Diligence memo · auto-generated · as of July 2, 2026
MassRoots, Inc.
MassRoots, Inc. has raised $106M over 17 rounds; too few niche peers to rank its valuation yet.
Businessfiled
MassRoots, Inc. operates in Climate / Cleantech, based in VIRGINIA BEACH. Homepage - MassRoots
Sub-sector tags: climate/cleantech.
Capital & rounds (filed)filed
MassRoots, Inc. has raised $106M in disclosed capital across 17 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $1.5B on 2024-04-24.
Most recent recorded round closed around 2024-06-12.
Valuation (modeled)modeled
Provath models MassRoots, Inc. at approximately $129M (range $54M–$198M). 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 7 months.
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.
The last round was 2.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 89% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 81% of those peers.
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.