Diligence memo · auto-generated · as of July 2, 2026

Koloma, Inc.

Koloma, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Koloma, Inc. operates in Other Energy, based in Denver.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Koloma, Inc. has raised $394M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $246M on 2023-12-21.

Most recent recorded round closed around 2024-08-28.

Valuation (modeled)modeled

Provath models Koloma, Inc. at approximately $422M (range $282M–$575M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.24× the median modeled value of Series D+ Other Energy companies in 2022–2024 (10 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 7 months.

Last raise 22 mo ago; this sector typically re-raises about every 12 months.

Slightly overdue versus sector cadence.

The last round was 4.7× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Other Energy peers (2049 compared).

Modeled value ranks above 95% of those peers.

Closest niche peers: Livent Corp., Nexamp, Inc., EnerVenue Holdings, Ltd., Tellurian Inc. /De/, Maxeon Solar Technologies, Ltd..

Peoplefiled

21 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.