Diligence memo · auto-generated · as of July 2, 2026
Katerra Inc.
Katerra Inc. has raised $1.2B over 6 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Katerra Inc. operates in Mobility / Logistics, based in MENLO PARK. American Katerra provides innovative steel fabrication products, such as Green Carbon Steel, using Building Information Modeling (BIM) in the US.
Sub-sector tags: mobility.
Capital & rounds (filed)filed
Katerra Inc. has raised $1.2B in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $999M on 2018-01-23.
Most recent recorded round closed around 2018-01-23.
Valuation (modeled)modeled
Provath models Katerra Inc. at approximately $16.0B (range $7.0B–$28.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 8.4 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 100% of those peers.
Peoplefiled
20 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.