Diligence memo · auto-generated · as of July 2, 2026
Toughbuilt Industries, Inc
Toughbuilt Industries, Inc looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Toughbuilt Industries, Inc operates in Manufacturing / Industrial, based in IRVINE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Toughbuilt Industries, Inc has raised $56M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $20M on 2022-07-27.
Most recent recorded round closed around 2026-01-14.
Valuation (modeled)modeled
Provath models Toughbuilt Industries, Inc at approximately $5.7M (range $3.5M–$7.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.24× the median modeled value of Series B Manufacturing / Industrial companies in 2025–2027 (5 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 6 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 2.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Manufacturing / Industrial peers (629 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: Maybell Quantum Industries, Inc., Agile Space Industries Inc., Particle Industries, Inc., Fresh Factory B.C. Ltd..
Peoplefiled
18 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.