Companies · Environmental Services

Cambrian Innovation Inc.

WATERTOWN · Environmental Services

Diligence memoA one-page analyst read on Cambrian Innovation Inc. — recommendation, valuation, rhythm, risks.
$38.2M
Total raised · real
6
Rounds
1.1×
Latest step-up
Top 10%
Sector rank · raised
Series B
Latest stage · inferred · Wed Jul 13 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Cambrian Innovation Inc. has raised $38M over 6 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

At-risk
  • Last raise 4.0 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.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Environmental Services

Cambrian Innovation Inc. is one of 242 Environmental Services companies tracked from WATERTOWN. By capital raised it ranks among the largest (ahead of 91% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
9
Investors (latest)
2022-07-13
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2015-10-26 Raised $1.7M (real) Modeled valuation $46M (est)Seed2015Series A · 2017-07-24 Raised $12M (real) Modeled valuation $269M (est)Series A2017Seed · 2017-07-24 Raised $1.9M (real) Modeled valuation $51M (est)Seed2017Series A · 2017-07-24 Raised $12M (real) Modeled valuation $258M (est)Series A2017Series A · 2019-03-28 Raised $3.0M (real) Modeled valuation $66M (est)Series A2019Series B · 2019-11-27 Raised $17M (real) Modeled valuation $417M (est)Series B2019Series B · 2022-01-28 Raised $2.0M (real) Modeled valuation $29M (est)Series B2022Series B · 2022-07-13 Raised $2.2M (real) Modeled valuation $27M (est)Series B2022+$12M+$1.9M+$12M+$3.0M+$17M+$2.0M+$2.2MCumulative $52M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.7M · 2015
Series A$12.2M · 2017
Bridge · Series A-stage$1.9M · 2017smaller follow-on
Series A extension$11.7M · 2017
Series A extension$3.0M · 2019
Series B$17.2M · 2019
Series B extension$2.0M · 2022
Series B extension$2.2M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$27.1M
Base estimate est.
$5.0M
Conservative case
$70.7M
Upside case
$12.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Seed · modeled $46.1M · 2015-10-262015Series A · modeled $269.2M · 2017-07-24Seed · modeled $50.7M · 2017-07-24Series A · modeled $258.1M · 2017-07-24Series A · modeled $66.3M · 2019-03-28Series B · modeled $416.6M · 2019-11-27Series B · modeled $28.8M · 2022-01-28Series B · modeled $27.1M · 2022-07-132022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
63%
Survival probability
41% low · 76% high
1.38×/yr
Annual markup
1.67×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$5.7M/yr
Capital velocity
10.7 yr
On record since
2015
First round
8
Rounds on file
How it compares to the market

Benchmarked against 242 companies in Environmental Services. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 16× above median
This company$38.2M
Sector median$2.3M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.2M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$27.1M
Sector median$25.3M

Raised more than 91% of sector peers (real $). Modeled value above 51% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Isq Hawkeye Holdings, L.P. · Series B Raised $45.6M · modeled $361.9M (est)Solarcycle, Inc. · Series B Raised $36.3M · modeled $324.5M (est)Burnbot, Inc. · Series B Raised $26.1M · modeled $198.0M (est)Cambrian Innovation Inc. (this company) Raised $38.2M · modeled $27.1M (est)Cambrian Innovation Inc.
CompanyStageRaised · realValue · estvs peer med.
Isq Hawkeye Holdings, L.P.Series B$45.6M$361.9M1.39×
Solarcycle, Inc.Series B$36.3M$324.5M1.24×
Burnbot, Inc.Series B$26.1M$198.0M0.76×
Cambrian Innovation Inc. this companySeries B$38.2M$27.1M0.10×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.7M2015-10-26$8.5M$46.1M85%
Series A$12.2M2017-07-24$55.4M$269.2M90%
Seed$1.9M2017-07-24$9.3M$50.7M90%
Series A$11.7M2017-07-24$53.1M$258.1M90%
Series A$3.0M2019-03-28$13.6M$66.3M90%
Series B$17.2M2019-11-27$95.4M$416.6M90%
Series B$2.0M2022-01-28$11.0M$28.8M90%
Series B$2.2M2022-07-13$12.0M$27.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.7M2015-10-26
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Series A$12.2M2017-07-24
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round 7.2× larger than the prior — scaling up.
    • 13 investors on this round.
  3. Seed$1.9M2017-07-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 6.5× smaller than the prior — bridge or down round.
    • 11 investors on this round.
  4. Series A$11.7M2017-07-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 6.3× larger than the prior — scaling up.
    • 12 investors on this round.
  5. Series A$3.0M2019-03-28
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 3.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  6. Series B$17.2M2019-11-27
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
    • 107 investors on this round.
  7. Series B$2.0M2022-01-28
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round 8.7× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  8. Series B$2.2M2022-07-13
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~12mo cadence
$2.4M
Modeled next size est.range $2.2M$3.8M
1.1×
Last step-up
$5.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Bruce Smith8 other2015-10
Peter Gross5 other2017-07
David Buzby4 other2017-07
Joseph Caruso2 other2015-10
Matthew Silver2 other2015-10
Andrew Del Kingman2022-01
Andrew Karsner2017-07
Edward Del Norton2022-01
Ezra Gordon2019-03
Gary Cebula2019-11
Justin Buck2015-10
Justin Charles Buck2022-07
Matthew Charles Silver2022-07
Rafael Del Pino2019-11
Rafael Del Simon2022-01
Registry & provenance

Cambrian Innovation Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1657921
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Solarcycle, Inc.Environmental ServicesSeries B$36.3M$324.5Msame sector · same stage
BioCrude Technologies USA, Inc.Environmental ServicesSeries B$35.0M$849.0Msame sector · same stage
Biocrude Techologies IncEnvironmental ServicesSeries B$35.0M$121.6Msame sector · same stage
Isq Hawkeye Holdings, L.P.Environmental ServicesSeries B$45.6M$361.9Msame sector · same stage
Disa Technologies, Inc.Environmental ServicesSeries B$50.8M$82.9Msame sector · same stage
Remediation Services, Inc.Environmental ServicesSeries B$27.6M$668.4Msame sector · same stage
Wca Waste CorpEnvironmental ServicesSeries B$27.3M$291.1Msame sector · same stage
Burnbot, Inc.Environmental ServicesSeries B$26.1M$198.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Cambrian Inc.Other TechnologySeed$22.4M84%
Streamline Innovations Holdings, Inc.Environmental ServicesSeries C$707.4M81%
Streamline Innovations, Inc.Environmental ServicesSeries C$1.9B81%
Evergreen Environmental Partners, LLCEnvironmental ServicesSeed$82.6M81%
Meridian Waste Solutions, Inc.Environmental ServicesSeries A$234.6M80%
Zhang Heng Technology LtdEnvironmental ServicesSeries A$21.3M79%
Civil & Environmental Consultants, Inc.Environmental ServicesSeed$17.8M79%
Accordant Energy, LLCEnvironmental ServicesSeed$8.6M79%
Frequently asked
How much funding has Cambrian Innovation Inc. raised?
Cambrian Innovation Inc. has raised approximately $38.2M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Cambrian Innovation Inc.'s estimated valuation?
Provath's modeled valuation for Cambrian Innovation Inc. is approximately $27.1M (modeled range $5.0M–$70.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cambrian Innovation Inc. at?
Cambrian Innovation Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Jul 13.
What does Cambrian Innovation Inc. do and where is it based?
Cambrian Innovation Inc. operates in the Environmental Services sector, based in WATERTOWN.
Explore related

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