Companies · Other

PTI-LMS Holding Corp.

CHARLOTTE · Other

Diligence memoA one-page analyst read on PTI-LMS Holding Corp. — recommendation, valuation, rhythm, risks.
$48.6M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Fri Oct 26 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

PTI-LMS Holding Corp. 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 0.53× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.7 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

PTI-LMS Holding Corp. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
8.5 yr record
Peak capital year was 2017 with $38.1M across 1 filings.
Market position
ahead of 93% of Other peers
Capital scale is ahead of 93% of Other peers; modeled value is above 88% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2017: $38.1M across 1 filings.
  • Largest single filing was $38.1M on 2017-12-28.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

PTI-LMS Holding Corp. is one of 25015 Other companies tracked from CHARLOTTE. By capital raised it ranks among the largest (ahead of 93% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2017
Year incorporated
2018-10-26
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 · 2017-12-28 Raised $38M (real) Modeled valuation $632M (est)$38M$632MSeries B2017Series B · 2018-10-26 Raised $11M (real) Modeled valuation $175M (est)$11M$175MSeries B2018+$11MCumulative $49M

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$38.1M · 2017
Series B extension$10.5M · 2018

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
$174.7M
Base estimate est.
$26.3M
Conservative case
$672.3M
Upside case
$58.4M
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 $632.2M · 2017-12-282017Series B · modeled $174.7M · 2018-10-262018
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
7.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$58.7M/yr
Capital velocity
8.5 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 24× above median
This company$48.6M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$10.5M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 9.9× above median
This company$174.7M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 88% 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 #223 of 298.

This companyCohort peer
$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)FinTech Acquisition Corp · Series B Raised $37.5M · modeled $623.1M (est)PTI-LMS Holding Corp. (this company) Raised $48.6M · modeled $174.7M (est)PTI-LMS Holding Corp.
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×
FinTech Acquisition CorpSeries B$37.5M$623.1M1.87×
PTI-LMS Holding Corp. this companySeries B$48.6M$174.7M0.53×
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$38.1M2017-12-28$211.4M$632.2M90%
Series B$10.5M2018-10-26$58.4M$174.7M90%
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$38.1M2017-12-28
    • First recorded raise — entered as Series B.
    • 13 investors on this round.
  2. Series B$10.5M2018-10-26
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 3.6× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~10mo cadence
$10.5M
Modeled next size est.range $10.5M$16.8M
0.3×
Last step-up
$58.7M/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
John C. Glover19 other2017-12
Leon C. Rubinov4 other2017-12
Michael C Antonelli2 other2018-10
Kevin C Godin1 other2018-10
Darin W Davenport2017-12
David C Doubek2018-10
Olivia C Adams2017-12
Thomas C Haffner2017-12
Registry & provenance

PTI-LMS Holding Corp. 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
1727536
SEC CIK
2017
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
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Raneys Holdings, LLCOtherSeries C$66.4M$775.2Mnetwork2 shared operators · same sector
Vieux Vins Ultimate Holdings, LLCOtherSeries B$41.5M$11.2Mnetwork1 shared operator · same sector · same stage
MDME Ultimate Holdings, LPOtherSeries B$39.9M$395.7Mnetwork1 shared operator · same sector · same stage
BMPC Ultimate Holdings, LLCOtherSeries B$37.8M$331.5Mnetwork1 shared operator · same sector · same stage
Starwest Botanicals Holdings, LLCOtherSeries D+$110.1M$43.2Mnetwork2 shared operators · same sector
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
LMS Investment, LLCOtherSeries A$70.1M86%
LSI Holding Company, LLCOtherSeries B$229.4M85%
TTI Holdings, LLCOtherSeries A$26.4M83%
PII Acquisition Corp.OtherPre-Seed$5.2M83%
MSI Holdco, Inc.OtherSeries B$486.9M83%
OT Holding CorpOtherSeries A$45.5M83%
DTM Holdings, LLCOtherSeries A$75.7M83%
MFSC Holding Corp.OtherSeries B$5.8M82%
Frequently asked
How much funding has PTI-LMS Holding Corp. raised?
PTI-LMS Holding Corp. has raised approximately $48.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PTI-LMS Holding Corp.'s estimated valuation?
Provath's modeled valuation for PTI-LMS Holding Corp. is approximately $174.7M (modeled range $26.3M–$672.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PTI-LMS Holding Corp. at?
PTI-LMS Holding Corp.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Oct 26.
What does PTI-LMS Holding Corp. do and where is it based?
PTI-LMS Holding Corp. operates in the Other sector, based in CHARLOTTE.
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