Diligence memo · auto-generated · as of July 2, 2026
Cresco Labs Inc.
Cresco Labs Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Cresco Labs Inc. operates in Software / Tech, based in CHICAGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cresco Labs Inc. has raised $62M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $62M on 2021-12-09.
Most recent recorded round closed around 2021-12-09.
Valuation (modeled)modeled
Provath models Cresco Labs Inc. at approximately $1.3B (range $235M–$2.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.84× the median modeled value of Series C Software / Tech companies in 2019–2021 (58 peers) — value vs value, same stage and era. Within the normal band (84% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 4.6 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 92% of Software / Tech peers (3920 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Romeo Systems, Inc., Enjoy Technology, Inc., Aircall.io, Inc., Jane Technologies, Inc., Turntide Technologies Inc..
Peoplefiled
18 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.