Companies · Business Services

Pathao

DOVER · Business Services

Diligence memoA one-page analyst read on Pathao — recommendation, valuation, rhythm, risks.
$825K
Total raised · real
1
Rounds
Latest step-up
Top 50%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Oct 31 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Pathao looks over-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. Valuation uses the business services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 3.00× the median modeled value of Pre-Seed Business Services companies in 2016–2018 (140 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 9.7 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Business Services

Pathao is one of 2439 Business Services companies tracked from DOVER. By capital raised it ranks mid-pack (ahead of 51% of sector peers), and mid-pack 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
No revenue
Issuer revenue
Rule 504
Reg D exemption
9
Investors (latest)
2016
Year incorporated
2016-10-31
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$13M$25M$38M$50MPre-Seed · 2016-10-31 Raised $825K (real) Modeled valuation $26M (est)$825K$26MPre-Seed2016

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$825K · 2016

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

Modeled valuation trajectory
$26.1M
Base estimate est.
$561K
Conservative case
$295.5M
Upside case
$4.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
31%
Survival probability
12% low · 56% high
1.63×/yr
Annual markup
2.21×/yr upside case
6.0 yr
Elapsed time used
9.7 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
9.7 yr
On record since
2016
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2439 companies in Business Services. 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) 0.6× of median
This company$825K
Sector median$1.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.6× above median
This company$825K
Sector median$322K
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$26.1M
Sector median$15.0M

Raised more than 51% of sector peers (real $). Modeled value above 69% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #12 of 140.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Dip Cosmetica Inc. · Pre-Seed Raised $1.0M · modeled $31.6M (est)preCharge USA, Inc. · Pre-Seed Raised $1.0M · modeled $31.6M (est)Kountable, Inc. · Pre-Seed Raised $1.0M · modeled $31.6M (est)Women In Their Prime, LLC · Pre-Seed Raised $1.0M · modeled $31.6M (est)SkuSuite, Inc. · Pre-Seed Raised $1.0M · modeled $31.6M (est)SBS Weanling Pinhook II LLC · Pre-Seed Raised $1.0M · modeled $31.6M (est)RonakBM, Inc. · Pre-Seed Raised $1.2M · modeled $30.3M (est)All South Flooring, LLC · Pre-Seed Raised $900K · modeled $28.4M (est)1052 Partners, LLC · Pre-Seed Raised $1.5M · modeled $28.4M (est)Virtuous Vices, LLC · Pre-Seed Raised $875K · modeled $27.6M (est)Port Logistics, LLC · Pre-Seed Raised $860K · modeled $27.2M (est)Pathao (this company) Raised $825K · modeled $26.1M (est)Pathao
CompanyStageRaised · realValue · estvs peer med.
Dip Cosmetica Inc.Pre-Seed$1.0M$31.6M3.64×
preCharge USA, Inc.Pre-Seed$1.0M$31.6M3.64×
Kountable, Inc.Pre-Seed$1.0M$31.6M3.64×
Women In Their Prime, LLCPre-Seed$1.0M$31.6M3.64×
SkuSuite, Inc.Pre-Seed$1.0M$31.6M3.64×
SBS Weanling Pinhook II LLCPre-Seed$1.0M$31.6M3.64×
RonakBM, Inc.Pre-Seed$1.2M$30.3M3.49×
All South Flooring, LLCPre-Seed$900K$28.4M3.27×
1052 Partners, LLCPre-Seed$1.5M$28.4M3.27×
Virtuous Vices, LLCPre-Seed$875K$27.6M3.18×
Port Logistics, LLCPre-Seed$860K$27.2M3.13×
Pathao this companyPre-Seed$825K$26.1M3.00×
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$825K2016-10-31$4.6M$26.1M90%
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. Pre-Seed$825K2016-10-31
    • First recorded raise — entered as Pre-Seed.
    • 9 investors on this round.
Intelligence
Modeled next raise
$1.3M
Modeled next size est.range $858K$2.1M
Last step-up
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
Fahim Saleh2 other2016-10
Edward Simnett2016-10
Efath Sharker2016-10
Hussain Elius2016-10
Shifat Adnan2016-10
Siamac Kamalie2016-10
Registry & provenance

Pathao 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
1682780
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
Seedchange Inc.Business ServicesPre-Seed$829K$15.1Msame sector · same stage
Vector Center LLCBusiness ServicesPre-Seed$835K$26.4Msame sector · same stage
Learn Big Holdings LLCBusiness ServicesPre-Seed$815K$25.7Msame sector · same stage
Floorexpo IncBusiness ServicesPre-Seed$844K$15.4Msame sector · same stage
Centauri Martin Company, LLCBusiness ServicesPre-Seed$805K$25.4Msame sector · same stage
Teracent CorpBusiness ServicesPre-Seed$800K$17.4Msame sector · same stage
TrendEx Group, Inc.Business ServicesPre-Seed$800K$25.3Msame sector · same stage
Whiteboard Advisors, LLCBusiness ServicesPre-Seed$800K$25.3Msame 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
Pathfinder Partners Group, Inc.Business ServicesPre-Seed$779K80%
Baifa, LLCBusiness ServicesPre-Seed$20.0M78%
Apeiro DesignBusiness ServicesPre-Seed$339K77%
Ocolo, LlcBusiness ServicesSeed$10.5M76%
DAO Oasis, LLCBusiness ServicesPre-Seed$513K76%
SBS Pinhook IX LLCBusiness ServicesSeed$7.2M75%
Jiangxi Yidian Data Technology LtdBusiness ServicesSeries A$19.2M75%
Item BancBusiness ServicesSeries A$54.1M75%
Frequently asked
How much funding has Pathao raised?
Pathao has raised approximately $825K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Pathao's estimated valuation?
Provath's modeled valuation for Pathao is approximately $26.1M (modeled range $561K–$295.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pathao at?
Pathao's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Oct 31.
What does Pathao do and where is it based?
Pathao operates in the Business Services sector, based in DOVER.
Explore related

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

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