Companies · Other

TFG CARD SOLUTIONS, Inc.

PORTLAND · Other

Diligence memoA one-page analyst read on TFG CARD SOLUTIONS, Inc. — recommendation, valuation, rhythm, risks.
$3.7M
Total raised · real
4
Rounds
0.3×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Sat Oct 01 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

TFG CARD SOLUTIONS, 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 0.16× the median modeled value of Seed Other companies in 2016–2018 (1003 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.7 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

TFG CARD SOLUTIONS, Inc. is one of 25008 Other companies tracked from PORTLAND. By capital raised it ranks mid-pack (ahead of 60% of sector peers), and in the long tail 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
5
Investors (latest)
2016-10-01
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$50MPre-Seed · 2008-04-16 Raised $638K (real) Modeled valuation $15M (est)$638K$15MPre-Seed2008Seed · 2014-05-15 Raised $1.8M (real) Modeled valuation $33M (est)$1.8M$33MSeed2014Seed · 2015-05-18 Raised $978K (real) Modeled valuation $18M (est)$978K$18MSeed2015Seed · 2016-10-01 Raised $300K (real) Modeled valuation $5.6M (est)$300K$5.6MSeed2016+$1.8M+$978K+$300KCumulative $3.7M

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
Pre-Seed$638K · 2008
Seed$1.8M · 2014
Seed extension$978K · 2015
Seed extension$300K · 2016

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$5.6M
Base estimate est.
$270K
Conservative case
$43.8M
Upside case
$1.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $14.7M · 2008-04-162008Seed · modeled $33.5M · 2014-05-15Seed · modeled $18.2M · 2015-05-18Seed · modeled $5.6M · 2016-10-012016
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
9.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
34 mo
Avg between rounds
$439K/yr
Capital velocity
18.2 yr
On record since
2008
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) 1.8× above median
This company$3.7M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$300K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$5.6M
Sector median$17.7M

Raised more than 60% of sector peers (real $). Modeled value above 27% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #960 of 1,003.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Capture2, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Alliance Time Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)Nithio Holdings, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Springfield Hockey, LLC · Seed Raised $4.0M · modeled $74.4M (est)Zooba Eats, Inc. · Seed Raised $4.0M · modeled $74.4M (est)EQX Capital, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Chooze, Corp. · Seed Raised $4.0M · modeled $74.4M (est)Spring Hill Development Partners, LLC · Seed Raised $8.0M · modeled $74.4M (est)Equisphere Corp. · Seed Raised $4.0M · modeled $74.4M (est)OHCP Northeastern Fiber Buyer Holdco, L.P. · Seed Raised $4.0M · modeled $74.4M (est)Ontimeworks, Inc. · Seed Raised $6.0M · modeled $74.4M (est)Polybio Capital, L.P. · Seed Raised $4.0M · modeled $74.4M (est)TFG CARD SOLUTIONS, Inc. (this company) Raised $3.7M · modeled $5.6M (est)TFG CARD SOLUTIONS, Inc.
CompanyStageRaised · realValue · estvs peer med.
Capture2, Inc.Seed$4.0M$74.4M2.16×
Alliance Time Holdings, LLCSeed$4.0M$74.4M2.16×
Nithio Holdings, Inc.Seed$4.0M$74.4M2.16×
Springfield Hockey, LLCSeed$4.0M$74.4M2.16×
Zooba Eats, Inc.Seed$4.0M$74.4M2.16×
EQX Capital, Inc.Seed$4.0M$74.4M2.16×
Chooze, Corp.Seed$4.0M$74.4M2.16×
Spring Hill Development Partners, LLCSeed$8.0M$74.4M2.16×
Equisphere Corp.Seed$4.0M$74.4M2.16×
OHCP Northeastern Fiber Buyer Holdco, L.P.Seed$4.0M$74.4M2.16×
Ontimeworks, Inc.Seed$6.0M$74.4M2.16×
Polybio Capital, L.P.Seed$4.0M$74.4M2.16×
TFG CARD SOLUTIONS, Inc. this companySeed$3.7M$5.6M0.16×
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.
Pre-Seed$638K2008-04-16$3.5M$14.7M85%
Seed$1.8M2014-05-15$9.0M$33.5M85%
Seed$978K2015-05-18$4.9M$18.2M85%
Seed$300K2016-10-01$1.5M$5.6M90%
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. Pre-Seed$638K2008-04-16
    • First recorded raise — entered as Pre-Seed.
    • 10 investors on this round.
  2. Seed$1.8M2014-05-15
    • Raised again after 73 mo — slower than the ~11 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  3. Seed$978K2015-05-18
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  4. Seed$300K2016-10-01
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~34mo cadence
$300K
Modeled next size est.range $300K$480K
0.3×
Last step-up
$439K/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
E. Miles Kilburn3 other2015-05
David McCulloch1 other2008-04
Burke R Rice2008-04
Jeremy Inman2008-04
Richard Holt2008-04
Thomas R Whalen2008-04
Thomas Secor2008-04
Registry & provenance

TFG CARD SOLUTIONS, 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
1433334
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
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NoScrubs, Inc.OtherSeed$3.9M$5.5Msame sector · same stage
Zeguro Inc.OtherSeries A$4.9M$73.9Mnetwork1 shared operator · same sector
Guilty Soles, Inc.OtherSeed$3.9M$5.6Msame sector · same stage
Hawaii Film Partners LlcOtherSeed$3.5M$5.6Msame sector · same stage
Pickleball Country Club, LLCOtherSeed$4.0M$5.7Msame 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
FTC Cards Inc.OtherPre-Seed$2.8M85%
G Cards, Inc.Other TechnologySeed$13.6M84%
Tgrtg LlcOtherSeries A$37.8M83%
Cardiosense, Inc.OtherSeries A$66.6M83%
TForce Holdings Inc.OtherSeries D+$2.6B83%
Card Management Strategies, LlcOther TechnologyPre-Seed$9.1M83%
TF Holdings LLCOtherPre-Seed$2.5M82%
Cardalloon Inc.OtherPre-Seed$7.3M82%
Frequently asked
How much funding has TFG CARD SOLUTIONS, Inc. raised?
TFG CARD SOLUTIONS, Inc. has raised approximately $3.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is TFG CARD SOLUTIONS, Inc.'s estimated valuation?
Provath's modeled valuation for TFG CARD SOLUTIONS, Inc. is approximately $5.6M (modeled range $270K–$43.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is TFG CARD SOLUTIONS, Inc. at?
TFG CARD SOLUTIONS, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Sat Oct 01.
What does TFG CARD SOLUTIONS, Inc. do and where is it based?
TFG CARD SOLUTIONS, Inc. operates in the Other sector, based in PORTLAND.
Explore related

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