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

StartEngine Private Series 24-2

StartEngine Private Series 24-2 looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

StartEngine Private Series 24-2 operates in Other, based in BURBANK.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

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

Capital & rounds (filed)filed

StartEngine Private Series 24-2 has raised $247K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $247K on 2024-10-31.

Most recent recorded round closed around 2024-10-31.

Valuation (modeled)modeled

Provath models StartEngine Private Series 24-2 at approximately $856K (range $165K–$2.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.42× the median modeled value of Pre-Seed Other companies in 2022–2024 (1723 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 20 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 11% of Other peers (25015 compared).

Modeled value ranks above 5% of those peers.

Closest niche peers: El American Inc., AEA Hope, LLC, Joy Milk Tea Inc., Manage Mindfully, Inc., ValiDateMe LLC.

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.