Diligence memo · auto-generated · as of July 2, 2026
HGI Industries, Inc.
HGI Industries, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
HGI Industries, Inc. operates in Manufacturing / Industrial, based in BOYNTON BEACH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
HGI Industries, Inc. has raised $4.0M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.9M on 2011-03-31.
Most recent recorded round closed around 2021-06-30.
Valuation (modeled)modeled
Provath models HGI Industries, Inc. at approximately $3.8M (range $387K–$23M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.21× the median modeled value of Seed Manufacturing / Industrial companies in 2019–2021 (10 peers) — value vs value, same stage and era. Issuer reports $5M–$25M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 5.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 88% of Manufacturing / Industrial peers (629 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Blue Valley Industrial Holdings, LLC, Cti Industries Corp, Helicoid Industries Inc., Transmute Industries, Inc., NBB Equipment 2019 LLC.
Peoplefiled
13 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.