Companies · Other

Sun Basket, Inc.

SAN JOSE · Other

Diligence memoA one-page analyst read on Sun Basket, Inc. — recommendation, valuation, rhythm, risks.
$112.0M
Total raised · real
5
Rounds
0.7×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Fri Mar 22 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Sun Basket, 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.

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 0.63× the median modeled value of Series C Other companies in 2019–2021 (190 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.3 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

Sun Basket, Inc. is one of 25008 Other companies tracked from SAN JOSE. By capital raised it ranks among the largest (ahead of 97% 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
14
Investors (latest)
2019-03-22
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$250M$500M$750M$1.0BSeries A · 2016-06-24 Raised $15M (real) Modeled valuation $227M (est)$15M$227MSeries A2016Series A · 2017-02-02 Raised $15M (real) Modeled valuation $227M (est)$15M$227MSeries A2017Series A · 2017-04-28 Raised $9.2M (real) Modeled valuation $139M (est)$9.2M$139MSeries A2017Series C · 2017-11-13 Raised $43M (real) Modeled valuation $734M (est)$43M$734MSeries C2017Series C · 2019-03-22 Raised $30M (real) Modeled valuation $514M (est)$30M$514MSeries C2019+$15M+$9.2M+$43M+$30MCumulative $112M

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$15.0M · 2016
Series A extension$15.0M · 2017
Series A extension$9.2M · 2017
Series C$42.8M · 2017no Series B on file
Series C extension$30.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$514.4M
Base estimate est.
$116.0M
Conservative case
$1.4B
Upside case
$200.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $227.0M · 2016-06-242016Series A · modeled $227.0M · 2017-02-02Series A · modeled $139.2M · 2017-04-28Series C · modeled $734.4M · 2017-11-13Series C · modeled $514.4M · 2019-03-222019
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$40.9M/yr
Capital velocity
10.0 yr
On record since
2016
First round
5
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 55× above median
This company$112.0M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.6× of median
This company$30.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 29× above median
This company$514.4M
Sector median$17.7M

Raised more than 97% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #158 of 190.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Lonnie Ray Williams Jr Trust · Series C Raised $100.0M · modeled $1.7B (est)Ault Life Sciences, Inc. · Series C Raised $100.0M · modeled $1.7B (est)Watchtower Topco, LLC · Series C Raised $99.7M · modeled $1.7B (est)Watchtower Management Holdco, LLC · Series C Raised $99.2M · modeled $1.7B (est)Alphaeon 1 LLC · Series C Raised $96.8M · modeled $1.7B (est)Jushi Acquisition Corp. · Series C Raised $92.3M · modeled $1.6B (est)Celebrands, LLC · Series C Raised $89.0M · modeled $1.5B (est)Dashlane, Inc. · Series C Raised $129.2M · modeled $1.5B (est)HES Facilities Holdings, LLC · Series C Raised $84.3M · modeled $1.4B (est)Surterra Holdings, Inc. · Series C Raised $98.0M · modeled $1.4B (est)Carmax Inc · Series C Raised $98.2M · modeled $1.4B (est)PEX Management Aggregator, LLC · Series C Raised $87.8M · modeled $1.4B (est)Sun Basket, Inc. (this company) Raised $112.0M · modeled $514.4M (est)Sun Basket, Inc.
CompanyStageRaised · realValue · estvs peer med.
Lonnie Ray Williams Jr TrustSeries C$100.0M$1.7B2.10×
Ault Life Sciences, Inc.Series C$100.0M$1.7B2.10×
Watchtower Topco, LLCSeries C$99.7M$1.7B2.09×
Watchtower Management Holdco, LLCSeries C$99.2M$1.7B2.08×
Alphaeon 1 LLCSeries C$96.8M$1.7B2.03×
Jushi Acquisition Corp.Series C$92.3M$1.6B1.94×
Celebrands, LLCSeries C$89.0M$1.5B1.81×
Dashlane, Inc.Series C$129.2M$1.5B1.78×
HES Facilities Holdings, LLCSeries C$84.3M$1.4B1.77×
Surterra Holdings, Inc.Series C$98.0M$1.4B1.74×
Carmax IncSeries C$98.2M$1.4B1.72×
PEX Management Aggregator, LLCSeries C$87.8M$1.4B1.69×
Sun Basket, Inc. this companySeries C$112.0M$514.4M0.63×
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$15.0M2016-06-24$68.2M$227.0M85%
Series A$15.0M2017-02-02$68.2M$227.0M90%
Series A$9.2M2017-04-28$41.8M$139.2M90%
Series C$42.8M2017-11-13$285.5M$734.4M90%
Series C$30.0M2019-03-22$200.0M$514.4M90%
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$15.0M2016-06-24
    • First recorded raise — entered as Series A.
    • 29 investors on this round.
  2. Series A$15.0M2017-02-02
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 22 investors on this round.
  3. Series A$9.2M2017-04-28
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  4. Series C$42.8M2017-11-13
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 4.7× larger than the prior — scaling up.
    • 26 investors on this round.
  5. Series C$30.0M2019-03-22
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 14 investors on this round.
Intelligence
2019 ~Q4
Modeled next raise · ~8mo cadence
$30.0M
Modeled next size est.range $30.0M$48.0M
0.7×
Last step-up
$40.9M/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
Tim Connors8 other2016-06
Kevin Diestel4 other2017-02
Tripp Jones4 other2017-11
Adam Zbar3 other2016-06
Donald Barnett1 other2016-06
Robert Krolik1 other2017-11
Atul Rustgi2016-06
Braxton Woodham2016-06
Isobel Jones2017-11
Stuart Huizinga2017-04
Registry & provenance

Sun Basket, 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
1681475
SEC CIK
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
AFS Technologies, IncOtherSeries C$109.2M$445.8Msame sector · same stage
Pulser Media, Inc.OtherSeries C$108.3M$428.6Msame sector · same stage
Hall Wines of Napa, L.P.OtherSeries C$106.2M$507.7Msame sector · same stage
Pomelo Holdings LtdOtherSeries C$104.4M$507.8Msame sector · same stage
Vp plcOtherSeries C$123.5M$571.5Msame sector · same stage
Mechanical Orchard, Inc.OtherSeries C$100.4M$536.4Msame sector · same stage
Marketing Consultants Group LLCOtherSeries C$100.4M$486.0Msame sector · same stage
Cliffs Club & Hospitality Group Inc.OtherSeries C$100.0M$520.0Msame 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
SunFunder Inc.OtherSeed$14.1M86%
Sunthetics, Inc.OtherSeed$15.0M85%
Sunwink Corp.OtherSeries A$107.2M84%
Sunstock, Inc.OtherPre-Seed$12.7M84%
Sun Beef, LlcOtherPre-Seed$23.1M83%
Sunflow, Inc.OtherSeed$38.3M83%
Sundial Growers Inc.OtherSeries C$697.8M83%
Sun-Rey Partners, LLCOtherPre-Seed$11.2M81%
Frequently asked
How much funding has Sun Basket, Inc. raised?
Sun Basket, Inc. has raised approximately $112.0M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Sun Basket, Inc.'s estimated valuation?
Provath's modeled valuation for Sun Basket, Inc. is approximately $514.4M (modeled range $116.0M–$1.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sun Basket, Inc. at?
Sun Basket, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Mar 22.
What does Sun Basket, Inc. do and where is it based?
Sun Basket, Inc. operates in the Other sector, based in SAN JOSE.
Explore related

See where Sun Basket, 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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