Diligence memo · auto-generated · as of July 2, 2026
Icorium Engineering Co
Icorium Engineering Co looks over-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Icorium Engineering Co operates in Other, based in LAWRENCE.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Icorium Engineering Co has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2024-10-23.
Most recent recorded round closed around 2024-10-23.
Valuation (modeled)modeled
Provath models Icorium Engineering Co at approximately $3.5M (range $667K–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.73× the median modeled value of Pre-Seed Other companies in 2022–2024 (1723 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 20 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 37% of Other peers (25015 compared).
Modeled value ranks above 20% of those peers.
Closest niche peers: El American Inc., AEA Hope, LLC, Joy Milk Tea Inc., Manage Mindfully, Inc., ValiDateMe LLC.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.