Diligence memo · auto-generated · as of July 2, 2026
Hyperlite Mountain Gear Inc.
Hyperlite Mountain Gear Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Hyperlite Mountain Gear Inc. operates in Retailing, based in BIDDEFORD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hyperlite Mountain Gear Inc. has raised $10M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.6M on 2021-03-05.
Most recent recorded round closed around 2022-05-23.
Valuation (modeled)modeled
Provath models Hyperlite Mountain Gear Inc. at approximately $4.0M (range $1.2M–$14M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.22× the median modeled value of Series A Retailing companies in 2022–2024 (100 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 23 months.
Last raise 4.1 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 5.6× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 81% of Retailing peers (2347 compared).
Modeled value ranks above 43% of those peers.
Closest niche peers: Olivela Inc., PSP Investors, LLC, Coreleap, Inc., Cariloha, Inc., Elevation Cannabis, LLC.
Peoplefiled
7 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.