Diligence memo · auto-generated · as of July 1, 2026
Witnet Foundation
Witnet Foundation looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Witnet Foundation operates in Other Technology, based in Madrid.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Witnet Foundation has raised $2.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.3M on 2018-04-02.
Most recent recorded round closed around 2018-04-02.
Valuation (modeled)modeled
Provath models Witnet Foundation at approximately $78M (range $2.0M–$612M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.35× the median modeled value of Seed Other Technology companies in 2016–2018 (1024 peers) — value vs value, same stage and era. Within the normal band (135% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.2 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 43% of Other Technology peers (21292 compared).
Modeled value ranks above 66% of those peers.
Closest niche peers: Modern Teacher LLC, OneDine, LLC, Pixobot, Inc., SubVRsive, Inc., Red Lambda, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.