Diligence memo · auto-generated · as of July 2, 2026
Spline, Inc.
Spline, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Spline, Inc. operates in Other Technology, based in BROOKLYN, VA, USA; Remote. Design and collaborate in multiple dimensions.
Sub-sector tags: Artificial Intelligence, Design Tools, AR.
Capital & rounds (filed)filed
Spline, Inc. has raised $16M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2024-06-27.
Most recent recorded round closed around 2024-06-27.
Valuation (modeled)modeled
Provath models Spline, Inc. at approximately $120M (range $39M–$216M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.56× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 2.0 yr ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 80% of Other Technology peers (21302 compared).
Modeled value ranks above 75% of those peers.
Closest niche peers: Contabilizei Co, Skan, Inc., Design Barn Inc., SKAEL, Inc., Maze.Design, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.