Diligence memo · auto-generated · as of July 2, 2026
Vela Systems Inc
Vela Systems Inc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Vela Systems Inc operates in Other Technology, based in BURLINGTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Vela Systems Inc has raised $27M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2007-06-28.
Most recent recorded round closed around 2010-08-19.
Valuation (modeled)modeled
Provath models Vela Systems Inc at approximately $168M (range $8.1M–$914M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.08× the median modeled value of Series A Other Technology companies in 2010–2012 (618 peers) — value vs value, same stage and era. Within the normal band (108% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 15.9 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 87% of Other Technology peers (21302 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Infineta Systems, Inc., Solera Networks Inc, G5 Search Marketing, Inc., Synos Technology, Inc., Admeld Inc.
Peoplefiled
12 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.