Diligence memo · auto-generated · as of July 3, 2026
Envirotech Vehicles, Inc.
Envirotech Vehicles, Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Envirotech Vehicles, Inc. operates in Manufacturing, based in Houston.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Envirotech Vehicles, Inc. has raised $16M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.8M on 2020-12-29.
Most recent recorded round closed around 2026-03-06.
Valuation (modeled)modeled
Provath models Envirotech Vehicles, Inc. at approximately $11M (range $5.4M–$16M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.65× the median modeled value of Series A Manufacturing companies in 2025–2027 (62 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 33 months.
Last raise 4 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 84% of Manufacturing peers (3257 compared).
Modeled value ranks above 47% of those peers.
Closest niche peers: Island Hedley Parent LLC, Salt Lake City Distillery, Llc, Bespoken Spirits Inc., AiTA Bio Inc., C-Motive Technologies, Inc..
Peoplefiled
22 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.