Companies · Other

PolarX Ltd

SUBIACO · Other

Diligence memoA one-page analyst read on PolarX Ltd — recommendation, valuation, rhythm, risks.
$1.1M
Total raised · real
2
Rounds
0.8×
Latest step-up
Top 63%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Aug 02 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

PolarX Ltd 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 1.40× the median modeled value of Pre-Seed Other companies in 2016–2018 (1548 peers) — value vs value, same stage and era.
  • Within the normal band (140% of peer median) for its niche.
Dormant
  • Last raise 7.9 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

PolarX Ltd is one of 25008 Other companies tracked from SUBIACO. By capital raised it ranks in the long tail (ahead of 38% 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
6
Investors (latest)
2016
Year incorporated
2018-08-02
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$5.0M$10M$15M$20MPre-Seed · 2018-05-16 Raised $600K (real) Modeled valuation $14M (est)$600K$14MPre-Seed2018Pre-Seed · 2018-08-02 Raised $490K (real) Modeled valuation $11M (est)$490K$11MPre-Seed2018+$490KCumulative $1.1M

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$600K · 2018
Pre-Seed extension$490K · 2018

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

Modeled valuation trajectory
$11.3M
Base estimate est.
$327K
Conservative case
$128.4M
Upside case
$2.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $13.9M · 2018-05-162018Pre-Seed · modeled $11.3M · 2018-08-022018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
7.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
Capital velocity
8.1 yr
On record since
2018
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) 0.5× of median
This company$1.1M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.4× above median
This company$490K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$11.3M
Sector median$17.7M

Raised more than 38% of sector peers (real $). Modeled value above 40% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #589 of 1,548.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Unhinged, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Green Bugatti Musical Development Ltd Liability Co · Pre-Seed Raised $1.0M · modeled $23.1M (est)SharkDreams, LLC · Pre-Seed Raised $2.9M · modeled $23.1M (est)Jilz Snackerz LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Money to Play, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Gratitude Traders, LLC · Pre-Seed Raised $1.1M · modeled $23.1M (est)Juice Jewce, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)BrandSpins, LLC · Pre-Seed Raised $1.5M · modeled $23.1M (est)Volatile Analysis Corp · Pre-Seed Raised $1.0M · modeled $23.1M (est)Rugby Channel, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)SurpriseRide, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Lightning Technologies Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)PolarX Ltd (this company) Raised $1.1M · modeled $11.3M (est)PolarX Ltd
CompanyStageRaised · realValue · estvs peer med.
Unhinged, LLCPre-Seed$1.0M$23.1M2.86×
Green Bugatti Musical Development Ltd Liability CoPre-Seed$1.0M$23.1M2.86×
SharkDreams, LLCPre-Seed$2.9M$23.1M2.86×
Jilz Snackerz LLCPre-Seed$1.0M$23.1M2.86×
Money to Play, Inc.Pre-Seed$1.0M$23.1M2.86×
Gratitude Traders, LLCPre-Seed$1.1M$23.1M2.86×
Juice Jewce, LLCPre-Seed$1.0M$23.1M2.86×
BrandSpins, LLCPre-Seed$1.5M$23.1M2.86×
Volatile Analysis CorpPre-Seed$1.0M$23.1M2.86×
Rugby Channel, LLCPre-Seed$1.0M$23.1M2.86×
SurpriseRide, Inc.Pre-Seed$1.0M$23.1M2.86×
Lightning Technologies LlcPre-Seed$1.0M$23.1M2.86×
PolarX Ltd this companyPre-Seed$1.1M$11.3M1.40×
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$600K2018-05-16$3.3M$13.9M90%
Pre-Seed$490K2018-08-02$2.7M$11.3M90%
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$600K2018-05-16
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$490K2018-08-02
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~3mo cadence
$490K
Modeled next size est.range $490K$784K
0.8×
Last step-up
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
Charles Frazer Tabeart2018-05
Ian Frazer Cunningham2018-05
Jason Frazer Berton2018-05
Mark Frazer Bojanjac2018-05
Mark Trevor Bojanjac2018-08
Robert Frazer Boaz2018-05
Robert Trevor Boaz2018-08
Registry & provenance

PolarX Ltd 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
1740433
SEC CIK
2016
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
Divine Chocolate IncOtherPre-Seed$1.1M$11.5Msame sector · same stage
Attain LLCOtherPre-Seed$1.1M$11.6Msame sector · same stage
Reven Housing REIT, Inc.OtherPre-Seed$1.1M$11.6Msame sector · same stage
Cocoa CorpOtherPre-Seed$1.1M$11.6Msame sector · same stage
Napa Valley 3D, LLCOtherPre-Seed$1.0M$11.6Msame sector · same stage
Notiphy CorpOtherPre-Seed$1.0M$11.6Msame sector · same stage
Stratasan, LLCOtherPre-Seed$1.2M$11.1Msame sector · same stage
League Network PBCOtherPre-Seed$1.0M$11.6Msame 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
Polaris TX1, LLCOtherSeed$59.0M85%
Polaris TX12, LLCOtherSeries A$80.5M85%
Polaris Electro-Optics, Inc.Other TechnologySeries A$39.4M85%
Polaris TX11, LLCOtherSeed$48.8M84%
Polaris KS15, LLCOtherSeries A$64.2M84%
EVx International Inc.OtherSeed$35.8M84%
Polaris TX10, LLCOtherSeries A$98.4M84%
Polar Signals Inc.OtherSeries A$35.7M84%
Frequently asked
How much funding has PolarX Ltd raised?
PolarX Ltd has raised approximately $1.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PolarX Ltd's estimated valuation?
Provath's modeled valuation for PolarX Ltd is approximately $11.3M (modeled range $327K–$128.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PolarX Ltd at?
PolarX Ltd's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Aug 02.
What does PolarX Ltd do and where is it based?
PolarX Ltd operates in the Other sector, based in SUBIACO.
Explore related

See where PolarX Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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