Diligence memo · auto-generated · as of July 2, 2026

Cng 2024 Vehicles I, Llc

Cng 2024 Vehicles I, Llc looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Cng 2024 Vehicles I, 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 2024 Vehicles I, Llc has raised $5.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.0M on 2024-03-07.

Most recent recorded round closed around 2024-10-29.

Valuation (modeled)modeled

Provath models Cng 2024 Vehicles I, Llc at approximately $540K (range $157K–$1.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.01× the median modeled value of Series A Energy Conservation companies in 2022–2024 (11 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 8 months.

Last raise 20 mo ago; this sector typically re-raises about every 11 months.

Slightly overdue versus sector cadence.

The last round was 40.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 67% of Energy Conservation peers (254 compared).

Modeled value ranks above 2% of those peers.

Closest niche peers: Energy Exploration Technologies, Inc., Verdigris Technologies, Inc., BIA Controls, Inc., Enteligent Inc., GeoSolar Technologies, Inc..

Peoplefiled

3 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.