Companies · Other Technology

Promethium Ltd

LAS VEGAS · Other Technology

Diligence memoA one-page analyst read on Promethium Ltd — recommendation, valuation, rhythm, risks.
$685K
Total raised · real
3
Rounds
0.4×
Latest step-up
Top 78%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Sun Oct 23 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Promethium Ltd looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

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 0.44× the median modeled value of Pre-Seed Other Technology companies in 2022–2024 (975 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.7 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Technology

Promethium Ltd is one of 21292 Other Technology companies tracked from LAS VEGAS. By capital raised it ranks in the long tail (ahead of 23% of sector peers), and in the long tail 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
2
Investors (latest)
2019
Year incorporated
2022-10-23
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$2.5M$5.0M$7.5M$10MPre-Seed · 2021-10-25 Raised $300K (real) Modeled valuation $6.2M (est)$300K$6.2MPre-Seed2021Pre-Seed · 2022-10-05 Raised $285K (real) Modeled valuation $3.5M (est)$285K$3.5MPre-Seed2022Pre-Seed · 2022-10-23 Raised $100K (real) Modeled valuation $1.2M (est)$100K$1.2MPre-Seed2022+$285K+$100KCumulative $685K

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$300K · 2021
Pre-Seed extension$285K · 2022
Pre-Seed extension$100K · 2022

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

Modeled valuation trajectory
$1.2M
Base estimate est.
$65K
Conservative case
$6.8M
Upside case
$556K
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 scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.2M · 2021-10-252021Pre-Seed · modeled $3.5M · 2022-10-05Pre-Seed · modeled $1.2M · 2022-10-232022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.72×/yr
Annual markup
2.33×/yr upside case
3.7 yr
Elapsed time used
3.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$689K/yr
Capital velocity
4.7 yr
On record since
2021
First round
3
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 0.2× of median
This company$685K
Sector median$3.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$100K
Sector median$375K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.2M
Sector median$37.3M

Raised more than 23% of sector peers (real $). Modeled value above 3% 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 #775 of 975.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)InRev, Inc. · Pre-Seed Raised $1.0M · modeled $18.7M (est)Positiv.ly LLC · Pre-Seed Raised $1.0M · modeled $18.6M (est)SmashNet INC · Pre-Seed Raised $1.5M · modeled $18.4M (est)RealConnex Holdings Inc. · Pre-Seed Raised $1.0M · modeled $18.2M (est)Pm-Ordr, Inc. · Pre-Seed Raised $2.0M · modeled $17.5M (est)Couplr, Inc. · Pre-Seed Raised $1.0M · modeled $17.3M (est)Tonic Development Ltd · Pre-Seed Raised $1.0M · modeled $17.1M (est)Scratch Engine Llc · Pre-Seed Raised $920K · modeled $16.6M (est)Callypso Inc. · Pre-Seed Raised $1.0M · modeled $16.5M (est)Humetrix · Pre-Seed Raised $1.0M · modeled $16.0M (est)RRC Washington, Inc. · Pre-Seed Raised $1.0M · modeled $15.7M (est)Clouds USA Inc. · Pre-Seed Raised $1.0M · modeled $15.6M (est)Promethium Ltd (this company) Raised $685K · modeled $1.2M (est)Promethium Ltd
CompanyStageRaised · realValue · estvs peer med.
InRev, Inc.Pre-Seed$1.0M$18.7M6.78×
Positiv.ly LLCPre-Seed$1.0M$18.6M6.72×
SmashNet INCPre-Seed$1.5M$18.4M6.65×
RealConnex Holdings Inc.Pre-Seed$1.0M$18.2M6.59×
Pm-Ordr, Inc.Pre-Seed$2.0M$17.5M6.33×
Couplr, Inc.Pre-Seed$1.0M$17.3M6.24×
Tonic Development LtdPre-Seed$1.0M$17.1M6.19×
Scratch Engine LlcPre-Seed$920K$16.6M6.00×
Callypso Inc.Pre-Seed$1.0M$16.5M5.95×
HumetrixPre-Seed$1.0M$16.0M5.81×
RRC Washington, Inc.Pre-Seed$1.0M$15.7M5.69×
Clouds USA Inc.Pre-Seed$1.0M$15.6M5.64×
Promethium Ltd this companyPre-Seed$685K$1.2M0.44×
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$300K2021-10-25$1.7M$6.2M90%
Pre-Seed$285K2022-10-05$1.6M$3.5M90%
Pre-Seed$100K2022-10-23$556K$1.2M90%
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. Pre-Seed$300K2021-10-25
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$285K2022-10-05
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 3 investors on this round.
  3. Pre-Seed$100K2022-10-23
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 2.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~6mo cadence
$100K
Modeled next size est.range $100K$160K
0.4×
Last step-up
$689K/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
Daniel Frederick Werth2022-10
Daniel Werth2021-10
Devon Paul Scheg2022-10
Devon Scheg2021-10
Matthew Paul Cosgrove2022-10
Philippe Paul Neil2022-10
Xavier Isaiah Morgan-Lange2022-10
Xavier Morgan-Lange2021-10
Registry & provenance

Promethium 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
1890182
SEC CIK
2019
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
Inquoro, Inc.Other TechnologyPre-Seed$682K$1.5Msame sector · same stage
Connected Things Inc.Other TechnologyPre-Seed$690K$1.6Msame sector · same stage
My Storage Space LLCOther TechnologyPre-Seed$700K$1.1Msame sector · same stage
Northcenter Ventures LLCOther TechnologyPre-Seed$700K$1.5Msame sector · same stage
Adgentek LLCOther TechnologyPre-Seed$665K$1.5Msame sector · same stage
WineView, Inc.Other TechnologyPre-Seed$708K$1.5Msame sector · same stage
YouattestOther TechnologyPre-Seed$655K$996Ksame sector · same stage
Badger Tech Investors, LLCOther TechnologyPre-Seed$650K$1.1Msame 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
Prometheus Materials, Inc.Other TechnologySeries A$34.1M92%
Prometheus Fuels, Inc.Other TechnologySeries A$318.2M90%
Pomerium Inc.Other TechnologySeed$51.1M88%
Prometheus8, Inc.Other TechnologySeed$12.5M87%
Eclypsium, Inc.Other TechnologySeries B$245.4M87%
Andium Inc.Other TechnologySeries B$19.9M86%
Partium, Inc.Other TechnologySeries A$70.0M85%
PARETEUM CorpOther TechnologySeries B$761.4M85%
Frequently asked
How much funding has Promethium Ltd raised?
Promethium Ltd has raised approximately $685K in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Promethium Ltd's estimated valuation?
Provath's modeled valuation for Promethium Ltd is approximately $1.2M (modeled range $65K–$6.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Promethium Ltd at?
Promethium Ltd's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Sun Oct 23.
What does Promethium Ltd do and where is it based?
Promethium Ltd operates in the Other Technology sector, based in LAS VEGAS.
Explore related

See where Promethium 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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