Diligence memo · auto-generated · as of July 2, 2026
Verengo, Inc.
Verengo, Inc. has raised $55M over 7 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Verengo, Inc. operates in Energy Conservation, based in Torrance.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Verengo, Inc. has raised $55M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $15M on 2014-09-12.
Most recent recorded round closed around 2015-12-02.
Valuation (modeled)modeled
Provath models Verengo, Inc. at approximately $83M (range $7.9M–$321M). 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 10 months.
Last raise 10.6 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 94% of Energy Conservation peers (254 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Infinia CORP, Reel Solar, Inc..
Peoplefiled
10 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.