Diligence memo · auto-generated · as of July 2, 2026
Mims Motors Corp
Mims Motors Corp looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Mims Motors Corp operates in Other Energy, based in LAS VEGAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mims Motors Corp has raised $76M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $76M on 2017-07-01.
Most recent recorded round closed around 2017-07-01.
Valuation (modeled)modeled
Provath models Mims Motors Corp at approximately $910M (range $279M–$2.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.53× the median modeled value of Series C Other Energy companies in 2016–2018 (16 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Last raise 9.0 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 93% of Other Energy peers (2049 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: WRH Associates, LLC, Concessionaire CCNCM Transmission Line S.A.C., Clean Energy Fuels Corp., Stem, Inc., Trinity Oaks Tyler, LLC.
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.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.