Similar Companies: How We Score Them

Published: February 2026

Open a company in the dashboard and you'll see a "Similar companies" section at the bottom of the details modal. It's a handy way to jump from one company you like to others that look like it—same kind of profile, stage, or market. We're writing this post to be transparent about how it works: which criteria we use and how we weight them, so you know exactly what you're getting.

Where You See It

Similar companies show up in the company details modal (dashboard and following list). We pull a candidate set from recent fundings in the same time window (last two years). When the company has a disclosed funding stage (e.g. Series A), we narrow candidates to the same stage. When stage is undisclosed, we don't filter by stage—we consider all stages and rank purely by the other signals below. Then we score each candidate, sort by score, and show the top ones.

The Criteria (and the Weights)

We add points for each of the following. Higher total = more similar. Nothing is hidden.

Industry overlap (up to 50 points)
We use Jaccard similarity on industry tags: overlap size divided by union size. Full match = 50 points; partial overlap = less. Industry carries the most weight because it's usually the strongest signal for "companies like this one."

Stage match (+25 points)
Only when both the source company and the candidate have a disclosed stage (Seed, Series A, etc.). If either is undisclosed or missing, we skip this. No penalty—we just don't use stage in that case.

Country match (+20 points)
Same country (normalized). One clear check.

Company size band (+10 points)
We map size to bands (e.g. 1–10, 11–200, 201+) and give points when the bands match. If size is missing or unparseable, we skip it.

Funding amount band (+10 points)
Only when both companies have a disclosed funding amount. We bucket into bands (e.g. under $1M, $1M–$10M, $10M–$50M, $50M–$100M, $100M+). Same band = +10. Undisclosed amounts are ignored—no guesswork.

Recency (+5 or +2 points)
Funding announcement dates within 90 days = +5; within 180 days = +2. Encourages recency without over-weighting it.

Similar companies in the company details modal.

What We Don't Do

We don't use ICP (Ideal Customer Profile) for similar companies. ICP is per-user and for prioritization; similar companies are a generic, shareable "companies like this one" signal. We also don't use tech stack in the similarity score—it can add noise—so for now industry and stage do most of the work. If we add more signals later, we'll keep the logic transparent.

The Bottom Line

Similar companies are there to save you a bit of time: open one company you like, skim the list, click through to others that look relevant. The scoring is explicit and additive. You can disagree with the weights—that's fair—but you can see exactly what we're doing.

Want to try it?

Open the dashboard — open any company and scroll to Similar companies.