Diligence memo · auto-generated · as of July 2, 2026
SmartSky New HoldCo, LLC
SmartSky New HoldCo, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
SmartSky New HoldCo, 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 New HoldCo, LLC has raised $116M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $89M on 2021-08-10.
Most recent recorded round closed around 2022-06-03.
Valuation (modeled)modeled
Provath models SmartSky New HoldCo, LLC at approximately $344M (range $101M–$697M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.55× the median modeled value of Series C Telecommunications companies in 2022–2024 (8 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 4.1 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 93% of Telecommunications peers (929 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: Clickatell Corp, Crosstown Fiber Holdings LLC, Flr Grants, Inc., Ribbon Communications Inc., Main Line Sports Assets, Inc..
Peoplefiled
9 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.