Offerings · Primaries

Rounds with a round book.

Every open round sits on the company's verified page: who led, who participated, at what price, how much came in — alongside volume, multiples, sentiment and analyst marks.

HomePrimaries deskQuillon+⌘K search · Elena M.
Primaries desk / Quillon / Round book⌕ Search companies, investors, deals, people, widgets…⌘KCompareMessage leadIndicate interest
Data live · 09:41 ET3,109 indexed6EM
Quillon✓ VerifiedFintech infrastructure · Series A · New York, NY
Reference
$4.25 S
Post-money
$86M
Primary raised
$29.7M
Last round
Series A · Jun 25
Pro-rata open
Yes · 3 holders
Round bookVolume & multiplesSentimentAnalyst valuations
Who led · who participated · who passedclosing sets + Form D
3 rounds⤢ ⋯
DateRoundAmountPrice / shPost-moneyLeadAlso inSource
14 Mar 2022Pre-seed
SAFE (post-money)
$1.2M$1.00$5MKestrel Syndicate Lead1 otherSourced
9 Nov 2023Seed
Series Seed Preferred
$6.5M$1.80$28MHarbor & Vale Ventures Lead2 othersSourced
26 Jun 2025Series A
Series A Preferred
$22.0M$4.25$86MCastellan Growth Partners Lead4 othersSourced
Series AParticipated: Harbor & Vale Ventures (pro-rata) · Orrin Family Office · Pellbrook Capital · Northgate Corporate Ventures
SeedParticipated: Kestrel Syndicate (pro-rata) · Orrin Family Office
Pre-seedParticipated: Syndicate members (11)
PassedSeries A (disclosed): Solace Ridge Partners · Greyfell Capital (stage) · 2 undisclosed
Capital by participantDerived
⤢ ⋯
$33.8M
Castellan · $14.0MHarbor & Vale · $8.2MOrrin FO · $4.5MPellbrook · $3.0MKestrel · $2.1MNorthgate · $2.0M

Includes secondary purchases by Orrin FO and Kestrel; primary total $29.7M.

Pre-seed$1.2MSeed$6.5MSeries A$22.0M
Capital by round and participant ($M)
Lead profile · Castellan Growth Partners
Investor profile →⤢ ⋯
Castellan Growth Partners
Growth VC · San Francisco · $2.4B AUM · 38 portfolio companies
Ticket · Series A$14.0M at $4.25 · board: Nadia Ferreira
Pro-rata · reservesYes · $6M reserved
Lead rate · 12m7 deals · 5 as lead
Recent leads · 12 months
CompanyRoundTicketDate
Aerolith
Series B ext.$18MOct 26
Orison Mobility
Series B$22MMar 26
Pellucid
Series A$12MJan 26
Terms on record · Series ASourced
⤢ ⋯
Instrument
Series A Preferred
Pre-money
$64.0M
Raise
$22.0M
Price / share
$4.25
Liquidation pref.
1× non-participating
Anti-dilution
Broad-based WA
Option pool
12% post
Board
2 · 2 · 1 independent
Pro-rata
Major ≥ $2M
Documents
DocumentStatus
Series A closing set · 14 documentsData room
Form D · 2 Jul 2025EDGAR
Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%
Reference prices · 16 of 3,109 on tapeProvenance onTue 14 Oct 2026 · 09:41 ET
On the desk

Four screens for an investor looking at a round.

Built from closing sets, filings and settled blocks. Blank where nothing supports a figure.

HomePrimaries deskQuillon+⌘K search · Elena M.
Primaries desk / Quillon / Round book⌕ Search companies, investors, deals, people, widgets…⌘KCompareMessage leadIndicate interest
Data live · 09:41 ET3,109 indexed6EM
Quillon✓ VerifiedFintech infrastructure · Series A · New York, NY
Reference
$4.25 S
Post-money
$86M
Primary raised
$29.7M
Last round
Series A · Jun 25
Pro-rata open
Yes · 3 holders
Round bookVolume & multiplesSentimentAnalyst valuations
Who led · who participated · who passedclosing sets + Form D
3 rounds⤢ ⋯
DateRoundAmountPrice / shPost-moneyLeadAlso inSource
14 Mar 2022Pre-seed
SAFE (post-money)
$1.2M$1.00$5MKestrel Syndicate Lead1 otherSourced
9 Nov 2023Seed
Series Seed Preferred
$6.5M$1.80$28MHarbor & Vale Ventures Lead2 othersSourced
26 Jun 2025Series A
Series A Preferred
$22.0M$4.25$86MCastellan Growth Partners Lead4 othersSourced
Series AParticipated: Harbor & Vale Ventures (pro-rata) · Orrin Family Office · Pellbrook Capital · Northgate Corporate Ventures
SeedParticipated: Kestrel Syndicate (pro-rata) · Orrin Family Office
Pre-seedParticipated: Syndicate members (11)
PassedSeries A (disclosed): Solace Ridge Partners · Greyfell Capital (stage) · 2 undisclosed
Capital by participantDerived
⤢ ⋯
$33.8M
Castellan · $14.0MHarbor & Vale · $8.2MOrrin FO · $4.5MPellbrook · $3.0MKestrel · $2.1MNorthgate · $2.0M

Includes secondary purchases by Orrin FO and Kestrel; primary total $29.7M.

Pre-seed$1.2MSeed$6.5MSeries A$22.0M
Capital by round and participant ($M)
Lead profile · Castellan Growth Partners
Investor profile →⤢ ⋯
Castellan Growth Partners
Growth VC · San Francisco · $2.4B AUM · 38 portfolio companies
Ticket · Series A$14.0M at $4.25 · board: Nadia Ferreira
Pro-rata · reservesYes · $6M reserved
Lead rate · 12m7 deals · 5 as lead
Recent leads · 12 months
CompanyRoundTicketDate
Aerolith
Series B ext.$18MOct 26
Orison Mobility
Series B$22MMar 26
Pellucid
Series A$12MJan 26
Terms on record · Series ASourced
⤢ ⋯
Instrument
Series A Preferred
Pre-money
$64.0M
Raise
$22.0M
Price / share
$4.25
Liquidation pref.
1× non-participating
Anti-dilution
Broad-based WA
Option pool
12% post
Board
2 · 2 · 1 independent
Pro-rata
Major ≥ $2M
Documents
DocumentStatus
Series A closing set · 14 documentsData room
Form D · 2 Jul 2025EDGAR
Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%
Reference prices · 16 of 3,109 on tapeProvenance onTue 14 Oct 2026 · 09:41 ET
Round book
Who led, who participated, who passed; the lead's profile; terms on record.
HomePrimaries deskQuillon+⌘K search · Elena M.
Primaries desk / Quillon / Volume & multiples⌕ Search companies, investors, deals, people, widgets…⌘KExport (with provenance)Pin to dashboardSet alert
Data live · 09:41 ET3,109 indexed6EM
Quillon✓ VerifiedFintech infrastructure · Series A · New York, NY
Reference
$4.25 S
Post-money
$86M
Primary raised
$29.7M
Last round
Series A · Jun 25
Pro-rata open
Yes · 3 holders
Round bookVolume & multiplesSentimentAnalyst valuations
Volume by round ($M)Sourced
⤢ ⋯
Pre-seed$1.2MSeed$6.5MSeries A$22M
Primary raised$29.7M
Secondary settled · 12m$0.72M · 2 blocks
Cumulative capital ($M)Derived
⤢ ⋯
Mar 22Nov 23Jun 25Oct 26$29.7M
Price / shareSourced
⤢ ⋯
Mar 22Mar 23Jun 24Jun 25Feb 26Oct 26$4.25
MultiplesDerived
⤢ ⋯
Price multiple since pre-seed4.25× $1.00 → $4.25
EV / ARR (last round)12.6× $86M / $6.8M
Step-up Seed → A2.36× $1.80 → $4.25
vs peer median EV / ARR0.94× median 13.4× · 7 peers
Valuation rank · peer set3 of 8
Capital raised / valuation0.35× $29.7M / $86M

Only ratios with two sourced inputs are computed.

Peers · valuationSourced
⤢ ⋯
#CompanyStageValuationEV / ARR
1
Aerolith
Series B$240M13.0×
2
Orison Mobility
Series B$180M11.8×
3
Quillon
Series A$86M12.6×
4
Pellucid
Series A$95M12.0×
5
Meridian Loom
Series A$72M14.1×
6
Halvern Health
Series A$64M15.2×
Valuation vs ARR · peersDerived
⤢ ⋯
$0M$103M$207MQuillonPellucidMeridianNimbusHalvernFathomlineOrisonBrightwaterARR $Mvaluation $M
Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%
Reference prices · 16 of 3,109 on tapeProvenance onTue 14 Oct 2026 · 09:41 ET
Volume & multiples
Volume by round, cumulative capital, price per share, multiples against sourced peers.
HomePrimaries deskQuillon+⌘K search · Elena M.
Primaries desk / Quillon / Sentiment⌕ Search companies, investors, deals, people, widgets…⌘KSourcesSet alert
Data live · 09:41 ET3,109 indexed6EM
Quillon✓ VerifiedFintech infrastructure · Series A · New York, NY
Reference
$4.25 S
Post-money
$86M
Primary raised
$29.7M
Last round
Series A · Jun 25
Pro-rata open
Yes · 3 holders
Round bookVolume & multiplesSentimentAnalyst valuations
Interest scoreDerived
⤢ ⋯
72%of 100 · 30 days
CompositionActivity 50 · mentions 30 · price trail 20
Change · 30d+6
Published toCompany (always) · investors (opt-in)
Signals · last 30 daysExchange DB
⤢ ⋯
SignalCountTrend · 8 wksSource
Data-room requests14disclosure log
Indications of interest6indications
Watchlist adds38watchlists
Thread messages112messages
Profile views1,240analytics
Mentions (sourced)9enrichment agent

Counts are platform events with a record behind each one. Nothing is scraped.

Investor mix · who is lookingDerived
⤢ ⋯
38
Growth VC · 9Seed VC · 6Family offices · 11Syndicates · 7Corporate · 5

38 watchers · 14 opened the data room · 6 indicated.

Sentiment over timeDerived
⤢ ⋯
MarMayJulOct72
▲ Jun: Series A anniversary update · ▲ Sep: ARR crossed $6.8M · ▼ Jul: concentration flag raised
What moves the score
⤢ ⋯
Data-room request+2
Indication of interest+4
Watchlist add+1
Verification lapse−6
Warning sign · High−4
New sourced valuation+3
Thread activity+1
Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%
Reference prices · 16 of 3,109 on tapeProvenance onTue 14 Oct 2026 · 09:41 ET
Sentiment
Interest score from data-room requests, indications, threads and mentions with a source trail.
HomePrimaries deskQuillon+⌘K search · Elena M.
Primaries desk / Quillon / Analyst valuations⌕ Search companies, investors, deals, people, widgets…⌘KRequest coverageOrder 409ABuild a range
Data live · 09:41 ET3,109 indexed6EM
Quillon✓ VerifiedFintech infrastructure · Series A · New York, NY
Reference
$4.25 S
Post-money
$86M
Primary raised
$29.7M
Last round
Series A · Jun 25
Pro-rata open
Yes · 3 holders
Round bookVolume & multiplesSentimentAnalyst valuations
Valuation marks on recordSourced
⤢ ⋯
MarkLowMidHighDate
Series A post-money
Priced round
—$86M—Jun 25
Taidou Research
Comps · 8 peers · 13.5× ARR
$78M$92M$110M2 Oct 2026
Castellan internal mark
Held at cost
$86M$86M$86M30 Sep 2026
Pellbrook quarterly mark
DCF + comps blend
$80M$90M$96M30 Sep 2026
409A (common)
Independent appraisal
—$73M—Jun 26
ConsensusDerived
⤢ ⋯
$90Mmid of 3 estimates · $78M – $110M
Lowtarget 86Midtarget 86Hightarget 86

Target line = last priced round ($86M).

Comparable marksSourced
⤢ ⋯
Aerolith$240MOrison Mobility$180MPellucid$95MQuillon$86MMeridian Loom$72MHalvern Health$64M
Range builderModeled
⤢ ⋯
$80Mlow · 11.8×
$87Mmid · 12.8×
$96Mhigh · 14.1×
14.8×10.2×Peer EV / ARR

Outputs are modelled from your inputs and sourced marks. Nothing here is a Taidou valuation.

Coverage
⤢ ⋯
Taidou ResearchCovered note · 2 Oct
Next updateAfter Q4 close
Delivered asResearch note + range
Appears onCompany page · Analysis tab
Third-party feeds2 connected
Open note
Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%Quillon$4.25▲ +3.5%Aerolith$11.60▲ +1.2%Halvern Health$3.10▼ −1.8%Sablewood Energy$9.80▲ +0.6%Meridian Loom$3.60▲ +2.1%Corvid Labs$1.40▲ +6.9%Pellucid$5.20▼ −0.4%Tessaline$0.75— 0.0%Brightwater Labs$1.10▲ +1.0%Orison Mobility$8.20▼ −2.6%Fathomline$2.90▲ +0.8%Veridia$1.55▲ +4.1%Solenne$0.90▼ −3.3%Ironvale$14.30▲ +0.3%Nimbus Freight$2.40▲ +1.9%Cobalt Forge$1.75▲ +2.4%
Reference prices · 16 of 3,109 on tapeProvenance onTue 14 Oct 2026 · 09:41 ET
Analyst valuations
Marks on record, consensus, comparable marks and a range builder.
How it works

Terms → documents → disclosure → open → indications → close.

01TermsInstrument, target, pre-money (last sourced valuation suggested), minimum ticket, close date.
02DocumentsTerm sheet, subscription agreement, Form D reminder at first sale — all in the Legal tab.
03DisclosureThe company chooses what accredited investors and the data room see.
04Indications & closeInvestors indicate from the page; the round closes with the issuer in the loop.
Offerings

Everything on the page.

Seven offerings, one verified page underneath.

Primaries

Raise, or invest in open rounds, on a verified page.

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Liquidity for employees and early investors; blocks for buyers.

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Pool cheques into one line on the cap table.

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Co-Invest

Share allocation with mandate-matched investors.

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Sourcing

Filings, connections, screens and thesis matches.

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Investor Database

Who invests in what, with provenance.

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Exchange Marketplace

Scoped engagements priced on rate cards.

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