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

Fluid Efficiency Corp

Fluid Efficiency Corp looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Fluid Efficiency Corp operates in Other Energy, based in PASADENA.

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

Capital & rounds (filed)filed

Fluid Efficiency Corp has raised $9.4M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $7.7M on 2024-02-02.

Most recent recorded round closed around 2024-02-02.

Valuation (modeled)modeled

Provath models Fluid Efficiency Corp at approximately $33M (range $9.9M–$79M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.98× the median modeled value of Series A Other Energy companies in 2022–2024 (105 peers) — value vs value, same stage and era. Within the normal band (98% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 13 months.

Last raise 2.4 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round stepped up 1.4× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 67% of Other Energy peers (2049 compared).

Modeled value ranks above 63% of those peers.

Closest niche peers: Versogen, Inc., Juhl Clean Energy Assets, Inc., UtilityAPI, Inc., Premier Uranium, Inc., Controlled Thermal Resources Holdings Inc..

Peoplefiled

8 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.