Companies · Other

TPG-Axon Cym Sub-Trust

WILMINGTON · Other

Diligence memoA one-page analyst read on TPG-Axon Cym Sub-Trust — recommendation, valuation, rhythm, risks.→
$132.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Sep 30 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

TPG-Axon Cym Sub-Trust looks under-valued against its niche peers and is dormant 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 0.59× the median modeled value of Series D+ Other companies in 2007–2009 (21 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.8 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.
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

TPG-Axon Cym Sub-Trust is one of 25015 Other companies tracked from WILMINGTON. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest 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
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$1.3B$2.5B$3.8B$5.0BSeries D+ · 2009-09-30 Raised $132M (real) Modeled valuation $2.3B (est)$132M$2.3BSeries D+2009

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 D+$132.0M · 2009

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$2.3B
Base estimate est.
$748.0M
Conservative case
$5.0B
Upside case
$1.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+ — a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
16.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
17.0 yr
On record since
2009
First round
1
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)▲ 65× above median
This company$132.0M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage)▲ 1.1× above median
This company$132.0M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages)▲ 129× above median
This company$2.3B
Sector median$17.7M

Raised more than 97% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #17 of 21.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Prime Infrastructure Trust 2 · Series D+ Raised $368.6M · modeled $6.4B (est)Prime Infrastructure Trust · Series D+ Raised $368.6M · modeled $6.4B (est)Prime Infrastructure Holdings Ltd · Series D+ Raised $368.6M · modeled $6.4B (est)BEN Holdings, Inc. · Series D+ Raised $333.0M · modeled $5.7B (est)Alliance Laundry Equipment Receivables Trust 2009-A · Series D+ Raised $330.0M · modeled $5.7B (est)Sun Life Assurance CO of Canada (US) Variable Account S · Series D+ Raised $784.0M · modeled $5.2B (est)Nelnet Student Loan Trust 2009-1 · Series D+ Raised $294.6M · modeled $5.1B (est)Trailsend Ventures Llc · Series D+ Raised $260.0M · modeled $4.5B (est)Rangers Baseball Express LLC · Series D+ Raised $260.0M · modeled $4.5B (est)Anthony Descendants Trust · Series D+ Raised $260.0M · modeled $4.5B (est)Princeton Review Inc · Series D+ Raised $441.2M · modeled $3.9B (est)Central European Distribution Corp · Series D+ Raised $225.0M · modeled $3.9B (est)TPG-Axon Cym Sub-Trust (this company) Raised $132.0M · modeled $2.3B (est)TPG-Axon Cym Sub-Trust
CompanyStageRaised · realValue · estvs peer med.
Prime Infrastructure Trust 2Series D+$368.6M$6.4B1.63×
Prime Infrastructure TrustSeries D+$368.6M$6.4B1.63×
Prime Infrastructure Holdings LtdSeries D+$368.6M$6.4B1.63×
BEN Holdings, Inc.Series D+$333.0M$5.7B1.48×
Alliance Laundry Equipment Receivables Trust 2009-ASeries D+$330.0M$5.7B1.46×
Sun Life Assurance CO of Canada (US) Variable Account SSeries D+$784.0M$5.2B1.32×
Nelnet Student Loan Trust 2009-1Series D+$294.6M$5.1B1.31×
Trailsend Ventures LlcSeries D+$260.0M$4.5B1.15×
Rangers Baseball Express LLCSeries D+$260.0M$4.5B1.15×
Anthony Descendants TrustSeries D+$260.0M$4.5B1.15×
Princeton Review IncSeries D+$441.2M$3.9B1.00×
Central European Distribution CorpSeries D+$225.0M$3.9B1.00×
TPG-Axon Cym Sub-Trust this companySeries D+$132.0M$2.3B0.59×
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 D+$132.0M2009-09-30$1.1B$2.3B90%
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 D+$132.0M2009-09-30
    • First recorded raise — entered as Series D+.
Intelligence
—
Modeled next raise
$211.2M
Modeled next size est.range $137.3M–$337.9M
—
Last step-up
—
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
Annette E. Morgan——2009-09
Mary A. Lee——2009-09
Registry & provenance

TPG-Axon Cym Sub-Trust 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
1474368
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
BioPharma Debt Holdings I, Ltd.OtherSeries D+$132.0M$2.3Bsame sector · same stage
FLYR, Inc.OtherSeries D+$131.7M$1.5Bsame sector · same stage
ConvergeOne Holdings, Inc.OtherSeries D+$131.7M$2.3Bsame sector · same stage
Marietta Holding CorpOtherSeries D+$132.7M$2.3Bsame sector · same stage
iTrust Capital, Inc.OtherSeries D+$131.2M$1.8Bsame sector · same stage
Acon Sequitur Investors Ii, LlcOtherSeries D+$133.3M$2.3Bsame sector · same stage
Iris Holdings L.P.OtherSeries D+$130.5M$1.8Bsame sector · same stage
American Achievement Group Holding Corp.OtherSeries D+$130.5M$2.3Bsame sector · same stage
Frequently asked
How much funding has TPG-Axon Cym Sub-Trust raised?
TPG-Axon Cym Sub-Trust has raised approximately $132.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is TPG-Axon Cym Sub-Trust's estimated valuation?
Provath's modeled valuation for TPG-Axon Cym Sub-Trust is approximately $2.3B (modeled range $748.0M–$5.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is TPG-Axon Cym Sub-Trust at?
TPG-Axon Cym Sub-Trust's latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Sep 30.
What does TPG-Axon Cym Sub-Trust do and where is it based?
TPG-Axon Cym Sub-Trust operates in the Other sector, based in WILMINGTON.
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