Diligence memo · auto-generated · as of July 2, 2026
Arnergy
Arnergy has raised $9.0M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Arnergy operates in Energy, based in Africa. Nigerian distributed utility startup Arnergy has raised a US$9 million Series A round of funding to help it scale into new markets and verticals.
Sub-sector tags: energy.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Arnergy has raised $9.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $9.0M on 2019-06-27.
Most recent recorded round closed around 2019-06-27.
Valuation (modeled)modeled
Provath models Arnergy at approximately $95M (range $12M–$517M). 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
Last raise 7.0 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 81% of Energy peers (69 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Wireless Electrical Grid LAN, WiGL Inc., Tank Utility, Inc..
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.