Diligence memo · auto-generated · as of July 2, 2026
Top Image Systems Ltd
Top Image Systems Ltd looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Top Image Systems Ltd operates in Computers, based in Ramat Gan 52573.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Top Image Systems Ltd has raised $2.9M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.9M on 2011-06-13.
Most recent recorded round closed around 2011-06-13.
Valuation (modeled)modeled
Provath models Top Image Systems Ltd at approximately $116M (range $2.6M–$912M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.83× the median modeled value of Seed Computers companies in 2010–2012 (82 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 15.1 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 59% of Computers peers (1371 compared).
Modeled value ranks above 75% of those peers.
Closest niche peers: Mykonos Software Inc, dynaTrace software, Inc., Netsol Technologies Inc, VM6 Software, Inc., Intrinsity Inc.
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.