Companies · Other Technology

Throtle, Inc.

RED BANK · Other Technology

Diligence memoA one-page analyst read on Throtle, Inc. — recommendation, valuation, rhythm, risks.
$48.5M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Wed Aug 28 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Throtle, Inc. looks under-valued against its niche peers and is quiet 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.

Under-valued
  • Modeled value is 0.07× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Quiet
  • Last raise 22 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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 Technology

Throtle, Inc. is one of 21292 Other Technology companies tracked from RED BANK. By capital raised it ranks among the largest (ahead of 93% 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
12
Investors (latest)
2024-08-28
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$125M$250M$375M$500MSeries A · 2017-11-30 Raised $10M (real) Modeled valuation $279M (est)$10M$279MSeries A2017Series B · 2023-03-22 Raised $36M (real) Modeled valuation $425M (est)$36M$425MSeries B2023Series B · 2024-08-28 Raised $2.1M (real) Modeled valuation $15M (est)$2.1M$15MSeries B2024+$36M+$2.1MCumulative $49M

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
Series A$10.0M · 2017
Series B$36.4M · 2023
Series B extension$2.1M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$15.1M
Base estimate est.
$5.2M
Conservative case
$26.2M
Upside case
$11.9M
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.

Series A · modeled $278.6M · 2017-11-302017Series B · modeled $425.5M · 2023-03-22Series B · modeled $15.1M · 2024-08-282024
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
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
40 mo
Avg between rounds
$7.2M/yr
Capital velocity
8.6 yr
On record since
2017
First round
3
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 15× above median
This company$48.5M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.1M
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$15.1M
Sector median$37.3M

Raised more than 93% of sector peers (real $). Modeled value above 31% 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 #495 of 514.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $707.8M (est)Skan, Inc. · Series B Raised $39.3M · modeled $684.7M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $662.7M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $658.4M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $649.8M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $648.5M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.3M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $608.7M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.3M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.0M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.1M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $559.5M (est)Throtle, Inc. (this company) Raised $48.5M · modeled $15.1M (est)Throtle, Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$707.8M3.30×
Skan, Inc.Series B$39.3M$684.7M3.19×
Design Barn Inc.Series B$37.0M$662.7M3.09×
SKAEL, Inc.Series B$37.9M$658.4M3.07×
Maze.Design, Inc.Series B$57.0M$649.8M3.03×
Infinity Stones Inc.Series B$78.9M$648.5M3.02×
GridX, Inc.Series B$54.7M$623.3M2.90×
Convictional, Inc.Series B$43.4M$608.7M2.84×
SourceDay, Inc.Series B$58.0M$599.3M2.79×
Xatabase, Inc.Series B$35.0M$596.0M2.78×
Concord SCC LtdSeries B$39.8M$585.1M2.73×
sovrn Holdings, Inc.Series B$80.4M$559.5M2.61×
Throtle, Inc. this companySeries B$48.5M$15.1M0.07×
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.
Series A$10.0M2017-11-30$45.7M$278.6M90%
Series B$36.4M2023-03-22$201.9M$425.5M90%
Series B$2.1M2024-08-28$11.9M$15.1M90%
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. Series A$10.0M2017-11-30
    • First recorded raise — entered as Series A.
    • 2 investors on this round.
  2. Series B$36.4M2023-03-22
    • Raised again after 64 mo — slower than the ~13 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Series B$2.1M2024-08-28
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 17.0× smaller than the prior — bridge or down round.
    • 12 investors on this round.
Intelligence
2028 ~Q1
Modeled next raise · ~40mo cadence
$2.1M
Modeled next size est.range $2.1M$3.4M
0.1×
Last step-up
$7.2M/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
DAVID MOORE12 other2017-11
Robert Brooks11 other2024-08
David Howe4 other2017-11
Bruce Biegel1 other2017-11
Christopher French2024-08
Christopher Neuner2024-08
David Kirwan2023-03
David Ridore2024-08
Mary Jordan2024-08
Paul Chachko2017-11
Registry & provenance

Throtle, 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
1723887
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
Microshare, Inc.Other TechnologySeries B$28.1M$50.3Mnetwork1 shared operator · same sector · same stage
Visible Technologies IncOther TechnologySeries B$156.5M$85.4Mnetwork1 shared operator · same sector · same stage
Clinkle CorpOther TechnologySeries B$49.6M$15.2Msame sector · same stage
OurStage, IncOther TechnologySeries A$32.6M$10.9Mnetwork1 shared operator · same sector
Engage3 Holdings, Inc.Other TechnologySeries B$59.7M$14.9Msame sector · same stage
Auditude IncOther TechnologySeries A$25.6M$263.5Mnetwork1 shared operator · same sector
Layered Technologies IncOther TechnologySeries C$101.8M$157.1Mnetwork1 shared operator · same sector
Sonavation IncOther TechnologySeries B$69.9M$15.2Msame 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
Thryv Holdings, Inc.Other TechnologyPre-Seed$27.3M86%
Thrivity CorpOther TechnologyPre-Seed$3.8M85%
Thub, Inc.Other TechnologyPre-Seed$3.2M85%
Teralytic Inc.Other TechnologySeries A$188.3M84%
TeraSpatial, Inc.Other TechnologySeed$20.0M84%
Talix, Inc.Other TechnologySeries A$124.9M84%
Thundra, Inc.Other TechnologySeed$136.3M84%
Webrotator, Inc.Other TechnologySeries A$138.7M84%
Frequently asked
How much funding has Throtle, Inc. raised?
Throtle, Inc. has raised approximately $48.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Throtle, Inc.'s estimated valuation?
Provath's modeled valuation for Throtle, Inc. is approximately $15.1M (modeled range $5.2M–$26.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Throtle, Inc. at?
Throtle, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Aug 28.
What does Throtle, Inc. do and where is it based?
Throtle, Inc. operates in the Other Technology sector, based in RED BANK.
Explore related

See where Throtle, 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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