Companies · Climate / Cleantech

MassRoots, Inc.

VIRGINIA BEACH · Climate / Cleantech · refined from filed group “Other Technology · https://www.massroots.com/

Diligence memoA one-page analyst read on MassRoots, Inc. — recommendation, valuation, rhythm, risks.
$106.0M
Total raised · real
17
Rounds
0.4×
Latest step-up
Top 12%
Sector rank · raised
Series C
Latest stage · inferred · Wed Jun 12 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

MassRoots, Inc. has raised $106M over 17 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

At-risk
  • Last raise 2.1 yr ago; this sector typically re-raises about every 9 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Climate / Cleantech

MassRoots, Inc. is one of 207 Climate / Cleantech companies tracked from VIRGINIA BEACH. By capital raised it ranks in the upper tier (ahead of 89% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Homepage - MassRoots

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climate/cleantech
Find MassRoots online

Trades publicly as MassRoots.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
13
Investors (latest)
2024-06-12
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BPre-Seed · 2014-03-26 Raised $475K (real) Modeled valuation $16M (est)Pre-Seed2014Pre-Seed · 2014-09-15 Raised $100K (real) Modeled valuation $3.4M (est)Pre-Seed · 2015-04-01 Raised $372K (real) Modeled valuation $13M (est)Pre-Seed2015Pre-Seed · 2015-06-10 Raised $575K (real) Modeled valuation $19M (est)Pre-Seed · 2016-02-09 Raised $320K (real) Modeled valuation $11M (est)Pre-Seed2016Seed · 2017-07-21 Raised $1.2M (real) Modeled valuation $33M (est)Seed · 2017-08-17 Raised $950K (real) Modeled valuation $26M (est)Seed2017Pre-Seed · 2017-09-28 Raised $545K (real) Modeled valuation $18M (est)Seed · 2017-09-28 Raised $943K (real) Modeled valuation $26M (est)Seed2017Seed · 2017-12-15 Raised $550K (real) Modeled valuation $15M (est)Seed · 2018-01-31 Raised $2.7M (real) Modeled valuation $74M (est)Seed2018Seed · 2018-07-05 Raised $1.6M (real) Modeled valuation $45M (est)Seed · 2019-06-24 Raised $645K (real) Modeled valuation $18M (est)Seed2019Series A · 2023-07-31 Raised $15M (real) Modeled valuation $104M (est)Series A · 2024-04-24 Raised $7.2M (real) Modeled valuation $38M (est)Series A2024Growth/Late · 2024-04-24 Raised $1.5B (real) Modeled valuation $18.7B (est)Series A · 2024-04-24 Raised $15M (real) Modeled valuation $78M (est)Series A2024Series C · 2024-05-20 Raised $43M (real) Modeled valuation $369M (est)Series C · 2024-06-12 Raised $15M (real) Modeled valuation $129M (est)Series C2024Cumulative $1.6B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$475K · 2014
Pre-Seed extension$100K · 2014
Pre-Seed extension$372K · 2015
Pre-Seed extension$575K · 2015
Pre-Seed extension$320K · 2016
Seed$1.2M · 2017
Seed extension$950K · 2017
Bridge · Seed-stage$545K · 2017smaller follow-on
Seed extension$943K · 2017
Seed extension$550K · 2017
Seed extension$2.7M · 2018
Seed extension$1.6M · 2018
Seed extension$645K · 2019
Series A$15.0M · 2023
Series A extension$7.2M · 2024
Growth/Late$1.5B · 2024no Series B / Series C / Series D+ on file
Bridge · Growth/Late-stage$14.9M · 2024smaller follow-on
Bridge · Growth/Late-stage$43.0M · 2024smaller follow-on
Bridge · Growth/Late-stage$15.3M · 2024smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Series B, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 71%.

Modeled valuation trajectory
$129.0M
Base estimate est.
$54.5M
Conservative case
$197.3M
Upside case
$102.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $16.0M · 2014-03-262014Pre-Seed · modeled $3.4M · 2014-09-15Pre-Seed · modeled $12.6M · 2015-04-01Pre-Seed · modeled $19.4M · 2015-06-10Pre-Seed · modeled $10.8M · 2016-02-09Seed · modeled $33.0M · 2017-07-21Seed · modeled $25.8M · 2017-08-17Pre-Seed · modeled $18.4M · 2017-09-28Seed · modeled $25.6M · 2017-09-28Seed · modeled $14.9M · 2017-12-15Seed · modeled $74.4M · 2018-01-31Seed · modeled $44.8M · 2018-07-05Seed · modeled $17.5M · 2019-06-24Series A · modeled $103.7M · 2023-07-31Series A · modeled $37.8M · 2024-04-24Growth/Late · modeled $18.7B · 2024-04-24Series A · modeled $78.3M · 2024-04-24Series C · modeled $368.8M · 2024-05-20Series C · modeled $129.0M · 2024-06-122024
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
72%
Survival probability
53% low · 83% high
1.32×/yr
Annual markup
1.51×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$10.4M/yr
Capital velocity
12.3 yr
On record since
2014
First round
19
Rounds on file
How it compares to the market

Benchmarked against 207 companies in Climate / Cleantech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 13× above median
This company$106.0M
Sector median$8.1M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.3× of median
This company$15.3M
Sector median$51.0M
Modeled value — vs sector median (estimate, all stages) 2.2× above median
This company$129.0M
Sector median$59.7M

Raised more than 89% of sector peers (real $). Modeled value above 81% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$475K2014-03-26$2.6M$16.0M85%
Pre-Seed$100K2014-09-15$556K$3.4M85%
Pre-Seed$372K2015-04-01$2.1M$12.6M85%
Pre-Seed$575K2015-06-10$3.2M$19.4M85%
Pre-Seed$320K2016-02-09$1.8M$10.8M85%
Seed$1.2M2017-07-21$6.1M$33.0M90%
Seed$950K2017-08-17$4.8M$25.8M90%
Pre-Seed$545K2017-09-28$3.0M$18.4M90%
Seed$943K2017-09-28$4.7M$25.6M90%
Seed$550K2017-12-15$2.8M$14.9M90%
Seed$2.7M2018-01-31$13.7M$74.4M90%
Seed$1.6M2018-07-05$8.3M$44.8M90%
Seed$645K2019-06-24$3.2M$17.5M90%
Series A$15.0M2023-07-31$68.2M$103.7M90%
Series A$7.2M2024-04-24$32.8M$37.8M90%
Growth/Late$1.5B2024-04-24$14.9B$18.7B90%
Series A$14.9M2024-04-24$67.9M$78.3M90%
Series C$43.0M2024-05-20$286.9M$368.8M90%
Series C$15.3M2024-06-12$102.1M$129.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$475K2014-03-26
    • First recorded raise — entered as Pre-Seed.
    • 37 investors on this round.
  2. Pre-Seed$100K2014-09-15
    • Raised 6 mo later, in step with the ~9 mo sector norm.
    • Round 4.8× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $0–$1M.
    • 1 investor on this round.
  3. Pre-Seed$372K2015-04-01
    • Raised 7 mo later, in step with the ~9 mo sector norm.
    • Round 3.7× larger than the prior — scaling up.
    • 10 investors on this round.
  4. Pre-Seed$575K2015-06-10
    • Came back fast: 2 mo vs the ~9 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 9 investors on this round.
  5. Pre-Seed$320K2016-02-09
    • Raised 8 mo later, in step with the ~9 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  6. Seed$1.2M2017-07-21
    • Raised again after 17 mo — slower than the ~9 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 17 investors on this round.
  7. Seed$950K2017-08-17
    • Came back fast: 1 mo vs the ~9 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved $0–$1M → $1M–$5M.
    • 3 investors on this round.
  8. Pre-Seed$545K2017-09-28
    • Came back fast: 1 mo vs the ~9 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  9. Seed$943K2017-09-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • 10 investors on this round.
  10. Seed$550K2017-12-15
    • Came back fast: 3 mo vs the ~9 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  11. Seed$2.7M2018-01-31
    • Came back fast: 2 mo vs the ~9 mo sector norm.
    • Round 5.0× larger than the prior — scaling up.
    • 9 investors on this round.
  12. Seed$1.6M2018-07-05
    • Came back fast: 5 mo vs the ~9 mo sector norm.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  13. Seed$645K2019-06-24
    • Raised 12 mo later, in step with the ~9 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  14. Series A$15.0M2023-07-31
    • Raised again after 49 mo — slower than the ~9 mo sector norm.
    • Round 23.3× larger than the prior — scaling up.
    • 31 investors on this round.
  15. Series A$7.2M2024-04-24
    • Raised 9 mo later, in step with the ~9 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  16. Growth/Late$1.5B2024-04-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 206.9× larger than the prior — scaling up.
    • 18 investors on this round.
  17. Series A$14.9M2024-04-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 100.0× smaller than the prior — bridge or down round.
    • 18 investors on this round.
  18. Series C$43.0M2024-05-20
    • Came back fast: 1 mo vs the ~9 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 21 investors on this round.
  19. Series C$15.3M2024-06-12
    • Came back fast: 1 mo vs the ~9 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
    • 13 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~7mo cadence
$15.3M
Modeled next size est.range $15.3M$24.5M
0.4×
Last step-up
$10.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Isaac Dietrich2 other2014-03
John Wood2 other2023-07
Cecil Kyte1 other2017-09
Graham Farrar1 other2017-09
Henry Sicignano, III1 other2023-07
Jason Adelman1 other2023-07
Terence Fitch1 other2017-07
Charles Blum2017-09
Cheryl Lanthorn2023-07
Daniel C. Hunt2015-06
Danny Meeks2023-07
Ean J Seeb2014-09
Ean Seeb2017-07
George Robert Pullar2017-07
Hyler C Fortier2014-03
Jesus C. Quintero2016-02
Jesus Quintero2017-09
Lance Galey2017-07
Nathan Shelton2017-12
Scott C. Kveton2017-09
Stewart J Fortier2014-03
Terence C. Fitch2016-02
Tripp J Keber2014-09
Tripp Keber2017-07
Registry & provenance

MassRoots, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1589149
SEC CIK
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Frequently asked
How much funding has MassRoots, Inc. raised?
MassRoots, Inc. has raised approximately $106.0M in disclosed capital across 17 recorded financing rounds, aggregated from public filings.
What is MassRoots, Inc.'s estimated valuation?
Provath's modeled valuation for MassRoots, Inc. is approximately $129.0M (modeled range $54.5M–$197.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is MassRoots, Inc. at?
MassRoots, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Jun 12.
What does MassRoots, Inc. do and where is it based?
MassRoots, Inc. operates in the Climate / Cleantech sector, based in VIRGINIA BEACH. Homepage - MassRoots
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