Diligence memo · auto-generated · as of July 2, 2026
Wingspan Networks, Inc.
Wingspan Networks, Inc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
Wingspan Networks, Inc. operates in Other Technology, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Wingspan Networks, Inc. has raised $53M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $26M on 2023-01-04.
Most recent recorded round closed around 2025-04-25.
Valuation (modeled)modeled
Provath models Wingspan Networks, Inc. at approximately $132M (range $58M–$202M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.30× the median modeled value of Series B Other Technology companies in 2025–2027 (194 peers) — value vs value, same stage and era. Within the normal band (130% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 14 mo ago; this sector typically re-raises about every 13 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Other Technology peers (21302 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: Proscia Inc., Creditly Corp., Enbalg Group Corp, Lumana Inc., ProrataAI, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.