Diligence memo · auto-generated · as of July 2, 2026
NovaSolix, Inc.
NovaSolix, Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
NovaSolix, Inc. operates in Other Technology, based in Newark.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
NovaSolix, Inc. has raised $23M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2021-10-25.
Most recent recorded round closed around 2024-11-08.
Valuation (modeled)modeled
Provath models NovaSolix, Inc. at approximately $990K (range $368K–$1.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.00× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 20 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round was 107.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 85% of Other Technology peers (21302 compared).
Modeled value ranks above 3% of those peers.
Closest niche peers: Contabilizei Co, Skan, Inc., Design Barn Inc., SKAEL, Inc., Maze.Design, Inc..
Peoplefiled
9 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.