Diligence memo · auto-generated · as of July 2, 2026
Waymark, Inc. / DE
Waymark, Inc. / DE looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Waymark, Inc. / DE operates in Other Technology, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Waymark, Inc. / DE has raised $67M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $45M on 2021-10-08.
Most recent recorded round closed around 2023-06-30.
Valuation (modeled)modeled
Provath models Waymark, Inc. / DE at approximately $279M (range $83M–$487M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
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.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 95% of Other Technology peers (21302 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: LinkSquares, Inc., Semperis Ltd., Veev Group, Inc., GPI Acquisitions, Inc., DVX Ventures LLC.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.