Companies · Other Technology

xMentium Inc.

DENVER · Other Technology

Diligence memoA one-page analyst read on xMentium Inc. — recommendation, valuation, rhythm, risks.
$7.2M
Total raised · real
5
Rounds
1.7×
Latest step-up
Top 35%
Sector rank · raised
Seed
Latest stage · inferred · Mon Nov 13 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

xMentium Inc. looks under-valued against its niche peers and is at-risk 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 0.58× the median modeled value of Seed Other Technology companies in 2022–2024 (1103 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.6 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Other Technology

xMentium Inc. is one of 21292 Other Technology companies tracked from DENVER. By capital raised it ranks mid-pack (ahead of 66% of sector peers), and in the long tail 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
27
Investors (latest)
2019
Year incorporated
2023-11-13
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$13M$25M$38M$50MPre-Seed · 2019-08-27 Raised $835K (real) Modeled valuation $35M (est)$835K$35MPre-Seed2019Seed · 2020-11-13 Raised $1.1M (real) Modeled valuation $32M (est)$1.1M$32MSeed2020Seed · 2021-11-03 Raised $1.5M (real) Modeled valuation $27M (est)$1.5M$27MSeed2021Seed · 2022-04-13 Raised $2.4M (real) Modeled valuation $34M (est)$2.4M$34MSeed2022Pre-Seed · 2022-04-13 Raised $780K (real) Modeled valuation $13M (est)$780K$13MPre-Seed2022Seed · 2023-11-13 Raised $1.4M (real) Modeled valuation $9.3M (est)$1.4M$9.3MSeed2023+$1.1M+$1.5M+$2.4M+$780K+$1.4MCumulative $7.9M

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
Pre-Seed$835K · 2019
Seed$1.1M · 2020
Seed extension$1.5M · 2021
Seed extension$2.4M · 2022
Bridge · Seed-stage$780K · 2022smaller follow-on
Seed extension$1.4M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$9.3M
Base estimate est.
$1.2M
Conservative case
$29.2M
Upside case
$6.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $35.4M · 2019-08-272019Seed · modeled $32.0M · 2020-11-13Seed · modeled $27.0M · 2021-11-03Seed · modeled $34.3M · 2022-04-13Pre-Seed · modeled $12.6M · 2022-04-13Seed · modeled $9.3M · 2023-11-132023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
2.6 yr
Elapsed time used
2.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$1.7M/yr
Capital velocity
6.8 yr
On record since
2019
First round
6
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 2.3× above median
This company$7.2M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.8× of median
This company$1.4M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$9.3M
Sector median$37.3M

Raised more than 66% of sector peers (real $). Modeled value above 22% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #839 of 1,103.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Route Reports Inc. · Seed Raised $3.9M · modeled $62.9M (est)Assetario Inc. · Seed Raised $4.0M · modeled $59.9M (est)Integrated Cinematics Inc. · Seed Raised $4.0M · modeled $59.5M (est)Soundful, Inc. · Seed Raised $3.7M · modeled $57.8M (est)Modern Foundry, Inc. · Seed Raised $3.8M · modeled $57.6M (est)PeopleGuru Holdings, Inc. · Seed Raised $4.0M · modeled $57.3M (est)PSL Holdings, Inc. · Seed Raised $4.0M · modeled $56.7M (est)Pulsa Inc. · Seed Raised $4.0M · modeled $56.6M (est)Onramp Invest, Inc. · Seed Raised $4.0M · modeled $56.3M (est)Pebble Finance Inc · Seed Raised $4.0M · modeled $55.8M (est)Lillii RNB Inc · Seed Raised $3.7M · modeled $55.3M (est)DataLego Inc. · Seed Raised $3.5M · modeled $55.1M (est)xMentium Inc. (this company) Raised $7.2M · modeled $9.3M (est)xMentium Inc.
CompanyStageRaised · realValue · estvs peer med.
Route Reports Inc.Seed$3.9M$62.9M3.96×
Assetario Inc.Seed$4.0M$59.9M3.76×
Integrated Cinematics Inc.Seed$4.0M$59.5M3.74×
Soundful, Inc.Seed$3.7M$57.8M3.64×
Modern Foundry, Inc.Seed$3.8M$57.6M3.62×
PeopleGuru Holdings, Inc.Seed$4.0M$57.3M3.60×
PSL Holdings, Inc.Seed$4.0M$56.7M3.57×
Pulsa Inc.Seed$4.0M$56.6M3.56×
Onramp Invest, Inc.Seed$4.0M$56.3M3.54×
Pebble Finance IncSeed$4.0M$55.8M3.51×
Lillii RNB IncSeed$3.7M$55.3M3.48×
DataLego Inc.Seed$3.5M$55.1M3.47×
xMentium Inc. this companySeed$7.2M$9.3M0.58×
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.
Pre-Seed$835K2019-08-27$4.6M$35.4M90%
Seed$1.1M2020-11-13$5.6M$32.0M90%
Seed$1.5M2021-11-03$7.5M$27.0M90%
Seed$2.4M2022-04-13$11.8M$34.3M90%
Pre-Seed$780K2022-04-13$4.3M$12.6M90%
Seed$1.4M2023-11-13$6.8M$9.3M90%
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. Pre-Seed$835K2019-08-27
    • First recorded raise — entered as Pre-Seed.
    • 15 investors on this round.
  2. Seed$1.1M2020-11-13
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 21 investors on this round.
  3. Seed$1.5M2021-11-03
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 20 investors on this round.
  4. Seed$2.4M2022-04-13
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 44 investors on this round.
  5. Pre-Seed$780K2022-04-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.0× smaller than the prior — bridge or down round.
    • 13 investors on this round.
  6. Seed$1.4M2023-11-13
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 27 investors on this round.
Intelligence
2024 ~Q3
Modeled next raise · ~10mo cadence
$2.3M
Modeled next size est.range $1.5M$3.7M
1.7×
Last step-up
$1.7M/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 Jensen4 other2021-11
Steve Harmon3 other2021-11
Dan'l Lewin2023-11
David Auld2023-11
Frank Morroni2021-11
Graham Neumann2019-08
Heather McCauley2022-04
Paul Lippe2019-08
Registry & provenance

xMentium 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
1807538
SEC CIK
2019
Incorporated
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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.

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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
Exium Inc.Other TechnologySeries A$41.7M90%
Unium Inc.Other TechnologySeries A$91.8M89%
Elementium Materials, Inc.Other TechnologySeed$9.4M89%
Xendee CorpOther TechnologySeries A$126.1M89%
Partium, Inc.Other TechnologySeries A$70.0M89%
Elementus Inc.Other TechnologySeries A$168.0M89%
Andium Inc.Other TechnologySeries B$19.9M89%
Aidium, Inc.Other TechnologySeries A$606K89%
Frequently asked
How much funding has xMentium Inc. raised?
xMentium Inc. has raised approximately $7.2M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is xMentium Inc.'s estimated valuation?
Provath's modeled valuation for xMentium Inc. is approximately $9.3M (modeled range $1.2M–$29.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is xMentium Inc. at?
xMentium Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Nov 13.
What does xMentium Inc. do and where is it based?
xMentium Inc. operates in the Other Technology sector, based in DENVER.
Explore related

See where xMentium 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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