Diligence memo · auto-generated · as of July 2, 2026
Proximity Space, Inc.
Proximity Space, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Proximity Space, Inc. operates in Business Services, based in MONTROSE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Proximity Space, Inc. has raised $1.5M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2017-07-01.
Most recent recorded round closed around 2019-01-07.
Valuation (modeled)modeled
Provath models Proximity Space, Inc. at approximately $5.4M (range $116K–$61M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.78× the median modeled value of Pre-Seed Business Services companies in 2019–2021 (147 peers) — value vs value, same stage and era. Within the normal band (78% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 7.5 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 61% of Business Services peers (2439 compared).
Modeled value ranks above 43% of those peers.
Closest niche peers: BH Laboratories, LLC, OrderSnapp, Inc., Harbor City Capital Corp, Citrin Holdings LLC, Milk Stork, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.