Diligence memo · auto-generated · as of July 2, 2026
STS Media Inc dba FreedomPop
STS Media Inc dba FreedomPop looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
STS Media Inc dba FreedomPop operates in Other Technology, based in LOS ANGELES.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
STS Media Inc dba FreedomPop has raised $82M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $36M on 2015-06-02.
Most recent recorded round closed around 2015-06-02.
Valuation (modeled)modeled
Provath models STS Media Inc dba FreedomPop at approximately $1.1B (range $88M–$4.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.89× the median modeled value of Series B Other Technology companies in 2013–2015 (321 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 11.1 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 96% of Other Technology peers (21302 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: PlanSource Holdings, Inc., Transphorm, Inc., Skyhigh Networks, Inc., Misfit Wearables Corp, Veracode Inc.
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.