Companies · Other

Targus Cayman HoldCo Ltd

ANAHEIM · Other

Diligence memoA one-page analyst read on Targus Cayman HoldCo Ltd — recommendation, valuation, rhythm, risks.
$71.0M
Total raised · real
2
Rounds
0.8×
Latest step-up
Top 6%
Sector rank · raised
Series B
Latest stage · inferred · Fri Nov 09 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Targus Cayman HoldCo Ltd looks over-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.

Over-valued
  • Modeled value is 1.60× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.6 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

Targus Cayman HoldCo Ltd is one of 25015 Other companies tracked from ANAHEIM. By capital raised it ranks among the largest (ahead of 95% 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
7
Investors (latest)
2015
Year incorporated
2018-11-09
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 B · 2017-09-20 Raised $39M (real) Modeled valuation $650M (est)$39M$650MSeries B2017Series B · 2018-11-09 Raised $32M (real) Modeled valuation $530M (est)$32M$530MSeries B2018+$32MCumulative $71M

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 B$39.1M · 2017
Series B extension$31.9M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$530.5M
Base estimate est.
$79.8M
Conservative case
$2.0B
Upside case
$177.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $650.0M · 2017-09-202017Series B · modeled $530.5M · 2018-11-092018
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
7.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$62.5M/yr
Capital velocity
8.8 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 35× above median
This company$71.0M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.6× above median
This company$31.9M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 30× above median
This company$530.5M
Sector median$17.7M

Raised more than 95% 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 B) 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 #35 of 298.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)EIP Investment Holdings, LLC · Series B Raised $40.0M · modeled $664.6M (est)HD MSouth Holdings, LLC · Series B Raised $39.7M · modeled $659.3M (est)Aston Holding Corp. · Series B Raised $39.6M · modeled $658.7M (est)AirClean Holdings, Inc. · Series B Raised $39.6M · modeled $658.2M (est)Westminster Virginia LP · Series B Raised $39.6M · modeled $657.9M (est)NextGen CCM, LLC · Series B Raised $39.5M · modeled $656.3M (est)Juvo Mobile Inc. · Series B Raised $44.4M · modeled $649.6M (est)Swordfish Holdings, L.P. · Series B Raised $58.7M · modeled $641.7M (est)Nexcore Holdings, LLC · Series B Raised $48.5M · modeled $637.1M (est)Champion Parent Corp · Series B Raised $37.7M · modeled $627.2M (est)ADT Investment LLC · Series B Raised $37.5M · modeled $623.2M (est)FinTech Acquisition Corp · Series B Raised $37.5M · modeled $623.1M (est)Targus Cayman HoldCo Ltd (this company) Raised $71.0M · modeled $530.5M (est)Targus Cayman HoldCo Ltd
CompanyStageRaised · realValue · estvs peer med.
EIP Investment Holdings, LLCSeries B$40.0M$664.6M2.00×
HD MSouth Holdings, LLCSeries B$39.7M$659.3M1.98×
Aston Holding Corp.Series B$39.6M$658.7M1.98×
AirClean Holdings, Inc.Series B$39.6M$658.2M1.98×
Westminster Virginia LPSeries B$39.6M$657.9M1.98×
NextGen CCM, LLCSeries B$39.5M$656.3M1.97×
Juvo Mobile Inc.Series B$44.4M$649.6M1.95×
Swordfish Holdings, L.P.Series B$58.7M$641.7M1.93×
Nexcore Holdings, LLCSeries B$48.5M$637.1M1.92×
Champion Parent CorpSeries B$37.7M$627.2M1.89×
ADT Investment LLCSeries B$37.5M$623.2M1.88×
FinTech Acquisition CorpSeries B$37.5M$623.1M1.87×
Targus Cayman HoldCo Ltd this companySeries B$71.0M$530.5M1.60×
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 B$39.1M2017-09-20$217.3M$650.0M90%
Series B$31.9M2018-11-09$177.4M$530.5M90%
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 B$39.1M2017-09-20
    • First recorded raise — entered as Series B.
    • 27 investors on this round.
  2. Series B$31.9M2018-11-09
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
Intelligence
2019 ~Q4
Modeled next raise · ~14mo cadence
$31.9M
Modeled next size est.range $31.9M$51.1M
0.8×
Last step-up
$62.5M/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
David Kirsch2 other2018-11
CHRISTOPHER BOYLE1 other2017-09
Mikel Williams1 other2017-09
Alastair McKeever2018-11
Brendan Sheehey2018-11
Michael Dussinger2018-11
Mike Dussinger2017-09
Robert Nabholz2017-09
Scott Kasen2017-09
Stan Mortensen2017-09
William Oppenlander2017-09
Registry & provenance

Targus Cayman HoldCo Ltd 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
1717934
SEC CIK
2015
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
Lightbridge Communications CorpOtherSeries B$23.3M$34.7Mnetwork1 shared operator · same sector · same stage
Telcare, Inc.OtherSeries B$71.6M$576.6Msame sector · same stage
Aquaventure Holdings LlcOtherSeries B$72.9M$498.4Msame sector · same stage
Silvercar, Inc.OtherSeries B$73.4M$465.0Msame sector · same stage
Shenandoah Growers, Inc.OtherSeries B$74.2M$613.4Msame sector · same stage
Guyana Goldfields IncOtherSeries B$67.7M$439.1Msame sector · same stage
Aseptia, Inc.OtherSeries B$75.4M$465.3Msame sector · same stage
Wine.com IncOtherSeries B$66.9M$563.4Msame 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
Sky Holdco CorpOtherSeries D+$904K83%
PSG HoldCo, Inc.OtherGrowth/Late$5.1B83%
Fincanna Capital CorpOtherPre-Seed$8.7M82%
Kinesis Cayman LtdOtherSeries C$1.0B82%
Swift Holdco LtdOtherSeries A$81.8M81%
Albatross Golf, Inc.OtherSeed$3.8M81%
Navigator Holdco Inc.OtherSeries C$735.0M81%
2R HoldCo Inc.OtherSeries A$71.7M81%
Frequently asked
How much funding has Targus Cayman HoldCo Ltd raised?
Targus Cayman HoldCo Ltd has raised approximately $71.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Targus Cayman HoldCo Ltd's estimated valuation?
Provath's modeled valuation for Targus Cayman HoldCo Ltd is approximately $530.5M (modeled range $79.8M–$2.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Targus Cayman HoldCo Ltd at?
Targus Cayman HoldCo Ltd's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Nov 09.
What does Targus Cayman HoldCo Ltd do and where is it based?
Targus Cayman HoldCo Ltd operates in the Other sector, based in ANAHEIM.
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