Companies · Other Energy

Convergent Energy & Power LP

NEW YORK · Other Energy

Diligence memoA one-page analyst read on Convergent Energy & Power LP — recommendation, valuation, rhythm, risks.→
$9.0M
Total raised · real
1
Rounds
—
Latest step-up
Top 34%
Sector rank · raised
Series A
Latest stage · inferred · Tue May 24 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Convergent Energy & Power LP looks over-valued against its niche peers and is dormant 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.

Over-valued
  • Modeled value is 1.50× the median modeled value of Series A Other Energy companies in 2016–2018 (47 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.1 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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

Issuer-vehicle patternmedium confidence

Convergent Energy & Power LP 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
10.4 yr record
Peak capital year was 2016 with $9.0M across 1 filings.
Market position
ahead of 67% of Other Energy peers
Capital scale is ahead of 67% of Other Energy peers; modeled value is above 82% 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 2016: $9.0M across 1 filings.
  • Largest single filing was $9.0M on 2016-05-24.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Convergent Energy & Power LP is one of 2049 Other Energy companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 67% of sector peers), and in the upper tier 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
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$25M$50M$75M$100MSeries A · 2016-05-24 Raised $9.0M (real) Modeled valuation $95M (est)$9.0M$95MSeries A2016

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
Series A$9.0M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$95.1M
Base estimate est.
$11.7M
Conservative case
$517.2M
Upside case
$40.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M 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
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.28×/yr
Annual markup
1.61×/yr upside case
6.0 yr
Elapsed time used
10.1 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
10.4 yr
On record since
2016
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2049 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)▲ 2.6× above median
This company$9.0M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage)▲ 1.6× above median
This company$9.0M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages)▲ 5.6× above median
This company$95.1M
Sector median$17.0M

Raised more than 67% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #12 of 47.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Depcom Power, Inc. · Series A Raised $20.4M · modeled $158.5M (est)Ubiquitous Energy, Inc. · Series A Raised $22.0M · modeled $158.5M (est)CleanCapital Portfolio 1, LLC · Series A Raised $14.0M · modeled $147.9M (est)FINsix Corp · Series A Raised $31.2M · modeled $143.6M (est)King River Royalties, LLC · Series A Raised $13.3M · modeled $140.6M (est)Delta Sand Investors, LLC · Series A Raised $13.3M · modeled $140.1M (est)Potash Ridge Corp · Series A Raised $12.2M · modeled $124.3M (est)IA Energy Corp. · Series A Raised $21.0M · modeled $116.3M (est)Real Goods Solar, Inc. · Series A Raised $48.9M · modeled $113.6M (est)Canadian River Royalties, LLC · Series A Raised $10.4M · modeled $110.4M (est)Zero Point Energy, LLC · Series A Raised $10.0M · modeled $105.7M (est)Convergent Energy & Power LP (this company) Raised $9.0M · modeled $95.1M (est)Convergent Energy & Power LP
CompanyStageRaised · realValue · estvs peer med.
Depcom Power, Inc.Series A$20.4M$158.5M2.50×
Ubiquitous Energy, Inc.Series A$22.0M$158.5M2.50×
CleanCapital Portfolio 1, LLCSeries A$14.0M$147.9M2.33×
FINsix CorpSeries A$31.2M$143.6M2.26×
King River Royalties, LLCSeries A$13.3M$140.6M2.22×
Delta Sand Investors, LLCSeries A$13.3M$140.1M2.21×
Potash Ridge CorpSeries A$12.2M$124.3M1.96×
IA Energy Corp.Series A$21.0M$116.3M1.83×
Real Goods Solar, Inc.Series A$48.9M$113.6M1.79×
Canadian River Royalties, LLCSeries A$10.4M$110.4M1.74×
Zero Point Energy, LLCSeries A$10.0M$105.7M1.67×
Convergent Energy & Power LP this companySeries A$9.0M$95.1M1.50×
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.
Series A$9.0M2016-05-24$40.9M$95.1M90%
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. Series A$9.0M2016-05-24
    • First recorded raise — entered as Series A.
Intelligence
—
Modeled next raise
$14.4M
Modeled next size est.range $9.4M–$23.0M
—
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
Michael Oster—5 other2016-05
Richard Wood—4 other2016-05
Steve Hellman—3 other2016-05
Ilan Rubinstein—1 other2016-05
Johannes Rittershausen—1 other2016-05
Bryan R. Lawrence——2016-05
Chris R. Streeter——2016-05
Frank R. Genova——2016-05
Robert Rubinstein——2016-05
Registry & provenance

Convergent Energy & Power LP 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
1676865
SEC CIK
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
Convergent Energy & Power Inc.Other EnergySeed$3.8M$49.6Mnetwork5 shared operators · same sector
Enernet Global Inc.Other EnergySeries A$6.5M$65.8Mnetwork1 shared operator · same sector · same stage
Energy Asset Development LLCOther EnergySeed$4.3M$19.4Mnetwork2 shared operators · same sector
Eos Energy Storage LLCOther EnergySeries B$43.7M$257.9Mnetwork2 shared operators · same sector
CE Acquisition Co., LLCOther EnergySeries A$9.0M$95.1Msame sector · same stage
Texas Green Energy QP, LLCOther EnergySeries A$9.1M$45.5Msame sector · same stage
EverCharge, Inc.Other EnergySeries A$9.1M$63.4Msame sector · same stage
Solar Universe, Inc.Other EnergySeries A$8.9M$49.5Msame sector · same stage
Frequently asked
How much funding has Convergent Energy & Power LP raised?
Convergent Energy & Power LP has raised approximately $9.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Convergent Energy & Power LP's estimated valuation?
Provath's modeled valuation for Convergent Energy & Power LP is approximately $95.1M (modeled range $11.7M–$517.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Convergent Energy & Power LP at?
Convergent Energy & Power LP's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue May 24.
What does Convergent Energy & Power LP do and where is it based?
Convergent Energy & Power LP operates in the Other Energy sector, based in NEW YORK.
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