Diligence memo · auto-generated · as of July 2, 2026
Project Ring, Inc.
Project Ring, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Project Ring, Inc. operates in Other, based in FORT WORTH.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Project Ring, Inc. has raised $2.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.2M on 2018-03-15.
Most recent recorded round closed around 2018-03-15.
Valuation (modeled)modeled
Provath models Project Ring, Inc. at approximately $41M (range $2.0M–$323M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.20× the median modeled value of Seed Other companies in 2016–2018 (1003 peers) — value vs value, same stage and era. Within the normal band (120% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.3 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 51% of Other peers (25008 compared).
Modeled value ranks above 68% of those peers.
Closest niche peers: Capture2, Inc., Alliance Time Holdings, LLC, Nithio Holdings, Inc., Springfield Hockey, LLC, Zooba Eats, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.