Companies · Other

PiKNiK & Company, Inc.

LA JOLLA · Other

Diligence memoA one-page analyst read on PiKNiK & Company, Inc. — recommendation, valuation, rhythm, risks.
$3.5M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Thu Feb 03 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

PiKNiK & Company, Inc. looks over-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.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.72× the median modeled value of Seed Other companies in 2022–2024 (1231 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.4 yr ago; this sector typically re-raises about every 11 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 Other

PiKNiK & Company, Inc. is one of 25015 Other companies tracked from LA JOLLA. By capital raised it ranks mid-pack (ahead of 60% of sector peers), and mid-pack 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
4
Investors (latest)
2021
Year incorporated
2022-02-03
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$13M$25M$38M$50MPre-Seed · 2021-06-18 Raised $562K (real) Modeled valuation $8.5M (est)$562K$8.5MPre-Seed2021Seed · 2022-02-03 Raised $3.0M (real) Modeled valuation $31M (est)$3.0M$31MSeed2022Seed · 2022-02-03 Raised $1.7M (real) Modeled valuation $17M (est)$1.7M$17MSeed2022Pre-Seed · 2022-02-03 Raised $550K (real) Modeled valuation $6.3M (est)$550K$6.3MPre-Seed2022+$3.0M+$1.7M+$550KCumulative $5.8M

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
Pre-Seed$562K · 2021
Seed$3.0M · 2022
Seed extension$1.7M · 2022
Bridge · Seed-stage$550K · 2022smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$30.7M
Base estimate est.
$2.7M
Conservative case
$156.4M
Upside case
$14.9M
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. Directional, not a quoted figure.

Pre-Seed · modeled $8.5M · 2021-06-182021Seed · modeled $30.7M · 2022-02-03Seed · modeled $17.3M · 2022-02-03Pre-Seed · modeled $6.3M · 2022-02-032022
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
4.4 yr
Elapsed time used
4.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$5.6M/yr
Capital velocity
5.0 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 1.7× above median
This company$3.5M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$550K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$30.7M
Sector median$17.7M

Raised more than 60% of sector peers (real $). Modeled value above 63% 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 #49 of 1,231.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Dropee Inc. · Seed Raised $3.9M · modeled $40.7M (est)NFH Northern Project Development, LLC · Seed Raised $4.0M · modeled $40.7M (est)FactorFund-Note-2022 LLC · Seed Raised $4.0M · modeled $40.1M (est)Immersion Elements LLC · Seed Raised $3.8M · modeled $40.0M (est)Possip, Inc. · Seed Raised $5.8M · modeled $39.7M (est)Porch Group, Inc. · Seed Raised $6.0M · modeled $38.8M (est)Rootwurks, Inc. · Seed Raised $3.9M · modeled $38.7M (est)Cordelia Capital Holdings Inc. · Seed Raised $3.9M · modeled $38.4M (est)99 Counties, Inc. · Seed Raised $3.7M · modeled $38.1M (est)2910 Richmond Hill 1 LLC · Seed Raised $3.8M · modeled $37.5M (est)BH Polycor Holding Inc. · Seed Raised $3.9M · modeled $37.0M (est)FitJoy, Inc. · Seed Raised $3.7M · modeled $36.9M (est)PiKNiK & Company, Inc. (this company) Raised $3.5M · modeled $30.7M (est)PiKNiK & Company, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dropee Inc.Seed$3.9M$40.7M3.61×
NFH Northern Project Development, LLCSeed$4.0M$40.7M3.61×
FactorFund-Note-2022 LLCSeed$4.0M$40.1M3.56×
Immersion Elements LLCSeed$3.8M$40.0M3.55×
Possip, Inc.Seed$5.8M$39.7M3.52×
Porch Group, Inc.Seed$6.0M$38.8M3.45×
Rootwurks, Inc.Seed$3.9M$38.7M3.44×
Cordelia Capital Holdings Inc.Seed$3.9M$38.4M3.41×
99 Counties, Inc.Seed$3.7M$38.1M3.38×
2910 Richmond Hill 1 LLCSeed$3.8M$37.5M3.33×
BH Polycor Holding Inc.Seed$3.9M$37.0M3.28×
FitJoy, Inc.Seed$3.7M$36.9M3.28×
PiKNiK & Company, Inc. this companySeed$3.5M$30.7M2.72×
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.
Pre-Seed$562K2021-06-18$3.1M$8.5M90%
Seed$3.0M2022-02-03$14.9M$30.7M90%
Seed$1.7M2022-02-03$8.4M$17.3M90%
Pre-Seed$550K2022-02-03$3.1M$6.3M90%
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. Pre-Seed$562K2021-06-18
    • First recorded raise — entered as Pre-Seed.
    • 18 investors on this round.
  2. Seed$3.0M2022-02-03
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 5.3× larger than the prior — scaling up.
    • 7 investors on this round.
  3. Seed$1.7M2022-02-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  4. Pre-Seed$550K2022-02-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~3mo cadence
$550K
Modeled next size est.range $550K$880K
0.3×
Last step-up
$5.6M/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
Kevin Huynh1 other2021-06
Registry & provenance

PiKNiK & Company, 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
1883659
SEC CIK
2021
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
EEP Capital LLCOtherSeed$3.5M$30.3Msame sector · same stage
Contender Capital LLCOtherSeed$3.5M$32.0Msame sector · same stage
Nanotronics Imaging, LLCOtherSeed$3.5M$30.2Msame sector · same stage
Free From Marketplace, Inc.OtherSeed$3.5M$29.5Msame sector · same stage
Teardown Funding #1, LLCOtherSeed$3.6M$31.8Msame sector · same stage
Autorex IncOtherSeed$3.5M$30.2Msame sector · same stage
Sophias Presidents Club LLCOtherSeed$3.5M$30.5Msame sector · same stage
Looped Broadway Ltd Liability CoOtherSeed$3.6M$29.7Msame 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
PiKNiK & CoOtherPre-Seed$16.8M96%
PIL Holdings, Inc.OtherSeries C$9.8M86%
Palanuk & Associates IncOtherPre-Seed$8.1M86%
PII Acquisition Corp.OtherPre-Seed$5.2M84%
Catan Pisco & Company, LLCOtherPre-Seed$2.3M84%
RDKL Holdings LLCOtherPre-Seed$3.5M84%
PIKL, Inc.Other TechnologySeries A$29.9M83%
Marco Group Holdings, LLCOtherSeries C$231.9M83%
Frequently asked
How much funding has PiKNiK & Company, Inc. raised?
PiKNiK & Company, Inc. has raised approximately $3.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PiKNiK & Company, Inc.'s estimated valuation?
Provath's modeled valuation for PiKNiK & Company, Inc. is approximately $30.7M (modeled range $2.7M–$156.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PiKNiK & Company, Inc. at?
PiKNiK & Company, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Feb 03.
What does PiKNiK & Company, Inc. do and where is it based?
PiKNiK & Company, Inc. operates in the Other sector, based in LA JOLLA.
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