Diligence memo · auto-generated · as of July 2, 2026
Coral Reef EV LLC
Coral Reef EV LLC has raised $465K over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Coral Reef EV LLC operates in Electric Utilities, based in Jonestown.
Sub-sector tags: mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Coral Reef EV LLC has raised $465K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $465K on 2024-03-08.
Most recent recorded round closed around 2024-03-08.
Valuation (modeled)modeled
Provath models Coral Reef EV LLC at approximately $1.8M (range $326K–$6.5M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 11% of Electric Utilities peers (133 compared).
Modeled value ranks above 10% of those peers.
Closest niche peers: COI Energy Services, Inc., Digital Services Utility Inc.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.