Companies · Software / Tech

Pavia Systems, Inc.

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

Diligence memoA one-page analyst read on Pavia Systems, Inc. — recommendation, valuation, rhythm, risks.
$4.9M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 49%
Sector rank · raised
Seed
Latest stage · inferred · Wed Apr 18 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Pavia Systems, Inc. looks under-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 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 0.20× the median modeled value of Seed Software / Tech companies in 2016–2018 (229 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.2 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

Pavia Systems, Inc. is one of 3920 Software / Tech companies tracked from SEATTLE. By capital raised it ranks mid-pack (ahead of 52% 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
2
Investors (latest)
2018-04-18
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 · 2015-07-20 Raised $2.9M (real) Modeled valuation $101M (est)$2.9M$101MSeed2015Seed · 2016-10-20 Raised $1.5M (real) Modeled valuation $51M (est)$1.5M$51MSeed2016Seed · 2018-04-18 Raised $400K (real) Modeled valuation $14M (est)$400K$14MSeed2018+$1.5M+$400KCumulative $4.9M

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$2.9M · 2015
Seed extension$1.5M · 2016
Seed extension$400K · 2018

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: 50%.

Modeled valuation trajectory
$13.6M
Base estimate est.
$353K
Conservative case
$106.9M
Upside case
$2.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $100.5M · 2015-07-202015Seed · modeled $51.2M · 2016-10-20Seed · modeled $13.6M · 2018-04-182018
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
6.0 yr
Elapsed time used
8.2 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$1.8M/yr
Capital velocity
11.0 yr
On record since
2015
First round
3
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) 1.1× above median
This company$4.9M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$400K
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$13.6M
Sector median$36.6M

Raised more than 52% of sector peers (real $). Modeled value above 32% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #214 of 229.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Digital Sandbox, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Gigajot Technology, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Newman Cloud, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Vetica Labs, Inc. · Seed Raised $4.6M · modeled $136.3M (est)Privacy Labs, Inc. · Seed Raised $4.0M · modeled $136.3M (est)GoCo.IO, Inc. · Seed Raised $5.8M · modeled $135.2M (est)Risk Labs · Seed Raised $3.9M · modeled $132.9M (est)Eventador Labs, Inc. · Seed Raised $3.9M · modeled $131.9M (est)Pillar Technologies, Inc. · Seed Raised $3.7M · modeled $126.0M (est)VIIAD Systems, LLC · Seed Raised $3.7M · modeled $124.9M (est)LightRiver Software, Inc. · Seed Raised $3.5M · modeled $119.3M (est)Cambridge Technologies LLC · Seed Raised $3.5M · modeled $119.3M (est)Pavia Systems, Inc. (this company) Raised $4.9M · modeled $13.6M (est)Pavia Systems, Inc.
CompanyStageRaised · realValue · estvs peer med.
Digital Sandbox, Inc.Seed$4.0M$136.3M2.00×
Gigajot Technology, Inc.Seed$4.0M$136.3M2.00×
Newman Cloud, Inc.Seed$4.0M$136.3M2.00×
Vetica Labs, Inc.Seed$4.6M$136.3M2.00×
Privacy Labs, Inc.Seed$4.0M$136.3M2.00×
GoCo.IO, Inc.Seed$5.8M$135.2M1.98×
Risk LabsSeed$3.9M$132.9M1.95×
Eventador Labs, Inc.Seed$3.9M$131.9M1.94×
Pillar Technologies, Inc.Seed$3.7M$126.0M1.85×
VIIAD Systems, LLCSeed$3.7M$124.9M1.83×
LightRiver Software, Inc.Seed$3.5M$119.3M1.75×
Cambridge Technologies LLCSeed$3.5M$119.3M1.75×
Pavia Systems, Inc. this companySeed$4.9M$13.6M0.20×
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$2.9M2015-07-20$14.7M$100.5M85%
Seed$1.5M2016-10-20$7.5M$51.2M90%
Seed$400K2018-04-18$2.0M$13.6M90%
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$2.9M2015-07-20
    • First recorded raise — entered as Seed.
    • 29 investors on this round.
  2. Seed$1.5M2016-10-20
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  3. Seed$400K2018-04-18
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~16mo cadence
$400K
Modeled next size est.range $400K$640K
0.3×
Last step-up
$1.8M/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
Chad Robins4 other2015-07
George White2 other2015-07
Joe Mahoney2015-07
Sailesh Katara2015-07
Steven Muench2015-07
Registry & provenance

Pavia Systems, 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
1649140
SEC CIK
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
Apollo Information Systems Corp.Software / TechSeed$5.0M$10.5Msame sector · same stage
Atbash Labs, Inc.Software / TechSeed$5.0M$13.9Msame sector · same stage
Wookey Technologies CorpSoftware / TechSeed$4.7M$17.3Msame sector · same stage
Journey Systems, Inc.Software / TechSeed$4.7M$17.0Msame sector · same stage
Armory Technologies, Inc.Software / TechSeed$5.1M$10.8Msame sector · same stage
CertaScan Technologies LLCSoftware / TechSeed$5.1M$13.3Msame sector · same stage
Ad Astra Integrity Measurement Systems, Inc.Software / TechSeed$5.1M$14.5Msame sector · same stage
Levr Labs IncSoftware / TechSeed$5.2M$10.2Msame 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
Pagaya Technologies Ltd.Software / TechGrowth/Late$1.3B85%
PAX Labs, Inc.Software / TechGrowth/Late$14.5B85%
Paxos Labs Inc.Software / TechSeries A$31.5M83%
Plena Data Inc.Software / TechSeries A$175.5M83%
Pinata Technologies, Inc.Software / TechSeries B$272.1M82%
Platina Systems CorpSoftware / TechPre-Seed$8.5M82%
Pagos Solutions, Inc.Other TechnologySeries B$423.2M82%
RIIICO Technologies Inc.Software / TechSeed$11.1M82%
Frequently asked
How much funding has Pavia Systems, Inc. raised?
Pavia Systems, Inc. has raised approximately $4.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Pavia Systems, Inc.'s estimated valuation?
Provath's modeled valuation for Pavia Systems, Inc. is approximately $13.6M (modeled range $353K–$106.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pavia Systems, Inc. at?
Pavia Systems, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Apr 18.
What does Pavia Systems, Inc. do and where is it based?
Pavia Systems, Inc. operates in the Software / Tech sector, based in SEATTLE.
Explore related

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

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