Companies · Other Technology

Second Spectrum, Inc.

LOS ANGELES · Other Technology

Diligence memoA one-page analyst read on Second Spectrum, Inc. — recommendation, valuation, rhythm, risks.
$20.1M
Total raised · real
1
Rounds
Latest step-up
Top 17%
Sector rank · raised
Series B
Latest stage · inferred · Wed Feb 28 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Second Spectrum, 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 technology 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 1.04× the median modeled value of Series B Other Technology companies in 2016–2018 (314 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
Dormant
  • Last raise 8.3 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Technology

Second Spectrum, Inc. is one of 21292 Other Technology companies tracked from LOS ANGELES. By capital raised it ranks in the upper tier (ahead of 84% of sector peers), and among the largest 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
Rule 506(b)
Reg D exemption
7
Investors (latest)
2018-02-28
First sale
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$250M$500M$750M$1.0BSeries B · 2018-02-28 Raised $20M (real) Modeled valuation $612M (est)$20M$612MSeries B2018

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
Series B$20.1M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$612.1M
Base estimate est.
$49.2M
Conservative case
$2.4B
Upside case
$111.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
6.0 yr
Elapsed time used
8.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
8.3 yr
On record since
2018
First round
1
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 6.3× above median
This company$20.1M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.0× above median
This company$20.1M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 16× above median
This company$612.1M
Sector median$37.3M

Raised more than 84% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #135 of 314.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Pymetrics, Inc. · Series B Raised $46.6M · modeled $1.2B (est)Universal Recognition Token, Inc. · Series B Raised $40.0M · modeled $1.2B (est)Certified Inc. · Series B Raised $40.0M · modeled $1.2B (est)Anomali Inc · Series B Raised $40.0M · modeled $1.2B (est)Docutech Transfer, LLC · Series B Raised $39.9M · modeled $1.2B (est)Plaid Technologies, Inc. · Series B Raised $39.8M · modeled $1.2B (est)360fly, Inc. · Series B Raised $69.9M · modeled $1.2B (est)LogRhythm, Inc. · Series B Raised $111.3M · modeled $1.2B (est)Humu, Inc. · Series B Raised $49.5M · modeled $1.2B (est)GuiaBolso (Cayman), Ltd. · Series B Raised $58.0M · modeled $1.2B (est)Spin Memory, Inc. · Series B Raised $38.5M · modeled $1.2B (est)Wavefront, Inc. · Series B Raised $37.6M · modeled $1.1B (est)Second Spectrum, Inc. (this company) Raised $20.1M · modeled $612.1M (est)Second Spectrum, Inc.
CompanyStageRaised · realValue · estvs peer med.
Pymetrics, Inc.Series B$46.6M$1.2B2.07×
Universal Recognition Token, Inc.Series B$40.0M$1.2B2.07×
Certified Inc.Series B$40.0M$1.2B2.07×
Anomali IncSeries B$40.0M$1.2B2.07×
Docutech Transfer, LLCSeries B$39.9M$1.2B2.07×
Plaid Technologies, Inc.Series B$39.8M$1.2B2.06×
360fly, Inc.Series B$69.9M$1.2B2.05×
LogRhythm, Inc.Series B$111.3M$1.2B2.05×
Humu, Inc.Series B$49.5M$1.2B2.02×
GuiaBolso (Cayman), Ltd.Series B$58.0M$1.2B2.01×
Spin Memory, Inc.Series B$38.5M$1.2B2.00×
Wavefront, Inc.Series B$37.6M$1.1B1.95×
Second Spectrum, Inc. this companySeries B$20.1M$612.1M1.04×
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.
Series B$20.1M2018-02-28$111.7M$612.1M90%
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. Series B$20.1M2018-02-28
    • First recorded raise — entered as Series B.
    • 7 investors on this round.
Intelligence
Modeled next raise
$32.2M
Modeled next size est.range $20.9M$51.5M
Last step-up
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
David Hornik7 other2018-02
Steve Bornstein4 other2018-02
Mark Stevens1 other2018-02
Rajiv Maheswaran2018-02
Yu-Han Chang2018-02
Registry & provenance

Second Spectrum, 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
1572837
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
ThousandEyes, Inc.Other TechnologySeries B$20.2M$609.1Msame sector · same stage
Ionix Medical Inc.Other TechnologySeries B$20.2M$558.3Msame sector · same stage
SBAR Endurance, Inc.Other TechnologySeries B$20.0M$609.9Msame sector · same stage
nuTonomy Inc.Other TechnologySeries B$20.2M$614.5Msame sector · same stage
Schooner Information Technology Inc.Other TechnologySeries B$20.0M$609.1Msame sector · same stage
All In All, Inc.Other TechnologySeries B$20.0M$609.1Msame sector · same stage
Border Stylo, Inc.Other TechnologySeries B$20.0M$609.1Msame sector · same stage
Enso LPOther TechnologySeries B$20.0M$609.1Msame 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
Spectrum Global Solutions, Inc.Other TechnologySeed$51.1M91%
Second Sun, Inc.Other TechnologyPre-Seed$4.9M91%
Spectrum Effect, Inc.Other TechnologySeries A$9.1M89%
SPECTRA Holdings US, Ltd.Other TechnologySeed$12.3M87%
2Hz,Inc.Other TechnologyPre-Seed$8.5M87%
Spectra7 Microsystems Inc.Other TechnologySeries A$5.7M86%
2U, Inc.Other TechnologySeries D+$10.2B86%
EI Spectra, LLCOther TechnologySeed$6.0M85%
Frequently asked
How much funding has Second Spectrum, Inc. raised?
Second Spectrum, Inc. has raised approximately $20.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Second Spectrum, Inc.'s estimated valuation?
Provath's modeled valuation for Second Spectrum, Inc. is approximately $612.1M (modeled range $49.2M–$2.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Second Spectrum, Inc. at?
Second Spectrum, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Feb 28.
What does Second Spectrum, Inc. do and where is it based?
Second Spectrum, Inc. operates in the Other Technology sector, based in LOS ANGELES.
Explore related

See where Second Spectrum, 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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