Diligence memo · auto-generated · as of July 2, 2026
XChanger Companies, Inc.
XChanger Companies, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
XChanger Companies, Inc. operates in Energy Conservation, based in ANNAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
XChanger Companies, Inc. has raised $350K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $350K on 2009-08-03.
Most recent recorded round closed around 2009-08-03.
Valuation (modeled)modeled
Provath models XChanger Companies, Inc. at approximately $12M (range $215K–$134M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.12× the median modeled value of Pre-Seed Energy Conservation companies in 2007–2009 (12 peers) — value vs value, same stage and era. Within the normal band (112% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 16.9 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 17% of Energy Conservation peers (254 compared).
Modeled value ranks above 39% of those peers.
Closest niche peers: Global Sun Partners Lp, Tri-Phase Drying Technologies, LLC, Turbulent Burners Inc., Turbulent Energy Inc., Turbulent Combustion LLC.
Peoplefiled
2 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.