Companies · Other

Terma Project, Inc.

NEW YORK · Other

Diligence memoA one-page analyst read on Terma Project, Inc. — recommendation, valuation, rhythm, risks.
$4.7M
Total raised · real
1
Rounds
0.8×
Latest step-up
Top 36%
Sector rank · raised
Series A
Latest stage · inferred · Wed Oct 19 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Terma Project, Inc. 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 0.93× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
  • Within the normal band (93% of peer median) for its niche.
Dormant
  • Last raise 3.7 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Terma Project, Inc. is one of 25008 Other companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 65% of sector peers), and mid-pack 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
23
Investors (latest)
2021
Year incorporated
2022-10-19
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$50MSeed · 2022-10-19 Raised $3.4M (real) Modeled valuation $27M (est)$3.4M$27MSeed2022Seed · 2022-10-19 Raised $2.2M (real) Modeled valuation $17M (est)$2.2M$17MSeed2022Series A · 2022-10-19 Raised $4.7M (real) Modeled valuation $36M (est)$4.7M$36MSeries A2022Seed · 2022-10-19 Raised $3.8M (real) Modeled valuation $30M (est)$3.8M$30MSeed2022+$2.2M+$4.7M+$3.8MCumulative $14M

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
Seed$3.4M · 2022
Seed extension$2.2M · 2022
Series A$4.7M · 2022
Bridge · Series A-stage$3.8M · 2022smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$35.9M
Base estimate est.
$6.5M
Conservative case
$114.9M
Upside case
$21.5M
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. Directional, not a quoted figure.

Seed · modeled $26.8M · 2022-10-192022Seed · modeled $17.1M · 2022-10-19Series A · modeled $35.9M · 2022-10-19Seed · modeled $30.4M · 2022-10-192022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
3.7 yr
Elapsed time used
3.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
3.7 yr
On record since
2022
First round
4
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) 2.3× above median
This company$4.7M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$3.8M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 2.0× above median
This company$35.9M
Sector median$17.7M

Raised more than 65% of sector peers (real $). Modeled value above 65% 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 #627 of 1,135.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.4M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.5M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.0M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.0M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.2M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $133.9M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $132.9M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.0M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.7M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.6M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.8M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.2M (est)Terma Project, Inc. (this company) Raised $4.7M · modeled $35.9M (est)Terma Project, Inc.
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.4M3.67×
Quantori, Inc.Series A$15.0M$138.5M3.57×
Applause Network TV, Inc.Series A$15.0M$135.0M3.48×
Qquv Investments 5, LlcSeries A$15.0M$135.0M3.48×
Trustworthy CoSeries A$15.5M$134.2M3.46×
DigniFi Holding, Inc.Series A$24.3M$133.9M3.45×
Proventures Capital, Inc.Series A$14.7M$132.9M3.42×
Zenledger, Inc.Series A$21.6M$132.0M3.40×
Gridwise, Inc.Series A$20.4M$131.7M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.6M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.8M3.26×
Harmony Musical LLCSeries A$15.0M$126.2M3.25×
Terma Project, Inc. this companySeries A$4.7M$35.9M0.93×
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.
Seed$3.4M2022-10-19$16.9M$26.8M90%
Seed$2.2M2022-10-19$10.8M$17.1M90%
Series A$4.7M2022-10-19$21.5M$35.9M90%
Seed$3.8M2022-10-19$19.2M$30.4M90%
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. Seed$3.4M2022-10-19
    • First recorded raise — entered as Seed.
    • 16 investors on this round.
  2. Seed$2.2M2022-10-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Series A$4.7M2022-10-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.2× larger than the prior — scaling up.
    • 39 investors on this round.
  4. Seed$3.8M2022-10-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 23 investors on this round.
Intelligence
Modeled next raise
$3.8M
Modeled next size est.range $3.8M$6.1M
0.8×
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
Nishchal Basnyat1 other2022-10
Registry & provenance

Terma Project, 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
1888832
SEC CIK
2021
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
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Vpms LlcOtherSeries A$5.0M$36.8Msame sector · same stage
smoodi, Inc.OtherSeries A$5.0M$36.8Msame sector · same stage
Dadpp, LlcOtherSeries A$5.0M$37.1Msame sector · same stage
Electric Playhouse LV LLCOtherSeries A$5.0M$36.3Msame 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
Terma Angel Group LLCOtherSeed$17.3M88%
TermScout Inc.OtherSeed$4.6M80%
Minerva Project, Inc.OtherSeries C$34.4M80%
Project Journey Inc.OtherPre-Seed$4.6M79%
Texta, Inc.OtherSeed$35.6M79%
Rasa World Group, Inc.OtherSeries A$24.8M78%
Project Legacy, LLCOtherPre-Seed$16.5M78%
Aja Ventures Inc.OtherSeed$12.2M78%
Frequently asked
How much funding has Terma Project, Inc. raised?
Terma Project, Inc. has raised approximately $4.7M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Terma Project, Inc.'s estimated valuation?
Provath's modeled valuation for Terma Project, Inc. is approximately $35.9M (modeled range $6.5M–$114.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Terma Project, Inc. at?
Terma Project, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Oct 19.
What does Terma Project, Inc. do and where is it based?
Terma Project, Inc. operates in the Other sector, based in NEW YORK.
Explore related

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