Companies · Other

SALT Insure Inc

GRAPEVINE · Other

Diligence memoA one-page analyst read on SALT Insure Inc — recommendation, valuation, rhythm, risks.
$6.3M
Total raised · real
3
Rounds
0.5×
Latest step-up
Top 31%
Sector rank · raised
Seed
Latest stage · inferred · Mon Oct 07 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

SALT Insure Inc looks fair against its niche peers and is quiet 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.

Fair
  • Modeled value is 0.68× the median modeled value of Seed Other companies in 2022–2024 (1231 peers) — value vs value, same stage and era.
  • Within the normal band (68% of peer median) for its niche.
Quiet
  • Last raise 21 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector 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

SALT Insure Inc is one of 25015 Other companies tracked from GRAPEVINE. By capital raised it ranks in the upper tier (ahead of 70% 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
2021
Year incorporated
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$50MPre-Seed · 2021-02-26 Raised $250K (real) Modeled valuation $4.3M (est)$250K$4.3MPre-Seed2021Seed · 2023-02-01 Raised $4.0M (real) Modeled valuation $28M (est)$4.0M$28MSeed2023Seed · 2024-10-07 Raised $2.0M (real) Modeled valuation $7.6M (est)$2.0M$7.6MSeed2024+$4.0M+$2.0MCumulative $6.3M

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$250K · 2021
Seed$4.0M · 2023
Seed extension$2.0M · 2024

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

Modeled valuation trajectory
$7.6M
Base estimate est.
$1.8M
Conservative case
$18.9M
Upside case
$10.0M
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. Directional, not a quoted figure.

Pre-Seed · modeled $4.3M · 2021-02-262021Seed · modeled $28.4M · 2023-02-01Seed · modeled $7.6M · 2024-10-072024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$1.7M/yr
Capital velocity
5.3 yr
On record since
2021
First round
3
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 3.1× above median
This company$6.3M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.1× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$7.6M
Sector median$17.7M

Raised more than 70% of sector peers (real $). Modeled value above 33% 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 #897 of 1,231.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Dropee Inc. · Seed Raised $3.9M · modeled $40.7M (est)NFH Northern Project Development, LLC · Seed Raised $4.0M · modeled $40.7M (est)FactorFund-Note-2022 LLC · Seed Raised $4.0M · modeled $40.1M (est)Immersion Elements LLC · Seed Raised $3.8M · modeled $40.0M (est)Possip, Inc. · Seed Raised $5.8M · modeled $39.7M (est)Porch Group, Inc. · Seed Raised $6.0M · modeled $38.8M (est)Rootwurks, Inc. · Seed Raised $3.9M · modeled $38.7M (est)Cordelia Capital Holdings Inc. · Seed Raised $3.9M · modeled $38.4M (est)99 Counties, Inc. · Seed Raised $3.7M · modeled $38.1M (est)2910 Richmond Hill 1 LLC · Seed Raised $3.8M · modeled $37.5M (est)BH Polycor Holding Inc. · Seed Raised $3.9M · modeled $37.0M (est)FitJoy, Inc. · Seed Raised $3.7M · modeled $36.9M (est)SALT Insure Inc (this company) Raised $6.3M · modeled $7.6M (est)SALT Insure Inc
CompanyStageRaised · realValue · estvs peer med.
Dropee Inc.Seed$3.9M$40.7M3.61×
NFH Northern Project Development, LLCSeed$4.0M$40.7M3.61×
FactorFund-Note-2022 LLCSeed$4.0M$40.1M3.56×
Immersion Elements LLCSeed$3.8M$40.0M3.55×
Possip, Inc.Seed$5.8M$39.7M3.52×
Porch Group, Inc.Seed$6.0M$38.8M3.45×
Rootwurks, Inc.Seed$3.9M$38.7M3.44×
Cordelia Capital Holdings Inc.Seed$3.9M$38.4M3.41×
99 Counties, Inc.Seed$3.7M$38.1M3.38×
2910 Richmond Hill 1 LLCSeed$3.8M$37.5M3.33×
BH Polycor Holding Inc.Seed$3.9M$37.0M3.28×
FitJoy, Inc.Seed$3.7M$36.9M3.28×
SALT Insure Inc this companySeed$6.3M$7.6M0.68×
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$250K2021-02-26$1.4M$4.3M90%
Seed$4.0M2023-02-01$20.0M$28.4M90%
Seed$2.0M2024-10-07$10.0M$7.6M90%
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. Pre-Seed$250K2021-02-26
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$4.0M2023-02-01
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 16.0× larger than the prior — scaling up.
  3. Seed$2.0M2024-10-07
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
Intelligence
2026 ~Q3
Modeled next raise · ~22mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.5×
Last step-up
$1.7M/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
Wade Thomas Myers1 other2021-02
Casey Thomas Nelson2023-02
Dustin Powers Parker2021-02
Jonathan David Simmons2021-02
Robert Thomas Nitsche2023-02
Registry & provenance

SALT Insure 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
1847792
SEC CIK
2021
Incorporated
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
Language Stars, LLCOtherSeed$6.7M$7.4Msame sector · same stage
Ash Improvement Technology, Inc.OtherSeed$5.8M$7.5Msame sector · same stage
Unusual Machines, Inc.OtherSeed$6.8M$7.3Msame sector · same stage
Arena Innovation Corp.OtherSeed$6.9M$7.9Msame sector · same stage
Duncan Williams IncOtherSeed$7.0M$8.0Msame sector · same stage
BBG Aerosystems Inc.OtherSeed$7.3M$7.5Msame sector · same stage
19th Hole Productions, LLCOtherSeed$5.3M$7.7Msame sector · same stage
Sepsensor IncOtherSeed$7.4M$7.4Msame 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
Insurelife Inc.OtherSeries A$17.9M85%
Saltwater Investment Company, LLCOtherSeries A$24.7M84%
Salt Athletic, Inc.Sports & FitnessPre-Seed$3.0M82%
ClearSurance, Inc.OtherSeries A$36.6M82%
Stonebrook Risk Solutions Insurance Services, LLCInsuranceSeed$65.1M80%
Vantage Insurance Holdings, LLCInsuranceSeries B$399.2M80%
Slide Insurance Holdings, Inc.InsuranceSeries C$1.3B80%
Spot Insurance Inc.InsuranceSeries B$284.6M80%
Frequently asked
How much funding has SALT Insure Inc raised?
SALT Insure Inc has raised approximately $6.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is SALT Insure Inc's estimated valuation?
Provath's modeled valuation for SALT Insure Inc is approximately $7.6M (modeled range $1.8M–$18.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is SALT Insure Inc at?
SALT Insure Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Oct 07.
What does SALT Insure Inc do and where is it based?
SALT Insure Inc operates in the Other sector, based in GRAPEVINE.
Explore related

See where SALT Insure 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 SALT Insure 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.