Companies · Other Technology

Skykit LLC

Minneapolis · Other Technology

Diligence memoA one-page analyst read on Skykit LLC — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 52%
Sector rank · raised
Seed
Latest stage · inferred · Mon Oct 04 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Skykit LLC 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 1.06× the median modeled value of Seed Other Technology companies in 2019–2021 (1049 peers) — value vs value, same stage and era.
  • Within the normal band (106% of peer median) for its niche.
Dormant
  • Last raise 4.7 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.

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

Issuer-vehicle patternmedium confidence

Skykit 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
4.7 yr record
Peak capital year was 2021 with $6.0M across 2 filings.
Market position
ahead of 49% of Other Technology peers
Capital scale is ahead of 49% of Other Technology peers; modeled value is above 60% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2021: $6.0M across 2 filings.
  • Largest single filing was $3.0M on 2021-10-04.
  • Filing rows sum to $6.0M, while canonical raised total is $3.0M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Skykit LLC is one of 21292 Other Technology companies tracked from Minneapolis. By capital raised it ranks mid-pack (ahead of 49% 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
Rule 506(b)
Reg D exemption
11
Investors (latest)
2021-10-04
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$25M$50M$75M$100MSeed · 2021-10-04 Raised $3.0M (real) Modeled valuation $56M (est)$3.0M$56MSeed2021Seed · 2021-10-04 Raised $3.0M (real) Modeled valuation $56M (est)$3.0M$56MSeed2021+$3.0MCumulative $6.0M

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$3.0M · 2021
Seed extension$3.0M · 2021

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
$56.1M
Base estimate est.
$2.6M
Conservative case
$313.0M
Upside case
$15.0M
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 technology sector profile. Directional, not a quoted figure.

Seed · modeled $56.1M · 2021-10-042021Seed · modeled $56.1M · 2021-10-042021
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
4.7 yr
On record since
2021
First round
2
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) 0.9× of median
This company$3.0M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.7× above median
This company$3.0M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$56.1M
Sector median$37.3M

Raised more than 49% of sector peers (real $). Modeled value above 60% 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 #486 of 1,049.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Altinity Inc. · Seed Raised $6.9M · modeled $136.3M (est)Platypus Institute Inc. · Seed Raised $6.5M · modeled $136.3M (est)Social Circle, LLC · Seed Raised $4.5M · modeled $136.3M (est)Pointivo, Inc. · Seed Raised $5.4M · modeled $136.3M (est)RealtimeX Inc. · Seed Raised $4.0M · modeled $136.3M (est)Scholastic Network Partners, LLC · Seed Raised $4.0M · modeled $136.3M (est)Thundra, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Sideqik, Inc. · Seed Raised $4.0M · modeled $136.3M (est)LevelOps Inc. · Seed Raised $4.0M · modeled $136.3M (est)Zebrium, Inc. · Seed Raised $7.3M · modeled $136.3M (est)Datawire, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Centercode, Inc. · Seed Raised $7.5M · modeled $136.3M (est)Skykit LLC (this company) Raised $3.0M · modeled $56.1M (est)Skykit LLC
CompanyStageRaised · realValue · estvs peer med.
Altinity Inc.Seed$6.9M$136.3M2.57×
Platypus Institute Inc.Seed$6.5M$136.3M2.57×
Social Circle, LLCSeed$4.5M$136.3M2.57×
Pointivo, Inc.Seed$5.4M$136.3M2.57×
RealtimeX Inc.Seed$4.0M$136.3M2.57×
Scholastic Network Partners, LLCSeed$4.0M$136.3M2.57×
Thundra, Inc.Seed$4.0M$136.3M2.57×
Sideqik, Inc.Seed$4.0M$136.3M2.57×
LevelOps Inc.Seed$4.0M$136.3M2.57×
Zebrium, Inc.Seed$7.3M$136.3M2.57×
Datawire, Inc.Seed$4.0M$136.3M2.57×
Centercode, Inc.Seed$7.5M$136.3M2.57×
Skykit LLC this companySeed$3.0M$56.1M1.06×
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$3.0M2021-10-04$15.0M$56.1M90%
Seed$3.0M2021-10-04$15.0M$56.1M90%
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. Seed$3.0M2021-10-04
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
  2. Seed$3.0M2021-10-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
Intelligence
Modeled next raise
$3.0M
Modeled next size est.range $3.0M$4.8M
1.0×
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
Richard Erickson4 other2021-10
BJ Hansen3 other2021-10
Irfan Khan1 other2021-10
Michael Majerus2021-10
Registry & provenance

Skykit 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
1893455
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
altRadar Inc.Other TechnologySeed$3.0M$54.3Msame sector · same stage
Interlink Electronics IncOther TechnologySeed$3.0M$54.8Msame sector · same stage
Toro Holding Corp. B.V.Other TechnologySeed$3.0M$53.9Msame sector · same stage
Dresma Inc.Other TechnologySeed$3.0M$55.0Msame sector · same stage
Subcity, Inc.Other TechnologySeed$3.0M$58.0Msame sector · same stage
Flexio Holdings LtdOther TechnologySeed$3.0M$53.5Msame sector · same stage
8tracks, Inc.Other TechnologySeed$3.0M$58.3Msame sector · same stage
Hal Collective, Inc.Other TechnologySeed$3.0M$57.9Msame 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
Skycatch, Inc.Other TechnologySeries B$536.7M88%
Skycision, Inc.Other TechnologyPre-Seed$35.5M87%
Skyscend, Inc.Other TechnologySeed$44.5M87%
Skydio, Inc.Other TechnologySeries D+$4.7B87%
Only Sky Inc.Other TechnologyPre-Seed$5.1M86%
SkySpecs, Inc.Other TechnologySeries C$78.7M86%
SkySafe, Inc.Other TechnologySeries B$24.9M86%
Skycom CorpOther TechnologyPre-Seed$2.1M85%
Frequently asked
How much funding has Skykit LLC raised?
Skykit LLC has raised approximately $3.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Skykit LLC's estimated valuation?
Provath's modeled valuation for Skykit LLC is approximately $56.1M (modeled range $2.6M–$313.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Skykit LLC at?
Skykit LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Oct 04.
What does Skykit LLC do and where is it based?
Skykit LLC operates in the Other Technology sector, based in Minneapolis.
Explore related

See where Skykit LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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