Diligence memo · auto-generated · as of July 2, 2026
Thermal Imaging Radar, LLC
Thermal Imaging Radar, LLC has raised $12M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Thermal Imaging Radar, LLC operates in Energy / Climate, based in LEHI.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Thermal Imaging Radar, LLC has raised $12M 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: $11M on 2013-10-28.
Most recent recorded round closed around 2013-10-28.
Valuation (modeled)modeled
Provath models Thermal Imaging Radar, LLC at approximately $140M (range $14M–$763M). 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 2 months.
Last raise 12.7 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 23.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 73% of Energy / Climate peers (235 compared).
Modeled value ranks above 88% of those peers.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.