Companies · Other

PANOS Holdings, Inc.

ROCHELLE PARK · Other

Diligence memoA one-page analyst read on PANOS Holdings, Inc. — recommendation, valuation, rhythm, risks.
$52.0M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Fri Feb 17 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

PANOS Holdings, Inc. 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.

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 0.62× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.4 yr ago; this sector typically re-raises about every 11 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

PANOS Holdings, Inc. 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
10.4 yr record
Peak capital year was 2016 with $39.5M across 1 filings.
Market position
ahead of 93% of Other peers
Capital scale is ahead of 93% of Other peers; modeled value is above 89% 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
Lower 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.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2016: $39.5M across 1 filings.
  • Largest single filing was $39.5M on 2016-01-29.
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 Other

PANOS Holdings, Inc. is one of 25015 Other companies tracked from ROCHELLE PARK. By capital raised it ranks among the largest (ahead of 93% 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
8
Investors (latest)
2016
Year incorporated
2017-02-17
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$250M$500M$750M$1.0BSeries B · 2016-01-29 Raised $40M (real) Modeled valuation $656M (est)$40M$656MSeries B2016Series B · 2017-02-17 Raised $12M (real) Modeled valuation $207M (est)$12M$207MSeries B2017+$12MCumulative $52M

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
Series B$39.5M · 2016
Series B extension$12.5M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$207.3M
Base estimate est.
$31.2M
Conservative case
$797.7M
Upside case
$69.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $656.3M · 2016-01-292016Series B · modeled $207.3M · 2017-02-172017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
9.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$49.3M/yr
Capital velocity
10.4 yr
On record since
2016
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 25× above median
This company$52.0M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$12.5M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 12× above median
This company$207.3M
Sector median$17.7M

Raised more than 93% 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 B) 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 #220 of 298.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)EIP Investment Holdings, LLC · Series B Raised $40.0M · modeled $664.6M (est)HD MSouth Holdings, LLC · Series B Raised $39.7M · modeled $659.3M (est)Aston Holding Corp. · Series B Raised $39.6M · modeled $658.7M (est)AirClean Holdings, Inc. · Series B Raised $39.6M · modeled $658.2M (est)Westminster Virginia LP · Series B Raised $39.6M · modeled $657.9M (est)NextGen CCM, LLC · Series B Raised $39.5M · modeled $656.3M (est)Juvo Mobile Inc. · Series B Raised $44.4M · modeled $649.6M (est)Swordfish Holdings, L.P. · Series B Raised $58.7M · modeled $641.7M (est)Nexcore Holdings, LLC · Series B Raised $48.5M · modeled $637.1M (est)Champion Parent Corp · Series B Raised $37.7M · modeled $627.2M (est)ADT Investment LLC · Series B Raised $37.5M · modeled $623.2M (est)FinTech Acquisition Corp · Series B Raised $37.5M · modeled $623.1M (est)PANOS Holdings, Inc. (this company) Raised $52.0M · modeled $207.3M (est)PANOS Holdings, Inc.
CompanyStageRaised · realValue · estvs peer med.
EIP Investment Holdings, LLCSeries B$40.0M$664.6M2.00×
HD MSouth Holdings, LLCSeries B$39.7M$659.3M1.98×
Aston Holding Corp.Series B$39.6M$658.7M1.98×
AirClean Holdings, Inc.Series B$39.6M$658.2M1.98×
Westminster Virginia LPSeries B$39.6M$657.9M1.98×
NextGen CCM, LLCSeries B$39.5M$656.3M1.97×
Juvo Mobile Inc.Series B$44.4M$649.6M1.95×
Swordfish Holdings, L.P.Series B$58.7M$641.7M1.93×
Nexcore Holdings, LLCSeries B$48.5M$637.1M1.92×
Champion Parent CorpSeries B$37.7M$627.2M1.89×
ADT Investment LLCSeries B$37.5M$623.2M1.88×
FinTech Acquisition CorpSeries B$37.5M$623.1M1.87×
PANOS Holdings, Inc. this companySeries B$52.0M$207.3M0.62×
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.
Series B$39.5M2016-01-29$219.4M$656.3M85%
Series B$12.5M2017-02-17$69.3M$207.3M90%
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. Series B$39.5M2016-01-29
    • First recorded raise — entered as Series B.
    • 12 investors on this round.
  2. Series B$12.5M2017-02-17
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 8 investors on this round.
Intelligence
2018 ~Q1
Modeled next raise · ~13mo cadence
$12.5M
Modeled next size est.range $12.5M$20.0M
0.3×
Last step-up
$49.3M/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
Michael A Foisy16 other2016-01
John M Carsello5 other2016-01
Robert A. Sigel1 other2017-02
Bonnie A Jedrzejczak2017-02
Bonnie M Jedrzejczak2016-01
Steven M Grossman2016-01
Registry & provenance

PANOS Holdings, 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
1666292
SEC CIK
2016
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
PANOS Intermediate Holdings, LLCOtherSeries C$45.6M$362.7Mnetwork2 shared operators · same sector
Gatekeeper Holdings, Inc.OtherSeries B$35.3M$54.0Mnetwork1 shared operator · same sector · same stage
K R Drenth Trucking IncOtherSeries B$26.2M$435.3Mnetwork1 shared operator · same sector · same stage
Livepeer, Inc.OtherSeries B$51.2M$232.3Msame sector · same stage
HKW GC Holdings, Inc.OtherSeries C$41.5M$463.2Mnetwork1 shared operator · same sector
Eagle River Capital, LLCOtherSeries B$49.3M$194.7Msame sector · same stage
Akerna Corp.OtherSeries B$48.6M$219.1Msame sector · same stage
Crowdstar Inc.OtherSeries B$57.2M$202.0Msame 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
PANOS Intermediate Holdings, LLCOtherSeries C$362.7M94%
Ikos Holdings, Inc.OtherSeed$15.9M90%
Panamera Holdings CorpOtherPre-Seed$1.3M87%
Pangaea Holdings Inc.OtherSeries A$132.8M87%
Panamera Acquisition Holdings, Inc.OtherSeries B$481.8M86%
Lido Investor Holdings, LlcOtherSeries A$83.2M86%
Volos Portfolio Solutions, LLCOtherPre-Seed$6.9M86%
Eeo Holdings, Inc.OtherSeed$23.1M86%
Frequently asked
How much funding has PANOS Holdings, Inc. raised?
PANOS Holdings, Inc. has raised approximately $52.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PANOS Holdings, Inc.'s estimated valuation?
Provath's modeled valuation for PANOS Holdings, Inc. is approximately $207.3M (modeled range $31.2M–$797.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PANOS Holdings, Inc. at?
PANOS Holdings, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Feb 17.
What does PANOS Holdings, Inc. do and where is it based?
PANOS Holdings, Inc. operates in the Other sector, based in ROCHELLE PARK.
Explore related

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