Diligence memo · auto-generated · as of July 3, 2026
Royalty Exchange, Inc.
Royalty Exchange, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Royalty Exchange, Inc. operates in Other Technology, based in Morrisville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Royalty Exchange, Inc. has raised $4.2M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.1M on 2013-06-26.
Most recent recorded round closed around 2015-01-30.
Valuation (modeled)modeled
Provath models Royalty Exchange, Inc. at approximately $8.3M (range $214K–$65M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.15× the median modeled value of Seed Other Technology companies in 2013–2015 (1027 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 11.4 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 56% of Other Technology peers (21302 compared).
Modeled value ranks above 20% of those peers.
Closest niche peers: Database Solutions, Inc., BAK USA Technologies Corp., OpenFin Inc., Golfkick Llc, CourseHorse, Inc..
Peoplefiled
4 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.