Diligence memo · auto-generated · as of July 2, 2026
Inrange Systems Inc
Inrange Systems Inc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Inrange Systems Inc operates in Manufacturing, based in Erie.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Inrange Systems Inc has raised $75M in disclosed capital across 17 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2019-12-31.
Most recent recorded round closed around 2019-12-31.
Valuation (modeled)modeled
Provath models Inrange Systems Inc at approximately $133M (range $18M–$722M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.66× the median modeled value of Series A Manufacturing companies in 2019–2021 (113 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 6.5 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 70.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 95% of Manufacturing peers (3257 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: KPI Acquisition Co LLC, Neon Parent, Inc., Novi Plast Trading SAS, Anything Possible Investment, LLC, Total Seal Investment Holdings, LLC.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.