Companies · Fintech

Summit Pay, Inc.New on the radar

NASHVILLE · Fintech · refined from filed group “Other

Diligence memoA one-page analyst read on Summit Pay, Inc. — recommendation, valuation, rhythm, risks.
$11.9M
Total raised · real
1
Rounds
Latest step-up
Top 12%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jan 28 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Summit Pay, Inc. looks over-valued against its niche peers and is active on financing cadence.

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

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

Over-valued
  • Modeled value is 1.89× the median modeled value of Series A Fintech companies in 2025–2027 (18 peers) — value vs value, same stage and era.
Active
  • Last raise 5 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Fintech

Summit Pay, Inc. is one of 1063 Fintech companies tracked from NASHVILLE. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and in the upper tier 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
1
Investors (latest)
2024
Year incorporated
2026-01-28
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$13M$25M$38M$50MSeries A · 2026-01-28 Raised $12M (real) Modeled valuation $34M (est)$12M$34MSeries A2026

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 A$11.9M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$34.1M
Base estimate est.
$15.6M
Conservative case
$51.3M
Upside case
$54.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.51×/yr
Annual markup
1.90×/yr upside case
0.4 yr
Elapsed time used
0.4 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.4 yr
On record since
2026
First round
New
First-time filer
How it compares to the market

Benchmarked against 1063 companies in Fintech. 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) 2.8× above median
This company$11.9M
Sector median$4.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.0× above median
This company$11.9M
Sector median$6.1M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$34.1M
Sector median$45.0M

Raised more than 89% of sector peers (real $). Modeled value above 80% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #5 of 18.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Money Fellows · Series A Raised $13.0M · modeled $50.2M (est)Raenest · Series A Raised $11.0M · modeled $46.7M (est)Wildlife Partners Raleigh Wealth Solutions EBP 2 · Series A Raised $11.0M · modeled $45.7M (est)Lending Market Technology Inc. · Series A Raised $12.9M · modeled $44.3M (est)Forest City Trading Group, LLC · Series A Raised $65.8M · modeled $33.0M (est)Straddle Payments, Inc. · Series A Raised $9.0M · modeled $30.2M (est)Soteris, Inc. · Series A Raised $8.0M · modeled $29.6M (est)Fondeadora, Inc. · Series A Raised $30.1M · modeled $18.8M (est)Suma Wealth, Inc. · Series A Raised $8.9M · modeled $17.4M (est)HoneyCoin · Series A Raised $4.9M · modeled $16.9M (est)Payment Box, Inc. · Series A Raised $5.0M · modeled $14.1M (est)Summit Pay, Inc. (this company) Raised $11.9M · modeled $34.1M (est)Summit Pay, Inc.
CompanyStageRaised · realValue · estvs peer med.
Money FellowsSeries A$13.0M$50.2M2.78×
RaenestSeries A$11.0M$46.7M2.58×
Wildlife Partners Raleigh Wealth Solutions EBP 2Series A$11.0M$45.7M2.53×
Lending Market Technology Inc.Series A$12.9M$44.3M2.45×
Summit Pay, Inc. this companySeries A$11.9M$34.1M1.89×
Forest City Trading Group, LLCSeries A$65.8M$33.0M1.82×
Straddle Payments, Inc.Series A$9.0M$30.2M1.67×
Soteris, Inc.Series A$8.0M$29.6M1.64×
Fondeadora, Inc.Series A$30.1M$18.8M1.04×
Suma Wealth, Inc.Series A$8.9M$17.4M0.96×
HoneyCoinSeries A$4.9M$16.9M0.94×
Payment Box, Inc.Series A$5.0M$14.1M0.78×
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 A$11.9M2026-01-28$54.3M$34.1M90%
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 A$11.9M2026-01-28
    • First recorded raise — entered as Series A.
    • 1 investor on this round.
Intelligence
Modeled next raise
$19.1M
Modeled next size est.range $12.4M$30.6M
Last step-up
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
Thomas Cecil2 other2026-01
Chris Sudgen2026-01
Riley Lovingood2026-01
Registry & provenance

Summit Pay, 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
2111213
SEC CIK
2024
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
Runa, LLCFintechSeries A$12.1M$51.9Msame sector · same stage
Lending Market Technology Inc.FintechSeries A$12.9M$44.3Msame sector · same stage
RaenestFintechSeries A$11.0M$46.7Msame sector · same stage
Wildlife Partners Raleigh Wealth Solutions EBP 2FintechSeries A$11.0M$45.7Msame sector · same stage
Money FellowsFintechSeries A$13.0M$50.2Msame sector · same stage
Kappa Pay Inc.FintechSeries A$10.7M$52.9Msame sector · same stage
Glint Pay LtdFintechSeries A$13.6M$3.0Msame sector · same stage
Starfi Trading Financial Group LTDFintechSeries A$10.0M$47.8Msame 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
Pay-i IncFintechSeed$17.9M86%
Castle Pay, Inc.FintechSeed$25.0M84%
Buoy Pay Inc.FintechPre-Seed$9.9M84%
Circuit Pay, Inc.FintechPre-Seed$730K83%
Buoy Pay I, LLCFintechPre-Seed$9.7M83%
Spyn Pay, Inc.FintechPre-Seed$17.5M83%
Marble Pay, Inc.FintechSeries A$45.8M83%
Kappa Pay Inc.FintechSeries A$52.9M82%
Frequently asked
How much funding has Summit Pay, Inc. raised?
Summit Pay, Inc. has raised approximately $11.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Summit Pay, Inc.'s estimated valuation?
Provath's modeled valuation for Summit Pay, Inc. is approximately $34.1M (modeled range $15.6M–$51.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Summit Pay, Inc. at?
Summit Pay, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jan 28.
What does Summit Pay, Inc. do and where is it based?
Summit Pay, Inc. operates in the Fintech sector, based in NASHVILLE.
Explore related

See where Summit Pay, 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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