Companies · Other Energy

CO2/Split, Inc.

EADS · Other Energy

Diligence memoA one-page analyst read on CO2/Split, Inc. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
Latest step-up
Top 61%
Sector rank · raised
Seed
Latest stage · inferred · Fri Aug 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

CO2/Split, Inc. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy 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 0.85× the median modeled value of Seed Other Energy companies in 2022–2024 (73 peers) — value vs value, same stage and era.
  • Within the normal band (85% of peer median) for its niche.
Quiet
  • Last raise 22 mo ago; this sector typically re-raises about every 12 months.
  • Slightly overdue versus sector cadence.
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 Other Energy

CO2/Split, Inc. is one of 2048 Other Energy companies tracked from EADS. By capital raised it ranks mid-pack (ahead of 40% of sector peers), and in the long tail 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
Rule 506(b)
Reg D exemption
2024
Year incorporated
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$2.5M$5.0M$7.5M$10MSeed · 2024-08-30 Raised $2.0M (real) Modeled valuation $6.8M (est)$2.0M$6.8MSeed2024

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$2.0M · 2024

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
$6.8M
Base estimate est.
$1.7M
Conservative case
$17.4M
Upside case
$10.0M
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 energy 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.
38%
Survival probability
17% low · 59% high
1.38×/yr
Annual markup
1.80×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
1.8 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2048 companies in Other Energy. 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) 0.6× of median
This company$2.0M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$6.8M
Sector median$17.0M

Raised more than 40% of sector peers (real $). Modeled value above 31% 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 #48 of 73.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Mes Investors, Llc · Seed Raised $3.5M · modeled $24.0M (est)Zero Emission Industries, Inc. · Seed Raised $3.7M · modeled $24.0M (est)IntriEnergy, Inc. · Seed Raised $4.0M · modeled $22.4M (est)Quino Energy, Inc. · Seed Raised $3.4M · modeled $22.0M (est)GeoGenCo USA LLC · Seed Raised $2.6M · modeled $18.7M (est)AmmPower Corp. · Seed Raised $2.4M · modeled $18.2M (est)Nikola Power Corp · Seed Raised $2.8M · modeled $18.1M (est)Texas Green Energy, LLC · Seed Raised $3.4M · modeled $17.1M (est)Oodles Energy, Inc. · Seed Raised $3.2M · modeled $16.4M (est)Conquer AP4, LLC · Seed Raised $4.0M · modeled $15.7M (est)Source Energy Co · Seed Raised $4.2M · modeled $15.5M (est)Pan American Energy Corp. (Canada) · Seed Raised $8.7M · modeled $15.4M (est)CO2/Split, Inc. (this company) Raised $2.0M · modeled $6.8M (est)CO2/Split, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mes Investors, LlcSeed$3.5M$24.0M2.96×
Zero Emission Industries, Inc.Seed$3.7M$24.0M2.96×
IntriEnergy, Inc.Seed$4.0M$22.4M2.77×
Quino Energy, Inc.Seed$3.4M$22.0M2.72×
GeoGenCo USA LLCSeed$2.6M$18.7M2.31×
AmmPower Corp.Seed$2.4M$18.2M2.26×
Nikola Power CorpSeed$2.8M$18.1M2.24×
Texas Green Energy, LLCSeed$3.4M$17.1M2.11×
Oodles Energy, Inc.Seed$3.2M$16.4M2.03×
Conquer AP4, LLCSeed$4.0M$15.7M1.94×
Source Energy CoSeed$4.2M$15.5M1.92×
Pan American Energy Corp. (Canada)Seed$8.7M$15.4M1.91×
CO2/Split, Inc. this companySeed$2.0M$6.8M0.85×
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$2.0M2024-08-30$10.0M$6.8M90%
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$2.0M2024-08-30
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$3.2M
Modeled next size est.range $2.1M$5.1M
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
Bradley Larschan1 other2024-08
Ericka Wojack1 other2024-08
Philip Van Wormer1 other2024-08
Andrew Knott2024-08
Registry & provenance

CO2/Split, Inc. 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
2035714
SEC CIK
2024
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
Avadain, Inc.ManufacturingSeed$2.1M$6.8Mnetwork3 shared operators · same stage
Algae Energae Of South Carolina, LlcOther EnergySeed$2.0M$3.8Msame sector · same stage
BlueRock Energy Holdings IncOther EnergySeed$2.0M$6.5Msame sector · same stage
Causam Energy, Inc.Other EnergySeed$2.0M$3.8Msame sector · same stage
Lifecycle Renewables, Inc.Other EnergySeed$2.0M$3.8Msame sector · same stage
Lincoln Heights Wind Holdings, LLCOther EnergySeed$2.0M$3.8Msame sector · same stage
Nevada Solar First Td, LlcOther EnergySeed$2.0M$3.8Msame sector · same stage
Oak Square Development II, LLCOther EnergySeed$2.0M$7.8Msame sector · same stage
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
CO2 Neutral, Inc.OtherSeed$15.7M85%
Cig Cs2, LlcOther EnergySeries B$79.8M85%
e2 Companies LLCOther EnergySeries B$157.9M85%
Energy CX, LLCOther EnergySeed$5.4M84%
e2Companies LLCOther EnergySeries C$557.0M84%
K2 Energy Solutions, Inc.Other EnergySeed$15.6M84%
Arrowpoint Energy, LLCOther EnergySeed$10.8M84%
Coal Conversion Ventures, LLCOther EnergySeries D+$4.8B84%
Frequently asked
How much funding has CO2/Split, Inc. raised?
CO2/Split, Inc. has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is CO2/Split, Inc.'s estimated valuation?
Provath's modeled valuation for CO2/Split, Inc. is approximately $6.8M (modeled range $1.7M–$17.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is CO2/Split, Inc. at?
CO2/Split, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Aug 30.
What does CO2/Split, Inc. do and where is it based?
CO2/Split, Inc. operates in the Other Energy sector, based in EADS.
Explore related

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