Diligence memo · auto-generated · as of July 2, 2026
Spime, Inc.
Spime, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Spime, Inc. operates in Other Technology, based in NEWARK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Spime, Inc. has raised $3.9M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.3M on 2007-06-28.
Most recent recorded round closed around 2009-06-30.
Valuation (modeled)modeled
Provath models Spime, Inc. at approximately $20M (range $512K–$155M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.29× the median modeled value of Seed Other Technology companies in 2007–2009 (266 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 24 months.
Last raise 17.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 5.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 54% of Other Technology peers (21302 compared).
Modeled value ranks above 36% of those peers.
Closest niche peers: Camero Inc, Ethertronics Inc, INTEMATIX Corp, Noteworthy Medical Systems Inc, Gear Six Inc.
Peoplefiled
2 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.