Diligence memo · auto-generated · as of July 2, 2026
Belt Power Parent, LLC
Belt Power Parent, LLC looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Belt Power Parent, LLC operates in Energy / Climate, based in DENVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Belt Power Parent, LLC has raised $23M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $23M on 2024-06-11.
Most recent recorded round closed around 2024-06-11.
Valuation (modeled)modeled
Provath models Belt Power Parent, LLC at approximately $129M (range $53M–$233M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.93× the median modeled value of Series B Energy / Climate companies in 2022–2024 (10 peers) — value vs value, same stage and era. Within the normal band (93% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 2.1 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 85% of Energy / Climate peers (235 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: Rondo Energy, Inc., Noon Energy Inc., Monarch Power Inc., Power Only Transit, Inc., Coelacanth Energy Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.