Companies · Business Services

Vericred, Inc.

New York · Business Services

Diligence memoA one-page analyst read on Vericred, Inc. — recommendation, valuation, rhythm, risks.
$45.2M
Total raised · real
7
Rounds
0.4×
Latest step-up
Top 6%
Sector rank · raised
Series B
Latest stage · inferred · Fri May 19 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Vericred, 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 business services sector profile.

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 0.58× the median modeled value of Series B Business Services companies in 2022–2024 (27 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.1 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Business Services

Vericred, Inc. is one of 2438 Business Services companies tracked from New York. By capital raised it ranks among the largest (ahead of 95% of sector peers), and in the upper tier 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
Rule 506(b)
Reg D exemption
4
Investors (latest)
2023-05-19
First sale
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$125M$250M$375M$500MSeed · 2014-07-23 Raised $1.1M (real) Modeled valuation $29M (est)Seed2014Seed · 2015-07-01 Raised $1.5M (real) Modeled valuation $38M (est)Seed2015Seed · 2015-12-22 Raised $3.1M (real) Modeled valuation $79M (est)Seed2015Series A · 2017-05-10 Raised $5.5M (real) Modeled valuation $114M (est)Series A2017Series A · 2019-04-22 Raised $1.2M (real) Modeled valuation $26M (est)Series A2019Series B · 2021-03-22 Raised $23M (real) Modeled valuation $416M (est)Series B2021Series B · 2023-05-19 Raised $10M (real) Modeled valuation $97M (est)Series B2023+$1.5M+$3.1M+$5.5M+$1.2M+$23M+$10MCumulative $45M

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
Seed$1.1M · 2014
Seed extension$1.5M · 2015
Seed extension$3.1M · 2015
Series A$5.5M · 2017
Series A extension$1.2M · 2019
Series B$22.7M · 2021
Series B extension$10.0M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$97.3M
Base estimate est.
$25.6M
Conservative case
$215.6M
Upside case
$55.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Seed · modeled $28.6M · 2014-07-232014Seed · modeled $38.1M · 2015-07-01Seed · modeled $78.9M · 2015-12-22Series A · modeled $114.5M · 2017-05-10Series A · modeled $25.7M · 2019-04-22Series B · modeled $416.2M · 2021-03-22Series B · modeled $97.3M · 2023-05-192023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
69%
Survival probability
46% low · 85% high
1.34×/yr
Annual markup
1.63×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$5.1M/yr
Capital velocity
11.9 yr
On record since
2014
First round
7
Rounds on file
How it compares to the market

Benchmarked against 2438 companies in Business Services. 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) 31× above median
This company$45.2M
Sector median$1.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$10.0M
Sector median$19.0M
Modeled value — vs sector median (estimate, all stages) 6.5× above median
This company$97.3M
Sector median$15.1M

Raised more than 95% of sector peers (real $). Modeled value above 86% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #18 of 27.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Socially Determined, Inc. · Series B Raised $39.9M · modeled $293.7M (est)SWISS GROUP FINANCE Corp · Series B Raised $20.0M · modeled $268.3M (est)Truora Inc. · Series B Raised $18.2M · modeled $259.0M (est)C3 Capital, Inc. · Series B Raised $40.0M · modeled $256.4M (est)Relay Ridge Capital LLC · Series B Raised $44.6M · modeled $255.3M (est)StayNTouch, Inc. · Series B Raised $17.6M · modeled $222.3M (est)KLDiscovery Inc. · Series B Raised $34.1M · modeled $209.5M (est)Mix Capital Ltd · Series B Raised $35.0M · modeled $195.3M (est)Etalon · Series B Raised $20.1M · modeled $193.5M (est)Roam Co LLC · Series B Raised $28.1M · modeled $186.7M (est)ABI Holdings LLC · Series B Raised $30.0M · modeled $182.8M (est)BPC Mach 1 Holdings, LLC · Series B Raised $29.3M · modeled $180.9M (est)Vericred, Inc. (this company) Raised $45.2M · modeled $97.3M (est)Vericred, Inc.
CompanyStageRaised · realValue · estvs peer med.
Socially Determined, Inc.Series B$39.9M$293.7M1.76×
SWISS GROUP FINANCE CorpSeries B$20.0M$268.3M1.61×
Truora Inc.Series B$18.2M$259.0M1.56×
C3 Capital, Inc.Series B$40.0M$256.4M1.54×
Relay Ridge Capital LLCSeries B$44.6M$255.3M1.53×
StayNTouch, Inc.Series B$17.6M$222.3M1.33×
KLDiscovery Inc.Series B$34.1M$209.5M1.26×
Mix Capital LtdSeries B$35.0M$195.3M1.17×
EtalonSeries B$20.1M$193.5M1.16×
Roam Co LLCSeries B$28.1M$186.7M1.12×
ABI Holdings LLCSeries B$30.0M$182.8M1.10×
BPC Mach 1 Holdings, LLCSeries B$29.3M$180.9M1.09×
Vericred, Inc. this companySeries B$45.2M$97.3M0.58×
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.
Seed$1.1M2014-07-23$5.6M$28.6M85%
Seed$1.5M2015-07-01$7.5M$38.1M85%
Seed$3.1M2015-12-22$15.5M$78.9M85%
Series A$5.5M2017-05-10$25.1M$114.5M90%
Series A$1.2M2019-04-22$5.6M$25.7M90%
Series B$22.7M2021-03-22$126.1M$416.2M90%
Series B$10.0M2023-05-19$55.8M$97.3M90%
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. Seed$1.1M2014-07-23
    • First recorded raise — entered as Seed.
    • 10 investors on this round.
  2. Seed$1.5M2015-07-01
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
  3. Seed$3.1M2015-12-22
    • Came back fast: 6 mo vs the ~12 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 20 investors on this round.
  4. Series A$5.5M2017-05-10
    • Raised 17 mo later, in step with the ~12 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 15 investors on this round.
  5. Series A$1.2M2019-04-22
    • Raised again after 23 mo — slower than the ~12 mo sector norm.
    • Round 4.5× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  6. Series B$22.7M2021-03-22
    • Raised again after 23 mo — slower than the ~12 mo sector norm.
    • Round 18.3× larger than the prior — scaling up.
    • 9 investors on this round.
  7. Series B$10.0M2023-05-19
    • Raised again after 26 mo — slower than the ~12 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~18mo cadence
$10.0M
Modeled next size est.range $10.0M$16.1M
0.4×
Last step-up
$5.1M/yr
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
David Williams16 other2019-04
Matthew King7 other2017-05
ANDREW BOULDIN4 other2021-03
Jessica Zeaske4 other2021-03
Max Chee3 other2021-03
James Lloyd1 other2021-03
Michael Levin1 other2014-07
Dan Langevin2015-12
Jim Gerson2015-12
Richard Teller2015-12
Roy Vingan2015-12
Willem Van Rijn2015-12
Registry & provenance

Vericred, 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.

United States
Country of record
US
Jurisdiction
1620730
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.

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Semantically similar

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.

CompanySectorStageValue · estMatch
Verticus Solutions IncBusiness ServicesSeries A$8.1M84%
Vehiculo, Inc.Business ServicesSeries A$186.2M80%
Vericool, Inc.ManufacturingSeries B$224.6M80%
Vyzion, Inc.Business ServicesSeries A$108.9M79%
Kredifi, Inc.Business ServicesSeed$76.2M78%
Vyllage CoBusiness ServicesSeries A$32.1M78%
Aurarius Investment Group, Inc.Business ServicesPre-Seed$9.0M77%
VEI Solutions, Inc.ConstructionPre-Seed$9.4M77%
Frequently asked
How much funding has Vericred, Inc. raised?
Vericred, Inc. has raised approximately $45.2M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Vericred, Inc.'s estimated valuation?
Provath's modeled valuation for Vericred, Inc. is approximately $97.3M (modeled range $25.6M–$215.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Vericred, Inc. at?
Vericred, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri May 19.
What does Vericred, Inc. do and where is it based?
Vericred, Inc. operates in the Business Services sector, based in New York.
Explore related

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