Companies · Manufacturing

Corvion Inc.

WEBSTER · Manufacturing

Diligence memoA one-page analyst read on Corvion Inc. — recommendation, valuation, rhythm, risks.
$21.2M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 13%
Sector rank · raised
Series A
Latest stage · inferred · Fri Feb 03 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Corvion Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the manufacturing sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.17× the median modeled value of Series A Manufacturing companies in 2022–2024 (114 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.4 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.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Manufacturing

Corvion Inc. is one of 3257 Manufacturing companies tracked from WEBSTER. By capital raised it ranks in the upper tier (ahead of 88% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
13
Investors (latest)
2023-02-03
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeries A · 2011-10-18 Raised $12M (real) Modeled valuation $116M (est)$12M$116MSeries A2011Series A · 2020-02-04 Raised $8.6M (real) Modeled valuation $86M (est)$8.6M$86MSeries A2020Series A · 2023-02-03 Raised $918K (real) Modeled valuation $5.1M (est)$918K$5.1MSeries A2023+$8.6M+$918KCumulative $21M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$11.7M · 2011
Series A extension$8.6M · 2020
Series A extension$918K · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$5.1M
Base estimate est.
$1.3M
Conservative case
$15.2M
Upside case
$4.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Series A · modeled $116.4M · 2011-10-182011Series A · modeled $86.0M · 2020-02-04Series A · modeled $5.1M · 2023-02-032023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
56%
Survival probability
31% low · 77% high
1.26×/yr
Annual markup
1.58×/yr upside case
3.4 yr
Elapsed time used
3.4 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
68 mo
Avg between rounds
$1.9M/yr
Capital velocity
14.7 yr
On record since
2011
First round
3
Rounds on file
How it compares to the market

Benchmarked against 3257 companies in Manufacturing. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 10× above median
This company$21.2M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$918K
Sector median$5.3M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$5.1M
Sector median$12.0M

Raised more than 88% of sector peers (real $). Modeled value above 31% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #112 of 114.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Whitehorse Timber Ventures SPC · Series A Raised $13.8M · modeled $95.9M (est)Camden Timbers Holdings, LLC · Series A Raised $13.0M · modeled $85.5M (est)RST Brands, LLC · Series A Raised $15.0M · modeled $84.5M (est)Plantd, Inc. · Series A Raised $13.6M · modeled $77.1M (est)Sanford Aluminum Group, LLC · Series A Raised $11.0M · modeled $72.9M (est)Decked, L.L.C. · Series A Raised $12.4M · modeled $65.3M (est)Mustang Motor Holdings, LLC · Series A Raised $9.2M · modeled $62.3M (est)LiftWave, Inc. · Series A Raised $21.7M · modeled $60.8M (est)SUN METALON Inc. · Series A Raised $9.6M · modeled $58.9M (est)MSolar Manufacturing, LLC · Series A Raised $16.0M · modeled $58.9M (est)American Battery Factory Inc. · Series A Raised $11.7M · modeled $57.9M (est)Agbanga Karite, Inc. · Series A Raised $9.6M · modeled $56.9M (est)Corvion Inc. (this company) Raised $21.2M · modeled $5.1M (est)Corvion Inc.
CompanyStageRaised · realValue · estvs peer med.
Whitehorse Timber Ventures SPCSeries A$13.8M$95.9M3.29×
Camden Timbers Holdings, LLCSeries A$13.0M$85.5M2.93×
RST Brands, LLCSeries A$15.0M$84.5M2.90×
Plantd, Inc.Series A$13.6M$77.1M2.65×
Sanford Aluminum Group, LLCSeries A$11.0M$72.9M2.50×
Decked, L.L.C.Series A$12.4M$65.3M2.24×
Mustang Motor Holdings, LLCSeries A$9.2M$62.3M2.14×
LiftWave, Inc.Series A$21.7M$60.8M2.09×
SUN METALON Inc.Series A$9.6M$58.9M2.02×
MSolar Manufacturing, LLCSeries A$16.0M$58.9M2.02×
American Battery Factory Inc.Series A$11.7M$57.9M1.99×
Agbanga Karite, Inc.Series A$9.6M$56.9M1.95×
Corvion Inc. this companySeries A$21.2M$5.1M0.17×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$11.7M2011-10-18$53.0M$116.4M85%
Series A$8.6M2020-02-04$39.1M$86.0M90%
Series A$918K2023-02-03$4.2M$5.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$11.7M2011-10-18
    • First recorded raise — entered as Series A.
    • 8 investors on this round.
  2. Series A$8.6M2020-02-04
    • Raised again after 100 mo — slower than the ~12 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 06).
    • 8 investors on this round.
  3. Series A$918K2023-02-03
    • Raised again after 36 mo — slower than the ~12 mo sector norm.
    • Round 9.4× smaller than the prior — bridge or down round.
    • 13 investors on this round.
Intelligence
2028 ~Q3
Modeled next raise · ~68mo cadence
$918K
Modeled next size est.range $918K$1.5M
0.1×
Last step-up
$1.9M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Sean Morris6 other2023-02
Eric Rose1 other2023-02
Albert Bel Fay2011-10
Donald McCelvey2023-02
Donald Patrick McCelvey2020-02
Eugene G Glover2011-10
Eugene Glover2023-02
Greg Aber2023-02
Greg Scott Aber2011-10
Registry & provenance

Corvion Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1533704
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
LRM Industries International, Inc.ManufacturingSeries A$18.0M$6.0Msame sector · same stage
Celtic Renewables LtdManufacturingSeries A$17.8M$4.5Msame sector · same stage
Vartega Inc.ManufacturingSeries A$16.3M$4.3Msame sector · same stage
Rypos, Inc.ManufacturingSeries A$13.1M$4.6Msame sector · same stage
Algal Scientific CorpManufacturingSeries A$12.1M$6.0Msame sector · same stage
Vermont Maple Holdings, LLCManufacturingSeries A$11.0M$5.4Msame sector · same stage
Steady State LlcManufacturingSeries A$47.0M$5.4Msame sector · same stage
Xg Sciences IncManufacturingSeries A$9.4M$5.5Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Coonan, Inc.ManufacturingSeed$24.5M88%
Apis Cor Inc.ManufacturingSeed$2.1M81%
Cenveo Enterprises, Inc.ManufacturingSeries B$264.6M79%
C-Motive Technologies, Inc.ManufacturingSeries A$35.1M78%
Sepragen CorpManufacturingSeries A$19.1M78%
XinVivo, Inc.ManufacturingSeries B$28.9M78%
Acadian Composite Materials, Inc.ManufacturingPre-Seed$1.6M78%
4N Riderco, LLCManufacturingPre-Seed$4.6M77%
Frequently asked
How much funding has Corvion Inc. raised?
Corvion Inc. has raised approximately $21.2M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Corvion Inc.'s estimated valuation?
Provath's modeled valuation for Corvion Inc. is approximately $5.1M (modeled range $1.3M–$15.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Corvion Inc. at?
Corvion Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Feb 03.
What does Corvion Inc. do and where is it based?
Corvion Inc. operates in the Manufacturing sector, based in WEBSTER.
Explore related

See where Corvion Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Corvion Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.