Diligence memo · auto-generated · as of July 3, 2026

Cng 2023 Stations, Llc

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

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Cng 2023 Stations, Llc operates in Energy Conservation, based in OKLAHOMA CITY.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Cng 2023 Stations, Llc has raised $2.8M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.8M on 2023-12-28.

Most recent recorded round closed around 2023-12-28.

Valuation (modeled)modeled

Provath models Cng 2023 Stations, Llc at approximately $16M (range $2.3M–$48M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: 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.

Financing rhythm & timingmixed

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.

Comparablesmixed

Capital scale ranks ahead of 53% of Energy Conservation peers (254 compared).

Modeled value ranks above 43% of those peers.

Closest niche peers: Powder Watts LLC, Karbon-X Corp., Maplewell Inc., Cng 2023 Vehicles Iii, Llc, 60Hertz Inc.

Peoplefiled

2 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.