Diligence memo · auto-generated · as of July 2, 2026
H3X Technologies Inc.
H3X Technologies Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
H3X Technologies Inc. operates in Software / Tech, based in LOUISVILLE, CO, USA. The lightest electric aircraft motors in the world.
Sub-sector tags: Airplanes, Climate, Electric Vehicles.
Capital & rounds (filed)filed
H3X Technologies Inc. has raised $29M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $20M on 2024-03-04.
Most recent recorded round closed around 2024-03-04.
Valuation (modeled)modeled
Provath models H3X Technologies Inc. at approximately $170M (range $50M–$325M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.83× the median modeled value of Series B Software / Tech companies in 2022–2024 (174 peers) — value vs value, same stage and era. Within the normal band (83% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 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 6.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 85% of Software / Tech peers (3920 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Argyle Systems Inc., Shoreline Software, Inc., ALICE Technologies, Inc., Tint Technologies Inc., Vanilla Technologies Inc..
Peoplefiled
4 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.