Diligence memo · auto-generated · as of July 3, 2026
Frank Innovations, Inc.
Frank Innovations, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Frank Innovations, Inc. operates in Other Technology, based in STUART.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Frank Innovations, Inc. has raised $24M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2024-03-13.
Most recent recorded round closed around 2024-03-13.
Valuation (modeled)modeled
Provath models Frank Innovations, Inc. at approximately $136M (range $40M–$258M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.63× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 2.3 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 163.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 86% of Other Technology peers (21302 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: Contabilizei Co, Skan, Inc., Design Barn Inc., SKAEL, Inc., Maze.Design, Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.