Diligence memo · auto-generated · as of July 2, 2026
204 Coal LLC
204 Coal LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
204 Coal LLC operates in Coal Mining, based in WASHINGTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
204 Coal LLC has raised $6.7M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.7M on 2022-11-21.
Most recent recorded round closed around 2022-11-21.
Valuation (modeled)modeled
Provath models 204 Coal LLC at approximately $21M (range $8.7M–$66M). 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 A Coal Mining companies in 2022–2024 (7 peers) — value vs value, same stage and era. Within the normal band (95% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 3.6 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 49% of Coal Mining peers (76 compared).
Modeled value ranks above 54% of those peers.
Closest niche peers: 203 Coal LLC, 605 Coal LLC, Quinwood Coal Company, LLC, 404 Coal, LLC, K-Island Resources, LLC.
Peoplefiled
1 named person 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.