Companies · Telecommunications

Tilson Technology Management, Inc.

PORTLAND · Telecommunications

Diligence memoA one-page analyst read on Tilson Technology Management, Inc. — recommendation, valuation, rhythm, risks.
$9.4M
Total raised · real
4
Rounds
1.2×
Latest step-up
Top 34%
Sector rank · raised
Seed
Latest stage · inferred · Fri Sep 29 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Tilson Technology Management, 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 telecom 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 2.26× the median modeled value of Seed Telecommunications companies in 2016–2018 (37 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.8 yr ago; this sector typically re-raises about every 10 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 Telecommunications

Tilson Technology Management, Inc. is one of 929 Telecommunications companies tracked from PORTLAND. By capital raised it ranks mid-pack (ahead of 67% 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
Rule 506(b)
Reg D exemption
6
Investors (latest)
2017-09-29
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$25M$50M$75M$100MPre-Seed · 2013-11-13 Raised $700K (real) Modeled valuation $19M (est)$700K$19MPre-Seed2013Pre-Seed · 2014-08-18 Raised $250K (real) Modeled valuation $6.7M (est)$250K$6.7MPre-Seed2014Seed · 2014-08-18 Raised $2.2M (real) Modeled valuation $47M (est)$2.2M$47MSeed2014Seed · 2016-09-30 Raised $3.0M (real) Modeled valuation $65M (est)$3.0M$65MSeed2016Seed · 2017-09-29 Raised $3.5M (real) Modeled valuation $75M (est)$3.5M$75MSeed2017+$250K+$2.2M+$3.0M+$3.5MCumulative $9.7M

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$700K · 2013
Pre-Seed extension$250K · 2014
Seed$2.2M · 2014
Seed extension$3.0M · 2016
Seed extension$3.5M · 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
$75.4M
Base estimate est.
$3.1M
Conservative case
$591.2M
Upside case
$17.5M
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 scaled by the telecom sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $18.7M · 2013-11-132013Pre-Seed · modeled $6.7M · 2014-08-18Seed · modeled $47.4M · 2014-08-18Seed · modeled $64.6M · 2016-09-30Seed · modeled $75.4M · 2017-09-292017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 60% high
1.49×/yr
Annual markup
1.96×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$2.4M/yr
Capital velocity
12.6 yr
On record since
2013
First round
5
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 2.4× above median
This company$9.4M
Sector median$4.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.2× above median
This company$3.5M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 2.7× above median
This company$75.4M
Sector median$28.3M

Raised more than 67% of sector peers (real $). Modeled value above 67% 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 #2 of 37.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Light Beam Capital, LLC · Seed Raised $4.0M · modeled $86.1M (est)NetSapiens, Inc. · Seed Raised $3.3M · modeled $71.4M (est)Exfo Inc. · Seed Raised $3.3M · modeled $70.0M (est)Vertical Communications Holdco Inc · Seed Raised $3.1M · modeled $65.8M (est)Freedom Telecom Services, Inc. · Seed Raised $4.9M · modeled $64.6M (est)Pacific Dataport Inc. · Seed Raised $3.0M · modeled $63.9M (est)Partyslate, Inc. · Seed Raised $2.8M · modeled $60.3M (est)Carenote Inc. · Seed Raised $2.5M · modeled $53.8M (est)Kaleyra S.p.A. · Seed Raised $2.4M · modeled $50.7M (est)Kwikbit Inc. · Seed Raised $6.0M · modeled $50.0M (est)Designinc.com Corp · Seed Raised $2.3M · modeled $49.7M (est)Tilson Technology Management, Inc. (this company) Raised $9.4M · modeled $75.4M (est)Tilson Technology Management, Inc.
CompanyStageRaised · realValue · estvs peer med.
Light Beam Capital, LLCSeed$4.0M$86.1M2.58×
Tilson Technology Management, Inc. this companySeed$9.4M$75.4M2.26×
NetSapiens, Inc.Seed$3.3M$71.4M2.14×
Exfo Inc.Seed$3.3M$70.0M2.10×
Vertical Communications Holdco IncSeed$3.1M$65.8M1.97×
Freedom Telecom Services, Inc.Seed$4.9M$64.6M1.94×
Pacific Dataport Inc.Seed$3.0M$63.9M1.92×
Partyslate, Inc.Seed$2.8M$60.3M1.81×
Carenote Inc.Seed$2.5M$53.8M1.61×
Kaleyra S.p.A.Seed$2.4M$50.7M1.52×
Kwikbit Inc.Seed$6.0M$50.0M1.50×
Designinc.com CorpSeed$2.3M$49.7M1.49×
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$700K2013-11-13$3.9M$18.7M85%
Pre-Seed$250K2014-08-18$1.4M$6.7M85%
Seed$2.2M2014-08-18$11.0M$47.4M85%
Seed$3.0M2016-09-30$15.0M$64.6M90%
Seed$3.5M2017-09-29$17.5M$75.4M90%
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$700K2013-11-13
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$250K2014-08-18
    • Raised 9 mo later, in step with the ~10 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Seed$2.2M2014-08-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.8× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Seed$3.0M2016-09-30
    • Raised again after 25 mo — slower than the ~10 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 4 investors on this round.
  5. Seed$3.5M2017-09-29
    • Raised 12 mo later, in step with the ~10 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
Intelligence
2018 ~Q3
Modeled next raise · ~12mo cadence
$4.1M
Modeled next size est.range $3.5M$6.5M
1.2×
Last step-up
$2.4M/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
Michael Schwartz6 other2013-11
Garrett Grunewald1 other2013-11
Nathaniel V Henshaw1 other2014-08
Chad Flynn2013-11
Chad V Flynn2014-08
Doug V Morrell2014-08
Garrett V Grunewald2014-08
Gary V Merrill2014-08
Jill V McGowan2014-08
Joshua Broder2013-11
Michael V Svigelj2016-09
Paul V Anderson2016-09
Richard V Schotte2017-09
Timothy V Schneider2017-09
Registry & provenance

Tilson Technology Management, 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
1593004
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
Mobile Search Security LLCTelecommunicationsSeed$9.2M$44.1Msame sector · same stage
Oxford County Telephone & Telegraph CoTelecommunicationsSeries A$6.5M$83.3Mnetwork1 shared operator · same sector
Biscotti Inc.TelecommunicationsSeed$7.9M$18.3Msame sector · same stage
Thinking Phone Networks, LLCTelecommunicationsSeed$7.8M$41.6Msame sector · same stage
Sionic Mobile CorpTelecommunicationsSeed$7.6M$42.3Msame sector · same stage
Edgecore Networks, Inc.TelecommunicationsSeed$7.2M$77.5Msame sector · same stage
TUPL, Inc.TelecommunicationsSeed$7.2M$33.9Msame sector · same stage
Evolveip Holdings, LlcTelecommunicationsSeed$7.0M$75.4Msame 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
Fullerton Engineering Holdings, LLCTelecommunicationsSeries A$8.8M81%
Mobileux Technologies, Inc.TelecommunicationsPre-Seed$3.9M81%
Finger Lakes Region Rural Broadband Company, Inc.TelecommunicationsSeries B$85.2M81%
Tingo, Inc.TelecommunicationsSeries C$1.5B80%
Deep Fiber Solutions, Inc.TelecommunicationsSeries A$121.0M79%
Terawave, LLCTelecommunicationsSeries B$3.8M79%
Telepath Networks, Inc.TelecommunicationsPre-Seed$17.4M79%
RTA America, Inc.TelecommunicationsPre-Seed$10.8M79%
Frequently asked
How much funding has Tilson Technology Management, Inc. raised?
Tilson Technology Management, Inc. has raised approximately $9.4M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Tilson Technology Management, Inc.'s estimated valuation?
Provath's modeled valuation for Tilson Technology Management, Inc. is approximately $75.4M (modeled range $3.1M–$591.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tilson Technology Management, Inc. at?
Tilson Technology Management, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Sep 29.
What does Tilson Technology Management, Inc. do and where is it based?
Tilson Technology Management, Inc. operates in the Telecommunications sector, based in PORTLAND.
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