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

State Space Labs, Inc.

State Space Labs, Inc. 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

State Space Labs, Inc. operates in Software / Tech, based in NEW YORK.

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

Capital & rounds (filed)filed

State Space Labs, Inc. has raised $102M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $49M on 2021-09-02.

Most recent recorded round closed around 2025-01-15.

Valuation (modeled)modeled

Provath models State Space Labs, Inc. at approximately $120M (range $57M–$170M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.33× the median modeled value of Series C Software / Tech companies in 2025–2027 (39 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 17 months.

Last raise 18 mo ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

The last round was 3.2× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 95% of Software / Tech peers (3920 compared).

Modeled value ranks above 75% of those peers.

Closest niche peers: Clay Labs Inc., Alembic Technologies, Inc., Federato Technologies, Inc., Digital LinkBridge CO, Parler Technologies, Inc..

Peoplefiled

6 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.