Diligence memo · auto-generated · as of July 2, 2026

Wandering Bear Inc.

Wandering Bear Inc. looks fair against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 2.0× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Wandering Bear Inc. operates in Other, based in New York.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Wandering Bear Inc. has raised $31M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $8.0M on 2018-02-02.

Most recent recorded round closed around 2025-02-14.

Valuation (modeled)modeled

Provath models Wandering Bear Inc. at approximately $15M (range $5.5M–$28M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.78× the median modeled value of Series A Other companies in 2025–2027 (487 peers) — value vs value, same stage and era. Within the normal band (78% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 14 months.

Last raise 17 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round stepped up 2.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 90% of Other peers (25015 compared).

Modeled value ranks above 47% of those peers.

Closest niche peers: Sea Court GP, LLC, Kastle Biopartners II LP, Econic Investment LLC, DCFC Holdings, LLC, HeadVantage Corp.

Peoplefiled

9 named people on file across officers, directors and signatories.

Risks & flagsmixed

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.