Diligence memo · auto-generated · as of July 2, 2026
CarbonWave, Inc.
CarbonWave, Inc. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
CarbonWave, Inc. operates in Other Health Care, based in Bethel.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
CarbonWave, Inc. has raised $3.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2024-07-17.
Most recent recorded round closed around 2024-07-17.
Valuation (modeled)modeled
Provath models CarbonWave, Inc. at approximately $13M (range $2.5M–$34M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.09× the median modeled value of Seed Other Health Care companies in 2022–2024 (244 peers) — value vs value, same stage and era. Within the normal band (109% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 23 mo ago; this sector typically re-raises about every 14 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 55% of Other Health Care peers (5377 compared).
Modeled value ranks above 39% of those peers.
Closest niche peers: Elmntri LLC, Atreo, Inc., descendantsDNA, Inc., Westover Project Investor LLC, Dentulu Inc.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.