Diligence memo · auto-generated · as of July 2, 2026
Filling Machines & Systems, Inc.
Filling Machines & Systems, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Filling Machines & Systems, Inc. operates in Manufacturing, based in DALLAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Filling Machines & Systems, Inc. has raised $27M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $15M on 2013-07-29.
Most recent recorded round closed around 2014-03-31.
Valuation (modeled)modeled
Provath models Filling Machines & Systems, Inc. at approximately $126M (range $29M–$485M). 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 B Manufacturing companies in 2013–2015 (29 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 12.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 89% of Manufacturing peers (3257 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: Horsehead Holding Corp, Specialized Tech Inc, Cobham plc, ACON Funko Investors Holdings, L.L.C., Workhorse Rail, LLC.
Peoplefiled
3 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.