Companies · Software / Tech

X-Bow Launch Systems Inc.

ALBUQUERQUE · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on X-Bow Launch Systems Inc. — recommendation, valuation, rhythm, risks.
$92.5M
Total raised · real
4
Rounds
0.2×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Fri Nov 14 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

X-Bow Launch Systems Inc. looks under-valued against its niche peers and is active 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 0.10× the median modeled value of Series C Software / Tech companies in 2025–2027 (39 peers) — value vs value, same stage and era.
Active
  • Last raise 8 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Software / Tech

X-Bow Launch Systems Inc. is one of 3920 Software / Tech companies tracked from ALBUQUERQUE. By capital raised it ranks among the largest (ahead of 95% of sector peers), and mid-pack 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
3
Investors (latest)
2025-11-14
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$125M$250M$375M$500MSeries A · 2022-04-22 Raised $15M (real) Modeled valuation $200M (est)$15M$200MSeries A2022Series C · 2024-05-09 Raised $46M (real) Modeled valuation $454M (est)$46M$454MSeries C2024Series C · 2024-12-20 Raised $25M (real) Modeled valuation $203M (est)$25M$203MSeries C2024Series C · 2025-11-14 Raised $6.0M (real) Modeled valuation $37M (est)$6.0M$37MSeries C2025+$46M+$25M+$6.0MCumulative $92M

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 A$15.0M · 2022
Series C$46.5M · 2024no Series B on file
Series C extension$25.0M · 2024
Series C extension$6.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$36.9M
Base estimate est.
$22.6M
Conservative case
$46.4M
Upside case
$39.8M
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 A · modeled $200.5M · 2022-04-222022Series C · modeled $454.1M · 2024-05-09Series C · modeled $202.6M · 2024-12-20Series C · modeled $36.9M · 2025-11-142025
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
0.6 yr
Elapsed time used
0.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$25.9M/yr
Capital velocity
4.2 yr
On record since
2022
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 20× above median
This company$92.5M
Sector median$4.6M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$6.0M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$36.9M
Sector median$36.6M

Raised more than 95% of sector peers (real $). Modeled value above 51% 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 #34 of 39.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Clay Labs Inc. · Series C Raised $140.3M · modeled $701.5M (est)Alembic Technologies, Inc. · Series C Raised $123.0M · modeled $644.6M (est)Federato Technologies, Inc. · Series C Raised $175.0M · modeled $622.5M (est)Digital LinkBridge CO · Series C Raised $100.0M · modeled $622.0M (est)Parler Technologies, Inc. · Series C Raised $100.0M · modeled $611.7M (est)Touareg Group Technologies Co. · Series C Raised $100.0M · modeled $608.2M (est)Exa Labs Inc. · Series C Raised $102.0M · modeled $541.3M (est)Linus Technology NewCo, Inc. · Series C Raised $75.0M · modeled $541.2M (est)Nikola Labs Inc. · Series C Raised $149.5M · modeled $541.1M (est)Xona Space Systems Inc. · Series C Raised $115.3M · modeled $525.9M (est)Omni Analytics, Inc. · Series C Raised $113.4M · modeled $520.3M (est)Cicero Technologies, Inc. · Series C Raised $103.0M · modeled $473.5M (est)X-Bow Launch Systems Inc. (this company) Raised $92.5M · modeled $36.9M (est)X-Bow Launch Systems Inc.
CompanyStageRaised · realValue · estvs peer med.
Clay Labs Inc.Series C$140.3M$701.5M1.94×
Alembic Technologies, Inc.Series C$123.0M$644.6M1.78×
Federato Technologies, Inc.Series C$175.0M$622.5M1.72×
Digital LinkBridge COSeries C$100.0M$622.0M1.72×
Parler Technologies, Inc.Series C$100.0M$611.7M1.69×
Touareg Group Technologies Co.Series C$100.0M$608.2M1.68×
Exa Labs Inc.Series C$102.0M$541.3M1.49×
Linus Technology NewCo, Inc.Series C$75.0M$541.2M1.49×
Nikola Labs Inc.Series C$149.5M$541.1M1.49×
Xona Space Systems Inc.Series C$115.3M$525.9M1.45×
Omni Analytics, Inc.Series C$113.4M$520.3M1.44×
Cicero Technologies, Inc.Series C$103.0M$473.5M1.31×
X-Bow Launch Systems Inc. this companySeries C$92.5M$36.9M0.10×
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 A$15.0M2022-04-22$68.2M$200.5M90%
Series C$46.5M2024-05-09$309.9M$454.1M90%
Series C$25.0M2024-12-20$166.7M$202.6M90%
Series C$6.0M2025-11-14$39.8M$36.9M90%
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 A$15.0M2022-04-22
    • First recorded raise — entered as Series A.
    • 3 investors on this round.
  2. Series C$46.5M2024-05-09
    • Raised again after 25 mo — slower than the ~13 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 16 investors on this round.
  3. Series C$25.0M2024-12-20
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series C$6.0M2025-11-14
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 4.2× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~14mo cadence
$6.0M
Modeled next size est.range $6.0M$9.6M
0.2×
Last step-up
$25.9M/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
Mark Spoto7 other2022-04
Matt Bigge6 other2022-04
Matthew Bigge4 other2024-12
YASMIN SEYAL2 other2022-04
Mark Kaufman1 other2022-04
Jason Hundley2022-04
John Leary2022-04
Maureen Gannon2022-04
Peter Wegner2022-04
Registry & provenance

X-Bow Launch Systems Inc. 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
1926742
SEC CIK
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
ProtectWise, Inc.OtherSeries C$82.5M$85.7Mnetwork2 shared operators · same stage
Ursa Space Systems Inc.Software / TechSeries B$65.9M$9.5Mnetwork1 shared operator · same sector
Wildcat Discovery Technologies, Inc.Software / TechSeries C$137.1M$31.0Msame sector · same stage
QSpex Technologies IncSoftware / TechSeries B$90.2M$30.5Msame sector
Message Systems, Inc.Software / TechSeries B$77.7M$36.5Msame sector
Digihost Technology Inc.Software / TechSeries B$73.1M$40.0Msame sector
Algebraix Data CorpSoftware / TechSeries B$69.0M$38.7Msame sector
Pixxel Space Technologies, Inc.Software / TechSeries B$68.0M$32.8Msame sector
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
Arrows Software Inc.Software / TechSeries A$53.7M81%
XBow Holding Inc.Other TechnologySeries D+$904.4M80%
LaunchPad Software, Inc.Software / TechSeed$42.3M80%
Xona Space Systems Inc.Software / TechSeries C$525.9M79%
XR Technologies, Inc.Software / TechSeed$699K78%
Xf Technologies Inc.Software / TechSeed$13.8M78%
Portal Space Systems Inc.Software / TechSeries C$344.1M76%
Launchpad Build, Inc.OtherSeed$43.2M76%
Frequently asked
How much funding has X-Bow Launch Systems Inc. raised?
X-Bow Launch Systems Inc. has raised approximately $92.5M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is X-Bow Launch Systems Inc.'s estimated valuation?
Provath's modeled valuation for X-Bow Launch Systems Inc. is approximately $36.9M (modeled range $22.6M–$46.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is X-Bow Launch Systems Inc. at?
X-Bow Launch Systems Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Nov 14.
What does X-Bow Launch Systems Inc. do and where is it based?
X-Bow Launch Systems Inc. operates in the Software / Tech sector, based in ALBUQUERQUE.
Explore related

See where X-Bow Launch Systems Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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