Diligence memo · auto-generated · as of July 2, 2026
Read It Later, Inc.
Read It Later, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Read It Later, Inc. operates in Computers, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Read It Later, Inc. has raised $14M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $7.0M on 2015-02-27.
Most recent recorded round closed around 2015-02-27.
Valuation (modeled)modeled
Provath models Read It Later, Inc. at approximately $233M (range $9.5M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.32× the median modeled value of Series A Computers companies in 2013–2015 (47 peers) — value vs value, same stage and era. Within the normal band (132% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 11.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 84% of Computers peers (1371 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Cryptzone Worldwide, Inc., SRC Computers, LLC, Bastille Networks, Inc., Symbolic IO Corp, BEW Global, Inc..
Peoplefiled
2 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.