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

Module Design, Inc.

Module Design, Inc. looks under-valued against its niche peers and is active on financing cadence.

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

Businessfiled

Module Design, Inc. operates in Construction, based in Pittsburgh.

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

Capital & rounds (filed)filed

Module Design, Inc. has raised $1.6M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $1.1M on 2023-05-25.

Most recent recorded round closed around 2025-11-21.

Valuation (modeled)modeled

Provath models Module Design, Inc. at approximately $1.1M (range $450K–$2.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.19× the median modeled value of Seed Construction companies in 2025–2027 (27 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 30 months.

Last raise 7 mo ago; this sector typically re-raises about every 12 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 2.1× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 67% of Construction peers (1338 compared).

Modeled value ranks above 46% of those peers.

Closest niche peers: Smoky Mountain AV Investors LLC, Balfour Beatty plc, RB Investor V LLC, Svp Holding Llc, TektonOS, Inc..

Peoplefiled

5 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.