Diligence memo · auto-generated · as of July 2, 2026
S2A Modular Corp
S2A Modular Corp looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
S2A Modular Corp operates in Manufacturing, based in PATTERSON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
S2A Modular Corp has raised $63M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $63M on 2023-03-10.
Most recent recorded round closed around 2025-11-21.
Valuation (modeled)modeled
Provath models S2A Modular Corp at approximately $1.1M (range $789K–$1.4M). 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 C Manufacturing companies in 2025–2027 (8 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 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 stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Manufacturing peers (3257 compared).
Modeled value ranks above 6% of those peers.
Closest niche peers: LuxWall, Inc., JAPRA Technologies, Inc., Eve Nexus Inc., Monarch Quantum, Inc., Symmetry, LLC.
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.