Diligence memo · auto-generated · as of July 1, 2026

Simular, Inc.

Simular, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Simular, Inc. operates in Computers, based in SAN CARLOS.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Simular, Inc. has raised $5.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.0M on 2024-04-16.

Most recent recorded round closed around 2024-04-16.

Valuation (modeled)modeled

Provath models Simular, Inc. at approximately $32M (range $6.8M–$73M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.59× the median modeled value of Series A Computers companies in 2022–2024 (34 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 2.2 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 69% of Computers peers (1370 compared).

Modeled value ranks above 50% of those peers.

Closest niche peers: Touzi Gem Inv, LLC, Boomtown Network, Inc., 8base Inc., Touzi Mining Invest II, LLC, Slip.Stream Group Co..

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.