Companies · Other

Retrofit Inc.

CHICAGO · Other

Diligence memoA one-page analyst read on Retrofit Inc. — recommendation, valuation, rhythm, risks.
$25.0M
Total raised · real
7
Rounds
0.4×
Latest step-up
Top 13%
Sector rank · raised
Series A
Latest stage · inferred · Tue Apr 12 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Retrofit 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.

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 Series A Other companies in 2016–2018 (707 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.2 yr ago; this sector typically re-raises about every 11 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

Retrofit Inc. is one of 25008 Other companies tracked from CHICAGO. By capital raised it ranks in the upper tier (ahead of 88% 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$50M$100M$150M$200MPre-Seed · 2011-06-09 Raised $700K (real) Modeled valuation $16M (est)Pre-Seed2011Seed · 2011-06-09 Raised $2.6M (real) Modeled valuation $48M (est)Seed2011Series A · 2012-10-31 Raised $8.0M (real) Modeled valuation $121M (est)Series A2012Series A · 2013-12-18 Raised $5.0M (real) Modeled valuation $76M (est)Series A2013Series A · 2015-03-27 Raised $2.0M (real) Modeled valuation $31M (est)Series A2015Series A · 2015-03-27 Raised $4.8M (real) Modeled valuation $73M (est)Series A2015Series A · 2016-04-12 Raised $1.9M (real) Modeled valuation $29M (est)Series A2016+$2.6M+$8.0M+$5.0M+$2.0M+$4.8M+$1.9MCumulative $25M

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$700K · 2011
Seed$2.6M · 2011
Series A$8.0M · 2012
Series A extension$5.0M · 2013
Series A extension$2.0M · 2015
Series A extension$4.8M · 2015
Series A extension$1.9M · 2016

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

Modeled valuation trajectory
$29.2M
Base estimate est.
$2.6M
Conservative case
$158.8M
Upside case
$8.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $16.2M · 2011-06-092011Seed · modeled $47.6M · 2011-06-09Series A · modeled $121.1M · 2012-10-31Series A · modeled $75.7M · 2013-12-18Series A · modeled $30.7M · 2015-03-27Series A · modeled $72.7M · 2015-03-27Series A · modeled $29.2M · 2016-04-122016
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
10.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$5.2M/yr
Capital velocity
15.1 yr
On record since
2011
First round
7
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 12× above median
This company$25.0M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$1.9M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$29.2M
Sector median$17.7M

Raised more than 88% of sector peers (real $). Modeled value above 62% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #633 of 707.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Cardinal Memorial Ultimate Holdings, Llc · Series A Raised $15.0M · modeled $227.0M (est)PASSADO Co Ltd · Series A Raised $15.0M · modeled $227.0M (est)Baba Joe Diamond Ventures Us Inc. · Series A Raised $15.0M · modeled $227.0M (est)Black Television News Channel, LLC · Series A Raised $15.0M · modeled $227.0M (est)CannCare, Inc · Series A Raised $15.0M · modeled $227.0M (est)Instapage, Inc. · Series A Raised $18.0M · modeled $227.0M (est)Hogsalt Investors Llc · Series A Raised $15.0M · modeled $227.0M (est)Mina Mar Corp · Series A Raised $15.0M · modeled $227.0M (est)ACM Research, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Genie Enterprises, Ltd · Series A Raised $15.0M · modeled $227.0M (est)Qq Utah 3, Llc · Series A Raised $15.0M · modeled $227.0M (est)Tatcha LLC · Series A Raised $21.3M · modeled $227.0M (est)Retrofit Inc. (this company) Raised $25.0M · modeled $29.2M (est)Retrofit Inc.
CompanyStageRaised · realValue · estvs peer med.
Cardinal Memorial Ultimate Holdings, LlcSeries A$15.0M$227.0M2.59×
PASSADO Co LtdSeries A$15.0M$227.0M2.59×
Baba Joe Diamond Ventures Us Inc.Series A$15.0M$227.0M2.59×
Black Television News Channel, LLCSeries A$15.0M$227.0M2.59×
CannCare, IncSeries A$15.0M$227.0M2.59×
Instapage, Inc.Series A$18.0M$227.0M2.59×
Hogsalt Investors LlcSeries A$15.0M$227.0M2.59×
Mina Mar CorpSeries A$15.0M$227.0M2.59×
ACM Research, Inc.Series A$15.0M$227.0M2.59×
Genie Enterprises, LtdSeries A$15.0M$227.0M2.59×
Qq Utah 3, LlcSeries A$15.0M$227.0M2.59×
Tatcha LLCSeries A$21.3M$227.0M2.59×
Retrofit Inc. this companySeries A$25.0M$29.2M0.33×
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$700K2011-06-09$3.9M$16.2M90%
Seed$2.6M2011-06-09$12.8M$47.6M90%
Series A$8.0M2012-10-31$36.4M$121.1M90%
Series A$5.0M2013-12-18$22.7M$75.7M90%
Series A$2.0M2015-03-27$9.2M$30.7M90%
Series A$4.8M2015-03-27$21.8M$72.7M90%
Series A$1.9M2016-04-12$8.8M$29.2M90%
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$700K2011-06-09
    • First recorded raise — entered as Pre-Seed.
  2. Seed$2.6M2011-06-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.7× larger than the prior — scaling up.
  3. Series A$8.0M2012-10-31
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
  4. Series A$5.0M2013-12-18
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
  5. Series A$2.0M2015-03-27
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
  6. Series A$4.8M2015-03-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× larger than the prior — scaling up.
  7. Series A$1.9M2016-04-12
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
Intelligence
2017 ~Q1
Modeled next raise · ~10mo cadence
$1.9M
Modeled next size est.range $1.9M$3.1M
0.4×
Last step-up
$5.2M/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
Matthew Ferguson5 other2013-12
Robert Coppedge5 other2015-03
Mohanjit Jolly2 other2013-12
Jeffrey Hyman1 other2011-06
Mary Pigatti1 other2015-03
ROB COPPEDGE1 other2015-03
Monhanjit Jolly2012-10
Registry & provenance

Retrofit 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
1524859
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.

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Indiggo LLCOtherSeries A$20.7M$28.8Msame sector · same stage
Ayablu IncOtherSeries A$18.6M$30.3Msame sector · same stage
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Frequently asked
How much funding has Retrofit Inc. raised?
Retrofit Inc. has raised approximately $25.0M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Retrofit Inc.'s estimated valuation?
Provath's modeled valuation for Retrofit Inc. is approximately $29.2M (modeled range $2.6M–$158.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Retrofit Inc. at?
Retrofit Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Apr 12.
What does Retrofit Inc. do and where is it based?
Retrofit Inc. operates in the Other sector, based in CHICAGO.
Explore related

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

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