Companies · Software / Tech

SPAR Technology Corp

West Hollywood · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on SPAR Technology Corp — recommendation, valuation, rhythm, risks.
$1.7M
Total raised · real
1
Rounds
1.7×
Latest step-up
Top 70%
Sector rank · raised
Seed
Latest stage · inferred · Thu Dec 28 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

SPAR Technology Corp looks fair against its niche peers and is dormant 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.

Fair
  • Modeled value is 0.86× the median modeled value of Seed Software / Tech companies in 2016–2018 (229 peers) — value vs value, same stage and era.
  • Within the normal band (86% of peer median) for its niche.
Dormant
  • Last raise 8.5 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Software / Tech

SPAR Technology Corp is one of 3920 Software / Tech companies tracked from West Hollywood. By capital raised it ranks in the long tail (ahead of 31% of sector peers), and mid-pack 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(c)
Reg D exemption
13
Investors (latest)
2016
Year incorporated
2017-12-28
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$25M$50M$75M$100MPre-Seed · 2017-12-28 Raised $1000K (real) Modeled valuation $42M (est)$1000K$42MPre-Seed2017Seed · 2017-12-28 Raised $1.7M (real) Modeled valuation $59M (est)$1.7M$59MSeed2017+$1.7MCumulative $2.7M

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
Pre-Seed$1000K · 2017
Seed$1.7M · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$58.8M
Base estimate est.
$1.5M
Conservative case
$461.0M
Upside case
$8.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $42.4M · 2017-12-282017Seed · modeled $58.8M · 2017-12-282017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
6.0 yr
Elapsed time used
8.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.5 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 0.4× of median
This company$1.7M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.7M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 1.6× above median
This company$58.8M
Sector median$36.6M

Raised more than 31% of sector peers (real $). Modeled value above 61% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #131 of 229.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Digital Sandbox, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Gigajot Technology, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Newman Cloud, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Vetica Labs, Inc. · Seed Raised $4.6M · modeled $136.3M (est)Privacy Labs, Inc. · Seed Raised $4.0M · modeled $136.3M (est)GoCo.IO, Inc. · Seed Raised $5.8M · modeled $135.2M (est)Risk Labs · Seed Raised $3.9M · modeled $132.9M (est)Eventador Labs, Inc. · Seed Raised $3.9M · modeled $131.9M (est)Pillar Technologies, Inc. · Seed Raised $3.7M · modeled $126.0M (est)VIIAD Systems, LLC · Seed Raised $3.7M · modeled $124.9M (est)LightRiver Software, Inc. · Seed Raised $3.5M · modeled $119.3M (est)Cambridge Technologies LLC · Seed Raised $3.5M · modeled $119.3M (est)SPAR Technology Corp (this company) Raised $1.7M · modeled $58.8M (est)SPAR Technology Corp
CompanyStageRaised · realValue · estvs peer med.
Digital Sandbox, Inc.Seed$4.0M$136.3M2.00×
Gigajot Technology, Inc.Seed$4.0M$136.3M2.00×
Newman Cloud, Inc.Seed$4.0M$136.3M2.00×
Vetica Labs, Inc.Seed$4.6M$136.3M2.00×
Privacy Labs, Inc.Seed$4.0M$136.3M2.00×
GoCo.IO, Inc.Seed$5.8M$135.2M1.98×
Risk LabsSeed$3.9M$132.9M1.95×
Eventador Labs, Inc.Seed$3.9M$131.9M1.94×
Pillar Technologies, Inc.Seed$3.7M$126.0M1.85×
VIIAD Systems, LLCSeed$3.7M$124.9M1.83×
LightRiver Software, Inc.Seed$3.5M$119.3M1.75×
Cambridge Technologies LLCSeed$3.5M$119.3M1.75×
SPAR Technology Corp this companySeed$1.7M$58.8M0.86×
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.
Pre-Seed$1000K2017-12-28$5.6M$42.4M90%
Seed$1.7M2017-12-28$8.6M$58.8M90%
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. Pre-Seed$1000K2017-12-28
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Seed$1.7M2017-12-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 13 investors on this round.
Intelligence
Modeled next raise
$3.0M
Modeled next size est.range $1.9M$4.8M
1.7×
Last step-up
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
Blake Masters2017-12
Kyle Kirchhoff2017-12
Matthew Whittaker2017-12
Ryan Romanchuk2017-12
Registry & provenance

SPAR Technology Corp 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
1727383
SEC CIK
2016
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.

CompanySectorStageRaised · realValue · estWhy similar
Applied Levitation Systems LLCSoftware / TechSeed$1.7M$58.8Msame sector · same stage
Tylt Technologies Inc.Software / TechSeed$1.7M$46.0Msame sector · same stage
Performance Vision Technologies, Inc.Software / TechSeed$1.7M$44.2Msame sector · same stage
BC Platforms AGSoftware / TechSeed$1.7M$58.2Msame sector · same stage
Gobi Technologies Inc.Software / TechSeed$1.7M$57.9Msame sector · same stage
Kopa Technologies Inc.Software / TechSeed$1.7M$57.9Msame sector · same stage
Pareto Labs, LLCSoftware / TechSeed$1.7M$57.9Msame sector · same stage
Suspension Systems Technologies, LLCSoftware / TechSeed$1.7M$57.9Msame 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
Spar Systems Inc.Software / TechPre-Seed$2.1M97%
Sparq Labs, Inc.Software / TechSeries B$224.0M90%
Postr Technologies, Inc.Software / TechSeed$4.6M89%
Spakl Tech, Inc.Software / TechSeries A$39.5M88%
Levr Labs IncSoftware / TechSeed$10.2M85%
Parler Technologies, Inc.Software / TechSeries C$611.2M85%
Dor Technologies, Inc.Software / TechSeed$110.7M84%
Fuelster Technologies, Inc.Software / TechPre-Seed$16.8M83%
Frequently asked
How much funding has SPAR Technology Corp raised?
SPAR Technology Corp has raised approximately $1.7M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is SPAR Technology Corp's estimated valuation?
Provath's modeled valuation for SPAR Technology Corp is approximately $58.8M (modeled range $1.5M–$461.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is SPAR Technology Corp at?
SPAR Technology Corp's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Dec 28.
What does SPAR Technology Corp do and where is it based?
SPAR Technology Corp operates in the Software / Tech sector, based in West Hollywood.
Explore related

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

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