Companies · Other

TILT Holdings Inc.Winter 2012Acquired

Phoenix · CA, USA · Other · founded 2011 · http://tilt.com

Diligence memoA one-page analyst read on TILT Holdings Inc. — recommendation, valuation, rhythm, risks.
$102.2M
Total raised · real
6
Rounds
0.1×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Mon May 15 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

TILT Holdings Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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 0.08× the median modeled value of Series C Other companies in 2022–2024 (192 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.1 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

TILT Holdings Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
7.6 yr record
Peak capital year was 2023 with $57.3M across 2 filings.
Market position
ahead of 96% of Other peers
Capital scale is ahead of 96% of Other peers; modeled value is above 69% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Some evidence
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • Capital program peaked in 2023: $57.3M across 2 filings.
  • Largest single filing was $52.8M on 2023-02-15.
  • Filing rows sum to $125.3M, while canonical raised total is $102.2M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

TILT Holdings Inc. is one of 25015 Other companies tracked from Phoenix, CA, USA, on record since 2011. By capital raised it ranks among the largest (ahead of 96% 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.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Mobile crowdfunding: The easiest way to collect, fundraise, and sell…

Tilt is a technology company that makes it easy for groups and communities to collect, fundraise, or pool money securely and effectively online. In addition to helping social organizers, the company is legally certified in securing fundraisers for non-profit organizations.

Crowdfunding
Find TILT Holdings Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
6
Investors (latest)
2018
Year incorporated
2023-05-15
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$1.0BSeries B · 2018-11-16 Raised $36M (real) Modeled valuation $602M (est)Series B2018Series A · 2019-11-22 Raised $5.6M (real) Modeled valuation $85M (est)Series A2019Series A · 2019-11-22 Raised $5.6M (real) Modeled valuation $85M (est)Series A2019Series A · 2019-11-22 Raised $5.6M (real) Modeled valuation $85M (est)Series A2019Pre-Seed · 2019-11-22 Raised $299K (real) Modeled valuation $6.9M (est)Pre-Seed2019Series B · 2019-11-22 Raised $5.6M (real) Modeled valuation $93M (est)Series B2019Pre-Seed · 2019-11-22 Raised $299K (real) Modeled valuation $6.9M (est)Pre-Seed2019Series A · 2019-11-22 Raised $5.6M (real) Modeled valuation $85M (est)Series A2019Series B · 2019-11-22 Raised $299K (real) Modeled valuation $5.0M (est)Series B2019Series B · 2019-11-22 Raised $2.7M (real) Modeled valuation $45M (est)Series B2019Series C · 2023-02-15 Raised $53M (real) Modeled valuation $537M (est)Series C2023Series C · 2023-05-15 Raised $4.5M (real) Modeled valuation $44M (est)Series C2023Cumulative $125M

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 B$36.3M · 2018
Bridge · Series B-stage$5.6M · 2019smaller follow-on
Bridge · Series B-stage$5.6M · 2019smaller follow-on
Bridge · Series B-stage$5.6M · 2019smaller follow-on
Bridge · Series B-stage$299K · 2019smaller follow-on
Series B extension$5.6M · 2019
Bridge · Series B-stage$299K · 2019smaller follow-on
Bridge · Series B-stage$5.6M · 2019smaller follow-on
Series B extension$299K · 2019
Series B extension$2.7M · 2019
Series C$52.8M · 2023
Series C extension$4.5M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$43.6M
Base estimate est.
$17.4M
Conservative case
$77.5M
Upside case
$30.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $602.4M · 2018-11-162018Series A · modeled $85.1M · 2019-11-22Series A · modeled $85.1M · 2019-11-22Series A · modeled $85.1M · 2019-11-22Pre-Seed · modeled $6.9M · 2019-11-22Series B · modeled $93.4M · 2019-11-22Pre-Seed · modeled $6.9M · 2019-11-22Series A · modeled $85.1M · 2019-11-22Series B · modeled $5.0M · 2019-11-22Series B · modeled $45.4M · 2019-11-22Series C · modeled $537.0M · 2023-02-15Series C · modeled $43.6M · 2023-05-152023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$22.7M/yr
Capital velocity
7.6 yr
On record since
2018
First round
12
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 50× above median
This company$102.2M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$4.5M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 2.5× above median
This company$43.6M
Sector median$17.7M

Raised more than 96% of sector peers (real $). Modeled value above 69% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #179 of 192.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Wild Type, Inc. · Series C Raised $115.6M · modeled $1.2B (est)Thingy Thing Inc. · Series C Raised $118.4M · modeled $1.2B (est)Intelycare, Inc. · Series C Raised $142.1M · modeled $1.2B (est)CertiK Global Ltd. · Series C Raised $233.4M · modeled $1.1B (est)Ivanhoe Electric Inc. · Series C Raised $157.6M · modeled $1.0B (est)Social Life Network, Inc. · Series C Raised $202.1M · modeled $1.0B (est)Ecoark Holdings, Inc. · Series C Raised $109.6M · modeled $1.0B (est)Marcella Golf Club LLC · Series C Raised $100.0M · modeled $1.0B (est)IAFD Holdings, LP · Series C Raised $88.4M · modeled $999.4M (est)CRB Topco LLC · Series C Raised $98.7M · modeled $995.9M (est)Alera Group Ultimate Holdings, LLC · Series C Raised $100.0M · modeled $993.4M (est)Redwire Corp · Series C Raised $80.8M · modeled $971.7M (est)TILT Holdings Inc. (this company) Raised $102.2M · modeled $43.6M (est)TILT Holdings Inc.
CompanyStageRaised · realValue · estvs peer med.
Wild Type, Inc.Series C$115.6M$1.2B2.33×
Thingy Thing Inc.Series C$118.4M$1.2B2.26×
Intelycare, Inc.Series C$142.1M$1.2B2.20×
CertiK Global Ltd.Series C$233.4M$1.1B2.00×
Ivanhoe Electric Inc.Series C$157.6M$1.0B1.95×
Social Life Network, Inc.Series C$202.1M$1.0B1.91×
Ecoark Holdings, Inc.Series C$109.6M$1.0B1.88×
Marcella Golf Club LLCSeries C$100.0M$1.0B1.88×
IAFD Holdings, LPSeries C$88.4M$999.4M1.87×
CRB Topco LLCSeries C$98.7M$995.9M1.86×
Alera Group Ultimate Holdings, LLCSeries C$100.0M$993.4M1.86×
Redwire CorpSeries C$80.8M$971.7M1.82×
TILT Holdings Inc. this companySeries C$102.2M$43.6M0.08×
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 B$36.3M2018-11-16$201.4M$602.4M90%
Series A$5.6M2019-11-22$25.5M$85.1M90%
Series A$5.6M2019-11-22$25.5M$85.1M90%
Series A$5.6M2019-11-22$25.5M$85.1M90%
Pre-Seed$299K2019-11-22$1.7M$6.9M90%
Series B$5.6M2019-11-22$31.2M$93.4M90%
Pre-Seed$299K2019-11-22$1.7M$6.9M90%
Series A$5.6M2019-11-22$25.5M$85.1M90%
Series B$299K2019-11-22$1.7M$5.0M90%
Series B$2.7M2019-11-22$15.2M$45.4M90%
Series C$52.8M2023-02-15$351.8M$537.0M90%
Series C$4.5M2023-05-15$30.0M$43.6M90%
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. Series B$36.3M2018-11-16
    • First recorded raise — entered as Series B.
    • 121 investors on this round.
  2. Series A$5.6M2019-11-22
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 6.5× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Series A$5.6M2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  4. Series A$5.6M2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  5. Pre-Seed$299K2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 18.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Series B$5.6M2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 18.8× larger than the prior — scaling up.
    • 3 investors on this round.
  7. Pre-Seed$299K2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 18.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  8. Series A$5.6M2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 18.8× larger than the prior — scaling up.
    • 3 investors on this round.
  9. Series B$299K2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 18.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  10. Series B$2.7M2019-11-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 9.1× larger than the prior — scaling up.
    • 1 investor on this round.
  11. Series C$52.8M2023-02-15
    • Raised again after 39 mo — slower than the ~11 mo sector norm.
    • Round 19.3× larger than the prior — scaling up.
    • 6 investors on this round.
  12. Series C$4.5M2023-05-15
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 11.7× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~5mo cadence
$4.5M
Modeled next size est.range $4.5M$7.2M
0.1×
Last step-up
$22.7M/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
Chris Kelly8 other2019-11
GARY SMITH7 other2019-11
Mark Coleman2 other2019-11
Michael Orr2 other2018-11
Adam Draizin1 other2019-11
Joel Milton1 other2019-11
Adam F. Draizin2023-02
Alexander M. Coleman2018-11
Arthur Smuck2019-11
Brad F. Hoch2023-02
Brad Hoch2019-11
Chris F. Kelly2023-02
Dana Arvidson2019-11
D'Angela F. Simms2023-02
D'Angela Simms2019-11
David Caloia2019-11
Gary F. Santo2023-02
Gary Santo2019-11
Geoffrey M. Hamm2018-11
George Odden2019-11
Jane Batzofin2019-11
Jane Mathieu2019-11
John Barravecchia2019-11
John F. Barravecchia2023-02
Registry & provenance

TILT Holdings 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
1761510
SEC CIK
2018
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
Njoy IncOtherSeries C$229.0M$1.2Bnetwork1 shared operator · same sector · same stage
AYRO, Inc.OtherSeries C$108.6M$43.5Msame sector · same stage
AALP Holdings, LLCOtherSeries C$114.3M$41.8Msame sector · same stage
Vention Medical Holdings, Inc.OtherSeries C$132.8M$42.9Msame sector · same stage
Med Fusion, LLCOther Health CareSeries C$92.9M$1.4Bnetwork1 shared operator · same stage
Bill.Com, Inc.OtherSeries C$184.6M$44.7Msame sector · same stage
ERGO Baby Holding CorpOtherSeries C$48.5M$42.9Msame sector · same stage
SIMR Parent, LLCOtherSeries C$47.5M$45.7Msame 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
Tilt (f.k.a. Delphia)
Tilt lets anyone build an index out of any content on the web.
Fintech77%
Tiltify, Inc.Other TechnologySeries A$167.9M72%
Sliced Investing
Crowdfunding for hedge funds
71%
Podium Corporation, Inc.
Get more leads. Make more money.
FintechSeries C$2.0B71%
SparkGift
SparkGift makes it easy to send stocks and index funds as gifts to…
71%
Finary
Discord for investing.
Fintech71%
Tilt Five, Inc.Other TechnologySeries A$66.8M71%
Rally Tax
AI-native tax platform to save $1T+ for Americans
Fintech71%
Frequently asked
How much funding has TILT Holdings Inc. raised?
TILT Holdings Inc. has raised approximately $102.2M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is TILT Holdings Inc.'s estimated valuation?
Provath's modeled valuation for TILT Holdings Inc. is approximately $43.6M (modeled range $17.4M–$77.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is TILT Holdings Inc. at?
TILT Holdings Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Mon May 15.
What does TILT Holdings Inc. do and where is it based?
TILT Holdings Inc. operates in the Other sector, based in Phoenix, CA, USA. Mobile crowdfunding: The easiest way to collect, fundraise, and sell…
Explore related

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

Is this your company?

If you work at TILT Holdings Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.