Companies · Software / Tech
INDIANAPOLIS · Software / Tech · refined from filed group “Other Technology”
Diligence memoA one-page analyst read on Torchlite Technologies Inc. — recommendation, valuation, rhythm, risks.→Torchlite Technologies 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. 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.
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.
Torchlite Technologies Inc. is one of 3920 Software / Tech companies tracked from INDIANAPOLIS. By capital raised it ranks mid-pack (ahead of 50% 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.
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.
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.
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.
Benchmarked against 3920 companies in Software / Tech. 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.
Raised more than 50% of sector peers (real $). Modeled value above 23% of peers (estimate).
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 #309 of 387.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| SkyBell Technologies, Inc. | Seed | $4.8M | $64.2M | 3.92× |
| BuyerAssist.io, Inc. | Seed | $5.7M | $60.4M | 3.68× |
| Adaptive Surface Technologies, Inc. | Seed | $3.8M | $59.6M | 3.63× |
| Abstract Labs, Inc. | Seed | $3.9M | $57.2M | 3.49× |
| Elixir Lab Usa Inc. | Seed | $3.9M | $57.0M | 3.48× |
| Grounded Technologies, Inc. | Seed | $3.5M | $56.9M | 3.47× |
| Sticky Technologies, Inc./DE | Seed | $3.6M | $55.0M | 3.35× |
| Urban Shipper Technology Inc. | Seed | $4.9M | $54.3M | 3.31× |
| Rabbot Technologies Ltd | Seed | $3.8M | $53.6M | 3.27× |
| Multisig Labs, Inc. | Seed | $3.8M | $53.3M | 3.25× |
| Smartcare Software, Inc. | Seed | $3.5M | $50.2M | 3.06× |
| Determinate Systems, Inc. | Seed | $3.5M | $49.8M | 3.04× |
| Torchlite Technologies Inc. this company | Seed | $4.3M | $8.3M | 0.50× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $150K | 2015-03-18 | $833K | $6.4M | 85% |
| Pre-Seed | $400K | 2015-10-05 | $2.2M | $16.9M | 85% |
| Pre-Seed | $100K | 2016-03-24 | $556K | $4.2M | 85% |
| Seed | $1.2M | 2016-07-01 | $6.0M | $40.9M | 90% |
| Seed | $1.6M | 2016-12-09 | $8.2M | $56.0M | 90% |
| Seed | $1.4M | 2016-12-09 | $7.0M | $47.7M | 90% |
| Seed | $150K | 2018-06-27 | $750K | $5.1M | 90% |
| Seed | $150K | 2019-02-20 | $750K | $5.1M | 90% |
| Seed | $500K | 2020-04-24 | $2.5M | $17.0M | 90% |
| Seed | $225K | 2021-08-09 | $1.1M | $4.5M | 90% |
| Seed | $1.0M | 2023-06-23 | $5.0M | $8.3M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Robert Harris | — | 8 other | 2021-08 |
| Scott McCorkle | — | 3 other | 2016-12 |
| Kelly Schwedland | — | 2 other | 2023-06 |
| Tiffany McCorkle | — | 2 other | 2016-07 |
| Michael Hanna | — | 1 other | 2015-03 |
| Dustin McCormick | — | — | 2018-06 |
| Irena Goloschokin | — | — | 2023-06 |
| Jeffrey K. Rohrs | — | — | 2019-02 |
| Jeffrey Rohrs | — | — | 2020-04 |
| Jeff Rohrs | — | — | 2016-12 |
| Robert Welch, Jr. | — | — | 2016-07 |
| Shawn Herring | — | — | 2016-07 |
| Susan Marshall | — | — | 2015-03 |
Torchlite Technologies 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.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Clear Software, Inc. | Software / Tech | Seed | $1.3M | $35.9M | network1 shared operator · same sector · same stage |
| Cryomass Technologies, Inc. | Software / Tech | Seed | $4.2M | $8.4M | same sector · same stage |
| Censys Technologies Corp | Software / Tech | Seed | $4.2M | $9.2M | same sector · same stage |
| Verde Technologies Inc | Software / Tech | Seed | $4.2M | $7.4M | same sector · same stage |
| Den Technologies Inc. | Software / Tech | Seed | $4.5M | $6.1M | same sector · same stage |
| Laminr Technologies, Inc. | Software / Tech | Seed | $4.6M | $7.4M | same sector · same stage |
| Herd Labs, Inc. | Software / Tech | Seed | $4.7M | $9.4M | same sector · same stage |
| Legends Lab, Inc. | Software / Tech | Seed | $4.0M | $6.6M | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Torch Technology, Inc. | Software / Tech | Series A | $64.9M | 94% |
| GreenLite Technologies, Inc. | Software / Tech | Series B | $122.0M | 89% |
| Cinder Technologies, Inc. | Software / Tech | Series A | $135.1M | 88% |
| Torch 3D Inc. | Other Technology | Seed | $32.3M | 85% |
| TorchPro, Inc. | Other Technology | Pre-Seed | $12.6M | 85% |
| Deeplite, Inc. | Other Technology | Seed | $76.2M | 84% |
| PowerLattice Technologies Inc | Software / Tech | Series B | $91.8M | 83% |
| Ignis Technologies, Inc. | Software / Tech | Pre-Seed | $11.9M | 82% |
See where Torchlite Technologies Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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