Companies · Other

Pinterest, Inc.

SAN FRANCISCO · Other · https://www.pinterest.com/

Diligence memoA one-page analyst read on Pinterest, Inc. — recommendation, valuation, rhythm, risks.
$1.2B
Total raised · real
7
Rounds
0.4×
Latest step-up
Top 1%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Jun 02 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Pinterest, Inc. looks fair 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.

Fair
  • Modeled value is 1.03× the median modeled value of Series D+ Other companies in 2016–2018 (88 peers) — value vs value, same stage and era.
  • Within the normal band (103% of peer median) for its niche.
Dormant
  • Last raise 9.1 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

Pinterest, Inc. is one of 25008 Other companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 100% 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.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Discover recipes, home ideas, style inspiration and other ideas to try.

Discover recipes, home ideas, style inspiration and other ideas to try.

Find Pinterest online

Trades publicly as Pinterest.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2017-06-02
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$2.5B$5.0B$7.5B$10.0BPre-Seed · 2010-11-18 Raised $700K (real) Modeled valuation $16M (est)Pre-Seed2010Series C · 2012-05-16 Raised $100M (real) Modeled valuation $1.7B (est)Series C2012Series D+ · 2013-02-20 Raised $200M (real) Modeled valuation $3.5B (est)Series D+2013Series D+ · 2013-10-23 Raised $225M (real) Modeled valuation $3.9B (est)Series D+2013Series D+ · 2014-05-15 Raised $160M (real) Modeled valuation $2.8B (est)Series D+2014Series D+ · 2015-02-27 Raised $367M (real) Modeled valuation $6.3B (est)Series D+2015Series D+ · 2017-06-02 Raised $130M (real) Modeled valuation $2.2B (est)Series D+2017+$100M+$200M+$225M+$160M+$367M+$130MCumulative $1.2B

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$700K · 2010
Series C$100.0M · 2012no Seed / Series A / Series B on file
Series D+$200.0M · 2013
Series D+ extension$225.0M · 2013
Series D+ extension$160.0M · 2014
Series D+ extension$367.1M · 2015
Series D+ extension$130.0M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A, Series B — 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
$2.2B
Base estimate est.
$736.7M
Conservative case
$4.9B
Upside case
$1.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $16.2M · 2010-11-182010Series C · modeled $1.7B · 2012-05-16Series D+ · modeled $3.5B · 2013-02-20Series D+ · modeled $3.9B · 2013-10-23Series D+ · modeled $2.8B · 2014-05-15Series D+ · modeled $6.3B · 2015-02-27Series D+ · modeled $2.2B · 2017-06-022017
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
9.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$180.9M/yr
Capital velocity
15.6 yr
On record since
2010
First round
7
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 578× above median
This company$1.2B
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.0× above median
This company$130.0M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 127× above median
This company$2.2B
Sector median$17.7M

Raised more than 100% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #42 of 88.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0B$10.0BCapital raised (log)BIB Merchant Voucher Receivables Ltd · Series D+ Raised $750.0M · modeled $6.9B (est)Beacon Roofing Supply Inc · Series D+ Raised $696.1M · modeled $6.9B (est)Marlin9 Holdings, Inc. · Series D+ Raised $389.5M · modeled $6.7B (est)Crackle Holdings, L.P. · Series D+ Raised $387.2M · modeled $6.7B (est)Optimize Topco, Inc. · Series D+ Raised $372.0M · modeled $6.4B (est)Transportation Insight Topco, L.P. · Series D+ Raised $369.9M · modeled $6.4B (est)PT Holdings, LLC · Series D+ Raised $358.1M · modeled $6.2B (est)Blue Star Parent, L.P. · Series D+ Raised $326.2M · modeled $5.6B (est)Elo Investors, L.P. · Series D+ Raised $317.4M · modeled $5.5B (est)Alera Group Holdings, Inc. · Series D+ Raised $282.5M · modeled $4.9B (est)Panda Holdco Llc · Series D+ Raised $281.1M · modeled $4.9B (est)Millennium Park Topco, LLC · Series D+ Raised $604.4M · modeled $4.4B (est)Pinterest, Inc. (this company) Raised $1.2B · modeled $2.2B (est)Pinterest, Inc.
CompanyStageRaised · realValue · estvs peer med.
BIB Merchant Voucher Receivables LtdSeries D+$750.0M$6.9B3.18×
Beacon Roofing Supply IncSeries D+$696.1M$6.9B3.18×
Marlin9 Holdings, Inc.Series D+$389.5M$6.7B3.09×
Crackle Holdings, L.P.Series D+$387.2M$6.7B3.07×
Optimize Topco, Inc.Series D+$372.0M$6.4B2.95×
Transportation Insight Topco, L.P.Series D+$369.9M$6.4B2.94×
PT Holdings, LLCSeries D+$358.1M$6.2B2.84×
Blue Star Parent, L.P.Series D+$326.2M$5.6B2.59×
Elo Investors, L.P.Series D+$317.4M$5.5B2.52×
Alera Group Holdings, Inc.Series D+$282.5M$4.9B2.24×
Panda Holdco LlcSeries D+$281.1M$4.9B2.23×
Millennium Park Topco, LLCSeries D+$604.4M$4.4B2.04×
Pinterest, Inc. this companySeries D+$1.2B$2.2B1.03×
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.
Pre-Seed$700K2010-11-18$3.9M$16.2M85%
Series C$100.0M2012-05-16$666.7M$1.7B85%
Series D+$200.0M2013-02-20$1.7B$3.5B85%
Series D+$225.0M2013-10-23$1.9B$3.9B85%
Series D+$160.0M2014-05-15$1.3B$2.8B85%
Series D+$367.1M2015-02-27$3.1B$6.3B85%
Series D+$130.0M2017-06-02$1.1B$2.2B90%
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$700K2010-11-18
    • First recorded raise — entered as Pre-Seed.
    • 6 investors on this round.
  2. Series C$100.0M2012-05-16
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 142.9× larger than the prior — scaling up.
    • 17 investors on this round.
  3. Series D+$200.0M2013-02-20
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 8 investors on this round.
  4. Series D+$225.0M2013-10-23
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 11 investors on this round.
  5. Series D+$160.0M2014-05-15
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 15 investors on this round.
  6. Series D+$367.1M2015-02-27
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 15 investors on this round.
  7. Series D+$130.0M2017-06-02
    • Raised again after 27 mo — slower than the ~11 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2018 ~Q3
Modeled next raise · ~13mo cadence
$130.0M
Modeled next size est.range $130.0M$208.0M
0.4×
Last step-up
$180.9M/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
Jeff Jordan11 other2012-05
Jeremy Levine11 other2012-05
Paul Sciarra2 other2010-11
Benjamin Silbermann1 other2012-05
Evan Sharp1 other2013-10
Michelle Wilson1 other2017-06
Ben Silbermann2010-11
Christine Flores2017-06
Mike Yang2013-02
Natalie Fair2013-02
Todd Morgenfeld2017-06
Registry & provenance

Pinterest, 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
1506293
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
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Skims Body, Inc.OtherSeries D+$623.6M$2.0Bsame sector · same stage
Phantom Parent, LPOtherSeries D+$585.5M$2.5Bsame sector · same stage
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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
Teach Me To Inc.OtherSeed$7.7M68%
Discover Resources Inc.OtherSeries A$95.9M67%
Articles of Style LLCOtherSeed$2.3M67%
Find Your Influence, Inc.OtherPre-Seed$9.2M67%
Wait What Inc.OtherSeries A$141.4M66%
Inspire More, LLCOtherPre-Seed$19.6M66%
FOODOLOGY Inc.OtherSeries B$231.4M66%
Inspired Beauty Stories Inc.Consumer / RetailSeed$11.1M66%
Frequently asked
How much funding has Pinterest, Inc. raised?
Pinterest, Inc. has raised approximately $1.2B in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Pinterest, Inc.'s estimated valuation?
Provath's modeled valuation for Pinterest, Inc. is approximately $2.2B (modeled range $736.7M–$4.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pinterest, Inc. at?
Pinterest, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Jun 02.
What does Pinterest, Inc. do and where is it based?
Pinterest, Inc. operates in the Other sector, based in SAN FRANCISCO. Discover recipes, home ideas, style inspiration and other ideas to try.
Explore related

See where Pinterest, 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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