Diligence memo · auto-generated · as of July 2, 2026
Circularity2, LLC
Circularity2, LLC has raised $4.8M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Circularity2, LLC operates in Environmental Services, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Circularity2, 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: $3.3M on 2024-02-16.
Most recent recorded round closed around 2025-09-01.
Valuation (modeled)modeled
Provath models Circularity2, LLC at approximately $4.1M (range $1.3M–$8.0M). 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 18 months.
Last raise 10 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 2.1× 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 15% of those peers.
Closest niche peers: Swirltex Holdings Corp., Rincon Consultants, Inc., Langan Management Aggregator LLC.
Peoplefiled
5 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.