Diligence memo · auto-generated · as of July 2, 2026
Apparo Inc.
Apparo Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Apparo Inc. operates in Manufacturing, based in EDEN PRAIRIE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Apparo Inc. has raised $3.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.0M on 2022-04-29.
Most recent recorded round closed around 2022-04-29.
Valuation (modeled)modeled
Provath models Apparo Inc. at approximately $14M (range $1.8M–$68M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.67× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 20 months.
Last raise 4.2 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 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 57% of Manufacturing peers (3257 compared).
Modeled value ranks above 55% of those peers.
Closest niche peers: Three Rivers Preferred Group LLC, Thelma's, L.L.C., Mills Products, LLC, Unity Laundry Systems Corp, Ohio Heat Holdings LLC.
Peoplefiled
4 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.