Diligence memo · auto-generated · as of July 2, 2026
Inspirit IoT, Inc.
Inspirit IoT, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Inspirit IoT, Inc. operates in Hardware / Semiconductors, based in CHAMPAIGN.
Sub-sector tags: hardware/semi.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Inspirit IoT, Inc. has raised $1.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.1M on 2018-07-01.
Most recent recorded round closed around 2018-07-01.
Valuation (modeled)modeled
Provath models Inspirit IoT, Inc. at approximately $21M (range $900K–$164M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.92× the median modeled value of Seed Hardware / Semiconductors companies in 2016–2018 (6 peers) — value vs value, same stage and era. Within the normal band (92% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 23 months.
Last raise 8.0 yr ago; this sector typically re-raises about every 16 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 5.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 61% of Hardware / Semiconductors peers (130 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: Thrive Agritech, Inc., Bottomless, Inc., Linear Dimensions Semiconductor Inc., Freebird Semiconductor Corp, Geo Semiconductor Inc..
Peoplefiled
4 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.