Companies · Computers

Readeo, LLC

Chicago · Computers

Diligence memoA one-page analyst read on Readeo, LLC — recommendation, valuation, rhythm, risks.
$300K
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 84%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Mar 19 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Readeo, LLC 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. Valuation uses the software/compute 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 0.33× the median modeled value of Pre-Seed Computers companies in 2019–2021 (71 peers) — value vs value, same stage and era.
  • Issuer reports $0–$1M revenue while modeled below niche peers.
Dormant
  • Last raise 5.3 yr ago; this sector typically re-raises about every 12 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

Readeo, 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
16.6 yr record
Peak capital year was 2009 with $150K across 1 filings.
Market position
ahead of 17% of Computers peers
Capital scale is ahead of 17% of Computers peers; modeled value is above 12% 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 2009: $150K across 1 filings.
  • Largest single filing was $150K on 2009-12-08.
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 Computers

Readeo, LLC is one of 1370 Computers companies tracked from Chicago. By capital raised it ranks in the long tail (ahead of 17% of sector peers), and in the long tail 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
3
Investors (latest)
2021-03-19
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$2.5M$5.0M$7.5M$10MPre-Seed · 2009-12-08 Raised $150K (real) Modeled valuation $7.6M (est)$150K$7.6MPre-Seed2009Pre-Seed · 2021-03-19 Raised $150K (real) Modeled valuation $5.1M (est)$150K$5.1MPre-Seed2021+$150KCumulative $300K

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
Pre-Seed$150K · 2009
Pre-Seed extension$150K · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$5.1M
Base estimate est.
$100K
Conservative case
$46.2M
Upside case
$833K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the software/compute sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $7.6M · 2009-12-082009Pre-Seed · modeled $5.1M · 2021-03-192021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.77×/yr
Annual markup
2.39×/yr upside case
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
135 mo
Avg between rounds
$27K/yr
Capital velocity
16.6 yr
On record since
2009
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1370 companies in Computers. 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) 0.2× of median
This company$300K
Sector median$1.9M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$150K
Sector median$325K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$5.1M
Sector median$33.0M

Raised more than 17% of sector peers (real $). Modeled value above 12% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #66 of 71.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Pure Oxygen Labs, Inc. · Pre-Seed Raised $1.0M · modeled $50.7M (est)Tuxera Oy · Pre-Seed Raised $997K · modeled $50.6M (est)Protech Systems Group, Inc. · Pre-Seed Raised $906K · modeled $46.0M (est)EXOsecure, Inc. · Pre-Seed Raised $875K · modeled $44.4M (est)Aptivio, Inc. · Pre-Seed Raised $800K · modeled $40.6M (est)ConsumerOptix, LLC · Pre-Seed Raised $750K · modeled $38.0M (est)CauseLine Labs, Inc. · Pre-Seed Raised $650K · modeled $33.0M (est)SemiCab Inc · Pre-Seed Raised $850K · modeled $32.7M (est)Biome Analytics, Inc. · Pre-Seed Raised $609K · modeled $30.9M (est)SYSCON International, Inc. · Pre-Seed Raised $600K · modeled $30.4M (est)Connectwise Parent, L.P. · Pre-Seed Raised $585K · modeled $29.7M (est)PC Investment Debt Co., LLC · Pre-Seed Raised $515K · modeled $26.1M (est)Readeo, LLC (this company) Raised $300K · modeled $5.1M (est)Readeo, LLC
CompanyStageRaised · realValue · estvs peer med.
Pure Oxygen Labs, Inc.Pre-Seed$1.0M$50.7M3.32×
Tuxera OyPre-Seed$997K$50.6M3.31×
Protech Systems Group, Inc.Pre-Seed$906K$46.0M3.01×
EXOsecure, Inc.Pre-Seed$875K$44.4M2.91×
Aptivio, Inc.Pre-Seed$800K$40.6M2.66×
ConsumerOptix, LLCPre-Seed$750K$38.0M2.49×
CauseLine Labs, Inc.Pre-Seed$650K$33.0M2.16×
SemiCab IncPre-Seed$850K$32.7M2.14×
Biome Analytics, Inc.Pre-Seed$609K$30.9M2.02×
SYSCON International, Inc.Pre-Seed$600K$30.4M1.99×
Connectwise Parent, L.P.Pre-Seed$585K$29.7M1.94×
PC Investment Debt Co., LLCPre-Seed$515K$26.1M1.71×
Readeo, LLC this companyPre-Seed$300K$5.1M0.33×
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.
Pre-Seed$150K2009-12-08$833K$7.6M85%
Pre-Seed$150K2021-03-19$833K$5.1M90%
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. Pre-Seed$150K2009-12-08
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$150K2021-03-19
    • Raised again after 135 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved No revenue → $0–$1M.
    • Switched to Rule 506(b) (was Rule 06).
    • 3 investors on this round.
Intelligence
2032 ~Q2
Modeled next raise · ~135mo cadence
$150K
Modeled next size est.range $150K$240K
1.0×
Last step-up
$27K/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
Aaron Neuenschwander2021-03
Coby Coby Neuenschwander2009-12
Coby Neuenschwander2021-03
Registry & provenance

Readeo, 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
1479131
SEC CIK
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
Bubl Technologies, Inc.ComputersPre-Seed$300K$2.3Msame sector · same stage
Cenicola-Helvin EnterprisesComputersPre-Seed$300K$500Ksame sector · same stage
PCD Network Solutions, Inc.ComputersPre-Seed$300K$3.1Msame sector · same stage
Phishcloud, Inc.ComputersPre-Seed$300K$9.0Msame sector · same stage
Prizum, LLCComputersPre-Seed$300K$3.4Msame sector · same stage
Rumi Technologies, Inc.ComputersPre-Seed$300K$1.7Msame sector · same stage
Tophat Security Inc.ComputersPre-Seed$300K$798Ksame sector · same stage
Militus Inc.ComputersPre-Seed$300K$9.2Msame 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
Saros LLCComputersSeries A$234.4M81%
Sulos, LLCComputersPre-Seed$5.7M80%
IndoorGeo, LLCComputersSeed$6.7M80%
Dionysus LLCComputersPre-Seed$297K80%
Alesiatec, Inc.ComputersSeries A$174.4M79%
ThetaRho, Inc.ComputersPre-Seed$3.2M79%
Metadata, Inc.ComputersSeries B$50.4M79%
ESO Solutions IncComputersSeries B$364.7M79%
Frequently asked
How much funding has Readeo, LLC raised?
Readeo, LLC has raised approximately $300K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Readeo, LLC's estimated valuation?
Provath's modeled valuation for Readeo, LLC is approximately $5.1M (modeled range $100K–$46.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Readeo, LLC at?
Readeo, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Mar 19.
What does Readeo, LLC do and where is it based?
Readeo, LLC operates in the Computers sector, based in Chicago.
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