Valued at $52.0M at its later-stage round, Sep 2025. Nothing has traded since.
- ·Watch Switchyards: the Monday email on marks, rounds and moves
Valuation timeline
0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026Membership and data by Private Market View
Switchyards funding history
4 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Sep 2025 | Early Stage VC | $12.5M | ▮ | ▮ |
| Apr 2024 | Seed Round | $5.0M | ▮ | ▮ |
| Feb 2023 | Seed Round | $3.4M | ▮ | ▮ |
| Oct 2020 | Seed Round | $1.2M | ▮ | ▮ |
Membership and data by Private Market View
Switchyards valuation
Switchyards was valued at $52 million at its later-stage round in Sep 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Switchyards raised?
Switchyards has raised $23 million across 4 recorded rounds since 2020. The largest was a $5 million seed round in Apr 2024; the most recent was a $12.5 million early-stage round in Sep 2025.
Switchyards has filed 5 Form Ds with the SEC since 2020, most recently in Sep 2025 ($12.5 million sold to 8 investors).
How Switchyards's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Switchyards, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Switchyards
- What is Switchyards worth?
- Switchyards is valued at $52.0M as of Oct 2026. Valued at $52.0M at its later-stage round, Sep 2025. Nothing has traded since.
- How much has Switchyards raised?
- Switchyards has raised $23.0M in total funding across 4 recorded rounds.
- When did Switchyards last raise?
- Switchyards last raised in Sep 2025 (Early Stage VC), raising $12.5M.