Diligence memo · auto-generated · as of July 1, 2026
Variable, Inc.
Variable, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Variable, Inc. operates in Other Technology, based in CHATTANOOGA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Variable, Inc. has raised $3.7M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.0M on 2013-05-03.
Most recent recorded round closed around 2014-02-10.
Valuation (modeled)modeled
Provath models Variable, Inc. at approximately $8.5M (range $221K–$67M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.16× the median modeled value of Seed Other Technology companies in 2013–2015 (1027 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 176 months.
Last raise 12.4 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 53% of Other Technology peers (21292 compared).
Modeled value ranks above 21% of those peers.
Closest niche peers: Database Solutions, Inc., Fishbowl, Inc., CourseHorse, Inc., BAK USA Technologies Corp., Golfkick Llc.
Peoplefiled
5 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.