Companies · Electric Utilities

Coral Reef EV LLC

Jonestown · Electric Utilities

Diligence memoA one-page analyst read on Coral Reef EV LLC — recommendation, valuation, rhythm, risks.
$465K
Total raised · real
1
Rounds
Latest step-up
Top 90%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Mar 08 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Coral Reef EV LLC has raised $465K over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the utilities sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

At-risk
  • Last raise 2.3 yr ago; this sector typically re-raises about every 10 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

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

Issuer-vehicle patternmedium confidence

Coral Reef EV LLC 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
2.3 yr record
Peak capital year was 2024 with $465K across 1 filings.
Market position
ahead of 11% of Electric Utilities peers
Capital scale is ahead of 11% of Electric Utilities peers; modeled value is above 10% 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 2024: $465K across 1 filings.
  • Largest single filing was $465K on 2024-03-08.
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.
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 Electric Utilities

Coral Reef EV LLC is one of 133 Electric Utilities companies tracked from Jonestown. By capital raised it ranks in the long tail (ahead of 11% 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.

mobility

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2022
Year incorporated
2024-03-08
First sale
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$500K$1.0M$1.5M$2.0MPre-Seed · 2024-03-08 Raised $465K (real) Modeled valuation $1.8M (est)$465K$1.8MPre-Seed2024

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
Pre-Seed$465K · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$1.8M
Base estimate est.
$326K
Conservative case
$6.5M
Upside case
$2.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the utilities sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
32%
Survival probability
13% low · 58% high
1.40×/yr
Annual markup
1.89×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
utilities
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.3 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Electric Utilities. 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) 0.1× of median
This company$465K
Sector median$8.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.0× above median
This company$465K
Sector median$465K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$1.8M
Sector median$39.4M

Raised more than 11% of sector peers (real $). Modeled value above 10% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 companyCohort peer
$100K$1.0M$10.0M$10K$100K$1.0MCapital raised (log)COI Energy Services, Inc. · Pre-Seed Raised $215K · modeled $376K (est)Digital Services Utility Inc · Pre-Seed Raised $100K · modeled $311K (est)Coral Reef EV LLC (this company) Raised $465K · modeled $1.8M (est)Coral Reef EV LLC
CompanyStageRaised · realValue · estvs peer med.
Coral Reef EV LLC this companyPre-Seed$465K$1.8M4.68×
COI Energy Services, Inc.Pre-Seed$215K$376K1.00×
Digital Services Utility IncPre-Seed$100K$311K0.83×
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.
Pre-Seed$465K2024-03-08$2.6M$1.8M90%
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. Pre-Seed$465K2024-03-08
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
Intelligence
Modeled next raise
$744K
Modeled next size est.range $484K$1.2M
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
John Ziss2024-03
Nirav Bisarya2024-03
Registry & provenance

Coral Reef EV LLC 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
2014576
SEC CIK
2022
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
Airgenesis, LLCElectric UtilitiesPre-Seed$400K$5.2Msame sector · same stage
Bid On Energy LlcElectric UtilitiesPre-Seed$600K$875Ksame sector · same stage
Hydro Conduit Energy, LLCElectric UtilitiesPre-Seed$600K$1.1Msame sector · same stage
Spark Thermionics, Inc.Electric UtilitiesPre-Seed$600K$7.7Msame sector · same stage
Inbalance Inc.Electric UtilitiesPre-Seed$665K$8.6Msame sector · same stage
PowerPlay, Inc.Electric UtilitiesPre-Seed$325K$4.2Msame sector · same stage
Sensei Solutions, LLCElectric UtilitiesPre-Seed$300K$3.9Msame sector · same stage
AE Wolfcamp I Investor Inc.Electric UtilitiesPre-Seed$750K$1.7Msame 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
Legacy EV, LLCOther EnergySeed$9.2M79%
EV Dot Energy LtdMobility / LogisticsSeed$9.9M79%
Ev Semi-FleetMobility / LogisticsSeed$10.4M78%
American EV, LLCMobility / LogisticsSeries A$33.5M78%
EV Range IncElectric UtilitiesPre-Seed$1.4M78%
Flux EV, Inc.Mobility / LogisticsSeed$19.4M78%
Ev-Petrol IncMobility / LogisticsSeries A$33.6M77%
Orange EV LLCManufacturingSeries B$267.9M77%
Frequently asked
How much funding has Coral Reef EV LLC raised?
Coral Reef EV LLC has raised approximately $465K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Coral Reef EV LLC's estimated valuation?
Provath's modeled valuation for Coral Reef EV LLC is approximately $1.8M (modeled range $326K–$6.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Coral Reef EV LLC at?
Coral Reef EV LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Mar 08.
What does Coral Reef EV LLC do and where is it based?
Coral Reef EV LLC operates in the Electric Utilities sector, based in Jonestown.
Explore related

See where Coral Reef EV LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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