Diligence memo · auto-generated · as of July 2, 2026

Cowboy Clean Fuels, Llc

Cowboy Clean Fuels, Llc looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Cowboy Clean Fuels, Llc operates in Other Energy, based in GREENWOOD VILLAGE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Cowboy Clean Fuels, Llc has raised $29M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $13M on 2024-05-03.

Most recent recorded round closed around 2025-07-29.

Valuation (modeled)modeled

Provath models Cowboy Clean Fuels, Llc at approximately $13M (range $5.6M–$22M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.66× the median modeled value of Series A Other Energy companies in 2025–2027 (43 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 4 months.

Last raise 11 mo ago; this sector typically re-raises about every 12 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 3.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 85% of Other Energy peers (2049 compared).

Modeled value ranks above 43% of those peers.

Closest niche peers: Industrial Biomass Group LLC, Hixwood CFS Partners, LLC, Endolith Inc., Sora Fuel Corp, Sapphire Technologies, Inc..

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.