Diligence memo · auto-generated · as of July 2, 2026
Merlin Mobility, Inc./DE
Merlin Mobility, Inc./DE looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Merlin Mobility, Inc./DE operates in Mobility / Logistics, based in BOULDER.
Sub-sector tags: mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Merlin Mobility, Inc./DE has raised $768K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $618K on 2021-05-07.
Most recent recorded round closed around 2021-10-01.
Valuation (modeled)modeled
Provath models Merlin Mobility, Inc./DE at approximately $1.8M (range $90K–$14M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.43× the median modeled value of Pre-Seed Mobility / Logistics companies in 2019–2021 (11 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 4.7 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 4.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 73% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 70% of those peers.
Closest niche peers: Fairway Logistics Lv Llc, Iuvo Logistics, LLC, Mobility Holdings, Inc, JAK Logistics Inc., Logistics Partners Parent LP.
Peoplefiled
1 named person 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.