Sovos Co-Invest LP has raised $137M over 8 rounds; too few niche peers to rank its valuation yet.
Raised $137M across 8 disclosed rounds, last modeled as Recurring offerings.
Latest round was 1.0× smaller than the prior — a bridge or down round.
Synthesized from the figures below est. — every claim rests on a number shown on this page.
Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.
Recurring offering issuerhigh confidence
Sovos Co-Invest LP behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.
Issuer structure
Program-like
Frequent filings and follow-ons read more like a securities offering program than discrete startup rounds.
Lifecycle
5.8 yr record
Peak capital year was 2024 with $155.0M across 6 filings.
Market position
ahead of 96% of Investment Vehicle peers
Capital scale is ahead of 96% of Investment Vehicle peers; modeled value is above 87% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
25 dated financing filings, averaging about 2 months apart.
Legal name looks like an issuer vehicle rather than a product company.
No clearly named CEO/founder/principal role in the public records surfaced here.
No verified homepage on the profile yet.
Capital program peaked in 2024: $155.0M across 6 filings.
Largest single filing was $44.4M on 2024-10-21.
Filing rows sum to $344.7M, while canonical raised total is $137.3M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
Read this less like a startup funding journey and more like a capital-raising program.
Stage-based valuation and peer labels have lower applicability for this pattern.
The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Canonical filtering should be tightened before using row-level totals for diligence.
Leadership
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
Where it sits in Investment Vehicle
Sovos Co-Invest LP is one of 1793 Investment Vehicle companies tracked from WILMINGTON. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the upper tier by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
As reported in public records reported — not modeled.
US
Jurisdiction
Rule 506(b)
Reg D exemption
55
Investors (latest)
2020
Year incorporated
2024-10-21
First sale
Amount raised vs valuation, by year
This issuer has a dense recurring filing history, so the chart groups filings by year. Solid bars are annual reported capital reported; hatched bars show the latest modeled value est. observed in that year. Use the toggles to overlay data labels and the niche-peer / market average value lines.
Annual capital raised · realLatest value in year · estCumulative funded · real
Dense history compressed: 25 filings shown as 5 yearly buckets. Hover a bucket for filing count, annual capital, and latest modeled value.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Financing ladder & sequence gaps
This looks like a recurring offering series, so a VC stage ladder would be misleading. Showing the filed offering sequence instead.
Initial offering$31.3M · 2020
Follow-on offering$3.8M · 2021
Follow-on offering$5.5M · 2021
Follow-on offering$8.3M · 2021
Follow-on offering$7.1M · 2021
Follow-on offering$6.3M · 2021
Follow-on offering$8.6M · 2021
Follow-on offering$720K · 2022
Follow-on offering$1.0M · 2023
Follow-on offering$27.0M · 2023
Follow-on offering$2.0M · 2023
Follow-on offering$1.8M · 2023
Follow-on offering$29.1M · 2023
Follow-on offering$300K · 2023
Follow-on offering$18.3M · 2023
Follow-on offering$5.8M · 2023
Follow-on offering$20.6M · 2023
Follow-on offering$7.2M · 2023
Follow-on offering$5.1M · 2023
Follow-on offering$22.8M · 2024
Follow-on offering$23.5M · 2024
Follow-on offering$14.0M · 2024
Follow-on offering$8.1M · 2024
Follow-on offering$44.4M · 2024
Showing first 24 of 25 filings to keep the sequence readable.
Modeled valuation trajectory
$323.3M
Base estimate est.
$171.6M
Conservative case
$471.0M
Upside case
$295.9M
Modeled post-money
This issuer files recurring offerings, so the model treats stage labels as a loose sizing heuristic, not a clean VC ladder. The estimate anchors on reported filing amounts and dates, then applies benchmark dilution, survival, and markup assumptions. Directional, not a quoted figure.
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
2 mo
Avg between rounds
$33.8M/yr
Capital velocity
5.8 yr
On record since
2020
First round
25
Rounds on file
How it compares to the market
Benchmarked against 1793 companies in Investment Vehicle. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Total raised — vs sector median (real $, all stages)▲ 42× above median
This company$137.3M
Sector median$3.2M
Modeled value — vs sector median (estimate, all stages)▲ 13× above median
This company$323.3M
Sector median$25.2M
Raised more than 96% of sector peers (real $). Modeled value above 87% of peers (estimate).
Full financing history
This issuer files too frequently for VC stage labels to be meaningful, so rows are shown as initial/follow-on offerings est. instead of Pre-Seed/Seed/Series buckets.
Stage
Amount · real
Announced
Post-money · est
Value · est
Conf.
Initial offering
$31.3M
2020-09-30
$173.6M
$488.4M
90%
Follow-on offering
$3.8M
2021-11-04
$19.1M
$43.1M
90%
Follow-on offering
$5.5M
2021-11-04
$25.0M
$55.6M
90%
Follow-on offering
$8.3M
2021-11-04
$37.6M
$83.6M
90%
Follow-on offering
$7.1M
2021-11-04
$32.1M
$71.4M
90%
Follow-on offering
$6.3M
2021-11-04
$28.6M
$63.5M
90%
Follow-on offering
$8.6M
2021-11-04
$47.6M
$102.1M
90%
Follow-on offering
$720K
2022-11-28
$4.0M
$6.6M
90%
Follow-on offering
$1.0M
2023-02-08
$5.1M
$7.2M
90%
Follow-on offering
$27.0M
2023-02-08
$150.1M
$236.0M
90%
Follow-on offering
$2.0M
2023-02-08
$11.2M
$17.6M
90%
Follow-on offering
$1.8M
2023-02-08
$8.9M
$12.5M
90%
Follow-on offering
$29.1M
2023-06-22
$161.8M
$232.3M
90%
Follow-on offering
$300K
2023-06-22
$1.7M
$1.9M
90%
Follow-on offering
$18.3M
2023-06-22
$101.7M
$146.0M
90%
Follow-on offering
$5.8M
2023-06-22
$26.4M
$36.0M
90%
Follow-on offering
$20.6M
2023-06-22
$114.2M
$163.9M
90%
Follow-on offering
$7.2M
2023-12-29
$40.1M
$50.7M
90%
Follow-on offering
$5.1M
2023-12-29
$23.4M
$27.3M
90%
Follow-on offering
$22.8M
2024-03-08
$126.4M
$152.2M
90%
Follow-on offering
$23.5M
2024-03-08
$130.4M
$157.1M
90%
Follow-on offering
$14.0M
2024-03-08
$78.0M
$94.0M
90%
Follow-on offering
$8.1M
2024-10-21
$36.7M
$33.6M
90%
Follow-on offering
$44.4M
2024-10-21
$295.9M
$323.3M
90%
Follow-on offering
$42.3M
2024-10-21
$281.9M
$308.0M
90%
What happened at each round
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Initial offering$31.3M2020-09-30
First recorded raise — entered as Initial offering.
14 investors on this round.
Follow-on offering$3.8M2021-11-04
Raised 13 mo later.
Round 8.2× smaller than the prior — bridge or down round.
10 investors on this round.
Follow-on offering$5.5M2021-11-04
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.4× larger than the prior — scaling up.
15 investors on this round.
Follow-on offering$8.3M2021-11-04
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.5× larger than the prior — scaling up.
26 investors on this round.
Follow-on offering$7.1M2021-11-04
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
23 investors on this round.
Follow-on offering$6.3M2021-11-04
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
20 investors on this round.
Follow-on offering$8.6M2021-11-04
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.4× larger than the prior — scaling up.
27 investors on this round.
Follow-on offering$720K2022-11-28
Raised 13 mo later.
Round 11.9× smaller than the prior — bridge or down round.
2 investors on this round.
Follow-on offering$1.0M2023-02-08
Raised 2 mo later.
Round 1.4× larger than the prior — scaling up.
5 investors on this round.
Follow-on offering$27.0M2023-02-08
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 26.5× larger than the prior — scaling up.
7 investors on this round.
Follow-on offering$2.0M2023-02-08
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 13.4× smaller than the prior — bridge or down round.
6 investors on this round.
Follow-on offering$1.8M2023-02-08
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
6 investors on this round.
Follow-on offering$29.1M2023-06-22
Raised 4 mo later.
Round 16.4× larger than the prior — scaling up.
6 investors on this round.
Follow-on offering$300K2023-06-22
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 97.0× smaller than the prior — bridge or down round.
1 investor on this round.
Follow-on offering$18.3M2023-06-22
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 61.0× larger than the prior — scaling up.
4 investors on this round.
Follow-on offering$5.8M2023-06-22
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 3.2× smaller than the prior — bridge or down round.
2 investors on this round.
Follow-on offering$20.6M2023-06-22
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 3.5× larger than the prior — scaling up.
5 investors on this round.
Follow-on offering$7.2M2023-12-29
Raised 6 mo later.
Round 2.8× smaller than the prior — bridge or down round.
26 investors on this round.
Follow-on offering$5.1M2023-12-29
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.4× smaller than the prior — bridge or down round.
13 investors on this round.
Follow-on offering$22.8M2024-03-08
Raised 2 mo later.
Round 4.4× larger than the prior — scaling up.
24 investors on this round.
Follow-on offering$23.5M2024-03-08
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
26 investors on this round.
Follow-on offering$14.0M2024-03-08
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.7× smaller than the prior — bridge or down round.
8 investors on this round.
Follow-on offering$8.1M2024-10-21
Raised 7 mo later.
Round 1.7× smaller than the prior — bridge or down round.
21 investors on this round.
Follow-on offering$44.4M2024-10-21
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 5.5× larger than the prior — scaling up.
63 investors on this round.
Follow-on offering$42.3M2024-10-21
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
55 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~2mo cadence
$42.3M
Modeled next size est.range $42.3M–$67.7M
1.0×
Last step-up
$33.8M/yr
Capital velocity
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Key people & operators
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
Sovos Co-Invest LP is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
United States
Country of record
US
Jurisdiction
1828449
SEC CIK
2020
Incorporated
Similar companies
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
Sovos Co-Invest LP has raised approximately $137.3M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Sovos Co-Invest LP's estimated valuation?
Provath's modeled valuation for Sovos Co-Invest LP is approximately $323.3M (modeled range $171.6M–$471.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sovos Co-Invest LP at?
Sovos Co-Invest LP shows a recurring offering pattern rather than a clean VC stage progression. Its most recent recorded round closed around Mon Oct 21.
What does Sovos Co-Invest LP do and where is it based?
Sovos Co-Invest LP operates in the Investment Vehicle sector, based in WILMINGTON.
Explore related
See where Sovos Co-Invest LP sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Sovos Co-Invest LP, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.