same stage
Chowbus, Inc.Other TechnologySeries C$173.0M$322.3Msame 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
Paladin PBC, Inc.Other TechnologyPre-Seed$3.6M86%
Aclid, Inc.Other TechnologySeed$7.1M85%
PalabraApps LLCOther TechnologySeed$68.1M84%
Auxilus Inc.Other TechnologySeries A$65.0M84%
Axonius, Inc.Other TechnologySeries D+$705.0M84%
Cognius, Inc.Other TechnologySeries A$9.2M84%
SiDx, Inc.Other TechnologySeed$5.8M84%
Blocktorch Inc.Other TechnologySeed$40.8M84%
Frequently asked
How much funding has Pallidus, Inc. raised?
Pallidus, Inc. has raised approximately $129.7M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Pallidus, Inc.'s estimated valuation?
Provath's modeled valuation for Pallidus, Inc. is approximately $334.4M (modeled range $114.0M–$549.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pallidus, Inc. at?
Pallidus, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Dec 05.
What does Pallidus, Inc. do and where is it based?
Pallidus, Inc. operates in the Other Technology sector, based in ALBANY.
Explore related

See where Pallidus, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Pallidus, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.