Companies · Other Technology

Waymark, Inc. / DE

SAN FRANCISCO · Other Technology

Diligence memoA one-page analyst read on Waymark, Inc. / DE — recommendation, valuation, rhythm, risks.
$67.0M
Total raised · real
2
Rounds
0.5×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Fri Jun 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Waymark, Inc. / DE looks under-valued against its niche peers and is at-risk 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.

Under-valued
  • Modeled value is 0.42× the median modeled value of Series C Other Technology companies in 2022–2024 (187 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.0 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Waymark, Inc. / DE is one of 21292 Other Technology companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 95% 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
5
Investors (latest)
2021
Year incorporated
2023-06-30
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$250M$500M$750M$1.0BSeries C · 2021-10-08 Raised $45M (real) Modeled valuation $962M (est)$45M$962MSeries C2021Series C · 2023-06-30 Raised $22M (real) Modeled valuation $279M (est)$22M$279MSeries C2023+$22MCumulative $67M

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 C$45.0M · 2021
Series C extension$22.0M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$278.7M
Base estimate est.
$83.4M
Conservative case
$486.2M
Upside case
$146.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series C · modeled $961.8M · 2021-10-082021Series C · modeled $278.7M · 2023-06-302023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
57% low · 88% high
1.35×/yr
Annual markup
1.55×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$38.8M/yr
Capital velocity
4.7 yr
On record since
2021
First round
2
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) 21× above median
This company$67.0M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.4× of median
This company$22.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 7.5× above median
This company$278.7M
Sector median$37.3M

Raised more than 95% of sector peers (real $). Modeled value above 87% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #154 of 187.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)LinkSquares, Inc. · Series C Raised $160.2M · modeled $1.9B (est)Semperis Ltd. · Series C Raised $130.0M · modeled $1.8B (est)Veev Group, Inc. · Series C Raised $94.5M · modeled $1.8B (est)GPI Acquisitions, Inc. · Series C Raised $175.0M · modeled $1.7B (est)DVX Ventures LLC · Series C Raised $119.8M · modeled $1.5B (est)Ncr Corp · Series C Raised $73.7M · modeled $1.5B (est)RelationalAI, Inc. · Series C Raised $74.0M · modeled $1.4B (est)Nantero Inc · Series C Raised $172.9M · modeled $1.4B (est)MoEngage, Inc. · Series C Raised $172.2M · modeled $1.4B (est)H2scan Corp · Series C Raised $83.2M · modeled $1.4B (est)ITsavvy Holdings, LLC · Series C Raised $81.4M · modeled $1.4B (est)Coherent Group Inc. · Series C Raised $74.0M · modeled $1.3B (est)Waymark, Inc. / DE (this company) Raised $67.0M · modeled $278.7M (est)Waymark, Inc. / DE
CompanyStageRaised · realValue · estvs peer med.
LinkSquares, Inc.Series C$160.2M$1.9B2.80×
Semperis Ltd.Series C$130.0M$1.8B2.74×
Veev Group, Inc.Series C$94.5M$1.8B2.71×
GPI Acquisitions, Inc.Series C$175.0M$1.7B2.47×
DVX Ventures LLCSeries C$119.8M$1.5B2.27×
Ncr CorpSeries C$73.7M$1.5B2.19×
RelationalAI, Inc.Series C$74.0M$1.4B2.07×
Nantero IncSeries C$172.9M$1.4B2.06×
MoEngage, Inc.Series C$172.2M$1.4B2.05×
H2scan CorpSeries C$83.2M$1.4B2.03×
ITsavvy Holdings, LLCSeries C$81.4M$1.4B2.03×
Coherent Group Inc.Series C$74.0M$1.3B2.02×
Waymark, Inc. / DE this companySeries C$67.0M$278.7M0.42×
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 C$45.0M2021-10-08$300.0M$961.8M90%
Series C$22.0M2023-06-30$146.7M$278.7M90%
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 C$45.0M2021-10-08
    • First recorded raise — entered as Series C.
    • 22 investors on this round.
  2. Series C$22.0M2023-06-30
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~21mo cadence
$22.0M
Modeled next size est.range $22.0M$35.2M
0.5×
Last step-up
$38.8M/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
Mohamad Makhzoumi9 other2021-10
Vineeta Agarwala7 other2021-10
Rajaie Batniji2021-10
Sanjay Basu2021-10
Registry & provenance

Waymark, Inc. / DE 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
1913537
SEC CIK
2021
Incorporated
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
Kopin CorpOther TechnologySeries C$65.7M$262.8Msame sector · same stage
HyperNative Inc.Other TechnologySeries C$60.8M$296.1Msame sector · same stage
IPREO Parent Holdco LLCOther TechnologySeries C$76.0M$281.1Msame sector · same stage
Overture Networks IncOther TechnologySeries C$77.5M$263.2Msame sector · same stage
PayZen Inc.Other TechnologySeries B$43.6M$217.9Mnetwork1 shared operator · same sector
Colorcom LtdOther TechnologySeries C$54.2M$280.8Msame sector · same stage
ChartSpan Medical Technologies, Inc.Other TechnologySeries C$50.5M$257.6Msame sector · same stage
True Fit CorpOther TechnologySeries C$91.7M$265.5Msame 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
Tickmark, Inc.Other TechnologySeries A$1.8M86%
Metalmark Innovations, Inc.Other TechnologySeed$50.9M85%
SentryMark, Inc.Other TechnologySeries A$70.7M85%
OrderMark, Inc.Other TechnologySeries D+$3.2B85%
Way.com, IncOther TechnologySeed$81.8M85%
WayBlazer, Inc.Other TechnologySeed$127.0M85%
WayGate, Inc.Other TechnologyPre-Seed$19.1M85%
Shelfmark, Inc.Other TechnologySeed$9.9M84%
Frequently asked
How much funding has Waymark, Inc. / DE raised?
Waymark, Inc. / DE has raised approximately $67.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Waymark, Inc. / DE's estimated valuation?
Provath's modeled valuation for Waymark, Inc. / DE is approximately $278.7M (modeled range $83.4M–$486.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Waymark, Inc. / DE at?
Waymark, Inc. / DE's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Jun 30.
What does Waymark, Inc. / DE do and where is it based?
Waymark, Inc. / DE operates in the Other Technology sector, based in SAN FRANCISCO.
Explore related

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