Diligence memo · auto-generated · as of July 2, 2026
Blue Current, Inc.
Blue Current, Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Blue Current, Inc. operates in Other Technology, based in Hayward.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Blue Current, Inc. has raised $127M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $81M on 2025-09-22.
Most recent recorded round closed around 2025-09-22.
Valuation (modeled)modeled
Provath models Blue Current, Inc. at approximately $522M (range $307M–$670M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.57× the median modeled value of Series C Other Technology companies in 2025–2027 (93 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 9 mo ago; this sector typically re-raises about every 13 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 5.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 97% of Other Technology peers (21302 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: TensorWave Inc., Mobile Money Americas Corp., Framer, Inc., Sanity, Inc., Celero Communications, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.