Diligence memo · auto-generated · as of July 2, 2026
Seegrid Corp
Seegrid Corp looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Seegrid Corp operates in Other Technology, based in PITTSBURGH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Seegrid Corp has raised $20M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.9M on 2011-09-22.
Most recent recorded round closed around 2013-04-26.
Valuation (modeled)modeled
Provath models Seegrid Corp at approximately $61M (range $2.9M–$332M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.40× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 13.2 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 83% of Other Technology peers (21302 compared).
Modeled value ranks above 62% of those peers.
Closest niche peers: Uni-Pixel, FoundationDB, Inc., Liaison Technologies, Inc., iDevices, LLC, Zafin Global Holdings Corp..
Peoplefiled
15 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.