Diligence memo · auto-generated · as of July 3, 2026
Green Spirit Industries Inc.
Green Spirit Industries Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Green Spirit Industries Inc. operates in Manufacturing / Industrial, based in DORADO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Green Spirit Industries Inc. has raised $14M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.0M on 2017-12-28.
Most recent recorded round closed around 2019-03-06.
Valuation (modeled)modeled
Provath models Green Spirit Industries Inc. at approximately $7.8M (range $1.1M–$42M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.10× the median modeled value of Series A Manufacturing / Industrial companies in 2019–2021 (12 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 7.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Manufacturing / Industrial peers (629 compared).
Modeled value ranks above 85% of those peers.
Closest niche peers: North Mill Equipment Finance LLC, PG Manufacturing, LLC, Tracked Equipment Holdings LLC, Pushkin Industries, Inc., Hashed Industries, LLC.
Peoplefiled
9 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.