Diligence memo · auto-generated · as of July 2, 2026
Threat X, Inc.
Threat X, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Threat X, Inc. operates in Cybersecurity, based in LOUISVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Threat X, Inc. has raised $24M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2021-06-01.
Most recent recorded round closed around 2021-06-01.
Valuation (modeled)modeled
Provath models Threat X, Inc. at approximately $214M (range $14M–$942M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.51× the median modeled value of Series A Cybersecurity companies in 2019–2021 (17 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 5.1 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 83% of Cybersecurity peers (270 compared).
Modeled value ranks above 84% of those peers.
Closest niche peers: Cequence Security, Inc., Securitize, Inc., Living Security, Inc., SecurEnds, Inc., Open Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.