Diligence memo · auto-generated · as of July 2, 2026
Granite Investment Group
Granite Investment Group looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Granite Investment Group operates in Other Health Care, based in Irvine.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Granite Investment Group has raised $13M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2009-05-01.
Most recent recorded round closed around 2009-05-01.
Valuation (modeled)modeled
Provath models Granite Investment Group at approximately $252M (range $16M–$1.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.02× the median modeled value of Series A Other Health Care companies in 2007–2009 (48 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 17.2 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 79% of Other Health Care peers (5377 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Dynova Laboratories Inc, Vocollect Inc, Salient Surgical Technologies, Inc., Orthohelix Surgical Design Inc, CardioPolymers, Inc..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.