Companies · Other

VirtualWorks Group Inc.

Boca Raton · Other

Diligence memoA one-page analyst read on VirtualWorks Group Inc. — recommendation, valuation, rhythm, risks.
$46.4M
Total raised · real
7
Rounds
1.1×
Latest step-up
Top 9%
Sector rank · raised
Series A
Latest stage · inferred · Mon Aug 31 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

VirtualWorks Group 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 1.29× the median modeled value of Series A Other companies in 2013–2015 (623 peers) — value vs value, same stage and era.
  • Within the normal band (129% of peer median) for its niche.
Dormant
  • Last raise 10.8 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

VirtualWorks Group Inc. is one of 25015 Other companies tracked from Boca Raton. By capital raised it ranks among the largest (ahead of 92% 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
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$200MSeries A · 2011-04-22 Raised $10M (real) Modeled valuation $153M (est)Series A2011Series A · 2011-04-22 Raised $6.7M (real) Modeled valuation $101M (est)Series A2011Series A · 2012-06-26 Raised $150K (real) Modeled valuation $2.3M (est)Series A2012Series A · 2013-02-25 Raised $5.9M (real) Modeled valuation $90M (est)Series A2013Series A · 2013-02-25 Raised $9.3M (real) Modeled valuation $140M (est)Series A2013Series A · 2015-02-13 Raised $6.7M (real) Modeled valuation $101M (est)Series A2015Series A · 2015-08-31 Raised $7.5M (real) Modeled valuation $114M (est)Series A2015+$6.7M+$150K+$5.9M+$9.3M+$6.7M+$7.5MCumulative $46M

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 A$10.1M · 2011
Series A extension$6.7M · 2011
Series A extension$150K · 2012
Series A extension$5.9M · 2013
Series A extension$9.3M · 2013
Series A extension$6.7M · 2015
Series A extension$7.5M · 2015

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: 33%.

Modeled valuation trajectory
$113.9M
Base estimate est.
$10.3M
Conservative case
$619.3M
Upside case
$34.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $153.1M · 2011-04-222011Series A · modeled $101.0M · 2011-04-22Series A · modeled $2.3M · 2012-06-26Series A · modeled $90.0M · 2013-02-25Series A · modeled $140.2M · 2013-02-25Series A · modeled $101.1M · 2015-02-13Series A · modeled $113.9M · 2015-08-312015
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
10.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$10.6M/yr
Capital velocity
15.2 yr
On record since
2011
First round
7
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 23× above median
This company$46.4M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.3× above median
This company$7.5M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 6.4× above median
This company$113.9M
Sector median$17.7M

Raised more than 92% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #203 of 623.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Biloxi Baseball, LLC · Series A Raised $15.0M · modeled $227.0M (est)United Sample Inc · Series A Raised $31.2M · modeled $227.0M (est)Revolution Lighting Technologies, Inc. · Series A Raised $18.8M · modeled $227.0M (est)County Waste of Virginia, LLC · Series A Raised $15.0M · modeled $227.0M (est)Marathon Patent Group, Inc. · Series A Raised $38.4M · modeled $227.0M (est)New Gold Recovery USA, Inc. · Series A Raised $17.8M · modeled $227.0M (est)Profile Products Institutional Co-Investor Holdings, LLC · Series A Raised $15.0M · modeled $227.0M (est)Sound Seal Holdings, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Nitro Software PTY LTD · Series A Raised $15.0M · modeled $227.0M (est)Content Partners Cyber Holdco, LP · Series A Raised $15.0M · modeled $227.0M (est)CanWel Building Materials Group Ltd. · Series A Raised $15.0M · modeled $227.0M (est)ZAG America, LLC · Series A Raised $15.0M · modeled $227.0M (est)VirtualWorks Group Inc. (this company) Raised $46.4M · modeled $113.9M (est)VirtualWorks Group Inc.
CompanyStageRaised · realValue · estvs peer med.
Biloxi Baseball, LLCSeries A$15.0M$227.0M2.57×
United Sample IncSeries A$31.2M$227.0M2.57×
Revolution Lighting Technologies, Inc.Series A$18.8M$227.0M2.57×
County Waste of Virginia, LLCSeries A$15.0M$227.0M2.57×
Marathon Patent Group, Inc.Series A$38.4M$227.0M2.57×
New Gold Recovery USA, Inc.Series A$17.8M$227.0M2.57×
Profile Products Institutional Co-Investor Holdings, LLCSeries A$15.0M$227.0M2.57×
Sound Seal Holdings, Inc.Series A$15.0M$227.0M2.57×
Nitro Software PTY LTDSeries A$15.0M$227.0M2.57×
Content Partners Cyber Holdco, LPSeries A$15.0M$227.0M2.57×
CanWel Building Materials Group Ltd.Series A$15.0M$227.0M2.57×
ZAG America, LLCSeries A$15.0M$227.0M2.57×
VirtualWorks Group Inc. this companySeries A$46.4M$113.9M1.29×
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 A$10.1M2011-04-22$46.0M$153.1M90%
Series A$6.7M2011-04-22$30.3M$101.0M90%
Series A$150K2012-06-26$682K$2.3M90%
Series A$5.9M2013-02-25$27.0M$90.0M90%
Series A$9.3M2013-02-25$42.1M$140.2M90%
Series A$6.7M2015-02-13$30.4M$101.1M90%
Series A$7.5M2015-08-31$34.2M$113.9M90%
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 A$10.1M2011-04-22
    • First recorded raise — entered as Series A.
  2. Series A$6.7M2011-04-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
  3. Series A$150K2012-06-26
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 44.5× smaller than the prior — bridge or down round.
  4. Series A$5.9M2013-02-25
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 39.6× larger than the prior — scaling up.
  5. Series A$9.3M2013-02-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
  6. Series A$6.7M2015-02-13
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
  7. Series A$7.5M2015-08-31
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2016 ~Q2
Modeled next raise · ~9mo cadence
$8.5M
Modeled next size est.range $7.5M$13.6M
1.1×
Last step-up
$10.6M/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
Andy Cohen5 other2015-08
Dag Syrrist2 other2015-08
Michael Cristinziano2 other2011-04
Tim Sullivan2 other2011-04
Edward Iacobucci1 other2011-04
Andy Blix Cohen2015-02
Erik Baklid2011-04
Garrett Pettingell2011-04
Hans Blix2013-02
Hans Blix Othar2015-02
Hans Othar Blix2011-04
Hein Blix Okenhout2015-02
Hein Onkenhout2013-02
Hein Othar Onkenhout2011-04
Jostein Blix Devold2015-02
Jostein Devold2013-02
Jostein Othar Devold2011-04
Robert Spaulding2011-04
Stein Revelsby2011-04
Steven Blix Richards2015-02
Torkjell Nilsen2013-02
Registry & provenance

VirtualWorks Group 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
1496823
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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Untangle IncOther TechnologySeries A$36.7M$74.2Mnetwork1 shared operator · same stage
Revascular Therapeutics IncOtherSeries A$25.8M$109.5Msame sector · same stage
Frequently asked
How much funding has VirtualWorks Group Inc. raised?
VirtualWorks Group Inc. has raised approximately $46.4M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is VirtualWorks Group Inc.'s estimated valuation?
Provath's modeled valuation for VirtualWorks Group Inc. is approximately $113.9M (modeled range $10.3M–$619.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is VirtualWorks Group Inc. at?
VirtualWorks Group Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Aug 31.
What does VirtualWorks Group Inc. do and where is it based?
VirtualWorks Group Inc. operates in the Other sector, based in Boca Raton.
Explore related

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