Diligence memo · auto-generated · as of July 2, 2026

Token, Inc.

Token, Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Token, Inc. operates in Other, based in SAN FRANCISCO.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Token, Inc. has raised $19M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $19M on 2017-04-03.

Most recent recorded round closed around 2017-04-03.

Valuation (modeled)modeled

Provath models Token, Inc. at approximately $310M (range $47M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.93× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era. Within the normal band (93% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 9.2 yr ago; this sector typically re-raises about every 11 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 85% of Other peers (25008 compared).

Modeled value ranks above 91% of those peers.

Closest niche peers: EIP Investment Holdings, LLC, HD MSouth Holdings, LLC, Aston Holding Corp., AirClean Holdings, Inc., Westminster Virginia LP.

Peoplefiled

4 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.