Diligence memo · auto-generated · as of July 2, 2026
Victory Electronic Cigarettes Corp
Victory Electronic Cigarettes Corp looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Victory Electronic Cigarettes Corp operates in Other, based in NUNICA.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Victory Electronic Cigarettes Corp has raised $35M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2014-02-28.
Most recent recorded round closed around 2014-04-30.
Valuation (modeled)modeled
Provath models Victory Electronic Cigarettes Corp at approximately $52M (range $7.8M–$201M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.15× the median modeled value of Series B Other companies in 2013–2015 (273 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 3 months.
Last raise 12.2 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 5.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 91% of Other peers (25015 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: PL Parent, LLC, ComplexCare Holdings, Inc., Sprinklr, Inc., Globaltranz Enterprises, Inc., Halco Acquisition Corp.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.