Companies · Computers

xAD Inc.

NEW YORK · Computers

Diligence memoA one-page analyst read on xAD Inc. — recommendation, valuation, rhythm, risks.
$118.8M
Total raised · real
6
Rounds
0.4×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Mon Mar 12 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

xAD Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the software/compute 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 0.33× the median modeled value of Series C Computers companies in 2016–2018 (6 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.3 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
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 Computers

xAD Inc. is one of 1370 Computers companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest 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
1
Investors (latest)
2018-03-12
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$500M$1.0B$1.5B$2.0BSeries A · 2008-07-03 Raised $15M (real) Modeled valuation $498M (est)$15M$498MSeries A2008Series A · 2010-08-16 Raised $4.3M (real) Modeled valuation $142M (est)$4.3M$142MSeries A2010Series A · 2011-11-14 Raised $4.0M (real) Modeled valuation $133M (est)$4.0M$133MSeries A2011Series B · 2014-08-20 Raised $35M (real) Modeled valuation $1.3B (est)$35M$1.3BSeries B2014Series C · 2016-11-09 Raised $42M (real) Modeled valuation $1.6B (est)$42M$1.6BSeries C2016Series C · 2018-03-12 Raised $18M (real) Modeled valuation $677M (est)$18M$677MSeries C2018+$4.3M+$4.0M+$35M+$42M+$18MCumulative $119M

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 · 2008
Series A extension$4.3M · 2010
Series A extension$4.0M · 2011
Series B$35.0M · 2014
Series C$42.5M · 2016
Series C extension$18.0M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$677.4M
Base estimate est.
$69.6M
Conservative case
$1.8B
Upside case
$120.0M
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 software/compute sector profile. Directional, not a quoted figure.

Series A · modeled $498.3M · 2008-07-032008Series A · modeled $142.0M · 2010-08-16Series A · modeled $132.9M · 2011-11-14Series B · modeled $1.3B · 2014-08-20Series C · modeled $1.6B · 2016-11-09Series C · modeled $677.4M · 2018-03-122018
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.39×/yr
Annual markup
1.60×/yr upside case
6.0 yr
Elapsed time used
8.3 yr actual, capped for stale marks
software/compute
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$12.3M/yr
Capital velocity
18.0 yr
On record since
2008
First round
6
Rounds on file
How it compares to the market

Benchmarked against 1370 companies in Computers. 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) 63× above median
This company$118.8M
Sector median$1.9M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.3× of median
This company$18.0M
Sector median$52.5M
Modeled value — vs sector median (estimate, all stages) 21× above median
This company$677.4M
Sector median$33.0M

Raised more than 98% of sector peers (real $). Modeled value above 94% 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 #6 of 6.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Perforce Holdings, Inc. · Series C Raised $97.4M · modeled $3.7B (est)Armor Defense Inc. · Series C Raised $139.7M · modeled $3.3B (est)Osterhout Group, Inc. · Series C Raised $57.5M · modeled $2.2B (est)Groq, Inc. · Series C Raised $62.6M · modeled $2.0B (est)InstaCraft Inc. · Series C Raised $45.0M · modeled $1.7B (est)xAD Inc. (this company) Raised $118.8M · modeled $677.4M (est)xAD Inc.
CompanyStageRaised · realValue · estvs peer med.
Perforce Holdings, Inc.Series C$97.4M$3.7B1.77×
Armor Defense Inc.Series C$139.7M$3.3B1.62×
Osterhout Group, Inc.Series C$57.5M$2.2B1.05×
Groq, Inc.Series C$62.6M$2.0B0.95×
InstaCraft Inc.Series C$45.0M$1.7B0.82×
xAD Inc. this companySeries C$118.8M$677.4M0.33×
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$15.0M2008-07-03$68.2M$498.3M85%
Series A$4.3M2010-08-16$19.4M$142.0M85%
Series A$4.0M2011-11-14$18.2M$132.9M85%
Series B$35.0M2014-08-20$194.4M$1.3B85%
Series C$42.5M2016-11-09$283.3M$1.6B90%
Series C$18.0M2018-03-12$120.0M$677.4M90%
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$15.0M2008-07-03
    • First recorded raise — entered as Series A.
    • 9 investors on this round.
  2. Series A$4.3M2010-08-16
    • Raised again after 25 mo — slower than the ~12 mo sector norm.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series A$4.0M2011-11-14
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  4. Series B$35.0M2014-08-20
    • Raised again after 33 mo — slower than the ~12 mo sector norm.
    • Round 8.8× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 06).
    • 6 investors on this round.
  5. Series C$42.5M2016-11-09
    • Raised again after 27 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 5 investors on this round.
  6. Series C$18.0M2018-03-12
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2020 ~Q1
Modeled next raise · ~23mo cadence
$18.0M
Modeled next size est.range $18.0M$28.8M
0.4×
Last step-up
$12.3M/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
Steven Murray7 other2008-07
Steven J. Murray3 other2010-08
Craig Hagopian1 other2008-07
Sunil Kumar1 other2018-03
Anders D. Richardson2018-03
Anders N. Richardson2008-07
Christopher D. Yamaoka2018-03
Dennis N. Phelps2014-08
Dipanshu Sharma2008-07
Emerick N. Woods2008-07
Jason D. Green2018-03
Jason N. Green2008-07
John D. Costello2018-03
John N. Costello2016-11
Magid D. Abraham2018-03
Magid N. Abraham2014-08
Ricky D. Sandler2018-03
Stephen McCarthy2014-08
Stephen W. McCarthy2018-03
Steven D. Murray2018-03
Steve N. Murray2016-11
William D. Zerella2018-03
William N. Zerella2016-11
Registry & provenance

xAD 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
1158401
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
ReversingLabs, Inc.ComputersSeries C$120.1M$412.8Msame sector · same stage
Stretch IncComputersSeries C$115.1M$190.7Msame sector · same stage
Red Canary, Inc.ComputersSeries C$139.8M$95.9Msame sector · same stage
Prospect Services Inc.ComputersSeries C$100.0M$520.0Msame sector · same stage
Yizhihui Technology Elderly Care Group Co., LtdComputersSeries C$100.0M$882.8Msame sector · same stage
ScienceLogic, Inc.ComputersSeries C$161.7M$377.0Msame sector · same stage
Flexcompute IncComputersSeries C$80.7M$529.5Msame sector · same stage
Openpeak IncComputersSeries C$180.5M$660.5Msame 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
X1 Labs, IncComputersPre-Seed$3.1M85%
SnapAds, Inc.ComputersPre-Seed$6.9M84%
X-Prime IncComputersSeed$46.6M84%
Inroads Technology, Inc.ComputersSeries A$232.5M83%
Xtone, IncComputersPre-Seed$8.0M83%
xMEMs Labs, Inc.ComputersSeries A$333.0M83%
4DI Inc.ComputersPre-Seed$12.7M83%
Xineoh, Inc.
By Jericho [CC BY 3.0 (http://creativecommons.org/licenses/by/3.0)], via Wikimedia Commons SA marketing startup Xineoh raises $2m 0 By Gabriella Mulligan on June 21, 2017 News , Southern Africa South African performance marketing startup Xineoh has raised US$2 million from US and Canadian investors, to complete and roll out its new product – a personal shopping assistant for video streaming. Founded in 2014 and based in Bloemfontain, Xineoh has built an algorithm capable of tracking user behaviour and predicting potential purchases; with the solution based on artificial intelligence (AI) and m
ComputersSeed$81.6M82%
Frequently asked
How much funding has xAD Inc. raised?
xAD Inc. has raised approximately $118.8M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is xAD Inc.'s estimated valuation?
Provath's modeled valuation for xAD Inc. is approximately $677.4M (modeled range $69.6M–$1.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is xAD Inc. at?
xAD Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Mar 12.
What does xAD Inc. do and where is it based?
xAD Inc. operates in the Computers sector, based in NEW YORK.
Explore related

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

Is this your company?

If you work at xAD Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.