Diligence memo · auto-generated · as of July 2, 2026
Electrameccanica Vehicles Corp.
Electrameccanica Vehicles Corp. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Electrameccanica Vehicles Corp. operates in Manufacturing, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Electrameccanica Vehicles Corp. has raised $459K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $300K on 2017-11-22.
Most recent recorded round closed around 2017-11-22.
Valuation (modeled)modeled
Provath models Electrameccanica Vehicles Corp. at approximately $4.6M (range $204K–$52M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.86× the median modeled value of Pre-Seed Manufacturing companies in 2016–2018 (231 peers) — value vs value, same stage and era. Within the normal band (86% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 8.6 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 21% of Manufacturing peers (3257 compared).
Modeled value ranks above 29% of those peers.
Closest niche peers: Thorp Lane, Inc., NANOPHASE TECHNOLOGIES Corp, WholeMe, LLC, Shock Mitigation Technologies, Inc, Southwood Holding Company, Inc..
Peoplefiled
7 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.