Diligence memo · auto-generated · as of July 2, 2026
DevvStream Corp.
DevvStream Corp. has raised $12M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
DevvStream Corp. operates in Energy Conservation, based in SACRAMENTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
DevvStream Corp. has raised $12M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2025-07-18.
Most recent recorded round closed around 2025-12-03.
Valuation (modeled)modeled
Provath models DevvStream Corp. at approximately $5.7M (range $2.5M–$8.9M). 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 5 months.
Last raise 7 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 5.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 80% of Energy Conservation peers (254 compared).
Modeled value ranks above 21% of those peers.
Closest niche peers: Geofy, Inc., XCT Holdings LLC.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.