Diligence memo · auto-generated · as of July 2, 2026
Pathao
Pathao looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Pathao operates in Business Services, based in DOVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pathao has raised $825K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $825K on 2016-10-31.
Most recent recorded round closed around 2016-10-31.
Valuation (modeled)modeled
Provath models Pathao at approximately $26M (range $561K–$296M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 51% of Business Services peers (2439 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: Dip Cosmetica Inc., preCharge USA, Inc., Kountable, Inc., Women In Their Prime, LLC, SkuSuite, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.