Companies · Software / Tech

Purecycle Technologies Llc

Orlando · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Purecycle Technologies Llc — recommendation, valuation, rhythm, risks.
$99.6M
Total raised · real
8
Rounds
4.0×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Thu Nov 12 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Purecycle Technologies Llc looks fair 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. 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.

Fair
  • Modeled value is 1.12× the median modeled value of Series C Software / Tech companies in 2019–2021 (58 peers) — value vs value, same stage and era.
  • Within the normal band (112% of peer median) for its niche.
Dormant
  • Last raise 5.6 yr ago; this sector typically re-raises about every 13 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

Purecycle Technologies Llc 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
7.8 yr record
Peak capital year was 2020 with $87.9M across 5 filings.
Market position
ahead of 95% of Software / Tech peers
Capital scale is ahead of 95% of Software / Tech peers; modeled value is above 97% 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
Normal 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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2020: $87.9M across 5 filings.
  • Largest single filing was $60.0M on 2020-11-12.
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 Software / Tech

Purecycle Technologies Llc is one of 3920 Software / Tech companies tracked from Orlando. By capital raised it ranks among the largest (ahead of 95% 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
4
Investors (latest)
2015
Year incorporated
2020-11-12
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$500M$1.0B$1.5B$2.0BSeries A · 2018-09-07 Raised $11M (real) Modeled valuation $301M (est)Series A2018Series A · 2019-08-30 Raised $1.0M (real) Modeled valuation $28M (est)Series A2019Series A · 2019-10-02 Raised $350K (real) Modeled valuation $9.7M (est)Series A2019Series A · 2019-10-29 Raised $1.0M (real) Modeled valuation $28M (est)Series A2019Series A · 2020-01-22 Raised $10M (real) Modeled valuation $277M (est)Series A2020Series A · 2020-06-29 Raised $1.4M (real) Modeled valuation $40M (est)Series A2020Seed · 2020-06-29 Raised $1.4M (real) Modeled valuation $49M (est)Seed2020Series A · 2020-10-06 Raised $15M (real) Modeled valuation $374M (est)Series A2020Series C · 2020-11-12 Raised $60M (real) Modeled valuation $1.7B (est)Series C2020+$1.0M+$350K+$1.0M+$10M+$1.4M+$1.4M+$15M+$60MCumulative $101M

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 A$10.9M · 2018
Series A extension$1.0M · 2019
Series A extension$350K · 2019
Series A extension$1.0M · 2019
Series A extension$10.0M · 2020
Series A extension$1.4M · 2020
Bridge · Series A-stage$1.4M · 2020smaller follow-on
Series A extension$15.0M · 2020
Series C$60.0M · 2020no Series B on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$1.7B
Base estimate est.
$227.3M
Conservative case
$4.2B
Upside case
$400.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $301.0M · 2018-09-072018Series A · modeled $27.7M · 2019-08-30Series A · modeled $9.7M · 2019-10-02Series A · modeled $27.7M · 2019-10-29Series A · modeled $277.4M · 2020-01-22Series A · modeled $40.2M · 2020-06-29Seed · modeled $49.4M · 2020-06-29Series A · modeled $373.5M · 2020-10-06Series C · modeled $1.7B · 2020-11-122020
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
5.6 yr
Elapsed time used
5.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$45.7M/yr
Capital velocity
7.8 yr
On record since
2018
First round
9
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) 22× above median
This company$99.6M
Sector median$4.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.2× above median
This company$60.0M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 46× above median
This company$1.7B
Sector median$36.6M

Raised more than 95% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #19 of 58.

This companyCohort peer
$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Romeo Systems, Inc. · Series C Raised $88.6M · modeled $2.8B (est)Enjoy Technology, Inc. · Series C Raised $151.5M · modeled $2.4B (est)Aircall.io, Inc. · Series C Raised $100.0M · modeled $2.3B (est)Jane Technologies, Inc. · Series C Raised $121.0M · modeled $2.3B (est)Turntide Technologies Inc. · Series C Raised $171.2M · modeled $2.2B (est)Lark Technologies, Inc. · Series C Raised $145.3M · modeled $2.1B (est)Sirius Computer Solutions Holdco, Lp · Series C Raised $66.6M · modeled $2.1B (est)Palmetto Clean Technology, Inc. · Series C Raised $110.4M · modeled $2.1B (est)Tackle.io, Inc. · Series C Raised $148.6M · modeled $2.0B (est)Fin Technologies, Inc. · Series C Raised $75.2M · modeled $1.9B (est)Hyper Labs, Inc. · Series C Raised $272.0M · modeled $1.9B (est)Novo Platform Inc. · Series C Raised $138.0M · modeled $1.9B (est)Purecycle Technologies Llc (this company) Raised $99.6M · modeled $1.7B (est)Purecycle Technologies Llc
CompanyStageRaised · realValue · estvs peer med.
Romeo Systems, Inc.Series C$88.6M$2.8B1.85×
Enjoy Technology, Inc.Series C$151.5M$2.4B1.57×
Aircall.io, Inc.Series C$100.0M$2.3B1.56×
Jane Technologies, Inc.Series C$121.0M$2.3B1.52×
Turntide Technologies Inc.Series C$171.2M$2.2B1.49×
Lark Technologies, Inc.Series C$145.3M$2.1B1.40×
Sirius Computer Solutions Holdco, LpSeries C$66.6M$2.1B1.39×
Palmetto Clean Technology, Inc.Series C$110.4M$2.1B1.39×
Tackle.io, Inc.Series C$148.6M$2.0B1.35×
Fin Technologies, Inc.Series C$75.2M$1.9B1.27×
Hyper Labs, Inc.Series C$272.0M$1.9B1.26×
Novo Platform Inc.Series C$138.0M$1.9B1.24×
Purecycle Technologies Llc this companySeries C$99.6M$1.7B1.12×
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 A$10.9M2018-09-07$49.3M$301.0M90%
Series A$1.0M2019-08-30$4.5M$27.7M90%
Series A$350K2019-10-02$1.6M$9.7M90%
Series A$1.0M2019-10-29$4.5M$27.7M90%
Series A$10.0M2020-01-22$45.5M$277.4M90%
Series A$1.4M2020-06-29$6.6M$40.2M90%
Seed$1.4M2020-06-29$7.3M$49.4M90%
Series A$15.0M2020-10-06$68.2M$373.5M90%
Series C$60.0M2020-11-12$400.0M$1.7B90%
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 A$10.9M2018-09-07
    • First recorded raise — entered as Series A.
    • 3 investors on this round.
  2. Series A$1.0M2019-08-30
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 10.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series A$350K2019-10-02
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 2.9× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Series A$1.0M2019-10-29
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 2 investors on this round.
  5. Series A$10.0M2020-01-22
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 10.0× larger than the prior — scaling up.
    • 1 investor on this round.
  6. Series A$1.4M2020-06-29
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 6.9× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 10 investors on this round.
  7. Seed$1.4M2020-06-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  8. Series A$15.0M2020-10-06
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 10.3× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 2 investors on this round.
  9. Series C$60.0M2020-11-12
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
    • 4 investors on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~3mo cadence
$180.0M
Modeled next size est.range $117.0M$288.0M
4.0×
Last step-up
$45.7M/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 Scott10 other2019-08
Richard Brenner5 other2019-08
Michael Otworth4 other2019-10
James Donnally3 other2019-10
David Brenner2 other2020-11
Michael Dee2 other2020-11
Tanya Burnell2 other2020-10
JAMES DONALLY1 other2020-11
James O. Donnally1 other2019-08
Andrew Glockner2019-08
ANDREW TECHNOLOGIES GLOCKNER2020-06
JAMES TECHNOLOGIES DONNALLY2020-06
MIKE OTWORTH2018-09
Registry & provenance

Purecycle Technologies Llc 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
1753625
SEC CIK
2015
Incorporated
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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
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Frequently asked
How much funding has Purecycle Technologies Llc raised?
Purecycle Technologies Llc has raised approximately $99.6M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Purecycle Technologies Llc's estimated valuation?
Provath's modeled valuation for Purecycle Technologies Llc is approximately $1.7B (modeled range $227.3M–$4.2B). 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 Llc at?
Purecycle Technologies Llc's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Nov 12.
What does Purecycle Technologies Llc do and where is it based?
Purecycle Technologies Llc operates in the Software / Tech sector, based in Orlando.
Explore related

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