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

Greenridge Phoenix Project

Greenridge Phoenix Project looks fair against its niche peers and is active on financing cadence.

SourceRaising on rhythm with a 2.8× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Greenridge Phoenix Project operates in Other Technology, based in SANTA MONICA.

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

Capital & rounds (filed)filed

Greenridge Phoenix Project has raised $150M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $110M on 2025-05-14.

Most recent recorded round closed around 2025-05-14.

Valuation (modeled)modeled

Provath models Greenridge Phoenix Project at approximately $1.0B (range $611M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.98× the median modeled value of Series D+ Other Technology companies in 2025–2027 (60 peers) — value vs value, same stage and era. Within the normal band (98% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 23 months.

Last raise 14 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 2.8× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 98% of Other Technology peers (21302 compared).

Modeled value ranks above 96% of those peers.

Closest niche peers: ServiceNow, Inc., Castelion Corp, Cryptyde, Inc., Niantic Spatial, Inc., Robin Motor Ltd.

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.