Diligence memo · auto-generated · as of July 2, 2026
Trainual, Inc.
Trainual, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Trainual, Inc. operates in Business Services, based in SCOTTSDALE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Trainual, Inc. has raised $28M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $21M on 2021-06-17.
Most recent recorded round closed around 2021-06-17.
Valuation (modeled)modeled
Provath models Trainual, Inc. at approximately $356M (range $53M–$1.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.80× the median modeled value of Series B Business Services companies in 2019–2021 (19 peers) — value vs value, same stage and era. Within the normal band (80% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 5.0 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Business Services peers (2439 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Buyers Edge Platform, LLC, Incident IQ, LLC, Mercury Acquisition Inc., Recom Trading Inc., Analytical Wizards, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.