Diligence memo · auto-generated · as of July 2, 2026

PURE Storage, Inc.

PURE Storage, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

PURE Storage, Inc. operates in Other Technology, based in MOUNTAIN VIEW.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

PURE Storage, Inc. has raised $586M in disclosed capital across 11 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $225M on 2014-04-17.

Most recent recorded round closed around 2014-06-26.

Valuation (modeled)modeled

Provath models PURE Storage, Inc. at approximately $1.9B (range $332M–$4.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.41× the median modeled value of Series D+ Other Technology companies in 2013–2015 (45 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 6 months.

Last raise 12.0 yr ago; this sector typically re-raises about every 13 months.

Silent for over 3× the sector's normal cadence.

The last round was 3.8× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 100% of Other Technology peers (21302 compared).

Modeled value ranks above 98% of those peers.

Closest niche peers: Medeanalytics Parent, Inc., Alphabet Inc., Digicert Parent, Inc., Jet.com, Inc., Dropbox, Inc..

Peoplefiled

8 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.