Diligence memo · auto-generated · as of July 2, 2026

Terminus Software, Inc.

Terminus Software, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Terminus Software, Inc. operates in Software / Tech, based in ATLANTA.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Terminus Software, Inc. has raised $139M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $90M on 2021-02-26.

Most recent recorded round closed around 2022-12-08.

Valuation (modeled)modeled

Provath models Terminus Software, Inc. at approximately $335M (range $85M–$632M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.52× the median modeled value of Series C Software / Tech companies in 2022–2024 (55 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 20 months.

Last raise 3.6 yr ago; this sector typically re-raises about every 13 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round was 4.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 97% of Software / Tech peers (3920 compared).

Modeled value ranks above 88% of those peers.

Closest niche peers: Pinecone Systems, Inc., Hydration Labs, Inc., SiMa Technologies, Inc., Atlas Technology Solutions Inc., Pascaline Systems, Inc..

Peoplefiled

17 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.