Companies · Software / Tech

Parrot Technologies, Inc. / DE

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

Diligence memoA one-page analyst read on Parrot Technologies, Inc. / DE — recommendation, valuation, rhythm, risks.
$14.4M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 27%
Sector rank · raised
Series A
Latest stage · inferred · Thu Feb 08 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Parrot Technologies, Inc. / DE 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 0.32× the median modeled value of Series A Software / Tech companies in 2022–2024 (413 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.4 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 Software / Tech

Parrot Technologies, Inc. / DE is one of 3920 Software / Tech companies tracked from Covina. By capital raised it ranks in the upper tier (ahead of 74% of sector peers), and in the long tail 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
6
Investors (latest)
2020
Year incorporated
2024-02-08
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 · 2020-08-18 Raised $2.0M (real) Modeled valuation $65M (est)$2.0M$65MSeed2020Series A · 2021-11-05 Raised $9.8M (real) Modeled valuation $158M (est)$9.8M$158MSeries A2021Series A · 2021-11-05 Raised $9.8M (real) Modeled valuation $158M (est)$9.8M$158MSeries A2021Series A · 2024-02-08 Raised $2.5M (real) Modeled valuation $16M (est)$2.5M$16MSeries A2024+$9.8M+$9.8M+$2.5MCumulative $24M

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$2.0M · 2020
Series A$9.8M · 2021
Series A extension$9.8M · 2021
Series A extension$2.5M · 2024

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
$16.1M
Base estimate est.
$3.3M
Conservative case
$38.2M
Upside case
$11.4M
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 $65.0M · 2020-08-182020Series A · modeled $158.5M · 2021-11-05Series A · modeled $158.5M · 2021-11-05Series A · modeled $16.1M · 2024-02-082024
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
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$4.1M/yr
Capital velocity
5.9 yr
On record since
2020
First round
4
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) 3.1× above median
This company$14.4M
Sector median$4.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.4× of median
This company$2.5M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$16.1M
Sector median$36.6M

Raised more than 74% of sector peers (real $). Modeled value above 35% 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 #372 of 413.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Solidblock Holdings LLC Detox Digital Series · Series A Raised $15.0M · modeled $210.5M (est)inFeedo Tech Inc. · Series A Raised $14.3M · modeled $206.1M (est)Red Leader Technologies, Inc. · Series A Raised $13.8M · modeled $202.2M (est)Mocha Technologies Inc. · Series A Raised $13.4M · modeled $200.9M (est)Isometric Technologies Inc. · Series A Raised $15.0M · modeled $193.5M (est)Carbon6 Technologies, Inc. · Series A Raised $15.9M · modeled $188.2M (est)Grin Technology Services, Inc. · Series A Raised $14.7M · modeled $180.9M (est)Nucleated Foam Technologies, Inc. · Series A Raised $12.5M · modeled $174.4M (est)Primer Labs Inc. · Series A Raised $12.9M · modeled $169.6M (est)Triumph Labs, Inc. · Series A Raised $12.1M · modeled $165.2M (est)Thred Technologies, Inc. · Series A Raised $14.9M · modeled $160.3M (est)MetaStreet Labs, Inc. · Series A Raised $26.2M · modeled $157.6M (est)Parrot Technologies, Inc. / DE (this company) Raised $14.4M · modeled $16.1M (est)Parrot Technologies, Inc. / DE
CompanyStageRaised · realValue · estvs peer med.
Solidblock Holdings LLC Detox Digital SeriesSeries A$15.0M$210.5M4.16×
inFeedo Tech Inc.Series A$14.3M$206.1M4.08×
Red Leader Technologies, Inc.Series A$13.8M$202.2M4.00×
Mocha Technologies Inc.Series A$13.4M$200.9M3.98×
Isometric Technologies Inc.Series A$15.0M$193.5M3.83×
Carbon6 Technologies, Inc.Series A$15.9M$188.2M3.72×
Grin Technology Services, Inc.Series A$14.7M$180.9M3.58×
Nucleated Foam Technologies, Inc.Series A$12.5M$174.4M3.45×
Primer Labs Inc.Series A$12.9M$169.6M3.36×
Triumph Labs, Inc.Series A$12.1M$165.2M3.27×
Thred Technologies, Inc.Series A$14.9M$160.3M3.17×
MetaStreet Labs, Inc.Series A$26.2M$157.6M3.12×
Parrot Technologies, Inc. / DE this companySeries A$14.4M$16.1M0.32×
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$2.0M2020-08-18$10.2M$65.0M90%
Series A$9.8M2021-11-05$44.8M$158.5M90%
Series A$9.8M2021-11-05$44.8M$158.5M90%
Series A$2.5M2024-02-08$11.4M$16.1M90%
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$2.0M2020-08-18
    • First recorded raise — entered as Seed.
    • 30 investors on this round.
  2. Series A$9.8M2021-11-05
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 4.8× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Series A$9.8M2021-11-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 41 investors on this round.
  4. Series A$2.5M2024-02-08
    • Raised again after 27 mo — slower than the ~13 mo sector norm.
    • Round 3.9× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~14mo cadence
$2.5M
Modeled next size est.range $2.5M$4.0M
0.3×
Last step-up
$4.1M/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
David Jegen2 other2021-11
David Eugenio Villarreal Ortiz2021-11
David Villarreal Ortiz2020-08
Roberto Cebrian Flores2020-08
Registry & provenance

Parrot Technologies, Inc. / DE 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
1830147
SEC CIK
2020
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
Embr Labs Inc.Software / TechSeries A$14.1M$14.7Msame sector · same stage
Aten Technology, Inc.Software / TechSeries A$15.0M$16.7Msame sector · same stage
Peerlogic Technologies, Inc.Software / TechSeries A$13.4M$16.3Msame sector · same stage
Nymbl Systems, Inc.Software / TechSeries A$15.5M$12.9Msame sector · same stage
Trutouch Technologies, Inc.Software / TechSeries A$12.8M$13.9Msame sector · same stage
Precise Systems Holdings, LLCSoftware / TechSeries A$12.5M$17.8Msame sector · same stage
Horsepower Technologies Inc.Software / TechSeries A$12.4M$20.8Msame sector · same stage
Cycle Labs, Inc.Software / TechSeries A$16.7M$19.9Msame 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
Parrot.MD Inc.Other TechnologyPre-Seed$3.1M89%
Parrot AI, Inc.AI / MLSeed$20.5M86%
Dual Bird Technologies Inc.Software / TechSeries B$93.9M85%
Claira Technologies, Inc.Software / TechSeries A$58.9M84%
REEF Technology Inc.Software / TechGrowth/Late$23.2B84%
VOS Systems, Inc. / DESoftware / TechPre-Seed$1.6M84%
Little Bird Systems LLCSoftware / TechSeed$30.6M83%
Avridh Technologies, Inc.Software / TechSeries A$13.8M82%
Frequently asked
How much funding has Parrot Technologies, Inc. / DE raised?
Parrot Technologies, Inc. / DE has raised approximately $14.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Parrot Technologies, Inc. / DE's estimated valuation?
Provath's modeled valuation for Parrot Technologies, Inc. / DE is approximately $16.1M (modeled range $3.3M–$38.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Parrot Technologies, Inc. / DE at?
Parrot Technologies, Inc. / DE's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Feb 08.
What does Parrot Technologies, Inc. / DE do and where is it based?
Parrot Technologies, Inc. / DE operates in the Software / Tech sector, based in Covina.
Explore related

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

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