Diligence memo · auto-generated · as of July 2, 2026
Steelhead Technologies, Inc.
Steelhead Technologies, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Steelhead Technologies, Inc. operates in Software / Tech, based in Calumet.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Steelhead Technologies, Inc. has raised $23M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2024-11-01.
Most recent recorded round closed around 2024-11-01.
Valuation (modeled)modeled
Provath models Steelhead Technologies, Inc. at approximately $60M (range $17M–$120M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.19× the median modeled value of Series A Software / Tech companies in 2022–2024 (413 peers) — value vs value, same stage and era. Within the normal band (119% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 20 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Software / Tech peers (3920 compared).
Modeled value ranks above 62% of those peers.
Closest niche peers: Solidblock Holdings LLC Detox Digital Series, inFeedo Tech Inc., Red Leader Technologies, Inc., Mocha Technologies Inc., Isometric 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.