Diligence memo · auto-generated · as of July 2, 2026
Tecovas, Inc.
Tecovas, Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Tecovas, Inc. operates in Retailing, based in AUSTIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Tecovas, Inc. has raised $64M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $35M on 2021-12-30.
Most recent recorded round closed around 2025-06-17.
Valuation (modeled)modeled
Provath models Tecovas, Inc. at approximately $37M (range $22M–$55M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.58× the median modeled value of Series B Retailing companies in 2025–2027 (10 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 26 months.
Last raise 12 mo ago; this sector typically re-raises about every 13 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 3.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 95% of Retailing peers (2347 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: Underoutfit, Inc., Staud, Inc., Malbon Golf, Inc., FL101, Inc., Ernesta Home, Inc..
Peoplefiled
10 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.