Companies · Other Technology

Veriteq

DELRAY BEACH · Other Technology

Diligence memoA one-page analyst read on Veriteq — recommendation, valuation, rhythm, risks.
$16.6M
Total raised · real
16
Rounds
10.5×
Latest step-up
Top 20%
Sector rank · raised
Recurring offerings
Latest stage · inferred · Wed Jan 28 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Veriteq has raised $17M over 16 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Program ended
  • Last raise 11.4 yr ago; this sector typically re-raises about every 13 months.
  • For a recurring offering issuer, long silence usually means the offering program is inactive or ended; it is not proof the legal entity is defunct.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Recurring offering issuermedium confidence

Veriteq behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Program-like
Frequent filings and follow-ons read more like a securities offering program than discrete startup rounds.
Lifecycle
15.7 yr record
Peak capital year was 2013 with $12.8M across 4 filings.
Market position
ahead of 81% of Other Technology peers
Capital scale is ahead of 81% of Other Technology peers; modeled value is above 44% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • 21 dated financing filings, averaging about 3 months apart.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2013: $12.8M across 4 filings.
  • Largest single filing was $7.4M on 2013-07-08.
  • Filing rows sum to $22.8M, while canonical raised total is $16.6M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Technology

Veriteq is one of 21292 Other Technology companies tracked from DELRAY BEACH. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and mid-pack 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 year

This issuer has a dense recurring filing history, so the chart groups filings by year. Solid bars are annual reported capital reported; hatched bars show the latest modeled value est. observed in that year. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Annual capital raised · realLatest value in year · estCumulative funded · real

Dense history compressed: 21 filings shown as 6 yearly buckets. Hover a bucket for filing count, annual capital, and latest modeled value.

$0$25M$50M$75M$100M2010: 1 filing Raised $356K total (real) Latest modeled valuation $15M (est)20101 filings2011: 1 filing Raised $2.0M total (real) Latest modeled valuation $68M (est)20111 filings2012: 1 filing Raised $500K total (real) Latest modeled valuation $17M (est)20121 filings2013: 4 filings Raised $13M total (real) Latest modeled valuation $50M (est)20134 filings2014: 13 filings Raised $6.0M total (real) Latest modeled valuation $2.8M (est)201413 filings2015: 1 filing Raised $1.0M total (real) Latest modeled valuation $29M (est)20151 filings+$2.0M+$500K+$13M+$6.0M+$1.0MCumulative $23M

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

This looks like a recurring offering series, so a VC stage ladder would be misleading. Showing the filed offering sequence instead.

Initial offering$356K · 2010
Follow-on offering$2.0M · 2011
Follow-on offering$500K · 2012
Follow-on offering$7.4M · 2013
Follow-on offering$1.8M · 2013
Follow-on offering$1.8M · 2013
Follow-on offering$1.8M · 2013
Follow-on offering$300K · 2014
Follow-on offering$300K · 2014
Follow-on offering$125K · 2014
Follow-on offering$128K · 2014
Follow-on offering$184K · 2014
Follow-on offering$115K · 2014
Follow-on offering$100K · 2014
Follow-on offering$222K · 2014
Follow-on offering$1.8M · 2014
Follow-on offering$1.8M · 2014
Follow-on offering$375K · 2014
Follow-on offering$375K · 2014
Follow-on offering$100K · 2014
Follow-on offering$1.0M · 2015
Modeled valuation trajectory
$29.1M
Base estimate est.
$1.4M
Conservative case
$158.1M
Upside case
$4.8M
Modeled post-money

This issuer files recurring offerings, so the model treats stage labels as a loose sizing heuristic, not a clean VC ladder. The estimate anchors on reported filing amounts and dates, then applies benchmark dilution, survival, and markup assumptions. Directional, not a quoted figure.

Pre-Seed · modeled $15.1M · 2010-10-152010Seed · modeled $68.1M · 2011-02-25Seed · modeled $17.0M · 2012-08-27Series A · modeled $205.1M · 2013-07-08Series A · modeled $50.4M · 2013-11-13Series A · modeled $50.4M · 2013-11-13Series A · modeled $50.4M · 2013-11-13Series A · modeled $8.3M · 2014-05-30Series A · modeled $8.3M · 2014-05-30Series A · modeled $3.5M · 2014-07-16Series A · modeled $3.5M · 2014-08-20Series A · modeled $5.1M · 2014-08-20Series A · modeled $3.2M · 2014-08-25Series A · modeled $2.8M · 2014-08-26Series A · modeled $6.2M · 2014-10-20Series A · modeled $51.1M · 2014-10-31Series A · modeled $51.1M · 2014-10-31Series A · modeled $10.4M · 2014-11-03Series A · modeled $10.4M · 2014-11-03Series A · modeled $2.8M · 2014-12-26Series A · modeled $29.1M · 2015-01-282015
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
11.4 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$3.9M/yr
Capital velocity
15.7 yr
On record since
2010
First round
21
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 5.2× above median
This company$16.6M
Sector median$3.2M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$29.1M
Sector median$37.3M

Raised more than 81% of sector peers (real $). Modeled value above 44% of peers (estimate).

Full financing history

This issuer files too frequently for VC stage labels to be meaningful, so rows are shown as initial/follow-on offerings est. instead of Pre-Seed/Seed/Series buckets.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Initial offering$356K2010-10-15$2.0M$15.1M90%
Follow-on offering$2.0M2011-02-25$10.0M$68.1M90%
Follow-on offering$500K2012-08-27$2.5M$17.0M90%
Follow-on offering$7.4M2013-07-08$33.6M$205.1M90%
Follow-on offering$1.8M2013-11-13$8.3M$50.4M90%
Follow-on offering$1.8M2013-11-13$8.3M$50.4M90%
Follow-on offering$1.8M2013-11-13$8.3M$50.4M90%
Follow-on offering$300K2014-05-30$1.4M$8.3M90%
Follow-on offering$300K2014-05-30$1.4M$8.3M90%
Follow-on offering$125K2014-07-16$568K$3.5M90%
Follow-on offering$128K2014-08-20$580K$3.5M90%
Follow-on offering$184K2014-08-20$834K$5.1M90%
Follow-on offering$115K2014-08-25$523K$3.2M90%
Follow-on offering$100K2014-08-26$455K$2.8M90%
Follow-on offering$222K2014-10-20$1.0M$6.2M90%
Follow-on offering$1.8M2014-10-31$8.4M$51.1M90%
Follow-on offering$1.8M2014-10-31$8.4M$51.1M90%
Follow-on offering$375K2014-11-03$1.7M$10.4M90%
Follow-on offering$375K2014-11-03$1.7M$10.4M90%
Follow-on offering$100K2014-12-26$455K$2.8M90%
Follow-on offering$1.0M2015-01-28$4.8M$29.1M90%
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. Initial offering$356K2010-10-15
    • First recorded raise — entered as Initial offering.
  2. Follow-on offering$2.0M2011-02-25
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 5.6× larger than the prior — scaling up.
  3. Follow-on offering$500K2012-08-27
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round 4.0× smaller than the prior — bridge or down round.
  4. Follow-on offering$7.4M2013-07-08
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round 14.8× larger than the prior — scaling up.
  5. Follow-on offering$1.8M2013-11-13
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 4.1× smaller than the prior — bridge or down round.
  6. Follow-on offering$1.8M2013-11-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  7. Follow-on offering$1.8M2013-11-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  8. Follow-on offering$300K2014-05-30
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 6.1× smaller than the prior — bridge or down round.
  9. Follow-on offering$300K2014-05-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  10. Follow-on offering$125K2014-07-16
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
  11. Follow-on offering$128K2014-08-20
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
  12. Follow-on offering$184K2014-08-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
  13. Follow-on offering$115K2014-08-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  14. Follow-on offering$100K2014-08-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  15. Follow-on offering$222K2014-10-20
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
  16. Follow-on offering$1.8M2014-10-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.3× larger than the prior — scaling up.
  17. Follow-on offering$1.8M2014-10-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  18. Follow-on offering$375K2014-11-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.9× smaller than the prior — bridge or down round.
  19. Follow-on offering$375K2014-11-03
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  20. Follow-on offering$100K2014-12-26
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
  21. Follow-on offering$1.0M2015-01-28
    • Came back fast: 1 mo vs the ~13 mo sector norm.
    • Round 10.5× larger than the prior — scaling up.
Intelligence
2015 ~Q2
Modeled next raise · ~3mo cadence
$3.1M
Modeled next size est.range $2.0M$5.0M
10.5×
Last step-up
$3.9M/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
Ned L. Siegel4 other2013-11
Michael E. Krawitz2 other2013-11
Scott R. Silverman2 other2013-07
Barry M. Edelstein1 other2013-07
Daniel E. Penni2010-10
Dennis G. Rawan2010-10
Jason G. Prescott2010-10
John R. Block2010-10
Joseph J. Grillo2010-10
Lorraine K. Breece2013-07
Lorraine M. Breece2012-08
Marc S. Gelberg2014-10
Michael E. Krawtiz2014-10
Michael M. Krawitz2013-07
Michael S. Zarriello2010-10
Parke H. Hess2010-10
Randolph K. Geissler2013-07
Shawn A. Wooden2013-11
Shawn M. Wooden2013-07
Registry & provenance

Veriteq 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
924642
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
POSITIVEID CorpOther TechnologySeries A$25.9M$30.0Mnetwork4 shared operators · same sector · same stage
Opencity, Inc.Other TechnologySeries A$16.5M$29.0Msame sector · same stage
Zageno Inc.Other TechnologySeries A$15.9M$28.4Msame sector · same stage
Livelike Inc.Other TechnologySeries A$17.5M$28.0Msame sector · same stage
Electronifie Inc.Other TechnologySeries A$15.7M$29.1Msame sector · same stage
SpringBig, Inc.Other TechnologySeries A$17.8M$29.7Msame sector · same stage
TransVoyant, Inc.Other TechnologySeries A$18.0M$28.0Msame sector · same stage
Pfi Acquisition, Inc.Other TechnologySeries A$15.1M$28.1Msame sector · same stage
Frequently asked
How much funding has Veriteq raised?
Veriteq has raised approximately $16.6M in disclosed capital across 16 recorded financing rounds, aggregated from public filings.
What is Veriteq's estimated valuation?
Provath's modeled valuation for Veriteq is approximately $29.1M (modeled range $1.4M–$158.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Veriteq at?
Veriteq shows a recurring offering pattern rather than a clean VC stage progression. Its most recent recorded round closed around Wed Jan 28.
What does Veriteq do and where is it based?
Veriteq operates in the Other Technology sector, based in DELRAY BEACH.
Explore related

See where Veriteq sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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