Diligence memo · auto-generated · as of July 2, 2026
Innovari, Inc.
Innovari, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Innovari, Inc. operates in Other Energy, based in AUSTIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Innovari, Inc. has raised $8.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.0M on 2013-12-24.
Most recent recorded round closed around 2013-12-24.
Valuation (modeled)modeled
Provath models Innovari, Inc. at approximately $42M (range $5.2M–$230M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.71× the median modeled value of Series A Other Energy companies in 2013–2015 (81 peers) — value vs value, same stage and era. Within the normal band (71% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 12.5 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 65% of Other Energy peers (2049 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: AgriGroupe Energy Holdings, Brookfield Renewable Energy Partners L.P., Ofs Pro Ci, Lp, Apex Wind Energy Holdings, LLC, Ardica Technologies, Inc..
Peoplefiled
3 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.