Diligence memo · auto-generated · as of July 2, 2026
Grow-Ray Technologies, Inc.
Grow-Ray Technologies, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Grow-Ray Technologies, Inc. operates in Manufacturing, based in Boulder.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Grow-Ray Technologies, Inc. has raised $1.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2020-02-12.
Most recent recorded round closed around 2020-02-12.
Valuation (modeled)modeled
Provath models Grow-Ray Technologies, Inc. at approximately $18M (range $1.4M–$144M). 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 Seed Manufacturing companies in 2019–2021 (134 peers) — value vs value, same stage and era. Within the normal band (98% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 6.4 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 44% of Manufacturing peers (3257 compared).
Modeled value ranks above 63% of those peers.
Closest niche peers: Go Africa LLC, Alpen High Performance Products, Inc., Rhino Health Inc., DCG Lounger Growth, LLC, Mile High Bioscience, LLC.
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.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.