Diligence memo · auto-generated · as of July 2, 2026

Zero Motorcycles Inc

Zero Motorcycles Inc looks fair against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 2.5× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Zero Motorcycles Inc operates in Other, based in SCOTTS VALLEY. Manufacturer of 100% electric motorcycles for the street and dirt.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

Capital & rounds (filed)filed

Zero Motorcycles Inc has raised $446M in disclosed capital across 52 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $107M on 2021-12-22.

Most recent recorded round closed around 2024-10-09.

Filings read as a recurring offering program rather than a clean venture-stage ladder — interpret stage labels and step-ups with that in mind.

Valuation (modeled)modeled

Provath models Zero Motorcycles Inc at approximately $917M (range $568M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.67× the median modeled value of Series D+ Other companies in 2022–2024 (109 peers) — value vs value, same stage and era. Within the normal band (67% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 3 months.

Last raise 21 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round stepped up 2.5× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 99% of Other peers (25015 compared).

Modeled value ranks above 96% of those peers.

Closest niche peers: Getaround, Inc, Relentless Topco, Inc., NQ PE Project Colosseum Parent, L.P., Cowboy Topco, Inc., Office Topco, Llc.

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.

Recurring-offering pattern: stage-based valuation has lower applicability.