Diligence memo · auto-generated · as of July 3, 2026
SEAT EXCHANGE Corp
SEAT EXCHANGE Corp looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
SEAT EXCHANGE Corp operates in Retailing, based in CHICAGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
SEAT EXCHANGE Corp has raised $3.2M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.7M on 2010-10-01.
Most recent recorded round closed around 2010-11-15.
Valuation (modeled)modeled
Provath models SEAT EXCHANGE Corp at approximately $1.1M (range $139K–$8.5M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.11× the median modeled value of Seed Retailing companies in 2010–2012 (67 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 15.6 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 9.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 63% of Retailing peers (2347 compared).
Modeled value ranks above 12% of those peers.
Closest niche peers: Ziftit, Inc., Velocity VIII Limited Partnership, It'Sugar LLC, Game Trading Technologies, Inc., Ecohaus Inc.
Peoplefiled
12 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.