Companies · Other Travel

Second Porch, Inc.

PORTLAND · Other Travel

Diligence memoA one-page analyst read on Second Porch, Inc. — recommendation, valuation, rhythm, risks.
$1.7M
Total raised · real
2
Rounds
6.7×
Latest step-up
Top 59%
Sector rank · raised
Seed
Latest stage · inferred · Tue Mar 16 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

Second Porch, Inc. looks fair 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 travel sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.75× the median modeled value of Seed Other Travel companies in 2010–2012 (6 peers) — value vs value, same stage and era.
  • Within the normal band (75% of peer median) for its niche.
Dormant
  • Last raise 16.3 yr ago; this sector typically re-raises about every 9 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 Travel

Second Porch, Inc. is one of 176 Other Travel companies tracked from PORTLAND. By capital raised it ranks mid-pack (ahead of 42% 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$5.0M$10M$15M$20MPre-Seed · 2009-04-29 Raised $225K (real) Modeled valuation $2.0M (est)$225K$2.0MPre-Seed2009Seed · 2010-03-16 Raised $1.5M (real) Modeled valuation $11M (est)$1.5M$11MSeed2010+$1.5MCumulative $1.7M

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$225K · 2009
Seed$1.5M · 2010

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

Modeled valuation trajectory
$10.8M
Base estimate est.
$1.2M
Conservative case
$84.4M
Upside case
$7.5M
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 travel sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $2.0M · 2009-04-292009Seed · modeled $10.8M · 2010-03-162010
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
36%
Survival probability
16% low · 55% high
1.26×/yr
Annual markup
1.65×/yr upside case
6.0 yr
Elapsed time used
16.3 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$2.0M/yr
Capital velocity
17.2 yr
On record since
2009
First round
2
Rounds on file
How it compares to the market

Benchmarked against 176 companies in Other Travel. 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) 0.7× of median
This company$1.7M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.8× of median
This company$1.5M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$10.8M
Sector median$8.9M

Raised more than 42% of sector peers (real $). Modeled value above 53% 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 #5 of 6.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Nile Project Inc. · Seed Raised $3.7M · modeled $25.1M (est)Global Voyages Group LLC · Seed Raised $5.2M · modeled $16.5M (est)BlackJet, Inc. · Seed Raised $3.1M · modeled $15.3M (est)efreightsolutions, LLC · Seed Raised $1.9M · modeled $13.3M (est)Hangar Partners, LLC · Seed Raised $1.9M · modeled $4.5M (est)Second Porch, Inc. (this company) Raised $1.7M · modeled $10.8M (est)Second Porch, Inc.
CompanyStageRaised · realValue · estvs peer med.
Nile Project Inc.Seed$3.7M$25.1M1.76×
Global Voyages Group LLCSeed$5.2M$16.5M1.15×
BlackJet, Inc.Seed$3.1M$15.3M1.07×
efreightsolutions, LLCSeed$1.9M$13.3M0.93×
Second Porch, Inc. this companySeed$1.7M$10.8M0.75×
Hangar Partners, LLCSeed$1.9M$4.5M0.31×
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$225K2009-04-29$1.3M$2.0M90%
Seed$1.5M2010-03-16$7.5M$10.8M90%
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$225K2009-04-29
    • First recorded raise — entered as Pre-Seed.
  2. Seed$1.5M2010-03-16
    • Raised 11 mo later, in step with the ~9 mo sector norm.
    • Round 6.7× larger than the prior — scaling up.
Intelligence
2011 ~Q1
Modeled next raise · ~11mo cadence
$4.5M
Modeled next size est.range $2.9M$7.2M
6.7×
Last step-up
$2.0M/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
Bill Pierznik1 other2009-04
Brent Hieggelke1 other2009-04
Drew Bernard1 other2010-03
Blake Biesecker2010-03
Kerry Kelley2009-04
Sudhir Bhagwan2009-04
Registry & provenance

Second Porch, 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
1473293
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
Black Mountain Community CorpOther TravelSeed$1.8M$3.9Msame sector · same stage
850Nine, LLCOther TravelSeed$1.8M$3.0Msame sector · same stage
efreightsolutions, LLCOther TravelSeed$1.9M$13.3Msame sector · same stage
WWSG Travel, Inc.Other TravelSeed$1.9M$3.2Msame sector · same stage
HotSpot Tax, Inc.Other TravelSeed$1.6M$11.5Msame sector · same stage
Triumph FBO Holdings, LLCOther TravelSeed$1.9M$13.4Msame sector · same stage
Teardown Funding #2,LLCOther TravelSeed$1.6M$5.7Msame sector · same stage
Adventure Travel Trade Association, Inc.Other TravelSeed$1.9M$11.7Msame sector · same stage
Frequently asked
How much funding has Second Porch, Inc. raised?
Second Porch, Inc. has raised approximately $1.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Second Porch, Inc.'s estimated valuation?
Provath's modeled valuation for Second Porch, Inc. is approximately $10.8M (modeled range $1.2M–$84.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Second Porch, Inc. at?
Second Porch, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Mar 16.
What does Second Porch, Inc. do and where is it based?
Second Porch, Inc. operates in the Other Travel sector, based in PORTLAND.
Explore related

See where Second Porch, 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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