Companies · Other

PlanGrid, Inc.Winter 2012Acquired

SAN FRANCISCO · CA, USA · Other · founded 2011 · http://plangrid.com

Diligence memoA one-page analyst read on PlanGrid, Inc. — recommendation, valuation, rhythm, risks.
$46.9M
Total raised · real
2
Rounds
0.2×
Latest step-up
Top 9%
Sector rank · raised
Series B
Latest stage · inferred · Tue Sep 12 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

PlanGrid, 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.

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 0.34× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.8 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

PlanGrid, Inc. is one of 25008 Other companies tracked from SAN FRANCISCO, CA, USA, on record since 2011. By capital raised it ranks among the largest (ahead of 92% of sector peers), and in the upper tier 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

Mobile applications for the construction industry.

PlanGrid is the leader in construction productivity software, used on more than one million projects in 84 countries. PlanGrid's cloud-based platform empowers contractors and owners in commercial, heavy civil, and other industries to collaborate easily from their mobile devices and desktop, managing blueprints, specs, photos, RFIs, field reports, and punch lists. With over 100 million digital blueprints on its platform, PlanGrid is also the largest digital blueprint repository in the world. Founded in 2011, the company was part of Y Combinator in 2012, and has secured over $69 million in funding from Sequoia Capital, Tenaya Capital and several other top firms.

Find PlanGrid, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2
Investors (latest)
2017-09-12
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$250M$500M$750M$1.0BSeries B · 2015-11-02 Raised $40M (real) Modeled valuation $665M (est)$40M$665MSeries B2015Series B · 2017-09-12 Raised $6.9M (real) Modeled valuation $114M (est)$6.9M$114MSeries B2017+$6.9MCumulative $47M

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 B$40.0M · 2015
Series B extension$6.9M · 2017

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: 25%.

Modeled valuation trajectory
$114.2M
Base estimate est.
$17.2M
Conservative case
$439.6M
Upside case
$38.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $664.6M · 2015-11-022015Series B · modeled $114.2M · 2017-09-122017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$25.2M/yr
Capital velocity
10.7 yr
On record since
2015
First round
2
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) 23× above median
This company$46.9M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.4× of median
This company$6.9M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 6.5× above median
This company$114.2M
Sector median$17.7M

Raised more than 92% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #241 of 298.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)EIP Investment Holdings, LLC · Series B Raised $40.0M · modeled $664.6M (est)HD MSouth Holdings, LLC · Series B Raised $39.7M · modeled $659.3M (est)Aston Holding Corp. · Series B Raised $39.6M · modeled $658.7M (est)AirClean Holdings, Inc. · Series B Raised $39.6M · modeled $658.2M (est)Westminster Virginia LP · Series B Raised $39.6M · modeled $657.9M (est)NextGen CCM, LLC · Series B Raised $39.5M · modeled $656.3M (est)Juvo Mobile Inc. · Series B Raised $44.4M · modeled $649.6M (est)Swordfish Holdings, L.P. · Series B Raised $58.7M · modeled $641.7M (est)Nexcore Holdings, LLC · Series B Raised $48.5M · modeled $637.1M (est)Champion Parent Corp · Series B Raised $37.7M · modeled $627.2M (est)ADT Investment LLC · Series B Raised $37.5M · modeled $623.2M (est)Marolina Outdoor Inc · Series B Raised $47.1M · modeled $623.1M (est)PlanGrid, Inc. (this company) Raised $46.9M · modeled $114.2M (est)PlanGrid, Inc.
CompanyStageRaised · realValue · estvs peer med.
EIP Investment Holdings, LLCSeries B$40.0M$664.6M2.00×
HD MSouth Holdings, LLCSeries B$39.7M$659.3M1.98×
Aston Holding Corp.Series B$39.6M$658.7M1.98×
AirClean Holdings, Inc.Series B$39.6M$658.2M1.98×
Westminster Virginia LPSeries B$39.6M$657.9M1.98×
NextGen CCM, LLCSeries B$39.5M$656.3M1.97×
Juvo Mobile Inc.Series B$44.4M$649.6M1.95×
Swordfish Holdings, L.P.Series B$58.7M$641.7M1.93×
Nexcore Holdings, LLCSeries B$48.5M$637.1M1.92×
Champion Parent CorpSeries B$37.7M$627.2M1.89×
ADT Investment LLCSeries B$37.5M$623.2M1.88×
Marolina Outdoor IncSeries B$47.1M$623.1M1.87×
PlanGrid, Inc. this companySeries B$46.9M$114.2M0.34×
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 B$40.0M2015-11-02$222.2M$664.6M85%
Series B$6.9M2017-09-12$38.2M$114.2M90%
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 B$40.0M2015-11-02
    • First recorded raise — entered as Series B.
    • 8 investors on this round.
  2. Series B$6.9M2017-09-12
    • Raised again after 22 mo — slower than the ~11 mo sector norm.
    • Round 5.8× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~22mo cadence
$6.9M
Modeled next size est.range $6.9M$11.0M
0.2×
Last step-up
$25.2M/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
Douglas Leone8 other2017-09
Ben Boyer5 other2015-11
George Hu3 other2015-11
Benjamin Boyer2 other2017-09
Doug Leone2 other2015-11
Carol Bartz2017-09
Kenny Stone2015-11
Michael Galvin2017-09
Ralph Gootee2015-11
Ryan Sutton-Gee2015-11
Tracy Young2015-11
Registry & provenance

PlanGrid, 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
1657871
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
Alion, Inc.OtherSeries B$30.1M$83.1Mnetwork1 shared operator · same sector · same stage
Komaza Group Inc.OtherSeries B$47.6M$115.5Msame sector · same stage
CloudLock, Inc.OtherSeries B$49.0M$111.3Msame sector · same stage
Unidine Corp.OtherSeries B$44.9M$122.1Msame sector · same stage
CyMedica Orthopedics, Inc.OtherSeries B$50.0M$108.8Msame sector · same stage
Victoria Gold CorpOtherSeries B$51.0M$119.2Msame sector · same stage
MatrixSpace, Inc.OtherSeries B$56.9M$112.7Msame sector · same stage
Novoloop, Inc.OtherSeries B$38.1M$106.2Msame 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
PLAN0 AI
Construction Cost Intelligence.
AI / ML75%
AtlasGrid
Accelerate Product Iteration
AI / ML75%
Foreman
Keeping contractors on the job site, not behind a desk.
AI / ML74%
DigiBuild
We buy & track building materials for construction companies.
SaaS / Software74%
PillarPlus
Software to automatically create construction blueprints
73%
Datagrid Systems, Inc.Software / TechSeries A$135.4M73%
Helonic
Automatic Construction Drawing Clash Detection
72%
Mach9, LLC
AI-native CAD software for civil engineering
RoboticsSeries A$86.0M72%
Frequently asked
How much funding has PlanGrid, Inc. raised?
PlanGrid, Inc. has raised approximately $46.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PlanGrid, Inc.'s estimated valuation?
Provath's modeled valuation for PlanGrid, Inc. is approximately $114.2M (modeled range $17.2M–$439.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PlanGrid, Inc. at?
PlanGrid, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Sep 12.
What does PlanGrid, Inc. do and where is it based?
PlanGrid, Inc. operates in the Other sector, based in SAN FRANCISCO, CA, USA. Mobile applications for the construction industry.
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