Diligence memo · auto-generated · as of July 2, 2026
Software Is Correct Inc.
Software Is Correct Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Software Is Correct Inc. operates in Software / Tech, based in Palo Alto.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Software Is Correct Inc. has raised $73M 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: $52M on 2018-10-16.
Most recent recorded round closed around 2018-10-16.
Valuation (modeled)modeled
Provath models Software Is Correct Inc. at approximately $1.6B (range $198M–$4.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.04× the median modeled value of Series C Software / Tech companies in 2016–2018 (22 peers) — value vs value, same stage and era. Within the normal band (104% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 7.7 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Software / Tech peers (3920 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: Concierge Technologies Inc, Sauce Labs Inc, Peloton Technology, Inc., Liquidmetal Technologies Inc, Xirgo Technologies Intermediate Holdings, LLC.
Peoplefiled
6 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.