Companies · Software / Tech

Theta Labs, Inc.

CUPERTINO · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Theta Labs, Inc. — recommendation, valuation, rhythm, risks.
$37.4M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 13%
Sector rank · raised
Series B
Latest stage · inferred · Tue Nov 28 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Theta Labs, Inc. 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. Valuation uses the technology sector profile.

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 1.52× the median modeled value of Series B Software / Tech companies in 2016–2018 (78 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.6 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Theta Labs, Inc. is one of 3920 Software / Tech companies tracked from CUPERTINO. By capital raised it ranks in the upper tier (ahead of 88% 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(c)
Reg D exemption
6
Investors (latest)
2017
Year incorporated
2017-11-28
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$1.0BSeed · 2017-09-27 Raised $1.9M (real) Modeled valuation $65M (est)$1.9M$65MSeed2017Series A · 2017-09-27 Raised $8.3M (real) Modeled valuation $229M (est)$8.3M$229MSeries A2017Series B · 2017-11-28 Raised $29M (real) Modeled valuation $888M (est)$29M$888MSeries B2017Seed · 2017-11-28 Raised $2.4M (real) Modeled valuation $83M (est)$2.4M$83MSeed2017+$8.3M+$29M+$2.4MCumulative $42M

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$1.9M · 2017
Series A$8.3M · 2017
Series B$29.1M · 2017
Bridge · Series B-stage$2.4M · 2017smaller 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: 75%.

Modeled valuation trajectory
$887.6M
Base estimate est.
$71.4M
Conservative case
$3.4B
Upside case
$161.9M
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 scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $65.2M · 2017-09-272017Series A · modeled $229.2M · 2017-09-27Series B · modeled $887.6M · 2017-11-28Seed · modeled $83.0M · 2017-11-282017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
6.0 yr
Elapsed time used
8.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
8.8 yr
On record since
2017
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 8.1× above median
This company$37.4M
Sector median$4.6M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.4M
Sector median$19.9M
Modeled value — vs sector median (estimate, all stages) 24× above median
This company$887.6M
Sector median$36.6M

Raised more than 88% of sector peers (real $). Modeled value above 95% 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 #11 of 78.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Orchid Labs Inc. · Series B Raised $40.6M · modeled $1.1B (est)Overclock Labs, Inc. · Series B Raised $35.3M · modeled $1.0B (est)Reflexis Systems Inc · Series B Raised $67.2M · modeled $999.8M (est)Nav Technologies, Inc. · Series B Raised $67.8M · modeled $995.5M (est)Vesper Technologies Inc. · Series B Raised $51.4M · modeled $971.7M (est)Applied Data Finance, LLC · Series B Raised $30.8M · modeled $938.7M (est)Digital Reasoning Systems, Inc. · Series B Raised $80.5M · modeled $913.8M (est)Singular Labs Inc. · Series B Raised $35.6M · modeled $913.7M (est)Skyport Systems, Inc. · Series B Raised $66.7M · modeled $904.5M (est)Constellation Labs, LLC · Series B Raised $29.7M · modeled $904.1M (est)SolidEnergy Systems Corp. · Series B Raised $79.5M · modeled $879.4M (est)Theta Labs, Inc. (this company) Raised $37.4M · modeled $887.6M (est)Theta Labs, Inc.
CompanyStageRaised · realValue · estvs peer med.
Orchid Labs Inc.Series B$40.6M$1.1B1.89×
Overclock Labs, Inc.Series B$35.3M$1.0B1.78×
Reflexis Systems IncSeries B$67.2M$999.8M1.72×
Nav Technologies, Inc.Series B$67.8M$995.5M1.71×
Vesper Technologies Inc.Series B$51.4M$971.7M1.67×
Applied Data Finance, LLCSeries B$30.8M$938.7M1.61×
Digital Reasoning Systems, Inc.Series B$80.5M$913.8M1.57×
Singular Labs Inc.Series B$35.6M$913.7M1.57×
Skyport Systems, Inc.Series B$66.7M$904.5M1.55×
Constellation Labs, LLCSeries B$29.7M$904.1M1.55×
Theta Labs, Inc. this companySeries B$37.4M$887.6M1.52×
SolidEnergy Systems Corp.Series B$79.5M$879.4M1.51×
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$1.9M2017-09-27$9.6M$65.2M90%
Series A$8.3M2017-09-27$37.6M$229.2M90%
Series B$29.1M2017-11-28$161.9M$887.6M90%
Seed$2.4M2017-11-28$12.2M$83.0M90%
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$1.9M2017-09-27
    • First recorded raise — entered as Seed.
    • 6 investors on this round.
  2. Series A$8.3M2017-09-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.3× larger than the prior — scaling up.
    • 34 investors on this round.
  3. Series B$29.1M2017-11-28
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 31 investors on this round.
  4. Seed$2.4M2017-11-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 12.0× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2017 ~Q4
Modeled next raise · ~1mo cadence
$2.4M
Modeled next size est.range $2.4M$3.9M
0.1×
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
Rizwan Virk2 other2017-09
Dovey Wan1 other2017-09
Mitchell Liu1 other2017-09
Registry & provenance

Theta Labs, 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
1718875
SEC CIK
2017
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
Sliver Vr Technologies, Inc.Software / TechSeries B$16.0M$486.4Mnetwork3 shared operators · same sector · same stage
Tabular Technologies, Inc.Software / TechSeries B$37.2M$292.0Msame sector · same stage
DayZero Software Inc.Software / TechSeries B$37.0M$683.1Msame sector · same stage
Argyle Systems Inc.Software / TechSeries B$36.7M$596.4Msame sector · same stage
MyPizza Technologies, Inc.Software / TechSeries B$38.4M$432.4Msame sector · same stage
Ziften Technologies, Inc.Software / TechSeries B$38.7M$1.2Bsame sector · same stage
Momnt Technologies, Inc.Software / TechSeries B$38.9M$358.1Msame sector · same stage
SHYFT Analytics, Inc.Software / TechSeries B$39.0M$609.1Msame 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
Aurora Labs, Inc.Software / TechPre-Seed$40.2M88%
Stack Labs, Inc.Software / TechSeries B$479.7M87%
Salt Labs, Inc.Software / TechSeries B$164.2M87%
Argus World Labs, Inc.Software / TechSeries A$87.5M87%
Oasis Labs, Inc.Software / TechSeries B$91.4M87%
Team Labs, Inc.Software / TechSeries A$261.8M87%
Rune Labs, Inc.Software / TechSeries B$60.1M87%
Ryp Labs, Inc.Software / TechSeries A$689K86%
Frequently asked
How much funding has Theta Labs, Inc. raised?
Theta Labs, Inc. has raised approximately $37.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Theta Labs, Inc.'s estimated valuation?
Provath's modeled valuation for Theta Labs, Inc. is approximately $887.6M (modeled range $71.4M–$3.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Theta Labs, Inc. at?
Theta Labs, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Nov 28.
What does Theta Labs, Inc. do and where is it based?
Theta Labs, Inc. operates in the Software / Tech sector, based in CUPERTINO.
Explore related

See where Theta Labs, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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