Companies · Other Technology

States Title Holding, Inc.

SAN FRANCISCO · Other Technology

Diligence memoA one-page analyst read on States Title Holding, Inc. — recommendation, valuation, rhythm, risks.
$310.9M
Total raised · real
3
Rounds
1.8×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Thu Dec 05 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

States Title Holding, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.39× the median modeled value of Series D+ Other Technology companies in 2019–2021 (105 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.6 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

States Title Holding, Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
7.5 yr record
Peak capital year was 2019 with $310.9M across 3 filings.
Market position
ahead of 99% of Other Technology peers
Capital scale is ahead of 99% of Other Technology peers; modeled value is above 97% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $310.9M across 3 filings.
  • Largest single filing was $240.0M on 2019-01-07.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

States Title Holding, Inc. is one of 21292 Other Technology companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2018
Year incorporated
2019-12-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5B$5.0B$7.5B$10.0BSeries D+ · 2019-01-07 Raised $240M (real) Modeled valuation $7.6B (est)$240M$7.6BSeries D+2019Series D+ · 2019-06-17 Raised $25M (real) Modeled valuation $791M (est)$25M$791MSeries D+2019Series D+ · 2019-12-05 Raised $46M (real) Modeled valuation $1.5B (est)$46M$1.5BSeries D+2019+$25M+$46MCumulative $311M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$240.0M · 2019
Series D+ extension$25.0M · 2019
Series D+ extension$45.9M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$1.5B
Base estimate est.
$255.0M
Conservative case
$3.2B
Upside case
$382.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series D+ · modeled $7.6B · 2019-01-072019Series D+ · modeled $790.8M · 2019-06-17Series D+ · modeled $1.5B · 2019-12-052019
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
6.0 yr
Elapsed time used
6.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$342.1M/yr
Capital velocity
7.5 yr
On record since
2019
First round
3
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 98× above median
This company$310.9M
Sector median$3.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.4× of median
This company$45.9M
Sector median$115.0M
Modeled value — vs sector median (estimate, all stages) 39× above median
This company$1.5B
Sector median$37.3M

Raised more than 99% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #94 of 105.

This companyCohort peer
$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Dataminr, Inc. · Series D+ Raised $911.6M · modeled $10.4B (est)2U, Inc. · Series D+ Raised $410.2M · modeled $10.2B (est)KnowBe4, Inc. · Series D+ Raised $384.2M · modeled $9.8B (est)Automation Anywhere, Inc. · Series D+ Raised $290.0M · modeled $9.2B (est)Courier Plus, Inc. · Series D+ Raised $323.7M · modeled $8.6B (est)Microsoft Corp · Series D+ Raised $270.3M · modeled $8.5B (est)FCID Holdings, Inc. · Series D+ Raised $289.1M · modeled $8.2B (est)RigUp, Inc. · Series D+ Raised $771.7M · modeled $8.0B (est)Freshworks Inc. · Series D+ Raised $439.6M · modeled $7.9B (est)Turo Inc. · Series D+ Raised $446.8M · modeled $7.9B (est)Unqork Inc. · Series D+ Raised $364.2M · modeled $7.7B (est)Automattic Inc. · Series D+ Raised $815.7M · modeled $7.5B (est)States Title Holding, Inc. (this company) Raised $310.9M · modeled $1.5B (est)States Title Holding, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dataminr, Inc.Series D+$911.6M$10.4B2.78×
2U, Inc.Series D+$410.2M$10.2B2.73×
KnowBe4, Inc.Series D+$384.2M$9.8B2.61×
Automation Anywhere, Inc.Series D+$290.0M$9.2B2.44×
Courier Plus, Inc.Series D+$323.7M$8.6B2.28×
Microsoft CorpSeries D+$270.3M$8.5B2.26×
FCID Holdings, Inc.Series D+$289.1M$8.2B2.18×
RigUp, Inc.Series D+$771.7M$8.0B2.14×
Freshworks Inc.Series D+$439.6M$7.9B2.11×
Turo Inc.Series D+$446.8M$7.9B2.11×
Unqork Inc.Series D+$364.2M$7.7B2.06×
Automattic Inc.Series D+$815.7M$7.5B1.99×
States Title Holding, Inc. this companySeries D+$310.9M$1.5B0.39×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$240.0M2019-01-07$2.0B$7.6B90%
Series D+$25.0M2019-06-17$208.3M$790.8M90%
Series D+$45.9M2019-12-05$382.6M$1.5B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$240.0M2019-01-07
    • First recorded raise — entered as Series D+.
    • 25 investors on this round.
  2. Series D+$25.0M2019-06-17
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 9.6× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  3. Series D+$45.9M2019-12-05
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 6 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~5mo cadence
$84.3M
Modeled next size est.range $54.8M$134.9M
1.8×
Last step-up
$342.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Charles Moldow11 other2019-01
Adrian Jones5 other2019-01
Karen Richardson4 other2019-12
Eric Feder2 other2019-01
Eric Watson2 other2019-12
Lawrence Summers2 other2019-12
Stuart Miller1 other2019-01
Christopher Morrison2019-06
Dominic Fahey2019-06
Emilio Fernandez2019-06
Frederick Parker2019-06
Jefferson Howeth2019-01
Jerry Jenkins2019-06
Justin Albstein2019-06
Lora Osterloh2019-06
Mary Marshall2019-06
Matt Zames2019-01
Maxwell Simkoff2019-01
Noaman Ahmad2019-01
Richard Greiwe2019-01
Registry & provenance

States Title Holding, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1764250
SEC CIK
2018
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
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Braze, Inc.Other TechnologySeries D+$289.5M$1.3Bsame sector · same stage
Concur Technologies IncOther TechnologySeries D+$335.5M$1.4Bsame sector · same stage
o9 Solutions, Inc.Other TechnologySeries D+$341.0M$1.7Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
States Title, Inc.Other TechnologySeries A$283.4M94%
Titles, Inc.Other TechnologySeries A$59.4M88%
IT Holding Company, LLCOther TechnologySeed$22.5M87%
Eventual Holding Inc.Other TechnologySeries A$19.3M87%
Core.X Holdco, LLCOther TechnologySeed$11.1M85%
Dla Holdco, LlcOther TechnologySeed$22.2M85%
One True Holding CoOther TechnologySeries C$870.5M84%
Tomorrow Holding LLCOther TechnologySeries A$3.3M84%
Frequently asked
How much funding has States Title Holding, Inc. raised?
States Title Holding, Inc. has raised approximately $310.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is States Title Holding, Inc.'s estimated valuation?
Provath's modeled valuation for States Title Holding, Inc. is approximately $1.5B (modeled range $255.0M–$3.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is States Title Holding, Inc. at?
States Title Holding, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Thu Dec 05.
What does States Title Holding, Inc. do and where is it based?
States Title Holding, Inc. operates in the Other Technology sector, based in SAN FRANCISCO.
Explore related

See where States Title Holding, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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