Diligence memo · auto-generated · as of July 2, 2026
Sustainx Inc
Sustainx Inc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Sustainx Inc operates in Other Energy, based in WEST LEBANON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Sustainx Inc has raised $38M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $20M on 2011-03-01.
Most recent recorded round closed around 2011-03-01.
Valuation (modeled)modeled
Provath models Sustainx Inc at approximately $232M (range $48M–$893M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.95× the median modeled value of Series B Other Energy companies in 2010–2012 (28 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 15.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 88% of Other Energy peers (2049 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Nexlube Operating Llc, OPX Biotechnologies Inc, Boulder Wind Power, Inc., Solar Power, Inc., Nexant, Inc.
Peoplefiled
9 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.