Diligence memo · auto-generated · as of July 2, 2026
FastCAP Systems Corp
FastCAP Systems Corp looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
FastCAP Systems Corp operates in Other Energy, based in Woburn.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
FastCAP Systems Corp has raised $109M in disclosed capital across 12 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $56M on 2024-11-27.
Most recent recorded round closed around 2024-11-27.
Valuation (modeled)modeled
Provath models FastCAP Systems Corp at approximately $348M (range $204M–$500M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.03× the median modeled value of Series C Other Energy companies in 2022–2024 (26 peers) — value vs value, same stage and era. Within the normal band (103% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 19 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 95% of Other Energy peers (2049 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Easy Energy Finance, Inc., Novasource Power Holdings, Inc., UM Capital LLC, KORE Power, Inc., Gac Ii, Llc.
Peoplefiled
17 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.