Diligence memo · auto-generated · as of July 2, 2026
Armada Water Assets Inc
Armada Water Assets Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Armada Water Assets Inc operates in Environmental Services, based in HOUSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Armada Water Assets Inc has raised $48M in disclosed capital across 14 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $11M on 2013-04-04.
Most recent recorded round closed around 2014-11-11.
Valuation (modeled)modeled
Provath models Armada Water Assets Inc at approximately $33M (range $1.9M–$180M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.34× the median modeled value of Series A Environmental Services companies in 2013–2015 (16 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 41 months.
Last raise 11.6 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 3.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Environmental Services peers (242 compared).
Modeled value ranks above 58% of those peers.
Closest niche peers: Gwtt Holding Company, Llc, ProAct Services Corp, GreenHunter Resources, Inc., CES Holding Company, Inc., Kurion Inc.
Peoplefiled
17 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.