Diligence memo · auto-generated · as of July 2, 2026
Cambrian Innovation Inc.
Cambrian Innovation Inc. has raised $38M over 6 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Cambrian Innovation Inc. operates in Environmental Services, based in WATERTOWN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cambrian Innovation Inc. has raised $38M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $17M on 2019-11-27.
Most recent recorded round closed around 2022-07-13.
Valuation (modeled)modeled
Provath models Cambrian Innovation Inc. at approximately $27M (range $5.0M–$71M). 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
Historic cadence: a new round about every 12 months.
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.
The last round stepped up 1.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Environmental Services peers (242 compared).
Modeled value ranks above 51% of those peers.
Closest niche peers: Isq Hawkeye Holdings, L.P., Solarcycle, Inc., Burnbot, Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.