Diligence memo · auto-generated · as of July 2, 2026
Spiritus Technologies, Pbc
Spiritus Technologies, Pbc looks over-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Spiritus Technologies, Pbc operates in Other Energy, based in WHITE ROCK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Spiritus Technologies, Pbc has raised $24M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2024-10-04.
Most recent recorded round closed around 2024-10-04.
Valuation (modeled)modeled
Provath models Spiritus Technologies, Pbc at approximately $52M (range $18M–$105M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.52× the median modeled value of Series A Other Energy companies in 2022–2024 (105 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 21 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round stepped up 1.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 83% of Other Energy peers (2049 compared).
Modeled value ranks above 73% of those peers.
Closest niche peers: Versogen, Inc., Juhl Clean Energy Assets, Inc., UtilityAPI, Inc., Premier Uranium, Inc., Controlled Thermal Resources Holdings Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.