Companies · Other Technology

VeriTread, LLC

Lakeland · Other Technology

Diligence memoA one-page analyst read on VeriTread, LLC — recommendation, valuation, rhythm, risks.
$5.0M
Total raised · real
3
Rounds
3.9×
Latest step-up
Top 42%
Sector rank · raised
Seed
Latest stage · inferred · Thu Apr 04 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

VeriTread, LLC looks over-valued against its niche peers and is dormant on financing cadence.

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.

Over-valued
  • Modeled value is 2.25× the median modeled value of Seed Other Technology companies in 2019–2021 (1049 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.2 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

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

Issuer-vehicle patternmedium confidence

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

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
13.6 yr record
Peak capital year was 2019 with $3.5M across 1 filings.
Market position
ahead of 59% of Other Technology peers
Capital scale is ahead of 59% of Other Technology peers; modeled value is above 75% 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
Normal 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $3.5M across 1 filings.
  • Largest single filing was $3.5M on 2019-04-04.
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.
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

VeriTread, LLC is one of 21292 Other Technology companies tracked from Lakeland. By capital raised it ranks mid-pack (ahead of 59% 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
8
Investors (latest)
2019-04-04
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$50M$100M$150M$200MPre-Seed · 2012-11-30 Raised $600K (real) Modeled valuation $25M (est)$600K$25MPre-Seed2012Pre-Seed · 2013-02-15 Raised $900K (real) Modeled valuation $38M (est)$900K$38MPre-Seed2013Seed · 2019-04-04 Raised $3.5M (real) Modeled valuation $119M (est)$3.5M$119MSeed2019+$900K+$3.5MCumulative $5.0M

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
Pre-Seed$600K · 2012
Pre-Seed extension$900K · 2013
Seed$3.5M · 2019

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$119.3M
Base estimate est.
$3.1M
Conservative case
$935.7M
Upside case
$17.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $25.4M · 2012-11-302012Pre-Seed · modeled $38.1M · 2013-02-15Seed · modeled $119.3M · 2019-04-042019
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
6.0 yr
Elapsed time used
7.2 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
38 mo
Avg between rounds
$789K/yr
Capital velocity
13.6 yr
On record since
2012
First round
3
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) 1.6× above median
This company$5.0M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.0× above median
This company$3.5M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 3.2× above median
This company$119.3M
Sector median$37.3M

Raised more than 59% of sector peers (real $). Modeled value above 75% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #44 of 1,049.

This companyCohort peer
$100.0M$1.0B$1.0M$10.0MCapital raised (log)Altinity Inc. · Seed Raised $6.9M · modeled $136.3M (est)Platypus Institute Inc. · Seed Raised $6.5M · modeled $136.3M (est)Social Circle, LLC · Seed Raised $4.5M · modeled $136.3M (est)Pointivo, Inc. · Seed Raised $5.4M · modeled $136.3M (est)RealtimeX Inc. · Seed Raised $4.0M · modeled $136.3M (est)Scholastic Network Partners, LLC · Seed Raised $4.0M · modeled $136.3M (est)Thundra, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Sideqik, Inc. · Seed Raised $4.0M · modeled $136.3M (est)LevelOps Inc. · Seed Raised $4.0M · modeled $136.3M (est)Zebrium, Inc. · Seed Raised $7.3M · modeled $136.3M (est)Datawire, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Centercode, Inc. · Seed Raised $7.5M · modeled $136.3M (est)VeriTread, LLC (this company) Raised $5.0M · modeled $119.3M (est)VeriTread, LLC
CompanyStageRaised · realValue · estvs peer med.
Altinity Inc.Seed$6.9M$136.3M2.57×
Platypus Institute Inc.Seed$6.5M$136.3M2.57×
Social Circle, LLCSeed$4.5M$136.3M2.57×
Pointivo, Inc.Seed$5.4M$136.3M2.57×
RealtimeX Inc.Seed$4.0M$136.3M2.57×
Scholastic Network Partners, LLCSeed$4.0M$136.3M2.57×
Thundra, Inc.Seed$4.0M$136.3M2.57×
Sideqik, Inc.Seed$4.0M$136.3M2.57×
LevelOps Inc.Seed$4.0M$136.3M2.57×
Zebrium, Inc.Seed$7.3M$136.3M2.57×
Datawire, Inc.Seed$4.0M$136.3M2.57×
Centercode, Inc.Seed$7.5M$136.3M2.57×
VeriTread, LLC this companySeed$5.0M$119.3M2.25×
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.
Pre-Seed$600K2012-11-30$3.3M$25.4M85%
Pre-Seed$900K2013-02-15$5.0M$38.1M85%
Seed$3.5M2019-04-04$17.5M$119.3M90%
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. Pre-Seed$600K2012-11-30
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$900K2013-02-15
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Seed$3.5M2019-04-04
    • Raised again after 74 mo — slower than the ~13 mo sector norm.
    • Round 3.9× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~38mo cadence
$10.5M
Modeled next size est.range $6.8M$16.8M
3.9×
Last step-up
$789K/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
Michael G. Stone1 other2013-02
Dante G. Pletcher2012-11
Jeffrey G. Cox, Jr.2012-11
Registry & provenance

VeriTread, LLC 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
1564791
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
Rainway, Inc.Other TechnologySeed$5.0M$120.1Msame sector · same stage
Gather Innovations, Inc.Other TechnologySeed$5.0M$121.0Msame sector · same stage
Trapelo CorpOther TechnologySeed$5.1M$115.8Msame sector · same stage
blispay inc.Other TechnologySeed$4.8M$122.0Msame sector · same stage
Workstreamer, Inc.Other TechnologySeed$5.2M$123.9Msame sector · same stage
CultureTech, Inc.Other TechnologySeed$4.8M$119.3Msame sector · same stage
TechPubs, Inc.Other TechnologySeed$5.3M$114.8Msame sector · same stage
PactSafe, Inc.Other TechnologySeed$5.3M$121.0Msame sector · same stage
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
Veritwin, IncOther TechnologyPre-Seed$271K90%
Verituity, Inc.Other TechnologySeries B$159.3M90%
VeriTX Corp.Other TechnologySeed$51.6M89%
Veylan, Inc.Other TechnologySeries A$19.1M86%
VeriSolutions, LLCOther TechnologySeed$82.4M86%
Vectice Inc.Other TechnologySeed$56.6M86%
Verif-y, Inc.Other TechnologySeries A$20.4M86%
Bereave, LLCOther TechnologyPre-Seed$3.0M86%
Frequently asked
How much funding has VeriTread, LLC raised?
VeriTread, LLC has raised approximately $5.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is VeriTread, LLC's estimated valuation?
Provath's modeled valuation for VeriTread, LLC is approximately $119.3M (modeled range $3.1M–$935.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is VeriTread, LLC at?
VeriTread, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Apr 04.
What does VeriTread, LLC do and where is it based?
VeriTread, LLC operates in the Other Technology sector, based in Lakeland.
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