Companies · Other Technology

Slate BSI, LLC

BALTIMORE · Other Technology

Diligence memoA one-page analyst read on Slate BSI, LLC — recommendation, valuation, rhythm, risks.
$9.0M
Total raised · real
1
Rounds
Latest step-up
Top 31%
Sector rank · raised
Series A
Latest stage · inferred · Wed Apr 01 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Slate BSI, 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 technology 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 1.64× the median modeled value of Series A Other Technology companies in 2013–2015 (789 peers) — value vs value, same stage and era.
Dormant
  • Last raise 11.2 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

Slate BSI, 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
11.3 yr record
Peak capital year was 2015 with $9.0M across 1 filings.
Market position
ahead of 70% of Other Technology peers
Capital scale is ahead of 70% of Other Technology peers; modeled value is above 86% 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 2015: $9.0M across 1 filings.
  • Largest single filing was $9.0M on 2015-04-01.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Slate BSI, LLC is one of 21292 Other Technology companies tracked from BALTIMORE. By capital raised it ranks in the upper tier (ahead of 70% of sector peers), and in the upper tier 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
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$125M$250M$375M$500MSeries A · 2015-04-01 Raised $9.0M (real) Modeled valuation $250M (est)$9.0M$250MSeries A2015

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 A$9.0M · 2015

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$249.7M
Base estimate est.
$12.0M
Conservative case
$1.4B
Upside case
$40.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M 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
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
11.3 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
11.3 yr
On record since
2015
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) 2.8× above median
This company$9.0M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.6× above median
This company$9.0M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 6.7× above median
This company$249.7M
Sector median$37.3M

Raised more than 70% of sector peers (real $). Modeled value above 86% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #192 of 789.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Uni-Pixel · Series A Raised $19.4M · modeled $416.1M (est)Exostar Corp · Series A Raised $15.0M · modeled $416.1M (est)FoundationDB, Inc. · Series A Raised $15.0M · modeled $416.1M (est)iDevices, LLC · Series A Raised $25.7M · modeled $416.1M (est)Liaison Technologies, Inc. · Series A Raised $25.9M · modeled $416.1M (est)ikaSystems Corp · Series A Raised $27.5M · modeled $416.1M (est)Rage Frameworks, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Zafin Global Holdings Corp. · Series A Raised $15.0M · modeled $416.1M (est)Olapic, Inc. · Series A Raised $21.3M · modeled $416.1M (est)Lavu Inc · Series A Raised $15.0M · modeled $416.1M (est)Vormetric Inc · Series A Raised $15.0M · modeled $416.1M (est)BlueData Software, Inc. · Series A Raised $19.0M · modeled $416.1M (est)Slate BSI, LLC (this company) Raised $9.0M · modeled $249.7M (est)Slate BSI, LLC
CompanyStageRaised · realValue · estvs peer med.
Uni-PixelSeries A$19.4M$416.1M2.73×
Exostar CorpSeries A$15.0M$416.1M2.73×
FoundationDB, Inc.Series A$15.0M$416.1M2.73×
iDevices, LLCSeries A$25.7M$416.1M2.73×
Liaison Technologies, Inc.Series A$25.9M$416.1M2.73×
ikaSystems CorpSeries A$27.5M$416.1M2.73×
Rage Frameworks, Inc.Series A$15.0M$416.1M2.73×
Zafin Global Holdings Corp.Series A$15.0M$416.1M2.73×
Olapic, Inc.Series A$21.3M$416.1M2.73×
Lavu IncSeries A$15.0M$416.1M2.73×
Vormetric IncSeries A$15.0M$416.1M2.73×
BlueData Software, Inc.Series A$19.0M$416.1M2.73×
Slate BSI, LLC this companySeries A$9.0M$249.7M1.64×
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 A$9.0M2015-04-01$40.9M$249.7M90%
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 A$9.0M2015-04-01
    • First recorded raise — entered as Series A.
Intelligence
Modeled next raise
$14.4M
Modeled next size est.range $9.4M$23.0M
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
J. Parker Davis7 other2015-04
Rick Parker Corcoran1 other2015-04
Erik Parker Ginsberg2015-04
Registry & provenance

Slate BSI, 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
1640041
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
Slate WDS, LLCOtherSeries A$5.0M$75.7Mnetwork2 shared operators · same stage
Appconomy-US, Inc.Other TechnologySeries A$9.0M$249.7Msame sector · same stage
Cain Capital Cryptic, L.P.Other TechnologySeries A$9.0M$249.7Msame sector · same stage
Fpl Enterprises, LlcOther TechnologySeries A$9.0M$249.7Msame sector · same stage
GeoEye, Inc.Other TechnologySeries A$9.0M$249.7Msame sector · same stage
Impactivate Networks, Inc.Other TechnologySeries A$9.0M$249.7Msame sector · same stage
Magic Bookshelf Holdings LtdOther TechnologySeries A$9.0M$249.7Msame sector · same stage
Smashfly Technologies, Inc.Other TechnologySeries A$9.0M$249.7Msame sector · same stage
Frequently asked
How much funding has Slate BSI, LLC raised?
Slate BSI, LLC has raised approximately $9.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Slate BSI, LLC's estimated valuation?
Provath's modeled valuation for Slate BSI, LLC is approximately $249.7M (modeled range $12.0M–$1.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Slate BSI, LLC at?
Slate BSI, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Apr 01.
What does Slate BSI, LLC do and where is it based?
Slate BSI, LLC operates in the Other Technology sector, based in BALTIMORE.
Explore related

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

Is this your company?

If you work at Slate BSI, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.