Diligence memo · auto-generated · as of July 2, 2026
Carden, LLC
Carden, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Carden, LLC operates in Environmental Services, based in Houston.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Carden, LLC has raised $4.8M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on 2017-03-07.
Most recent recorded round closed around 2021-03-25.
Valuation (modeled)modeled
Provath models Carden, LLC at approximately $17M (range $704K–$107M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.67× the median modeled value of Seed Environmental Services companies in 2019–2021 (10 peers) — value vs value, same stage and era. Within the normal band (67% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 49 months.
Last raise 5.3 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 4.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 63% of Environmental Services peers (242 compared).
Modeled value ranks above 41% of those peers.
Closest niche peers: Evergreen Environmental Partners, LLC, Perma Fix Environmental Services Inc, Spark Change Group Inc., Ubuntoo, Inc., High Desert H2O, LLC.
Peoplefiled
8 named people on file across officers, directors and signatories.
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.