Diligence memo · auto-generated · as of July 3, 2026
CNL Strategic Capital, LLC
CNL Strategic Capital, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
CNL Strategic Capital, LLC operates in Manufacturing, based in ORLANDO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
CNL Strategic Capital, LLC has raised $300M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $200M on 2017-07-01.
Most recent recorded round closed around 2020-07-01.
Valuation (modeled)modeled
Provath models CNL Strategic Capital, LLC at approximately $569M (range $289M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.34× the median modeled value of Series D+ Manufacturing companies in 2019–2021 (14 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 6.0 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 98% of Manufacturing peers (3257 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Nikola Corp, LSF9 Balta Issuer S.a r.l., Motional AD LLC, NotCo Ltd, Workhorse Group Inc..
Peoplefiled
8 named people 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.