Diligence memo · auto-generated · as of July 2, 2026
Beneath the Waves Enterprises, LLC
Beneath the Waves Enterprises, LLC looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Beneath the Waves Enterprises, LLC operates in Energy Conservation, based in CHATTANOOGA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Beneath the Waves Enterprises, LLC has raised $845K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $845K on 2023-08-10.
Most recent recorded round closed around 2023-08-10.
Valuation (modeled)modeled
Provath models Beneath the Waves Enterprises, LLC at approximately $5.8M (range $518K–$25M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.08× the median modeled value of Pre-Seed Energy Conservation companies in 2022–2024 (20 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 2.9 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 30% of Energy Conservation peers (254 compared).
Modeled value ranks above 21% of those peers.
Closest niche peers: Clean Energy Technologies, Inc., Baryon Inc, Cng 2022 B&H Trucks, Llc, Cng 2023 Vehicles, Llc, Renewable Snowmaking Co., Corp..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.