Companies · Other Technology

Pi Squared Inc. / DE

CHAMPAIGN · Other Technology

Diligence memoA one-page analyst read on Pi Squared Inc. / DE — recommendation, valuation, rhythm, risks.
$15.2M
Total raised · real
2
Rounds
0.0×
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Tue Apr 22 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Pi Squared Inc. / DE looks under-valued against its niche peers and is active 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 0.03× the median modeled value of Series A Other Technology companies in 2025–2027 (567 peers) — value vs value, same stage and era.
Active
  • Last raise 14 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Other Technology

Pi Squared Inc. / DE is one of 21292 Other Technology companies tracked from CHAMPAIGN. By capital raised it ranks in the upper tier (ahead of 80% 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
3
Investors (latest)
2023
Year incorporated
2025-04-22
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$25M$50M$75M$100MSeries A · 2024-05-08 Raised $15M (real) Modeled valuation $88M (est)$15M$88MSeries A2024Series A · 2025-04-22 Raised $150K (real) Modeled valuation $595K (est)$150K$595KSeries A2025+$150KCumulative $15M

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
Series A$15.0M · 2024
Series A extension$150K · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$595K
Base estimate est.
$200K
Conservative case
$1.1M
Upside case
$682K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $87.6M · 2024-05-082024Series A · modeled $595K · 2025-04-222025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
1.2 yr
Elapsed time used
1.2 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$15.9M/yr
Capital velocity
2.1 yr
On record since
2024
First round
2
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 4.8× above median
This company$15.2M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$150K
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$595K
Sector median$37.3M

Raised more than 80% of sector peers (real $). Modeled value above 1% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #562 of 567.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$10.0M$100.0MCapital raised (log)Beaconcure Inc. · Series A Raised $26.9M · modeled $67.1M (est)Edera, Inc. / DE · Series A Raised $20.0M · modeled $65.7M (est)Clarify Inc./DE · Series A Raised $15.0M · modeled $65.4M (est)Palla Financial Inc. · Series A Raised $14.5M · modeled $59.8M (est)eWellbore, LLC · Series A Raised $15.0M · modeled $59.8M (est)OneCarNow Holdings Ltd · Series A Raised $13.5M · modeled $57.8M (est)Diode, Inc. · Series A Raised $14.5M · modeled $57.8M (est)Clearing Co of San Francisco, Inc. · Series A Raised $15.0M · modeled $57.7M (est)Phase Four, Inc. · Series A Raised $23.1M · modeled $57.6M (est)Popid, Inc · Series A Raised $18.5M · modeled $56.9M (est)Mote, Inc. · Series A Raised $13.1M · modeled $56.8M (est)Chloris Geospatial Inc. · Series A Raised $17.3M · modeled $56.6M (est)Pi Squared Inc. / DE (this company) Raised $15.2M · modeled $595K (est)Pi Squared Inc. / DE
CompanyStageRaised · realValue · estvs peer med.
Beaconcure Inc.Series A$26.9M$67.1M3.23×
Edera, Inc. / DESeries A$20.0M$65.7M3.16×
Clarify Inc./DESeries A$15.0M$65.4M3.15×
Palla Financial Inc.Series A$14.5M$59.8M2.88×
eWellbore, LLCSeries A$15.0M$59.8M2.88×
OneCarNow Holdings LtdSeries A$13.5M$57.8M2.78×
Diode, Inc.Series A$14.5M$57.8M2.78×
Clearing Co of San Francisco, Inc.Series A$15.0M$57.7M2.78×
Phase Four, Inc.Series A$23.1M$57.6M2.77×
Popid, IncSeries A$18.5M$56.9M2.74×
Mote, Inc.Series A$13.1M$56.8M2.74×
Chloris Geospatial Inc.Series A$17.3M$56.6M2.72×
Pi Squared Inc. / DE this companySeries A$15.2M$595K0.03×
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.
Series A$15.0M2024-05-08$68.2M$87.6M90%
Series A$150K2025-04-22$682K$595K90%
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. Series A$15.0M2024-05-08
    • First recorded raise — entered as Series A.
  2. Series A$150K2025-04-22
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 100.0× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~11mo cadence
$150K
Modeled next size est.range $150K$240K
0.0×
Last step-up
$15.9M/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
Grigore Rosu1 other2024-05
Patrick MacKay1 other2024-05
Registry & provenance

Pi Squared Inc. / DE 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
2022454
SEC CIK
2023
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
Runtime Verification, Inc.Other TechnologySeries A$5.3M$99.8Mnetwork2 shared operators · same sector · same stage
GenoPalate, Inc.Other TechnologySeries A$15.4M$717Ksame sector · same stage
Chromatic 3D Materials Inc.Other TechnologySeries A$15.7M$687Ksame sector · same stage
Aidium, Inc.Other TechnologySeries A$16.2M$606Ksame sector · same stage
Exum Instruments, Inc.Other TechnologySeries A$13.7M$366Ksame sector · same stage
Ecto, Inc.Other TechnologySeries A$16.9M$613Ksame sector · same stage
SitePro, Inc.Other TechnologySeries A$12.4M$799Ksame sector · same stage
cohesionIB, Inc.Other TechnologySeries A$21.7M$781Ksame 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
Pi Inc.Other TechnologySeries A$330.5M90%
Managed Squared, Inc. / DEOther TechnologySeed$110.7M89%
PiLogic Inc.Other TechnologySeries A$16.5M87%
Square, Inc.Other TechnologySeries D+$273.5M87%
Field Squared, Inc.Other TechnologySeed$18.7M86%
Pixilated LlcOther TechnologyPre-Seed$8.5M86%
2Pi Inc.Other TechnologySeries A$38.7M85%
Pixspan, Inc.Other TechnologySeed$53.2M85%
Frequently asked
How much funding has Pi Squared Inc. / DE raised?
Pi Squared Inc. / DE has raised approximately $15.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Pi Squared Inc. / DE's estimated valuation?
Provath's modeled valuation for Pi Squared Inc. / DE is approximately $595K (modeled range $200K–$1.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pi Squared Inc. / DE at?
Pi Squared Inc. / DE's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Apr 22.
What does Pi Squared Inc. / DE do and where is it based?
Pi Squared Inc. / DE operates in the Other Technology sector, based in CHAMPAIGN.
Explore related

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