Companies · Other Energy

Cyclum Renewables, LLC

Cornelius · Other Energy

Diligence memoA one-page analyst read on Cyclum Renewables, LLC — recommendation, valuation, rhythm, risks.
$50.9M
Total raised · real
2
Rounds
8.5×
Latest step-up
Top 11%
Sector rank · raised
Series C
Latest stage · inferred · Fri Dec 22 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Cyclum Renewables, LLC looks under-valued against its niche peers and is at-risk 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.

Under-valued
  • Modeled value is 0.02× the median modeled value of Series C Other Energy companies in 2022–2024 (26 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 12 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

Cyclum Renewables, 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
4.6 yr record
Peak capital year was 2021 with $50.0M across 1 filings.
Market position
ahead of 90% of Other Energy peers
Capital scale is ahead of 90% of Other Energy peers; modeled value is above 28% 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 2021: $50.0M across 1 filings.
  • Largest single filing was $50.0M on 2021-12-01.
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 Other Energy

Cyclum Renewables, LLC is one of 2049 Other Energy companies tracked from Cornelius. By capital raised it ranks among the largest (ahead of 90% 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
7
Investors (latest)
2019
Year incorporated
2023-12-22
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$125M$250M$375M$500MSeries C · 2021-12-01 Raised $50M (real) Modeled valuation $486M (est)$50M$486MSeries C2021Series C · 2023-12-22 Raised $850K (real) Modeled valuation $6.1M (est)$850K$6.1MSeries C2023Pre-Seed · 2023-12-22 Raised $100K (real) Modeled valuation $421K (est)$100K$421KPre-Seed2023Pre-Seed · 2023-12-22 Raised $850K (real) Modeled valuation $3.6M (est)$850K$3.6MPre-Seed2023+$850K+$100K+$850KCumulative $52M

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 C$50.0M · 2021
Series C extension$850K · 2023
Bridge · Series C-stage$100K · 2023smaller follow-on
Bridge · Series C-stage$850K · 2023smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$6.1M
Base estimate est.
$3.1M
Conservative case
$10.0M
Upside case
$5.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series C · modeled $485.7M · 2021-12-012021Series C · modeled $6.1M · 2023-12-22Pre-Seed · modeled $421K · 2023-12-22Pre-Seed · modeled $3.6M · 2023-12-222023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.16×/yr
Annual markup
1.33×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$24.7M/yr
Capital velocity
4.6 yr
On record since
2021
First round
4
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) 15× above median
This company$50.9M
Sector median$3.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$850K
Sector median$47.0M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$6.1M
Sector median$17.0M

Raised more than 90% of sector peers (real $). Modeled value above 28% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #25 of 26.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Easy Energy Finance, Inc. · Series C Raised $100.0M · modeled $879.9M (est)Novasource Power Holdings, Inc. · Series C Raised $100.0M · modeled $877.8M (est)UM Capital LLC · Series C Raised $100.0M · modeled $653.9M (est)KORE Power, Inc. · Series C Raised $75.1M · modeled $630.3M (est)Gac Ii, Llc · Series C Raised $100.0M · modeled $626.2M (est)Dandelion Energy, Inc. · Series C Raised $133.8M · modeled $616.8M (est)e2Companies LLC · Series C Raised $61.2M · modeled $557.2M (est)Faro Energy Holdings LLC · Series C Raised $55.6M · modeled $482.8M (est)TerraVolta Resources, LLC · Series C Raised $53.2M · modeled $423.0M (est)Poulterra Inc. · Series C Raised $50.0M · modeled $412.3M (est)SMG Industries Inc. · Series C Raised $59.0M · modeled $402.5M (est)FastCAP Systems Corp · Series C Raised $109.1M · modeled $347.9M (est)Cyclum Renewables, LLC (this company) Raised $50.9M · modeled $6.1M (est)Cyclum Renewables, LLC
CompanyStageRaised · realValue · estvs peer med.
Easy Energy Finance, Inc.Series C$100.0M$879.9M2.61×
Novasource Power Holdings, Inc.Series C$100.0M$877.8M2.60×
UM Capital LLCSeries C$100.0M$653.9M1.94×
KORE Power, Inc.Series C$75.1M$630.3M1.87×
Gac Ii, LlcSeries C$100.0M$626.2M1.86×
Dandelion Energy, Inc.Series C$133.8M$616.8M1.83×
e2Companies LLCSeries C$61.2M$557.2M1.65×
Faro Energy Holdings LLCSeries C$55.6M$482.8M1.43×
TerraVolta Resources, LLCSeries C$53.2M$423.0M1.25×
Poulterra Inc.Series C$50.0M$412.3M1.22×
SMG Industries Inc.Series C$59.0M$402.5M1.19×
FastCAP Systems CorpSeries C$109.1M$347.9M1.03×
Cyclum Renewables, LLC this companySeries C$50.9M$6.1M0.02×
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 C$50.0M2021-12-01$333.3M$485.7M90%
Series C$850K2023-12-22$5.7M$6.1M90%
Pre-Seed$100K2023-12-22$556K$421K90%
Pre-Seed$850K2023-12-22$4.7M$3.6M90%
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 C$50.0M2021-12-01
    • First recorded raise — entered as Series C.
  2. Series C$850K2023-12-22
    • Raised again after 25 mo — slower than the ~12 mo sector norm.
    • Round 58.8× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  3. Pre-Seed$100K2023-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Pre-Seed$850K2023-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 8.5× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2024 ~Q3
Modeled next raise · ~8mo cadence
$2.5M
Modeled next size est.range $1.7M$4.1M
8.5×
Last step-up
$24.7M/yr
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
Jim Crouse1 other2023-12
Brian Profitt2023-12
Doug Geubelle2023-12
Elizabeth Atlee2023-12
Olga Lee2021-12
Pat O'Hagan2023-12
Polly Flinn2023-12
Ramakanta Bhattacharjee2023-12
Randi Craig2023-12
Shaun Lee2021-12
Tony Pinkney2023-12
Registry & provenance

Cyclum Renewables, 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
1895404
SEC CIK
2019
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
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InEnTec Inc.Other EnergySeries B$83.6M$6.4Msame sector
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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
Arena Renewables, LLCOther EnergyPre-Seed$2.5M87%
CS Renewables, Inc.Other EnergyPre-Seed$4.4M87%
SolarCommunities, Inc.Other EnergySeed$13.2M87%
TC Energy Group, LLCOther EnergyPre-Seed$2.5M87%
Azure Sustainable Fuels CorpOther EnergyPre-Seed$820K86%
Sirius Energy Group Inc.Other EnergySeries A$35.1M86%
Energy CX, LLCOther EnergySeed$5.4M86%
Syrcuit Energy Solutions, Inc.Other EnergySeries A$20.2M86%
Frequently asked
How much funding has Cyclum Renewables, LLC raised?
Cyclum Renewables, LLC has raised approximately $50.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Cyclum Renewables, LLC's estimated valuation?
Provath's modeled valuation for Cyclum Renewables, LLC is approximately $6.1M (modeled range $3.1M–$10.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cyclum Renewables, LLC at?
Cyclum Renewables, LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Dec 22.
What does Cyclum Renewables, LLC do and where is it based?
Cyclum Renewables, LLC operates in the Other Energy sector, based in Cornelius.
Explore related

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