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

NEFCO Acquisitions, Inc.

NEFCO Acquisitions, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

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

Businessfiled

NEFCO Acquisitions, Inc. operates in Other, based in FOSTER CITY.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

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

Capital & rounds (filed)filed

NEFCO Acquisitions, Inc. has raised $273M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $189M on 2022-08-05.

Most recent recorded round closed around 2024-12-20.

Valuation (modeled)modeled

Provath models NEFCO Acquisitions, Inc. at approximately $419M (range $267M–$552M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.31× the median modeled value of Series D+ Other companies in 2022–2024 (109 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 10 months.

Last raise 18 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round stepped up 1.6× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 99% of Other peers (25015 compared).

Modeled value ranks above 93% of those peers.

Closest niche peers: Getaround, Inc, Relentless Topco, Inc., NQ PE Project Colosseum Parent, L.P., Cowboy Topco, Inc., Office Topco, Llc.

Peoplefiled

3 named people on file across officers, directors and signatories.

Risks & flagsmixed

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.