Diligence memo · auto-generated · as of July 2, 2026

City Of Newark, County Of Essex, State Of New Jersey

City Of Newark, County Of Essex, State Of New Jersey looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

City Of Newark, County Of Essex, State Of New Jersey operates in Other, based in Newark.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

City Of Newark, County Of Essex, State Of New Jersey has raised $25M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $25M on 2018-01-24.

Most recent recorded round closed around 2018-01-24.

Valuation (modeled)modeled

Provath models City Of Newark, County Of Essex, State Of New Jersey at approximately $415M (range $63M–$1.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.25× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era. Within the normal band (125% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 8.4 yr ago; this sector typically re-raises about every 11 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 88% of Other peers (25015 compared).

Modeled value ranks above 93% of those peers.

Closest niche peers: EIP Investment Holdings, LLC, HD MSouth Holdings, LLC, Aston Holding Corp., AirClean Holdings, Inc., Westminster Virginia LP.

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.