Companies · Software / Tech
NEW YORK · Software / Tech · refined from filed group “Other Technology”
Diligence memoA one-page analyst read on Waffle Labs, Inc. — recommendation, valuation, rhythm, risks.→Waffle Labs, Inc. looks under-valued against its niche peers and is active 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.
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.
Waffle Labs, Inc. is one of 3920 Software / Tech companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 68% of sector peers), and in the long tail 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.
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.
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.
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.
Benchmarked against 3920 companies in Software / Tech. 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.
Raised more than 68% of sector peers (real $). Modeled value above 8% of peers (estimate).
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 #199 of 205.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Integrity Labs, Inc. | Series A | $15.0M | $62.6M | 2.97× |
| Volteras Technologies, Inc. | Series A | $14.6M | $59.4M | 2.82× |
| Unto Labs, Inc. | Series A | $14.4M | $57.7M | 2.74× |
| Veda Tech Labs Inc. | Series A | $18.0M | $57.1M | 2.71× |
| Caliber Labs, PBC | Series A | $14.4M | $53.9M | 2.56× |
| Doji Labs, Inc. | Series A | $13.6M | $53.0M | 2.52× |
| KEA Cloud, Inc. | Series A | $13.7M | $52.2M | 2.48× |
| CherryCircle Software, Inc. | Series A | $32.4M | $52.0M | 2.47× |
| Blacksmith Software Inc. | Series A | $13.6M | $51.3M | 2.44× |
| Frenzy Crop Systems, Inc. | Series A | $13.6M | $51.2M | 2.43× |
| Million Software, Inc. | Series A | $13.6M | $51.1M | 2.43× |
| TAU Systems Inc. | Series A | $12.5M | $50.9M | 2.42× |
| Waffle Labs, Inc. this company | Series A | $10.5M | $2.1M | 0.10× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $955K | 2018-12-04 | $5.3M | $40.5M | 90% |
| Pre-Seed | $100K | 2018-12-04 | $556K | $4.2M | 90% |
| Series A | $5.0M | 2021-03-19 | $22.7M | $103.9M | 90% |
| Seed | $2.1M | 2022-05-20 | $10.6M | $29.3M | 90% |
| Seed | $3.3M | 2022-05-20 | $16.6M | $46.0M | 90% |
| Series A | $4.0M | 2022-05-20 | $18.2M | $51.8M | 90% |
| Seed | $2.1M | 2022-05-20 | $10.6M | $29.3M | 90% |
| Series A | $500K | 2025-03-07 | $2.3M | $2.1M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Michael Li | — | 4 other | 2018-12 |
| Quentin Coolen | — | — | 2018-12 |
| Sam Barnsley | — | — | 2021-03 |
| Samuel Barnsley | — | — | 2018-12 |
| William C. Marcoux | — | — | 2021-03 |
| William Marcoux | — | — | 2022-05 |
Waffle Labs, 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.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| EcoMap Technologies, Inc. | Software / Tech | Series A | $10.3M | $727K | same sector · same stage |
| Intermap Technologies Corp | Software / Tech | Series A | $10.7M | $3.3M | same sector · same stage |
| Optasia Technologies, Inc. | Software / Tech | Series A | $9.5M | $3.4M | same sector · same stage |
| Chain.io, Inc. | Software / Tech | Series A | $12.0M | $3.7M | same sector · same stage |
| Aesir Technologies, Inc. | Software / Tech | Series A | $8.9M | $999K | same sector · same stage |
| Ryp Labs, Inc. | Software / Tech | Series A | $12.7M | $688K | same sector · same stage |
| Omnivore Technologies, Inc. | Software / Tech | Series A | $13.0M | $3.1M | same sector · same stage |
| Tm Technologies Inc | Software / Tech | Series A | $13.3M | $2.5M | same sector · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| WAGMI Labs Inc. | Software / Tech | Seed | $38.0M | 86% |
| JAM-Labs Corp | Software / Tech | Seed | $40.9M | 83% |
| Salad Technologies, Inc. | Software / Tech | Series A | $37.5M | 81% |
| Workflow Labs Inc. | Software / Tech | Seed | $3.7M | 81% |
| Wyze Labs, Inc. | Software / Tech | Series D+ | $2.7B | 81% |
| Nest Egg Labs, Inc. | Software / Tech | Pre-Seed | $4.8M | 81% |
| Cheehoo Labs Inc. | Software / Tech | Series A | $63.5M | 81% |
| Sesame Labs, Inc. | Software / Tech | Series A | $50.6M | 81% |
See where Waffle Labs, 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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