Diligence memo · auto-generated · as of July 2, 2026
Copper Labs, Inc
Copper Labs, Inc looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Copper Labs, Inc operates in Energy Conservation, based in BOULDER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Copper Labs, Inc has raised $8.6M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.5M on 2022-02-28.
Most recent recorded round closed around 2023-05-12.
Valuation (modeled)modeled
Provath models Copper Labs, Inc at approximately $8.1M (range $890K–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.52× the median modeled value of Seed Energy Conservation companies in 2022–2024 (11 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 3.1 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 3.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 75% of Energy Conservation peers (254 compared).
Modeled value ranks above 28% of those peers.
Closest niche peers: Powder Watts LLC, Karbon-X Corp., Maplewell Inc., Cng 2023 Vehicles Iii, Llc, 60Hertz 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.