Diligence memo · auto-generated · as of July 2, 2026
Rowheels,Inc.
Rowheels,Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Rowheels,Inc. operates in Manufacturing, based in FITCHBURG.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Rowheels,Inc. has raised $1.6M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $610K on 2015-12-18.
Most recent recorded round closed around 2017-02-28.
Valuation (modeled)modeled
Provath models Rowheels,Inc. at approximately $6.1M (range $272K–$69M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.14× the median modeled value of Pre-Seed Manufacturing companies in 2016–2018 (231 peers) — value vs value, same stage and era. Within the normal band (114% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 9.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 4.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 45% of Manufacturing peers (3257 compared).
Modeled value ranks above 35% of those peers.
Closest niche peers: Thorp Lane, Inc., NANOPHASE TECHNOLOGIES Corp, WholeMe, LLC, Shock Mitigation Technologies, Inc, Southwood Holding Company, Inc..
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.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.