Diligence memo · auto-generated · as of July 2, 2026
Forge Automation Corp.
Forge Automation Corp. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Forge Automation Corp. operates in Robotics, based in NORTH YORK, ON, Canada. Software Enabled CNC Parts Supplier
Sub-sector tags: Hard Tech, Hardware, Robotics, Manufacturing, Industrial.
Capital & rounds (filed)filed
Forge Automation Corp. has raised $135K 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: $135K on 2024-03-22.
Most recent recorded round closed around 2024-03-22.
Valuation (modeled)modeled
Provath models Forge Automation Corp. at approximately $655K (range $81K–$2.4M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.29× the median modeled value of Pre-Seed Robotics companies in 2022–2024 (18 peers) — value vs value, same stage and era. Issuer reports $0–$1M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Last raise 2.3 yr ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 38% of Robotics peers (327 compared).
Modeled value ranks above 40% of those peers.
Closest niche peers: Finish Robotics, Inc., Wvc Agility Robotics 2023, Llc, Massage Robotics, Inc., Visual Robotic Systems Inc., Vista Robotics, Inc..
Peoplefiled
2 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.