Diligence memo · auto-generated · as of July 2, 2026
Synodon Inc.
Synodon Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Synodon Inc. operates in Environmental Services, based in EDMONTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Synodon Inc. has raised $493K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $329K on 2015-12-11.
Most recent recorded round closed around 2015-12-11.
Valuation (modeled)modeled
Provath models Synodon Inc. at approximately $11M (range $202K–$126M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.50× the median modeled value of Pre-Seed Environmental Services companies in 2013–2015 (19 peers) — value vs value, same stage and era. Within the normal band (150% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 10.6 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 20% of Environmental Services peers (242 compared).
Modeled value ranks above 32% of those peers.
Closest niche peers: Safe-h2o Inc, National Waste Energy Corp., MindClick Global, Inc., Saltwater Reclamation Fund I, LLC, Bison Group LLC.
Peoplefiled
7 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.