Companies · Other Technology

sp0n, Inc.

NEW YORK · Other Technology

Diligence memoA one-page analyst read on sp0n, Inc. — recommendation, valuation, rhythm, risks.
$116.7M
Total raised · real
3
Rounds
0.4×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Fri Dec 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

sp0n, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.39× the median modeled value of Series C Other Technology companies in 2022–2024 (187 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.
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 Other Technology

sp0n, Inc. is one of 21292 Other Technology companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 97% 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
6
Investors (latest)
2024-12-20
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries A · 2017-06-02 Raised $12M (real) Modeled valuation $337M (est)$12M$337MSeries A2017Series C · 2020-12-17 Raised $73M (real) Modeled valuation $2.0B (est)$73M$2.0BSeries C2020Series C · 2024-12-20 Raised $32M (real) Modeled valuation $258M (est)$32M$258MSeries C2024+$73M+$32MCumulative $117M

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
Series A$12.2M · 2017
Series C$72.7M · 2020no Series B on file
Series C extension$31.9M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$258.1M
Base estimate est.
$120.8M
Conservative case
$367.5M
Upside case
$212.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series A · modeled $337.3M · 2017-06-022017Series C · modeled $2.0B · 2020-12-17Series C · modeled $258.1M · 2024-12-202024
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
45 mo
Avg between rounds
$15.5M/yr
Capital velocity
9.1 yr
On record since
2017
First round
3
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 37× above median
This company$116.7M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.6× of median
This company$31.9M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 6.9× above median
This company$258.1M
Sector median$37.3M

Raised more than 97% of sector peers (real $). Modeled value above 86% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #155 of 187.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)LinkSquares, Inc. · Series C Raised $160.2M · modeled $1.9B (est)Semperis Ltd. · Series C Raised $130.0M · modeled $1.8B (est)Veev Group, Inc. · Series C Raised $94.5M · modeled $1.8B (est)GPI Acquisitions, Inc. · Series C Raised $175.0M · modeled $1.7B (est)DVX Ventures LLC · Series C Raised $119.8M · modeled $1.5B (est)Ncr Corp · Series C Raised $73.7M · modeled $1.5B (est)RelationalAI, Inc. · Series C Raised $74.0M · modeled $1.4B (est)Nantero Inc · Series C Raised $172.9M · modeled $1.4B (est)MoEngage, Inc. · Series C Raised $172.2M · modeled $1.4B (est)H2scan Corp · Series C Raised $83.2M · modeled $1.4B (est)ITsavvy Holdings, LLC · Series C Raised $81.4M · modeled $1.4B (est)Coherent Group Inc. · Series C Raised $74.0M · modeled $1.3B (est)sp0n, Inc. (this company) Raised $116.7M · modeled $258.1M (est)sp0n, Inc.
CompanyStageRaised · realValue · estvs peer med.
LinkSquares, Inc.Series C$160.2M$1.9B2.80×
Semperis Ltd.Series C$130.0M$1.8B2.74×
Veev Group, Inc.Series C$94.5M$1.8B2.71×
GPI Acquisitions, Inc.Series C$175.0M$1.7B2.47×
DVX Ventures LLCSeries C$119.8M$1.5B2.27×
Ncr CorpSeries C$73.7M$1.5B2.19×
RelationalAI, Inc.Series C$74.0M$1.4B2.07×
Nantero IncSeries C$172.9M$1.4B2.06×
MoEngage, Inc.Series C$172.2M$1.4B2.05×
H2scan CorpSeries C$83.2M$1.4B2.03×
ITsavvy Holdings, LLCSeries C$81.4M$1.4B2.03×
Coherent Group Inc.Series C$74.0M$1.3B2.02×
sp0n, Inc. this companySeries C$116.7M$258.1M0.39×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$12.2M2017-06-02$55.3M$337.3M90%
Series C$72.7M2020-12-17$484.6M$2.0B90%
Series C$31.9M2024-12-20$212.5M$258.1M90%
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.

  1. Series A$12.2M2017-06-02
    • First recorded raise — entered as Series A.
    • 32 investors on this round.
  2. Series C$72.7M2020-12-17
    • Raised again after 43 mo — slower than the ~13 mo sector norm.
    • Round 6.0× larger than the prior — scaling up.
    • 27 investors on this round.
  3. Series C$31.9M2024-12-20
    • Raised again after 48 mo — slower than the ~13 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2028 ~Q3
Modeled next raise · ~45mo cadence
$31.9M
Modeled next size est.range $31.9M$51.0M
0.4×
Last step-up
$15.5M/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.

PersonRoleAlso runsTied since
Dana Settle11 other2024-12
Chi-Hua Chien5 other2024-12
Jake Medwell5 other2024-12
Andrew Frame1 other2017-06
Mike Vernal1 other2017-06
Prem Akkaraju1 other2024-12
William Bratton1 other2020-12
Chris Lindenau2024-12
Dana Cohen Settle2020-12
Joe Cohen Lonsdale2020-12
Mike Cohen Vernal2020-12
Yael Cohen Braun2020-12
Registry & provenance

sp0n, Inc. 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
1708961
SEC CIK
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.

CompanySectorStageRaised · realValue · estWhy similar
EBTH, Inc.Other TechnologySeries C$90.3M$589.7Mnetwork1 shared operator · same sector · same stage
Zumper, Inc.Other TechnologySeries C$172.2M$575.3Mnetwork1 shared operator · same sector · same stage
Dosh LLCOther TechnologySeries C$58.9M$1.4Bnetwork1 shared operator · same sector · same stage
Movandi CorpOther TechnologySeries C$116.3M$266.0Msame sector · same stage
Thrive Market, Inc.Other TechnologySeries D+$144.0M$3.5Bnetwork1 shared operator · same sector
Art.sy, Inc.Other TechnologySeries C$122.6M$239.4Msame sector · same stage
Unmanned Innovation Inc.Other TechnologySeries C$100.9M$267.1Msame sector · same stage
Nozomi Networks, Inc.Other TechnologySeries C$136.9M$278.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
n0, Inc.Other TechnologySeries A$14.0M88%
Spidr Inc.Other TechnologySeed$6.0M87%
Spekit Inc.Other TechnologySeries B$705.7M86%
SPeerz, Inc.Other TechnologyPre-Seed$6.6M86%
F0cal, Inc.Other TechnologySeed$39.2M85%
Sprimo, Inc.Other TechnologyPre-Seed$4.2M85%
MC10, Inc.Other TechnologySeries B$75.2M85%
Spero Devices, Inc.Other TechnologySeed$38.0M85%
Frequently asked
How much funding has sp0n, Inc. raised?
sp0n, Inc. has raised approximately $116.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is sp0n, Inc.'s estimated valuation?
Provath's modeled valuation for sp0n, Inc. is approximately $258.1M (modeled range $120.8M–$367.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is sp0n, Inc. at?
sp0n, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Dec 20.
What does sp0n, Inc. do and where is it based?
sp0n, Inc. operates in the Other Technology sector, based in NEW YORK.
Explore related

See where sp0n, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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