Diligence memo · auto-generated · as of July 2, 2026
Ingrain Inc
Ingrain Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Ingrain Inc operates in Other Energy, based in HOUSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ingrain Inc has raised $43M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $15M on 2009-09-18.
Most recent recorded round closed around 2016-12-22.
Valuation (modeled)modeled
Provath models Ingrain Inc at approximately $11M (range $1.3M–$57M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.17× the median modeled value of Series A Other Energy companies in 2016–2018 (47 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 9.5 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 89% of Other Energy peers (2049 compared).
Modeled value ranks above 39% of those peers.
Closest niche peers: Depcom Power, Inc., Ubiquitous Energy, Inc., CleanCapital Portfolio 1, LLC, FINsix Corp, King River Royalties, LLC.
Peoplefiled
15 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.