Companies · Other

Victory Capital Holdings, Inc.

Brooklyn · Other

Diligence memoA one-page analyst read on Victory Capital Holdings, Inc. — recommendation, valuation, rhythm, risks.
$385.6M
Total raised · real
5
Rounds
84.9×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Jul 29 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Victory Capital Holdings, Inc. looks fair 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.

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

Fair
  • Modeled value is 0.74× the median modeled value of Series D+ Other companies in 2016–2018 (88 peers) — value vs value, same stage and era.
  • Within the normal band (74% of peer median) for its niche.
Dormant
  • Last raise 9.9 yr ago; this sector typically re-raises about every 11 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

Victory Capital Holdings, Inc. 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
13.4 yr record
Peak capital year was 2013 with $318.4M across 6 filings.
Market position
ahead of 99% of Other peers
Capital scale is ahead of 99% of Other peers; modeled value is above 98% 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • 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: $318.4M across 6 filings.
  • Largest single filing was $164.9M on 2014-10-31.
  • Filing rows sum to $578.0M, while canonical raised total is $385.6M; 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

Victory Capital Holdings, Inc. is one of 25008 Other companies tracked from Brooklyn. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest 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
122
Investors (latest)
2013
Year incorporated
2016-07-29
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$1.3B$2.5B$3.8B$5.0BSeries B · 2013-02-19 Raised $24M (real) Modeled valuation $391M (est)Series B2013Series A · 2013-02-19 Raised $6.0M (real) Modeled valuation $90M (est)Series A2013Series A · 2013-02-19 Raised $6.0M (real) Modeled valuation $90M (est)Series A2013Series D+ · 2013-02-19 Raised $126M (real) Modeled valuation $2.2B (est)Series D+2013Series C · 2013-02-19 Raised $79M (real) Modeled valuation $1.4B (est)Series C2013Series C · 2013-02-19 Raised $78M (real) Modeled valuation $1.3B (est)Series C2013Series D+ · 2014-10-31 Raised $165M (real) Modeled valuation $2.8B (est)Series D+2014Series D+ · 2015-04-27 Raised $225K (real) Modeled valuation $3.9M (est)Series D+2015Series D+ · 2015-04-30 Raised $1.1M (real) Modeled valuation $19M (est)Series D+2015Series D+ · 2016-07-29 Raised $93M (real) Modeled valuation $1.6B (est)Series D+2016+$6.0M+$6.0M+$126M+$79M+$78M+$165M+$225K+$1.1M+$93MCumulative $578M

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
Series B$23.5M · 2013
Bridge · Series B-stage$6.0M · 2013smaller follow-on
Bridge · Series B-stage$6.0M · 2013smaller follow-on
Series D+$126.1M · 2013no Series C on file
Bridge · Series D+-stage$79.2M · 2013smaller follow-on
Bridge · Series D+-stage$77.6M · 2013smaller follow-on
Series D+ extension$164.9M · 2014
Series D+ extension$225K · 2015
Series D+ extension$1.1M · 2015
Series D+ extension$93.4M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$1.6B
Base estimate est.
$529.0M
Conservative case
$3.5B
Upside case
$778.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $391.2M · 2013-02-192013Series A · modeled $90.4M · 2013-02-19Series A · modeled $90.5M · 2013-02-19Series D+ · modeled $2.2B · 2013-02-19Series C · modeled $1.4B · 2013-02-19Series C · modeled $1.3B · 2013-02-19Series D+ · modeled $2.8B · 2014-10-31Series D+ · modeled $3.9M · 2015-04-27Series D+ · modeled $19.0M · 2015-04-30Series D+ · modeled $1.6B · 2016-07-292016
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
9.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$112.1M/yr
Capital velocity
13.4 yr
On record since
2013
First round
10
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 189× above median
This company$385.6M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.7× of median
This company$93.4M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 91× above median
This company$1.6B
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #68 of 88.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)BIB Merchant Voucher Receivables Ltd · Series D+ Raised $750.0M · modeled $6.9B (est)Beacon Roofing Supply Inc · Series D+ Raised $696.1M · modeled $6.9B (est)Marlin9 Holdings, Inc. · Series D+ Raised $389.5M · modeled $6.7B (est)Crackle Holdings, L.P. · Series D+ Raised $387.2M · modeled $6.7B (est)Optimize Topco, Inc. · Series D+ Raised $372.0M · modeled $6.4B (est)Transportation Insight Topco, L.P. · Series D+ Raised $369.9M · modeled $6.4B (est)PT Holdings, LLC · Series D+ Raised $358.1M · modeled $6.2B (est)Blue Star Parent, L.P. · Series D+ Raised $326.2M · modeled $5.6B (est)Elo Investors, L.P. · Series D+ Raised $317.4M · modeled $5.5B (est)Alera Group Holdings, Inc. · Series D+ Raised $282.5M · modeled $4.9B (est)Panda Holdco Llc · Series D+ Raised $281.1M · modeled $4.9B (est)Millennium Park Topco, LLC · Series D+ Raised $604.4M · modeled $4.4B (est)Victory Capital Holdings, Inc. (this company) Raised $385.6M · modeled $1.6B (est)Victory Capital Holdings, Inc.
CompanyStageRaised · realValue · estvs peer med.
BIB Merchant Voucher Receivables LtdSeries D+$750.0M$6.9B3.18×
Beacon Roofing Supply IncSeries D+$696.1M$6.9B3.18×
Marlin9 Holdings, Inc.Series D+$389.5M$6.7B3.09×
Crackle Holdings, L.P.Series D+$387.2M$6.7B3.07×
Optimize Topco, Inc.Series D+$372.0M$6.4B2.95×
Transportation Insight Topco, L.P.Series D+$369.9M$6.4B2.94×
PT Holdings, LLCSeries D+$358.1M$6.2B2.84×
Blue Star Parent, L.P.Series D+$326.2M$5.6B2.59×
Elo Investors, L.P.Series D+$317.4M$5.5B2.52×
Alera Group Holdings, Inc.Series D+$282.5M$4.9B2.24×
Panda Holdco LlcSeries D+$281.1M$4.9B2.23×
Millennium Park Topco, LLCSeries D+$604.4M$4.4B2.04×
Victory Capital Holdings, Inc. this companySeries D+$385.6M$1.6B0.74×
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.
Series B$23.5M2013-02-19$130.8M$391.2M85%
Series A$6.0M2013-02-19$27.2M$90.4M85%
Series A$6.0M2013-02-19$27.2M$90.5M85%
Series D+$126.1M2013-02-19$1.1B$2.2B90%
Series C$79.2M2013-02-19$528.3M$1.4B85%
Series C$77.6M2013-02-19$517.6M$1.3B85%
Series D+$164.9M2014-10-31$1.4B$2.8B85%
Series D+$225K2015-04-27$1.9M$3.9M85%
Series D+$1.1M2015-04-30$9.2M$19.0M85%
Series D+$93.4M2016-07-29$778.0M$1.6B85%
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. Series B$23.5M2013-02-19
    • First recorded raise — entered as Series B.
    • 68 investors on this round.
  2. Series A$6.0M2013-02-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.9× smaller than the prior — bridge or down round.
    • 34 investors on this round.
  3. Series A$6.0M2013-02-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 36 investors on this round.
  4. Series D+$126.1M2013-02-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 21.1× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 158 investors on this round.
  5. Series C$79.2M2013-02-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
    • 106 investors on this round.
  6. Series C$77.6M2013-02-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 100 investors on this round.
  7. Series D+$164.9M2014-10-31
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 57 investors on this round.
  8. Series D+$225K2015-04-27
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 732.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  9. Series D+$1.1M2015-04-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.9× larger than the prior — scaling up.
    • 2 investors on this round.
  10. Series D+$93.4M2016-07-29
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 84.9× larger than the prior — scaling up.
    • 122 investors on this round.
Intelligence
2016 ~Q4
Modeled next raise · ~5mo cadence
$280.1M
Modeled next size est.range $182.0M$448.1M
84.9×
Last step-up
$112.1M/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 Brown24 other2013-02
JAMES HAWKES1 other2013-02
ALAN D. RAPPAPORT2013-02
ALAN J. RAPPAPORT2013-02
ALAN RAPPAPORT2013-02
ALEX BINDEROW2013-02
ALEX D. BINDEROW2013-02
ALEX J. BINDEROW2013-02
CAROLINE D. BLISS2016-07
CAROLINE J. BLISS2013-02
CHRISTOPHER A. OHMACHT2013-02
CHRISTOPHER OHMACHT2013-02
DAVID C. BROWN2013-02
EVELYN PELLICONE2013-02
GREGORY EWALD2013-02
GREGORY J. EWALD2013-02
GUY D. MINETTI2013-02
GUY J. MINETTI2013-02
JAMES D. HAWKES2013-02
JAMES J. HAWKES2013-02
KARIN D. HIRTLER-GARVEY2013-02
KARIN J. HIRTLER-GARVEY2013-02
KELLY C. CLIFF2013-02
LAWRENCE D. DAVANZO2013-02
Registry & provenance

Victory Capital Holdings, 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
1570827
SEC CIK
2013
Incorporated
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Frequently asked
How much funding has Victory Capital Holdings, Inc. raised?
Victory Capital Holdings, Inc. has raised approximately $385.6M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Victory Capital Holdings, Inc.'s estimated valuation?
Provath's modeled valuation for Victory Capital Holdings, Inc. is approximately $1.6B (modeled range $529.0M–$3.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Victory Capital Holdings, Inc. at?
Victory Capital Holdings, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Jul 29.
What does Victory Capital Holdings, Inc. do and where is it based?
Victory Capital Holdings, Inc. operates in the Other sector, based in Brooklyn.
Explore related

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

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