Diligence memo · auto-generated · as of July 3, 2026
SmartSky Networks, LLC
SmartSky Networks, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
SmartSky Networks, LLC operates in Telecommunications, based in Morrisville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
SmartSky Networks, LLC has raised $235M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $176M on 2017-02-02.
Most recent recorded round closed around 2018-09-14.
Valuation (modeled)modeled
Provath models SmartSky Networks, LLC at approximately $861M (range $237M–$1.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.39× the median modeled value of Series D+ Telecommunications companies in 2016–2018 (9 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 7.8 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Telecommunications peers (929 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: IWG Holdings, LLC, Trident Private Holdings III, LLC, GTCR Onvoy Holdings LLC, INFINERA Corp, MIV Greeneden LP Holding SCA.
Peoplefiled
24 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.