Companies · Software / Tech

PureCycle Technologies, Inc.

JACKSONVILLE · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on PureCycle Technologies, Inc. — recommendation, valuation, rhythm, risks.
$340.0M
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Sep 13 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

PureCycle Technologies, Inc. looks under-valued against its niche peers and is quiet 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 0.45× the median modeled value of Series D+ Software / Tech companies in 2022–2024 (29 peers) — value vs value, same stage and era.
Quiet
  • Last raise 22 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.
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 Software / Tech

PureCycle Technologies, Inc. is one of 3920 Software / Tech companies tracked from JACKSONVILLE. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest 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
7
Investors (latest)
2020
Year incorporated
2024-09-13
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$2.5B$5.0B$7.5B$10.0BSeries D+ · 2022-03-17 Raised $250M (real) Modeled valuation $5.1B (est)$250M$5.1BSeries D+2022Series D+ · 2024-09-13 Raised $90M (real) Modeled valuation $984M (est)$90M$984MSeries D+2024+$90MCumulative $340M

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 D+$250.0M · 2022
Series D+ extension$90.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$983.7M
Base estimate est.
$499.8M
Conservative case
$1.3B
Upside case
$750.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series D+ · modeled $5.1B · 2022-03-172022Series D+ · modeled $983.7M · 2024-09-132024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$136.3M/yr
Capital velocity
4.3 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 74× above median
This company$340.0M
Sector median$4.6M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.6× of median
This company$90.0M
Sector median$150.0M
Modeled value — vs sector median (estimate, all stages) 27× above median
This company$983.7M
Sector median$36.6M

Raised more than 99% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #24 of 29.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Uniphore Technologies Inc. · Series D+ Raised $594.9M · modeled $7.7B (est)Capital Integration Systems LLC · Series D+ Raised $392.9M · modeled $7.3B (est)Remote Technology, Inc. · Series D+ Raised $310.1M · modeled $6.2B (est)Starburst Data, Inc. · Series D+ Raised $250.0M · modeled $5.3B (est)Aleo Systems Inc. · Series D+ Raised $221.2M · modeled $4.2B (est)Matter Labs · Series D+ Raised $252.0M · modeled $3.5B (est)Material Technologies Corp · Series D+ Raised $221.5M · modeled $3.4B (est)Mammoth Admin & Tech, LLC · Series D+ Raised $270.0M · modeled $3.4B (est)R Software Inc. · Series D+ Raised $242.0M · modeled $3.0B (est)Renew Tech One Ltd · Series D+ Raised $200.0M · modeled $2.7B (est)Monad Labs, Inc. · Series D+ Raised $258.4M · modeled $2.7B (est)Altana Technologies, Inc. · Series D+ Raised $344.1M · modeled $2.5B (est)PureCycle Technologies, Inc. (this company) Raised $340.0M · modeled $983.7M (est)PureCycle Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Uniphore Technologies Inc.Series D+$594.9M$7.7B3.56×
Capital Integration Systems LLCSeries D+$392.9M$7.3B3.36×
Remote Technology, Inc.Series D+$310.1M$6.2B2.83×
Starburst Data, Inc.Series D+$250.0M$5.3B2.43×
Aleo Systems Inc.Series D+$221.2M$4.2B1.93×
Matter LabsSeries D+$252.0M$3.5B1.61×
Material Technologies CorpSeries D+$221.5M$3.4B1.58×
Mammoth Admin & Tech, LLCSeries D+$270.0M$3.4B1.57×
R Software Inc.Series D+$242.0M$3.0B1.38×
Renew Tech One LtdSeries D+$200.0M$2.7B1.26×
Monad Labs, Inc.Series D+$258.4M$2.7B1.23×
Altana Technologies, Inc.Series D+$344.1M$2.5B1.16×
PureCycle Technologies, Inc. this companySeries D+$340.0M$983.7M0.45×
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 D+$250.0M2022-03-17$2.1B$5.1B90%
Series D+$90.0M2024-09-13$750.0M$983.7M90%
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 D+$250.0M2022-03-17
    • First recorded raise — entered as Series D+.
    • 25 investors on this round.
  2. Series D+$90.0M2024-09-13
    • Raised again after 30 mo — slower than the ~13 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 7 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~30mo cadence
$90.0M
Modeled next size est.range $90.0M$144.0M
0.4×
Last step-up
$136.3M/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 Scott10 other2022-03
Michael Otworth4 other2022-03
David Brenner2 other2022-03
Tanya Burnell2 other2022-03
Allen Jacoby2024-09
Allen W. Jacoby2022-03
Brad Kalter2022-03
Daniel Coombs2024-09
Dustin Olson2022-03
Fernando Musa2022-03
Jaime Vasquez2024-09
Jeffrey Fieler2022-03
Lawrence Somma2022-03
Melissa Trednick2024-09
Stephen F. Bouck2022-03
Steven Bouck2024-09
Timothy Glockner2022-03
Registry & provenance

PureCycle Technologies, Inc. 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
1830033
SEC CIK
2020
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
Purecycle Technologies LlcSoftware / TechSeries C$99.6M$1.7Bnetwork4 shared operators · same sector
Fever Labs, Inc.Software / TechSeries D+$347.2M$1.1Bsame sector · same stage
Innventure LlcBusiness ServicesSeries B$33.2M$442.8Mnetwork3 shared operators
Span.IO, Inc.Software / TechSeries D+$384.1M$1.3Bsame sector · same stage
Apex Technology, Inc.Software / TechSeries D+$405.3M$1.3Bsame sector · same stage
Motive Technologies, Inc.Software / TechSeries D+$408.0M$1.4Bsame sector · same stage
Built Technologies, Inc.Software / TechSeries D+$277.6M$451.0Msame sector · same stage
Powerup Technology Inc.Software / TechSeries D+$277.0M$588.0Msame 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
Purecycle Technologies LlcSoftware / TechSeries C$1.7B98%
Pure Technology Inc.Software / TechPre-Seed$25.7M89%
Pure Blue Tech Inc.Software / TechPre-Seed$9.3M84%
PureCode Software, Inc.Software / TechPre-Seed$13.2M84%
Novocycle Technologies CorpSoftware / TechPre-Seed$406K83%
MacroCycle Technologies Inc.Software / TechSeries A$8.5M83%
Cycle Labs, Inc.Software / TechSeries A$19.8M83%
PureVita Labs, LLCSoftware / TechSeed$2.7M82%
Frequently asked
How much funding has PureCycle Technologies, Inc. raised?
PureCycle Technologies, Inc. has raised approximately $340.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is PureCycle Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for PureCycle Technologies, Inc. is approximately $983.7M (modeled range $499.8M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PureCycle Technologies, Inc. at?
PureCycle Technologies, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Sep 13.
What does PureCycle Technologies, Inc. do and where is it based?
PureCycle Technologies, Inc. operates in the Software / Tech sector, based in JACKSONVILLE.
Explore related

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