Companies · Telecommunications

Series B SmartSky II, LLC

MORRISVILLE · Telecommunications

Diligence memoA one-page analyst read on Series B SmartSky II, LLC — recommendation, valuation, rhythm, risks.→
$1.7M
Total raised · real
1
Rounds
—
Latest step-up
Top 65%
Sector rank · raised
Seed
Latest stage · inferred · Fri Jun 03 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Series B SmartSky II, LLC looks over-valued 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 telecom sector profile.

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

Over-valued
  • Modeled value is 1.53× the median modeled value of Seed Telecommunications companies in 2022–2024 (28 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.1 yr ago; this sector typically re-raises about every 10 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Series B SmartSky II, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
4.3 yr record
Peak capital year was 2022 with $1.7M across 1 filings.
Market position
ahead of 36% of Telecommunications peers
Capital scale is ahead of 36% of Telecommunications peers; modeled value is above 36% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2022: $1.7M across 1 filings.
  • Largest single filing was $1.7M on 2022-06-03.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
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 Telecommunications

Series B SmartSky II, LLC is one of 929 Telecommunications companies tracked from MORRISVILLE. By capital raised it ranks in the long tail (ahead of 36% 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
Rule 506(b)
Reg D exemption
6
Investors (latest)
2022
Year incorporated
2022-06-03
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$5.0M$10M$15M$20MSeed · 2022-06-03 Raised $1.7M (real) Modeled valuation $17M (est)$1.7M$17MSeed2022

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
Seed$1.7M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$17.2M
Base estimate est.
$1.5M
Conservative case
$80.3M
Upside case
$8.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 60% high
1.49×/yr
Annual markup
1.96×/yr upside case
4.1 yr
Elapsed time used
4.1 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
4.3 yr
On record since
2022
First round
1
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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)▼ 0.4× of median
This company$1.7M
Sector median$4.0M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.1× above median
This company$1.7M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages)▼ 0.6× of median
This company$17.2M
Sector median$28.3M

Raised more than 36% of sector peers (real $). Modeled value above 36% 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 #8 of 28.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Aglocell, Inc. · Seed Raised $3.6M · modeled $23.8M (est)TRAXyL, Inc. · Seed Raised $2.1M · modeled $23.3M (est)Tower One Wireless Corp. · Seed Raised $2.9M · modeled $22.0M (est)Addvantage Technologies Group Inc · Seed Raised $3.0M · modeled $21.3M (est)Graphene 01, Inc. · Seed Raised $2.8M · modeled $20.9M (est)RiverStreet Management Services, LLC · Seed Raised $2.5M · modeled $19.8M (est)W40Nft, Inc · Seed Raised $2.0M · modeled $18.7M (est)CCT Holding Company, LLC · Seed Raised $1.8M · modeled $17.1M (est)Digital Reef, Inc. · Seed Raised $3.2M · modeled $16.3M (est)Nxbeam Inc. · Seed Raised $3.0M · modeled $16.3M (est)NXT Telcom Services Inc · Seed Raised $1.5M · modeled $14.8M (est)Series B SmartSky II, LLC (this company) Raised $1.7M · modeled $17.2M (est)Series B SmartSky II, LLC
CompanyStageRaised · realValue · estvs peer med.
Aglocell, Inc.Seed$3.6M$23.8M2.11×
TRAXyL, Inc.Seed$2.1M$23.3M2.07×
Tower One Wireless Corp.Seed$2.9M$22.0M1.95×
Addvantage Technologies Group IncSeed$3.0M$21.3M1.89×
Graphene 01, Inc.Seed$2.8M$20.9M1.86×
RiverStreet Management Services, LLCSeed$2.5M$19.8M1.76×
W40Nft, IncSeed$2.0M$18.7M1.66×
Series B SmartSky II, LLC this companySeed$1.7M$17.2M1.53×
CCT Holding Company, LLCSeed$1.8M$17.1M1.52×
Digital Reef, Inc.Seed$3.2M$16.3M1.45×
Nxbeam Inc.Seed$3.0M$16.3M1.45×
NXT Telcom Services IncSeed$1.5M$14.8M1.32×
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.
Seed$1.7M2022-06-03$8.6M$17.2M90%
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. Seed$1.7M2022-06-03
    • First recorded raise — entered as Seed.
    • 6 investors on this round.
Intelligence
—
Modeled next raise
$2.8M
Modeled next size est.range $1.8M–$4.4M
—
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
Haynes G. Griffin—5 other2022-06
Richard C. Rowlenson—5 other2022-06
Ryan M. Stone—4 other2022-06
Carter C. Griffin—1 other2022-06
Registry & provenance

Series B SmartSky II, LLC 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
1929627
SEC CIK
2022
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
Series B SmartSky I, LLCTelecommunicationsPre-Seed$908K$9.9Mnetwork4 shared operators · same sector
SmartSky Investco, LLCTelecommunicationsSeries C$68.3M$465.1Mnetwork3 shared operators · same sector
SmartSky New HoldCo, LLCTelecommunicationsSeries C$115.7M$344.4Mnetwork3 shared operators · same sector
SmartSky Networks, LLCTelecommunicationsSeries D+$234.7M$860.7Mnetwork3 shared operators · same sector
Legacy SmartSky, LLCTelecommunicationsSeries A$8.1M$97.9Mnetwork2 shared operators · same sector
Dauphin Health, Inc.TelecommunicationsSeed$1.7M$28.6Msame sector · same stage
Integrated Photonics IncTelecommunicationsSeed$1.7M$3.3Msame sector · same stage
Net Talk.Com, Inc.TelecommunicationsSeed$1.7M$23.7Msame 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
Series B SmartSky I, LLCTelecommunicationsPre-Seed$9.9M99%
SmartSky Networks, LLCTelecommunicationsSeries D+$860.7M86%
SmartSky Investco, LLCTelecommunicationsSeries C$465.1M85%
Legacy SmartSky, LLCTelecommunicationsSeries A$97.9M83%
SmartSky New HoldCo, LLCTelecommunicationsSeries C$344.4M81%
Blue Danube Systems, Inc.TelecommunicationsSeries B$38.5M78%
SabSe Technologies Inc.TelecommunicationsSeries A$101.9M78%
Blusky Ai Inc.TelecommunicationsSeed$4.8M77%
Frequently asked
How much funding has Series B SmartSky II, LLC raised?
Series B SmartSky II, LLC has raised approximately $1.7M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Series B SmartSky II, LLC's estimated valuation?
Provath's modeled valuation for Series B SmartSky II, LLC is approximately $17.2M (modeled range $1.5M–$80.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Series B SmartSky II, LLC at?
Series B SmartSky II, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Jun 03.
What does Series B SmartSky II, LLC do and where is it based?
Series B SmartSky II, LLC operates in the Telecommunications sector, based in MORRISVILLE.
Explore related

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