Companies · Manufacturing

Third Eye Design, Inc.

PITTSFORD · Manufacturing

Diligence memoA one-page analyst read on Third Eye Design, Inc. — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 64%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Dec 29 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Third Eye Design, 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. Valuation uses the manufacturing sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.43× the median modeled value of Pre-Seed Manufacturing companies in 2016–2018 (231 peers) — value vs value, same stage and era.
  • Within the normal band (143% of peer median) for its niche.
Dormant
  • Last raise 8.5 yr ago; this sector typically re-raises about every 12 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 Manufacturing

Third Eye Design, Inc. is one of 3256 Manufacturing companies tracked from PITTSFORD. By capital raised it ranks in the long tail (ahead of 37% 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
28
Investors (latest)
2017-12-29
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$5.0M$10M$15M$20MPre-Seed · 2010-07-01 Raised $500K (real) Modeled valuation $7.6M (est)$500K$7.6MPre-Seed2010Pre-Seed · 2017-07-01 Raised $750K (real) Modeled valuation $11M (est)$750K$11MPre-Seed2017Pre-Seed · 2017-12-29 Raised $750K (real) Modeled valuation $11M (est)$750K$11MPre-Seed2017Pre-Seed · 2017-12-29 Raised $500K (real) Modeled valuation $7.6M (est)$500K$7.6MPre-Seed2017+$750K+$750K+$500KCumulative $2.5M

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$500K · 2010
Pre-Seed extension$750K · 2017
Pre-Seed extension$750K · 2017
Pre-Seed extension$500K · 2017

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

Modeled valuation trajectory
$7.6M
Base estimate est.
$340K
Conservative case
$86.5M
Upside case
$2.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $7.6M · 2010-07-012010Pre-Seed · modeled $11.4M · 2017-07-01Pre-Seed · modeled $11.4M · 2017-12-29Pre-Seed · modeled $7.6M · 2017-12-292017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
31%
Survival probability
12% low · 56% high
1.44×/yr
Annual markup
1.95×/yr upside case
6.0 yr
Elapsed time used
8.5 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$133K/yr
Capital velocity
16.0 yr
On record since
2010
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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) 0.5× of median
This company$1.0M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.4× above median
This company$500K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$7.6M
Sector median$12.0M

Raised more than 37% of sector peers (real $). Modeled value above 41% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #83 of 231.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Thorp Lane, Inc. · Pre-Seed Raised $1.0M · modeled $15.3M (est)Southwood Holding Company, Inc. · Pre-Seed Raised $1.0M · modeled $15.3M (est)WholeMe, LLC · Pre-Seed Raised $1.0M · modeled $15.3M (est)NANOPHASE TECHNOLOGIES Corp · Pre-Seed Raised $2.0M · modeled $15.3M (est)Harvest Soul, LLC · Pre-Seed Raised $1.0M · modeled $15.3M (est)Elevate Accessories, Inc. · Pre-Seed Raised $1.0M · modeled $15.3M (est)Blue Blaze Brewing, Inc. · Pre-Seed Raised $1.5M · modeled $15.3M (est)SAC Inc · Pre-Seed Raised $1.0M · modeled $15.3M (est)Dannijo, Inc. · Pre-Seed Raised $1.0M · modeled $15.3M (est)Breakthrough Golf Technology LLC · Pre-Seed Raised $1.0M · modeled $15.3M (est)Peachicana Products Inc. · Pre-Seed Raised $1.0M · modeled $15.3M (est)Safeguard Equipment Inc. · Pre-Seed Raised $1.3M · modeled $15.3M (est)Third Eye Design, Inc. (this company) Raised $1.0M · modeled $7.6M (est)Third Eye Design, Inc.
CompanyStageRaised · realValue · estvs peer med.
Thorp Lane, Inc.Pre-Seed$1.0M$15.3M2.86×
Southwood Holding Company, Inc.Pre-Seed$1.0M$15.3M2.86×
WholeMe, LLCPre-Seed$1.0M$15.3M2.86×
NANOPHASE TECHNOLOGIES CorpPre-Seed$2.0M$15.3M2.86×
Harvest Soul, LLCPre-Seed$1.0M$15.3M2.86×
Elevate Accessories, Inc.Pre-Seed$1.0M$15.3M2.86×
Blue Blaze Brewing, Inc.Pre-Seed$1.5M$15.3M2.86×
SAC IncPre-Seed$1.0M$15.3M2.86×
Dannijo, Inc.Pre-Seed$1.0M$15.3M2.86×
Breakthrough Golf Technology LLCPre-Seed$1.0M$15.3M2.86×
Peachicana Products Inc.Pre-Seed$1.0M$15.3M2.86×
Safeguard Equipment Inc.Pre-Seed$1.3M$15.3M2.86×
Third Eye Design, Inc. this companyPre-Seed$1.0M$7.6M1.43×
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$500K2010-07-01$2.8M$7.6M85%
Pre-Seed$750K2017-07-01$4.2M$11.4M90%
Pre-Seed$750K2017-12-29$4.2M$11.4M90%
Pre-Seed$500K2017-12-29$2.8M$7.6M90%
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$500K2010-07-01
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$750K2017-07-01
    • Raised again after 84 mo — slower than the ~12 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 06).
  3. Pre-Seed$750K2017-12-29
    • Came back fast: 6 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 1 investor on this round.
  4. Pre-Seed$500K2017-12-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $0–$1M.
    • 28 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~30mo cadence
$500K
Modeled next size est.range $500K$800K
0.7×
Last step-up
$133K/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
JOHN S HERBRAND1 other2010-07
DAVID R WERNER2010-07
WAYNE R PALMITER2010-07
Registry & provenance

Third Eye Design, 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
1502311
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
Fanshoes Inc.ManufacturingPre-Seed$500K$850Knetwork1 shared operator · same sector · same stage
Ares Sportswear Ltd.ManufacturingPre-Seed$1.0M$8.2Msame sector · same stage
Atlas Diversified Products Corp.ManufacturingPre-Seed$1.0M$7.7Msame sector · same stage
CFBRD Holding Corp.ManufacturingPre-Seed$1.0M$7.3Msame sector · same stage
LPG Technology GroupManufacturingPre-Seed$1.0M$8.6Msame sector · same stage
Micron Solutions Inc /De/ManufacturingPre-Seed$1.0M$7.6Msame sector · same stage
North Iron Mason Dynamics LLCManufacturingPre-Seed$1.0M$8.5Msame sector · same stage
QTM Holdings, LLCManufacturingPre-Seed$1.0M$7.6Msame 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
Three Rivers VC Group, LLCManufacturingSeries B$169.6M83%
Adaptive 3D Holdings, Inc.ManufacturingSeries A$48.2M83%
Optical Structures IncManufacturingPre-Seed$15.2M82%
WEAV3D Inc.ManufacturingSeed$7.2M82%
Tri-Arc LLCManufacturingSeries A$41.8M81%
Iris Investor Holdings, LLCManufacturingSeries B$308.7M81%
3D Build Systems LLCManufacturingPre-Seed$7.6M81%
3Rc/Rhodes, LlcManufacturingSeed$14.5M81%
Frequently asked
How much funding has Third Eye Design, Inc. raised?
Third Eye Design, Inc. has raised approximately $1.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Third Eye Design, Inc.'s estimated valuation?
Provath's modeled valuation for Third Eye Design, Inc. is approximately $7.6M (modeled range $340K–$86.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Third Eye Design, Inc. at?
Third Eye Design, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Dec 29.
What does Third Eye Design, Inc. do and where is it based?
Third Eye Design, Inc. operates in the Manufacturing sector, based in PITTSFORD.
Explore related

See where Third Eye Design, 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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