Diligence memo · auto-generated · as of July 2, 2026
Sigma Labs, Inc.
Sigma Labs, Inc. has raised $19M over 11 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Sigma Labs, Inc. operates in Tourism and Travel Services, based in SANTA FE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sigma Labs, Inc. has raised $19M in disclosed capital across 11 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $9.7M on 2021-03-26.
Most recent recorded round closed around 2024-12-31.
Valuation (modeled)modeled
Provath models Sigma Labs, Inc. at approximately $2.5M (range $1.1M–$4.9M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 18 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
The last round stepped up 2.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Tourism and Travel Services peers (172 compared).
Modeled value ranks above 31% of those peers.
Closest niche peers: RoverPass, Inc., CBUS Hotels, LLC, Roam Maui LLC.
Peoplefiled
24 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.