Diligence memo · auto-generated · as of July 2, 2026
Techless LLC
Techless LLC looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Techless LLC operates in Telecommunications, based in SHINER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Techless LLC has raised $2.4M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.8M on 2021-10-26.
Most recent recorded round closed around 2023-06-02.
Valuation (modeled)modeled
Provath models Techless LLC at approximately $3.7M (range $480K–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.33× the median modeled value of Seed Telecommunications companies in 2022–2024 (28 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 3.1 yr ago; this sector typically re-raises about every 10 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 3.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 42% of Telecommunications peers (929 compared).
Modeled value ranks above 11% of those peers.
Closest niche peers: Aglocell, Inc., TRAXyL, Inc., Tower One Wireless Corp., Addvantage Technologies Group Inc, Graphene 01, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.