Companies · Software / Tech

Parlay App, Inc.

Boston · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Parlay App, Inc. — recommendation, valuation, rhythm, risks.
$8.1M
Total raised · real
2
Rounds
2.6×
Latest step-up
Top 37%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 23 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Parlay App, Inc. looks fair 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. 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.

Fair
  • Modeled value is 0.78× the median modeled value of Series A Software / Tech companies in 2019–2021 (278 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Dormant
  • Last raise 4.9 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
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 Software / Tech

Parlay App, Inc. is one of 3920 Software / Tech companies tracked from Boston. By capital raised it ranks mid-pack (ahead of 64% 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
16
Investors (latest)
2017
Year incorporated
2021-07-23
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$50M$100M$150M$200MSeed · 2019-08-09 Raised $2.3M (real) Modeled valuation $77M (est)$2.3M$77MSeed2019Series A · 2021-07-23 Raised $5.9M (real) Modeled valuation $106M (est)$5.9M$106MSeries A2021+$5.9MCumulative $8.1M

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$2.3M · 2019
Series A$5.9M · 2021

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: 67%.

Modeled valuation trajectory
$106.3M
Base estimate est.
$7.9M
Conservative case
$452.4M
Upside case
$26.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $76.7M · 2019-08-092019Series A · modeled $106.3M · 2021-07-232021
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
4.9 yr
Elapsed time used
4.9 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$4.2M/yr
Capital velocity
6.9 yr
On record since
2019
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 1.8× above median
This company$8.1M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.1× above median
This company$5.9M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 2.9× above median
This company$106.3M
Sector median$36.6M

Raised more than 64% of sector peers (real $). Modeled value above 73% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #195 of 278.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Digital Hands, LLC · Series A Raised $15.0M · modeled $416.1M (est)Ophelius Labs Inc · Series A Raised $15.0M · modeled $416.1M (est)StreetLight Data Inc. · Series A Raised $40.5M · modeled $416.1M (est)Unlimited Labs Inc. · Series A Raised $23.9M · modeled $416.1M (est)Numerated Growth Technologies, Inc. · Series A Raised $27.5M · modeled $416.1M (est)Carevive Systems, Inc. · Series A Raised $22.2M · modeled $414.9M (est)Lyra Technologies, Inc. · Series A Raised $19.5M · modeled $414.5M (est)Panther Labs Inc. · Series A Raised $20.4M · modeled $405.4M (est)Ascent Technologies, Inc. · Series A Raised $22.1M · modeled $405.0M (est)Weyland Tech, Inc. · Series A Raised $15.3M · modeled $396.3M (est)Transparent Financial Systems, Inc. · Series A Raised $14.2M · modeled $393.9M (est)Racktop Systems, Inc. · Series A Raised $14.9M · modeled $385.3M (est)Parlay App, Inc. (this company) Raised $8.1M · modeled $106.3M (est)Parlay App, Inc.
CompanyStageRaised · realValue · estvs peer med.
Digital Hands, LLCSeries A$15.0M$416.1M3.06×
Ophelius Labs IncSeries A$15.0M$416.1M3.06×
StreetLight Data Inc.Series A$40.5M$416.1M3.06×
Unlimited Labs Inc.Series A$23.9M$416.1M3.06×
Numerated Growth Technologies, Inc.Series A$27.5M$416.1M3.06×
Carevive Systems, Inc.Series A$22.2M$414.9M3.05×
Lyra Technologies, Inc.Series A$19.5M$414.5M3.04×
Panther Labs Inc.Series A$20.4M$405.4M2.98×
Ascent Technologies, Inc.Series A$22.1M$405.0M2.97×
Weyland Tech, Inc.Series A$15.3M$396.3M2.91×
Transparent Financial Systems, Inc.Series A$14.2M$393.9M2.89×
Racktop Systems, Inc.Series A$14.9M$385.3M2.83×
Parlay App, Inc. this companySeries A$8.1M$106.3M0.78×
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$2.3M2019-08-09$11.3M$76.7M90%
Series A$5.9M2021-07-23$26.7M$106.3M90%
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. Seed$2.3M2019-08-09
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Series A$5.9M2021-07-23
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 16 investors on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~23mo cadence
$15.4M
Modeled next size est.range $10.0M$24.6M
2.6×
Last step-up
$4.2M/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
Jason Zopf2019-08
Keith Frankel2019-08
Registry & provenance

Parlay App, 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
1735360
SEC CIK
2017
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
treat Technologies Inc.Software / TechSeries A$8.1M$107.4Msame sector · same stage
Constellation Labs Inc.Software / TechSeries A$8.2M$79.9Msame sector · same stage
Supernova.io IncSoftware / TechSeries A$8.1M$105.9Msame sector · same stage
Sonavi Labs, Inc.Software / TechSeries A$8.2M$97.0Msame sector · same stage
Argus World Labs, Inc.Software / TechSeries A$8.3M$87.4Msame sector · same stage
Stark Lab Inc.Software / TechSeries A$8.0M$115.6Msame sector · same stage
GloveBox Technologies, Inc.Software / TechSeries A$8.4M$103.6Msame sector · same stage
Spanning Labs Inc.Software / TechSeries A$8.4M$91.0Msame 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
Parlay Protocol Inc.Other TechnologySeed$5.9M85%
ParlayPlay Inc.Other TechnologySeed$19.8M84%
Parsley Software, Inc.Software / TechPre-Seed$9.8M82%
Pinata Technologies, Inc.Software / TechSeries B$272.1M82%
Layer Technologies, Inc.Software / TechPre-Seed$2.3M81%
Pantri App, Inc.Software / TechPre-Seed$1.2M81%
Parler Technologies, Inc.Software / TechSeries C$611.2M81%
Parlay Projects LLCOtherSeed$13.0M81%
Frequently asked
How much funding has Parlay App, Inc. raised?
Parlay App, Inc. has raised approximately $8.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Parlay App, Inc.'s estimated valuation?
Provath's modeled valuation for Parlay App, Inc. is approximately $106.3M (modeled range $7.9M–$452.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Parlay App, Inc. at?
Parlay App, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 23.
What does Parlay App, Inc. do and where is it based?
Parlay App, Inc. operates in the Software / Tech sector, based in Boston.
Explore related

See where Parlay App, 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 Parlay App, 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.