Companies · Other Technology

References-Online, Inc.

DENVER · Other Technology

Diligence memoA one-page analyst read on References-Online, Inc. — recommendation, valuation, rhythm, risks.
$2.4M
Total raised · real
3
Rounds
0.9×
Latest step-up
Top 57%
Sector rank · raised
Seed
Latest stage · inferred · Wed Oct 21 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

References-Online, Inc. 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 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 0.66× the median modeled value of Seed Other Technology companies in 2013–2015 (1027 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.7 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal 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 Other Technology

References-Online, Inc. is one of 21292 Other Technology companies tracked from DENVER. By capital raised it ranks mid-pack (ahead of 44% of sector peers), and mid-pack 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
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$13M$25M$38M$50MSeed · 2015-10-21 Raised $1.1M (real) Modeled valuation $36M (est)$1.1M$36MSeed2015Pre-Seed · 2015-10-21 Raised $703K (real) Modeled valuation $30M (est)$703K$30MPre-Seed2015Pre-Seed · 2015-10-21 Raised $650K (real) Modeled valuation $28M (est)$650K$28MPre-Seed2015+$703K+$650KCumulative $2.4M

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
Seed$1.1M · 2015
Bridge · Seed-stage$703K · 2015smaller follow-on
Bridge · Seed-stage$650K · 2015smaller follow-on

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

Modeled valuation trajectory
$35.8M
Base estimate est.
$927K
Conservative case
$280.8M
Upside case
$5.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $35.8M · 2015-10-212015Pre-Seed · modeled $29.8M · 2015-10-21Pre-Seed · modeled $27.6M · 2015-10-212015
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
6.0 yr
Elapsed time used
10.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
10.7 yr
On record since
2015
First round
3
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 0.8× of median
This company$2.4M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$650K
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$35.8M
Sector median$37.3M

Raised more than 44% of sector peers (real $). Modeled value above 49% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #804 of 1,027.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Database Solutions, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Fishbowl, Inc. · Seed Raised $4.0M · modeled $136.3M (est)CourseHorse, Inc. · Seed Raised $7.5M · modeled $136.3M (est)BAK USA Technologies Corp. · Seed Raised $4.0M · modeled $136.3M (est)Golfkick Llc · Seed Raised $4.0M · modeled $136.3M (est)OpenFin Inc. · Seed Raised $6.6M · modeled $136.3M (est)HoneyApps, Inc. · Seed Raised $6.0M · modeled $136.3M (est)DreamFactory Software, Inc · Seed Raised $7.5M · modeled $136.3M (est)Gamgee, Inc. · Seed Raised $6.5M · modeled $136.3M (est)Pixel Labs, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Sipx, Inc. · Seed Raised $6.4M · modeled $136.3M (est)StepOne, Inc. · Seed Raised $4.0M · modeled $136.0M (est)References-Online, Inc. (this company) Raised $2.4M · modeled $35.8M (est)References-Online, Inc.
CompanyStageRaised · realValue · estvs peer med.
Database Solutions, Inc.Seed$4.0M$136.3M2.51×
Fishbowl, Inc.Seed$4.0M$136.3M2.51×
CourseHorse, Inc.Seed$7.5M$136.3M2.51×
BAK USA Technologies Corp.Seed$4.0M$136.3M2.51×
Golfkick LlcSeed$4.0M$136.3M2.51×
OpenFin Inc.Seed$6.6M$136.3M2.51×
HoneyApps, Inc.Seed$6.0M$136.3M2.51×
DreamFactory Software, IncSeed$7.5M$136.3M2.51×
Gamgee, Inc.Seed$6.5M$136.3M2.51×
Pixel Labs, Inc.Seed$4.0M$136.3M2.51×
Sipx, Inc.Seed$6.4M$136.3M2.51×
StepOne, Inc.Seed$4.0M$136.0M2.51×
References-Online, Inc. this companySeed$2.4M$35.8M0.66×
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.
Seed$1.1M2015-10-21$5.3M$35.8M90%
Pre-Seed$703K2015-10-21$3.9M$29.8M90%
Pre-Seed$650K2015-10-21$3.6M$27.6M90%
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. Seed$1.1M2015-10-21
    • First recorded raise — entered as Seed.
  2. Pre-Seed$703K2015-10-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  3. Pre-Seed$650K2015-10-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
Modeled next raise
$650K
Modeled next size est.range $650K$1.0M
0.9×
Last step-up
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
James Mooney2015-10
Registry & provenance

References-Online, 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
1656971
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
SoraFinance, Inc.Other TechnologySeed$2.4M$36.2Msame sector · same stage
Trans-Fi IncOther TechnologySeed$2.4M$36.3Msame sector · same stage
Blanket, Inc.Other TechnologySeed$2.4M$36.1Msame sector · same stage
NuPark IncOther TechnologySeed$2.4M$35.4Msame sector · same stage
Kwippo, Inc.Other TechnologySeed$2.4M$34.5Msame sector · same stage
Fortress Risk Management, LLCOther TechnologySeed$2.3M$35.1Msame sector · same stage
Sign706 CorpOther TechnologySeed$2.3M$36.7Msame sector · same stage
Innovate/Protect, Inc.Other TechnologySeed$2.3M$35.3Msame sector · same stage
Frequently asked
How much funding has References-Online, Inc. raised?
References-Online, Inc. has raised approximately $2.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is References-Online, Inc.'s estimated valuation?
Provath's modeled valuation for References-Online, Inc. is approximately $35.8M (modeled range $927K–$280.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is References-Online, Inc. at?
References-Online, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Oct 21.
What does References-Online, Inc. do and where is it based?
References-Online, Inc. operates in the Other Technology sector, based in DENVER.
Explore related

See where References-Online, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at References-Online, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.