Companies · Software / Tech
BELLEVUE · Software / Tech · refined from filed group “Other Technology”
Diligence memoA one-page analyst read on Pen Technology Inc. — recommendation, valuation, rhythm, risks.→Pen Technology Inc. looks fair against its niche peers and is quiet 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.
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.
Pen Technology Inc. is one of 3920 Software / Tech companies tracked from BELLEVUE. By capital raised it ranks among the largest (ahead of 95% of sector peers), and among the largest 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.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.
Round size and date are reported; the stage label is inferred from round size (latest is Series C — a $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.
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.
Raised more than 95% of sector peers (real $). Modeled value above 93% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #25 of 55.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Pinecone Systems, Inc. | Series C | $128.2M | $1.4B | 2.12× |
| Hydration Labs, Inc. | Series C | $135.0M | $1.3B | 1.99× |
| SiMa Technologies, Inc. | Series C | $167.8M | $1.2B | 1.96× |
| Atlas Technology Solutions Inc. | Series C | $95.0M | $1.2B | 1.89× |
| Pascaline Systems, Inc. | Series C | $106.0M | $1.2B | 1.83× |
| Innovative Data Processing Solutions LLC | Series C | $60.0M | $1.2B | 1.82× |
| Dura Software, Inc. | Series C | $101.1M | $1.1B | 1.78× |
| Voyager Digital Ltd. | Series C | $145.4M | $1.1B | 1.67× |
| Workstream Technologies, Inc. | Series C | $107.9M | $1.0B | 1.60× |
| Parry Labs Holdings, LLC | Series C | $90.7M | $994.2M | 1.56× |
| Mobix Labs, Inc | Series C | $100.0M | $989.2M | 1.55× |
| Databook Labs, Inc. | Series C | $71.4M | $968.1M | 1.52× |
| Pen Technology Inc. this company | Series C | $102.0M | $700.5M | 1.10× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series B | $25.0M | 2023-09-15 | $138.9M | $246.9M | 90% |
| Series C | $76.9M | 2024-08-01 | $513.0M | $700.5M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Ben Sternberg | — | 2 other | 2023-09 |
| Jason Levy | — | 2 other | 2023-09 |
| Yi Sun | — | 1 other | 2023-09 |
| Seung Yoon Lee | — | — | 2024-08 |
Pen Technology 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.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Exa Labs Inc. | Software / Tech | Series C | $102.0M | $540.8M | same sector · same stage |
| Upway Technologies, Inc. | Software / Tech | Series C | $102.3M | $288.0M | same sector · same stage |
| Cicero Technologies, Inc. | Software / Tech | Series C | $103.0M | $473.1M | same sector · same stage |
| Cord Technologies, Inc. | Software / Tech | Series C | $100.6M | $309.4M | same sector · same stage |
| Digital LinkBridge CO | Software / Tech | Series C | $100.0M | $621.4M | same sector · same stage |
| Mobix Labs, Inc | Software / Tech | Series C | $100.0M | $989.2M | same sector · same stage |
| Parler Technologies, Inc. | Software / Tech | Series C | $100.0M | $611.2M | same sector · same stage |
| Touareg Group Technologies Co. | Software / Tech | Series C | $100.0M | $607.7M | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Pen Technology Pte. Ltd. | Software / Tech | Series A | $128.1M | 95% |
| Pensa Systems, Inc. | Software / Tech | Series A | $91.4M | 92% |
| Parker Technology LLC | Software / Tech | Seed | $29.9M | 87% |
| Penumbra Labs Inc. | Software / Tech | Seed | $55.0M | 85% |
| Pendo.io, Inc. | Software / Tech | Series D+ | $111.7M | 85% |
| Inky Technology Corp | Software / Tech | Series B | $609.1M | 85% |
| Inkling Systems, Inc. | Software / Tech | Series B | $761.4M | 85% |
| Living Ink Technologies, Inc. | Software / Tech | Series A | $20.6M | 84% |
See where Pen Technology 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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