Diligence memo · auto-generated · as of July 2, 2026
Boxabl Inc.
Boxabl Inc. has raised $1.0B over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Boxabl Inc. operates in Manufacturing, based in North Las Vegas. BOXABL - The Future of Housing
Sub-sector tags: hr/worktech.
Capital & rounds (filed)filed
Boxabl Inc. has raised $1.0B in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $1.0B on 2023-10-24.
Most recent recorded round closed around 2023-10-24.
Valuation (modeled)modeled
Provath models Boxabl Inc. at approximately $10.2B (range $8.0B–$13.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 18 months.
Last raise 2.7 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 200.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Manufacturing peers (3257 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: Footprint International Holdco, Inc., Namx Holdings Ltd, Joby Aviation, Inc..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.