Diligence memo · auto-generated · as of July 2, 2026
Novatel Wireless Inc
Novatel Wireless Inc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Novatel Wireless Inc operates in Telecommunications, based in SAN DIEGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Novatel Wireless Inc has raised $14M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2014-09-08.
Most recent recorded round closed around 2014-09-08.
Valuation (modeled)modeled
Provath models Novatel Wireless Inc at approximately $253M (range $19M–$1.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.74× the median modeled value of Series A Telecommunications companies in 2013–2015 (41 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 11.8 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 73% of Telecommunications peers (929 compared).
Modeled value ranks above 85% of those peers.
Closest niche peers: Texas Energy Network, LLC, USConnect Holdings, Inc., Insite Wireless Group, LLC, Fiberzone Networks Inc, Northeast Wireless Networks, LLC.
Peoplefiled
9 named people 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.