Diligence memo · auto-generated · as of July 2, 2026
Readeo, LLC
Readeo, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Readeo, LLC operates in Computers, based in Chicago.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Readeo, LLC has raised $300K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $150K on 2009-12-08.
Most recent recorded round closed around 2021-03-19.
Valuation (modeled)modeled
Provath models Readeo, LLC at approximately $5.1M (range $100K–$46M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.33× 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 135 months.
Last raise 5.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 17% of Computers peers (1371 compared).
Modeled value ranks above 12% of those peers.
Closest niche peers: Pure Oxygen Labs, Inc., Tuxera Oy, Protech Systems Group, Inc., EXOsecure, Inc., Aptivio, Inc..
Peoplefiled
3 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.