Diligence memo · auto-generated · as of July 2, 2026
Smartprocure, Inc.
Smartprocure, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Smartprocure, Inc. operates in Business Services, based in DEERFIELD BEACH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Smartprocure, Inc. has raised $19M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2014-07-01.
Most recent recorded round closed around 2016-07-01.
Valuation (modeled)modeled
Provath models Smartprocure, Inc. at approximately $62M (range $4.2M–$337M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.50× the median modeled value of Series A Business Services companies in 2016–2018 (45 peers) — value vs value, same stage and era. Issuer reports $1M–$5M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 10.0 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 89% of Business Services peers (2439 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Portable Holding Corp, Rise Interactive Media & Analytics, LLC, Karmic Labs, Inc., Auxo Management, L.P., FattMerchant, Inc..
Peoplefiled
7 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.