Diligence memo · auto-generated · as of July 2, 2026
PegEx, Inc.
PegEx, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
PegEx, Inc. operates in Environmental Services, based in FITCHBURG.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
PegEx, Inc. has raised $15M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.0M on 2018-04-16.
Most recent recorded round closed around 2019-07-26.
Valuation (modeled)modeled
Provath models PegEx, Inc. at approximately $28M (range $1.6M–$150M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 6.9 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 6.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 82% of Environmental Services peers (242 compared).
Modeled value ranks above 53% of those peers.
Closest niche peers: Shamrock TopCo, LP, TMCH Platform Three, LLC, Midwest Energy Emissions Corp., Cascade Water Solutions LLC, Miraculum, Inc..
Peoplefiled
18 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.