Diligence memo · auto-generated · as of July 2, 2026

Fish On, Inc.

Fish On, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Fish On, Inc. operates in Manufacturing, based in HORACE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Fish On, Inc. has raised $155K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $155K on 2020-11-27.

Most recent recorded round closed around 2020-11-27.

Valuation (modeled)modeled

Provath models Fish On, Inc. at approximately $2.0M (range $105K–$20M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.41× the median modeled value of Pre-Seed Manufacturing companies in 2019–2021 (171 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 5.6 yr ago; this sector typically re-raises about every 12 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 7% of Manufacturing peers (3257 compared).

Modeled value ranks above 14% of those peers.

Closest niche peers: Surfx Technologies LLV, Pioneer Botanicals, LLC, Target Arm LLC, OVCBC Enterprises Inc., Optical Structures Inc.

Peoplefiled

2 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.