Companies · Other Technology

Tocaro Blue, LLC

PENSACOLA · Other Technology

Diligence memoA one-page analyst read on Tocaro Blue, LLC — recommendation, valuation, rhythm, risks.
$6.9M
Total raised · real
3
Rounds
1.2×
Latest step-up
Top 35%
Sector rank · raised
Seed
Latest stage · inferred · Fri Aug 29 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Tocaro Blue, LLC looks fair against its niche peers and is active 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.

Fair
  • Modeled value is 1.09× the median modeled value of Seed Other Technology companies in 2025–2027 (456 peers) — value vs value, same stage and era.
  • Within the normal band (109% of peer median) for its niche.
Active
  • Last raise 10 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

Tocaro Blue, LLC 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
3.0 yr record
Peak capital year was 2023 with $3.8M across 2 filings.
Market position
ahead of 66% of Other Technology peers
Capital scale is ahead of 66% of Other Technology peers; modeled value is above 16% 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
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $3.8M across 2 filings.
  • Largest single filing was $3.0M on 2023-06-21.
  • Filing rows sum to $7.7M, while canonical raised total is $6.9M; 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.
  • 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 Technology

Tocaro Blue, LLC is one of 21292 Other Technology companies tracked from PENSACOLA. By capital raised it ranks mid-pack (ahead of 66% 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
19
Investors (latest)
2025-08-29
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$13M$25M$38M$50MSeed · 2023-06-21 Raised $3.0M (real) Modeled valuation $25M (est)$3.0M$25MSeed2023Pre-Seed · 2023-06-21 Raised $750K (real) Modeled valuation $6.3M (est)$750K$6.3MPre-Seed2023Seed · 2024-09-17 Raised $1.8M (real) Modeled valuation $8.3M (est)$1.8M$8.3MSeed2024Seed · 2025-08-29 Raised $2.1M (real) Modeled valuation $6.2M (est)$2.1M$6.2MSeed2025+$750K+$1.8M+$2.1MCumulative $7.7M

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
Seed$3.0M · 2023
Bridge · Seed-stage$750K · 2023smaller follow-on
Seed extension$1.8M · 2024
Seed extension$2.1M · 2025

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

Modeled valuation trajectory
$6.2M
Base estimate est.
$1.9M
Conservative case
$12.0M
Upside case
$10.6M
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 technology sector profile. Directional, not a quoted figure.

Seed · modeled $24.8M · 2023-06-212023Pre-Seed · modeled $6.3M · 2023-06-21Seed · modeled $8.3M · 2024-09-17Seed · modeled $6.2M · 2025-08-292025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
0.8 yr
Elapsed time used
0.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$3.2M/yr
Capital velocity
3.0 yr
On record since
2023
First round
4
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) 2.2× above median
This company$6.9M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.1M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$6.2M
Sector median$37.3M

Raised more than 66% of sector peers (real $). Modeled value above 16% 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 #194 of 456.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Income Laboratory, Inc. · Seed Raised $8.4M · modeled $14.6M (est)Strala Group, Inc. · Seed Raised $4.0M · modeled $14.3M (est)Volur, Inc. · Seed Raised $7.0M · modeled $14.3M (est)Tensor9 Inc. · Seed Raised $4.0M · modeled $14.2M (est)TwinKnowledge Inc · Seed Raised $3.7M · modeled $14.0M (est)C-981, Inc · Seed Raised $3.9M · modeled $14.0M (est)Captain XYZ, Inc. · Seed Raised $4.0M · modeled $13.9M (est)Solcoro LLC · Seed Raised $4.0M · modeled $13.8M (est)NewPayHealth, Inc. · Seed Raised $3.7M · modeled $13.7M (est)Thread Magic, Inc. · Seed Raised $11.1M · modeled $13.6M (est)DAPTA Inc. · Seed Raised $4.0M · modeled $13.6M (est)Valiot Inc. · Seed Raised $9.4M · modeled $13.4M (est)Tocaro Blue, LLC (this company) Raised $6.9M · modeled $6.2M (est)Tocaro Blue, LLC
CompanyStageRaised · realValue · estvs peer med.
Income Laboratory, Inc.Seed$8.4M$14.6M2.57×
Strala Group, Inc.Seed$4.0M$14.3M2.52×
Volur, Inc.Seed$7.0M$14.3M2.52×
Tensor9 Inc.Seed$4.0M$14.2M2.50×
TwinKnowledge IncSeed$3.7M$14.0M2.47×
C-981, IncSeed$3.9M$14.0M2.46×
Captain XYZ, Inc.Seed$4.0M$13.9M2.45×
Solcoro LLCSeed$4.0M$13.8M2.43×
NewPayHealth, Inc.Seed$3.7M$13.7M2.42×
Thread Magic, Inc.Seed$11.1M$13.6M2.39×
DAPTA Inc.Seed$4.0M$13.6M2.39×
Valiot Inc.Seed$9.4M$13.4M2.37×
Tocaro Blue, LLC this companySeed$6.9M$6.2M1.09×
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.
Seed$3.0M2023-06-21$15.0M$24.8M90%
Pre-Seed$750K2023-06-21$4.2M$6.3M90%
Seed$1.8M2024-09-17$9.1M$8.3M90%
Seed$2.1M2025-08-29$10.6M$6.2M90%
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. Seed$3.0M2023-06-21
    • First recorded raise — entered as Seed.
    • 25 investors on this round.
  2. Pre-Seed$750K2023-06-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  3. Seed$1.8M2024-09-17
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 9 investors on this round.
  4. Seed$2.1M2025-08-29
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~9mo cadence
$2.5M
Modeled next size est.range $2.1M$4.0M
1.2×
Last step-up
$3.2M/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
John Minor2023-06
Thomas L Patterson2023-06
Tristan L Rizzi2023-06
Tristan Rizzi2023-06
Registry & provenance

Tocaro Blue, LLC 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
1984689
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
DepositLink Inc.Other TechnologySeed$7.0M$6.4Msame sector · same stage
Axcend, LlcOther TechnologySeed$7.6M$6.5Msame sector · same stage
Big Live, Inc.Other TechnologySeed$7.8M$6.0Msame sector · same stage
Couple.com Inc.Other TechnologySeed$6.1M$5.9Msame sector · same stage
Manetu, Inc.Other TechnologySeed$5.5M$6.2Msame sector · same stage
Mansa Holdings, Inc.Other TechnologySeed$9.3M$6.2Msame sector · same stage
SalesCaddy, Inc.Other TechnologySeed$4.8M$6.1Msame sector · same stage
HexaTech IncOther TechnologySeed$10.7M$6.0Msame 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
Totango, Inc.Other TechnologySeries A$195.7M87%
Toussaint CorpOther TechnologySeries A$83.8M86%
Blue222, LLCOther TechnologyPre-Seed$11.0M86%
Tozuda, Inc.Other TechnologyPre-Seed$2.5M85%
Blue222, Inc.Other TechnologySeed$1.1M85%
Ofcolor Inc.Other TechnologySeed$16.4M85%
BlueCard Inc.Other TechnologyPre-Seed$21.2M85%
BlueConic Holding, Inc.Other TechnologySeries A$357.4M85%
Frequently asked
How much funding has Tocaro Blue, LLC raised?
Tocaro Blue, LLC has raised approximately $6.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Tocaro Blue, LLC's estimated valuation?
Provath's modeled valuation for Tocaro Blue, LLC is approximately $6.2M (modeled range $1.9M–$12.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tocaro Blue, LLC at?
Tocaro Blue, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Aug 29.
What does Tocaro Blue, LLC do and where is it based?
Tocaro Blue, LLC operates in the Other Technology sector, based in PENSACOLA.
Explore related

See where Tocaro Blue, LLC 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 Tocaro Blue, LLC, 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.