Diligence memo · auto-generated · as of July 2, 2026

Patra TopCo, LLC

Patra TopCo, LLC looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Patra TopCo, LLC operates in Other, based in SAN FRANCISCO.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Patra TopCo, LLC has raised $41M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $41M on 2022-09-01.

Most recent recorded round closed around 2022-09-01.

Valuation (modeled)modeled

Provath models Patra TopCo, LLC at approximately $453M (range $157M–$886M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.85× the median modeled value of Series C Other companies in 2022–2024 (192 peers) — value vs value, same stage and era. Within the normal band (85% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 3.8 yr ago; this sector typically re-raises about every 11 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 92% of Other peers (25015 compared).

Modeled value ranks above 94% of those peers.

Closest niche peers: Wild Type, Inc., Thingy Thing Inc., Intelycare, Inc., CertiK Global Ltd., Ivanhoe Electric 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.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.