Diligence memo · auto-generated · as of July 2, 2026

Snapchat Inc

Snapchat Inc looks over-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Snapchat Inc operates in Other Technology, based in VENICE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Snapchat Inc has raised $3.0B in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $1.8B on 2015-02-17.

Most recent recorded round closed around 2015-02-17.

Valuation (modeled)modeled

Provath models Snapchat Inc at approximately $58.9B (range $13.8B–$106.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.41× the median modeled value of Growth/Late Other Technology companies in 2013–2015 (7 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 4 months.

Last raise 11.4 yr ago; this sector typically re-raises about every 13 months.

Silent for over 3× the sector's normal cadence.

The last round was 3.4× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 100% of Other Technology peers (21302 compared).

Modeled value ranks above 100% of those peers.

Closest niche peers: First Data Holdings Inc., Ensemble Holdings, Inc., Delphix Corp., Hsi Holdings I, Inc., Sabre Corp.

Peoplefiled

18 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.