Diligence memo · auto-generated · as of July 2, 2026
Xi3, Inc.
Xi3, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Xi3, Inc. operates in Computers, based in SALT LAKE CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Xi3, Inc. has raised $30M 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: $19M on 2014-09-02.
Most recent recorded round closed around 2014-09-02.
Valuation (modeled)modeled
Provath models Xi3, Inc. at approximately $693M (range $48M–$2.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.04× the median modeled value of Series B Computers companies in 2013–2015 (16 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 11.8 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Computers peers (1371 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: InAuth,Inc., Diamond Topco Ltd, Nervana Systems, Inc., Seven Lakes Enterprises, Inc., iTOK, Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.