Diligence memo · auto-generated · as of July 2, 2026
Desert Newco, LLC
Desert Newco, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Desert Newco, LLC operates in Other, based in SCOTTSDALE.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Desert Newco, LLC has raised $180M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $167M on 2011-12-16.
Most recent recorded round closed around 2013-08-22.
Valuation (modeled)modeled
Provath models Desert Newco, LLC at approximately $225M (range $74M–$493M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.08× the median modeled value of Series D+ Other companies in 2013–2015 (90 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 20 months.
Last raise 12.9 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 12.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Other peers (25015 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Campaign Monitor Holdings (UK) Ltd, Tomahawk Holdings, Inc., Cornell Capital Special Situations Partners II LP, Liberty Resources II, LLC, Resolute Investment Holdings, LLC.
Peoplefiled
16 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.