Companies · Other

Tb I Holdings Ltd.

GRAND CAYMAN · Other

Diligence memoA one-page analyst read on Tb I Holdings Ltd. — recommendation, valuation, rhythm, risks.
$72.4M
Total raised · real
2
Rounds
4.0×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Wed Dec 22 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Tb I Holdings Ltd. looks fair 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.

Fair
  • Modeled value is 0.94× the median modeled value of Series C Other companies in 2019–2021 (190 peers) — value vs value, same stage and era.
  • Within the normal band (94% of peer median) for its niche.
Dormant
  • Last raise 4.5 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Tb I Holdings Ltd. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
6.3 yr record
Peak capital year was 2021 with $75.1M across 2 filings.
Market position
ahead of 95% of Other peers
Capital scale is ahead of 95% of Other peers; modeled value is above 96% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $75.1M across 2 filings.
  • Largest single filing was $60.1M on 2021-12-22.
  • Filing rows sum to $87.4M, while canonical raised total is $72.4M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Tb I Holdings Ltd. is one of 25015 Other companies tracked from GRAND CAYMAN. 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
10
Investors (latest)
2020
Year incorporated
2021-12-22
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 · 2020-03-20 Raised $12M (real) Modeled valuation $187M (est)$12M$187MSeries A2020Series A · 2021-12-22 Raised $15M (real) Modeled valuation $146M (est)$15M$146MSeries A2021Series C · 2021-12-22 Raised $60M (real) Modeled valuation $769M (est)$60M$769MSeries C2021+$15M+$60MCumulative $87M

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$12.4M · 2020
Series A extension$15.0M · 2021
Series C$60.1M · 2021no Series B on file

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
$768.6M
Base estimate est.
$232.4M
Conservative case
$1.7B
Upside case
$400.7M
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 $186.9M · 2020-03-202020Series A · modeled $145.8M · 2021-12-22Series C · modeled $768.6M · 2021-12-222021
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
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$41.2M/yr
Capital velocity
6.3 yr
On record since
2020
First round
3
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$72.4M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.2× above median
This company$60.1M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 44× above median
This company$768.6M
Sector median$17.7M

Raised more than 95% of sector peers (real $). Modeled value above 96% 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 #110 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)Tb I Holdings Ltd. (this company) Raised $72.4M · modeled $768.6M (est)Tb I Holdings Ltd.
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×
Tb I Holdings Ltd. this companySeries C$72.4M$768.6M0.94×
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$12.4M2020-03-20$56.1M$186.9M90%
Series A$15.0M2021-12-22$68.2M$145.8M90%
Series C$60.1M2021-12-22$400.7M$768.6M90%
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$12.4M2020-03-20
    • First recorded raise — entered as Series A.
    • 2 investors on this round.
  2. Series A$15.0M2021-12-22
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  3. Series C$60.1M2021-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.0× larger than the prior — scaling up.
    • 10 investors on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~11mo cadence
$180.3M
Modeled next size est.range $117.2M$288.5M
4.0×
Last step-up
$41.2M/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
Hoi Ying So1 other2021-12
Michael Anthony Nicklas1 other2020-03
Antonio Alberto Gouveia Vieira Filho2020-03
Fabrizio Sadocco Haas2020-03
Fernando Wagner Serpa Vieira Da Silva2021-12
Fernando Wagner Serpa Vieria Da Silva2021-12
Luis Felipe Aleixo Lustosa Clark Magon2020-03
Maria Cristina Pontes De Oliveira Penteado2021-12
Mauricio Serrano Goy Villar2020-03
Romero Venancio Rodrigues Filho2020-03
Scott Philip Sobel2020-03
Tomas Petti Martins2020-03
Registry & provenance

Tb I Holdings 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
1808767
SEC CIK
2020
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
Fisker Inc.OtherSeries C$71.2M$854.7Msame sector · same stage
CCDC OpCo Holding CorpOtherSeries C$70.7M$763.0Msame sector · same stage
MH Management Holdco, LLCOtherSeries C$70.2M$878.6Msame sector · same stage
Habyt GmbHOtherSeries C$70.2M$678.8Msame sector · same stage
Project Apex Holdings, LLCOtherSeries C$70.0M$726.3Msame sector · same stage
Edoc Acquisition Corp.OtherSeries C$75.0M$908.4Msame sector · same stage
Proximie LtdOtherSeries C$75.0M$896.6Msame sector · same stage
LGM Finance Companies, LLCOtherSeries C$69.7M$742.9Msame 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
TTI Holdings, LLCOtherSeries A$26.4M82%
HKA Global Holdings LtdOtherSeries A$127.6M81%
I.M.C. Holdings Ltd.OtherPre-Seed$12.3M81%
CDB Holdings, Inc.OtherPre-Seed$2.1M81%
HKA Group Holdings LtdOtherSeries A$51.8M81%
I-5 Holdings Ltd.OtherSeed$15.3M81%
Ixi Capital Holding LtdOtherPre-Seed$1.5M81%
Deep Blue Holdings LtdOtherSeries B$103.7M80%
Frequently asked
How much funding has Tb I Holdings Ltd. raised?
Tb I Holdings Ltd. has raised approximately $72.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Tb I Holdings Ltd.'s estimated valuation?
Provath's modeled valuation for Tb I Holdings Ltd. is approximately $768.6M (modeled range $232.4M–$1.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tb I Holdings Ltd. at?
Tb I Holdings Ltd.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Dec 22.
What does Tb I Holdings Ltd. do and where is it based?
Tb I Holdings Ltd. operates in the Other sector, based in GRAND CAYMAN.
Explore related

See where Tb I Holdings Ltd. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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