Companies · Energy Conservation

Cng 2023 Stations, Llc

OKLAHOMA CITY · Energy Conservation

Diligence memoA one-page analyst read on Cng 2023 Stations, Llc — recommendation, valuation, rhythm, risks.
$2.8M
Total raised · real
1
Rounds
Latest step-up
Top 48%
Sector rank · raised
Seed
Latest stage · inferred · Thu Dec 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Cng 2023 Stations, Llc looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Seed Energy Conservation companies in 2022–2024 (11 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
At-risk
  • Last raise 2.5 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.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Cng 2023 Stations, Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
2.5 yr record
Peak capital year was 2023 with $2.8M across 1 filings.
Market position
ahead of 53% of Energy Conservation peers
Capital scale is ahead of 53% of Energy Conservation peers; modeled value is above 43% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $2.8M across 1 filings.
  • Largest single filing was $2.8M on 2023-12-28.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Energy Conservation

Cng 2023 Stations, Llc is one of 254 Energy Conservation companies tracked from OKLAHOMA CITY. By capital raised it ranks mid-pack (ahead of 53% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
8
Investors (latest)
2023
Year incorporated
2023-12-28
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeed · 2023-12-28 Raised $2.8M (real) Modeled valuation $16M (est)$2.8M$16MSeed2023

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.8M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$15.7M
Base estimate est.
$2.3M
Conservative case
$47.8M
Upside case
$13.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
37%
Survival probability
17% low · 57% high
1.57×/yr
Annual markup
2.05×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.5 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 254 companies in Energy Conservation. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.1× above median
This company$2.8M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.8× above median
This company$2.8M
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$15.7M
Sector median$27.1M

Raised more than 53% of sector peers (real $). Modeled value above 43% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #6 of 11.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Powder Watts LLC · Seed Raised $2.5M · modeled $30.9M (est)Karbon-X Corp. · Seed Raised $4.3M · modeled $20.2M (est)Maplewell Inc. · Seed Raised $1.8M · modeled $18.6M (est)Cng 2023 Vehicles Iii, Llc · Seed Raised $3.1M · modeled $18.1M (est)60Hertz Inc · Seed Raised $4.5M · modeled $16.7M (est)Copper Labs, Inc · Seed Raised $8.6M · modeled $8.1M (est)Cedara Inc. · Seed Raised $4.1M · modeled $7.7M (est)Cng 2024 Stations I, Llc · Seed Raised $1.5M · modeled $7.6M (est)Energy Wall, LLC · Seed Raised $8.6M · modeled $7.3M (est)Sun FundED, LLC · Seed Raised $1.8M · modeled $3.6M (est)Cng 2023 Stations, Llc (this company) Raised $2.8M · modeled $15.7M (est)Cng 2023 Stations, Llc
CompanyStageRaised · realValue · estvs peer med.
Powder Watts LLCSeed$2.5M$30.9M1.97×
Karbon-X Corp.Seed$4.3M$20.2M1.29×
Maplewell Inc.Seed$1.8M$18.6M1.19×
Cng 2023 Vehicles Iii, LlcSeed$3.1M$18.1M1.15×
60Hertz IncSeed$4.5M$16.7M1.07×
Cng 2023 Stations, Llc this companySeed$2.8M$15.7M1.00×
Copper Labs, IncSeed$8.6M$8.1M0.52×
Cedara Inc.Seed$4.1M$7.7M0.49×
Cng 2024 Stations I, LlcSeed$1.5M$7.6M0.49×
Energy Wall, LLCSeed$8.6M$7.3M0.46×
Sun FundED, LLCSeed$1.8M$3.6M0.23×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.8M2023-12-28$13.8M$15.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.8M2023-12-28
    • First recorded raise — entered as Seed.
    • 8 investors on this round.
Intelligence
Modeled next raise
$4.4M
Modeled next size est.range $2.9M$7.1M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Donald L. Dillingham25 other2023-12
Mark A. Robertson25 other2023-12
Registry & provenance

Cng 2023 Stations, Llc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2005669
SEC CIK
2023
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Cng 2023 Vehicles Iii, LlcEnergy ConservationSeed$3.1M$18.1Mnetwork2 shared operators · same sector · same stage
Cng Master Bus, LlcEnergy ConservationSeed$3.3M$83.1Mnetwork2 shared operators · same sector · same stage
Cng 2024 Stations I, LlcEnergy ConservationSeed$1.5M$7.6Mnetwork2 shared operators · same sector · same stage
Cng 2021 B&H Trucks, LlcEnergy ConservationSeries A$4.2M$54.8Mnetwork2 shared operators · same sector
Cng 2024 Vehicles I, LlcEnergy ConservationSeries A$5.1M$540Knetwork2 shared operators · same sector
Cng 2021 Lindsay, LlcEnergy ConservationPre-Seed$920K$17.0Mnetwork2 shared operators · same sector
Cng 2021 Blanchard, LlcEnergy ConservationPre-Seed$870K$13.7Mnetwork2 shared operators · same sector
Cng 2021 Newcastle, LlcEnergy ConservationPre-Seed$870K$13.6Mnetwork2 shared operators · same sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Cng 2022 Cnt Stations, LlcEnergy ConservationPre-Seed$1.8M97%
Cng 2024 Stations Ii, LlcEnergy ConservationPre-Seed$855K96%
Cng 2024 Stations I, LlcEnergy ConservationSeed$7.6M96%
Cng 2023 Vehicles, LlcEnergy ConservationPre-Seed$6.8M92%
Cng 2024 Aps Station, LlcEnergy ConservationPre-Seed$627K92%
Cng 2023 Vehicles Iii, LlcEnergy ConservationSeed$18.1M91%
Cng 2024 Habitat Station, LlcEnergy ConservationPre-Seed$810K91%
Cng 2023 Vehicles Iv, LlcEnergy ConservationPre-Seed$2.9M90%
Frequently asked
How much funding has Cng 2023 Stations, Llc raised?
Cng 2023 Stations, Llc has raised approximately $2.8M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Cng 2023 Stations, Llc's estimated valuation?
Provath's modeled valuation for Cng 2023 Stations, Llc is approximately $15.7M (modeled range $2.3M–$47.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cng 2023 Stations, Llc at?
Cng 2023 Stations, Llc's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Dec 28.
What does Cng 2023 Stations, Llc do and where is it based?
Cng 2023 Stations, Llc operates in the Energy Conservation sector, based in OKLAHOMA CITY.
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