Diligence memo · auto-generated · as of July 2, 2026

Starburst Labs, Inc.

Starburst Labs, Inc. looks fair against its niche peers and is active on financing cadence.

SourceRaising on rhythm with a 10.2× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Starburst Labs, Inc. operates in Software / Tech, based in PROVIDENCE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Starburst Labs, Inc. has raised $178M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $153M on 2025-07-18.

Most recent recorded round closed around 2025-07-18.

Valuation (modeled)modeled

Provath models Starburst Labs, Inc. at approximately $1.3B (range $848M–$1.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.99× the median modeled value of Series D+ Software / Tech companies in 2025–2027 (22 peers) — value vs value, same stage and era. Within the normal band (99% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 26 months.

Last raise 11 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 10.2× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 98% of Software / Tech peers (3920 compared).

Modeled value ranks above 97% of those peers.

Closest niche peers: Saronic Technologies, Inc., Mercor.io Corp, Clearwater Analytics Holdings, Inc., Mercury Technologies, Inc., Bitmine Immersion Technologies, Inc..

Peoplefiled

13 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.