Companies · Environmental Services

PegEx, Inc.

FITCHBURG · Environmental Services

Diligence memoA one-page analyst read on PegEx, Inc. — recommendation, valuation, rhythm, risks.
$15.3M
Total raised · real
6
Rounds
0.2×
Latest step-up
Top 19%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 26 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

PegEx, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.82× the median modeled value of Series A Environmental Services companies in 2019–2021 (6 peers) — value vs value, same stage and era.
  • Within the normal band (82% of peer median) for its niche.
Dormant
  • Last raise 6.9 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Environmental Services

PegEx, Inc. is one of 242 Environmental Services companies tracked from FITCHBURG. By capital raised it ranks in the upper tier (ahead of 82% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2019-07-26
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MPre-Seed · 2013-12-24 Raised $250K (real) Modeled valuation $8.4M (est)$250K$8.4MPre-Seed2013Pre-Seed · 2014-09-22 Raised $450K (real) Modeled valuation $15M (est)$450K$15MPre-Seed2014Seed · 2015-02-27 Raised $1.3M (real) Modeled valuation $35M (est)$1.3M$35MSeed2015Seed · 2016-03-31 Raised $4.0M (real) Modeled valuation $109M (est)$4.0M$109MSeed2016Series A · 2018-04-16 Raised $8.0M (real) Modeled valuation $178M (est)$8.0M$178MSeries A2018Series A · 2019-07-26 Raised $1.3M (real) Modeled valuation $28M (est)$1.3M$28MSeries A2019+$450K+$1.3M+$4.0M+$8.0M+$1.3MCumulative $15M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$250K · 2013
Pre-Seed extension$450K · 2014
Seed$1.3M · 2015
Seed extension$4.0M · 2016
Series A$8.0M · 2018
Series A extension$1.3M · 2019

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$27.6M
Base estimate est.
$1.6M
Conservative case
$150.2M
Upside case
$5.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $8.4M · 2013-12-242013Pre-Seed · modeled $15.2M · 2014-09-22Seed · modeled $35.2M · 2015-02-27Seed · modeled $108.5M · 2016-03-31Series A · modeled $177.5M · 2018-04-16Series A · modeled $27.6M · 2019-07-262019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
51%
Survival probability
28% low · 69% high
1.46×/yr
Annual markup
1.84×/yr upside case
6.0 yr
Elapsed time used
6.9 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$2.7M/yr
Capital velocity
12.5 yr
On record since
2013
First round
6
Rounds on file
How it compares to the market

Benchmarked against 242 companies in Environmental Services. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 6.6× above median
This company$15.3M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$1.3M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$27.6M
Sector median$25.3M

Raised more than 82% of sector peers (real $). Modeled value above 53% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #4 of 6.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Shamrock TopCo, LP · Series A Raised $5.9M · modeled $94.7M (est)TMCH Platform Three, LLC · Series A Raised $6.3M · modeled $79.0M (est)Midwest Energy Emissions Corp. · Series A Raised $30.5M · modeled $39.8M (est)Cascade Water Solutions LLC · Series A Raised $11.5M · modeled $24.1M (est)Miraculum, Inc. · Series A Raised $10.2M · modeled $13.1M (est)PegEx, Inc. (this company) Raised $15.3M · modeled $27.6M (est)PegEx, Inc.
CompanyStageRaised · realValue · estvs peer med.
Shamrock TopCo, LPSeries A$5.9M$94.7M2.81×
TMCH Platform Three, LLCSeries A$6.3M$79.0M2.34×
Midwest Energy Emissions Corp.Series A$30.5M$39.8M1.18×
PegEx, Inc. this companySeries A$15.3M$27.6M0.82×
Cascade Water Solutions LLCSeries A$11.5M$24.1M0.72×
Miraculum, Inc.Series A$10.2M$13.1M0.39×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$250K2013-12-24$1.4M$8.4M85%
Pre-Seed$450K2014-09-22$2.5M$15.2M85%
Seed$1.3M2015-02-27$6.5M$35.2M85%
Seed$4.0M2016-03-31$20.0M$108.5M85%
Series A$8.0M2018-04-16$36.5M$177.5M90%
Series A$1.3M2019-07-26$5.7M$27.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$250K2013-12-24
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$450K2014-09-22
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 12 investors on this round.
  3. Seed$1.3M2015-02-27
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 17 investors on this round.
  4. Seed$4.0M2016-03-31
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 2 investors on this round.
  5. Series A$8.0M2018-04-16
    • Raised again after 25 mo — slower than the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 9 investors on this round.
  6. Series A$1.3M2019-07-26
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 6.4× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~13mo cadence
$1.3M
Modeled next size est.range $1.3M$2.0M
0.2×
Last step-up
$2.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Scott A. Smith7 other2014-09
Daniel Einhorn6 other2018-04
Evan Ufer3 other2019-07
Eric Apfelbach2 other2018-04
Jason Weaver2 other2018-04
David Guinther1 other2018-04
Borden Walker2018-04
Daniel A. Einhorn2016-03
David A. Guinther2016-03
Eric A. Lenzen2016-03
Joshua A. McMorrow2013-12
Mark A. Hope2013-12
Mark A. San Fratello2014-09
Tim A. Sherry2014-09
Timothy A. Sherry2015-02
Vincent A. Scheerer2013-12
Wade Maleck2018-04
William A. Molander2013-12
Registry & provenance

PegEx, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1596153
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Langan Engineering, Environmental, Surveying, Landscape Architecture & Geology, D.P.C.Environmental ServicesSeries A$15.2M$16.3Msame sector · same stage
Clear Currents, Inc.Environmental ServicesSeries A$15.0M$34.5Msame sector · same stage
Gwtt Holding Company, LlcEnvironmental ServicesSeries A$14.9M$329.7Msame sector · same stage
GTE Holdings LLCEnvironmental ServicesSeries A$14.7M$5.6Msame sector · same stage
Climate Vault Solutions, Inc.Environmental ServicesSeries A$15.9M$15.6Msame sector · same stage
Integrated Resource Recovery IncEnvironmental ServicesSeries A$14.7M$85.1Msame sector · same stage
BCR Environmental CorpEnvironmental ServicesSeries A$16.1M$132.6Msame sector · same stage
ProAct Services CorpEnvironmental ServicesSeries A$14.3M$314.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Elixsys Inc.Environmental ServicesSeed$60.0M80%
GTE Holdings LLCEnvironmental ServicesSeries A$5.6M80%
BioCrude Technologies USA, Inc.Environmental ServicesSeries B$849.0M79%
Nexo Water Ventures, LLCEnvironmental ServicesSeed$35.8M79%
SCE Environmental Group, inc.Environmental ServicesSeed$59.7M79%
Pegex Holdings, Inc.ComputersPre-Seed$20.5M79%
Rancho Santa Fe Mining, Inc.Environmental ServicesPre-Seed$4.0M78%
Earth RepAIR Global, Inc.Environmental ServicesSeed$8.7M78%
Frequently asked
How much funding has PegEx, Inc. raised?
PegEx, Inc. has raised approximately $15.3M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is PegEx, Inc.'s estimated valuation?
Provath's modeled valuation for PegEx, Inc. is approximately $27.6M (modeled range $1.6M–$150.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is PegEx, Inc. at?
PegEx, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 26.
What does PegEx, Inc. do and where is it based?
PegEx, Inc. operates in the Environmental Services sector, based in FITCHBURG.
Explore related

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