Companies · Other Energy

E-Nugget North Dakota, LLC

Bismarck · Other Energy

Diligence memoA one-page analyst read on E-Nugget North Dakota, LLC — recommendation, valuation, rhythm, risks.
$1.6M
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 64%
Sector rank · raised
Seed
Latest stage · inferred · Wed Feb 20 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

E-Nugget North Dakota, LLC looks fair against its niche peers and is dormant 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.

Fair
  • Modeled value is 1.07× the median modeled value of Seed Other Energy companies in 2013–2015 (79 peers) — value vs value, same stage and era.
  • Within the normal band (107% of peer median) for its niche.
Dormant
  • Last raise 13.4 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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

Issuer-vehicle patternmedium confidence

E-Nugget North Dakota, 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
13.4 yr record
Peak capital year was 2013 with $3.2M across 2 filings.
Market position
ahead of 37% of Other Energy peers
Capital scale is ahead of 37% of Other Energy peers; modeled value is above 54% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2013: $3.2M across 2 filings.
  • Largest single filing was $1.6M on 2013-02-20.
  • Filing rows sum to $3.2M, while canonical raised total is $1.6M; likely amendments/superseded rows are mixed into the detail view.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

E-Nugget North Dakota, LLC is one of 2049 Other Energy companies tracked from Bismarck. By capital raised it ranks in the long tail (ahead of 37% of sector peers), and mid-pack 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
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$13M$25M$38M$50MSeed · 2013-02-20 Raised $1.6M (real) Modeled valuation $21M (est)$1.6M$21MSeed2013Seed · 2013-02-20 Raised $1.6M (real) Modeled valuation $21M (est)$1.6M$21MSeed2013+$1.6MCumulative $3.2M

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
Seed$1.6M · 2013
Seed extension$1.6M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$20.8M
Base estimate est.
$1.4M
Conservative case
$163.0M
Upside case
$8.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Seed · modeled $20.8M · 2013-02-202013Seed · modeled $20.8M · 2013-02-202013
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.38×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
13.4 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
13.4 yr
On record since
2013
First round
2
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) 0.5× of median
This company$1.6M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.6M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$20.8M
Sector median$17.0M

Raised more than 37% of sector peers (real $). Modeled value above 54% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 company ranks #35 of 79.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Erie Power LLC · Seed Raised $4.0M · modeled $51.9M (est)RTO Energy Trading Holdings, LLC · Seed Raised $4.0M · modeled $51.5M (est)Quantum Energy Storage Corp · Seed Raised $7.0M · modeled $50.8M (est)Demand Energy Networks Inc. · Seed Raised $6.5M · modeled $49.8M (est)Convergent Energy & Power Inc. · Seed Raised $3.8M · modeled $49.6M (est)Lake Charles Holdings, LLC · Seed Raised $3.5M · modeled $45.4M (est)EquityMetrix, LLC · Seed Raised $3.5M · modeled $45.4M (est)Gulf Shore Energy Holdings, LP · Seed Raised $3.3M · modeled $42.2M (est)Blue Marble Energy Corp · Seed Raised $5.1M · modeled $41.9M (est)Enduring Hydro,LLC · Seed Raised $3.2M · modeled $41.3M (est)Funeral Services, Inc. · Seed Raised $3.2M · modeled $40.9M (est)Kawa RETC 1, LLC · Seed Raised $3.1M · modeled $40.2M (est)E-Nugget North Dakota, LLC (this company) Raised $1.6M · modeled $20.8M (est)E-Nugget North Dakota, LLC
CompanyStageRaised · realValue · estvs peer med.
Erie Power LLCSeed$4.0M$51.9M2.67×
RTO Energy Trading Holdings, LLCSeed$4.0M$51.5M2.64×
Quantum Energy Storage CorpSeed$7.0M$50.8M2.61×
Demand Energy Networks Inc.Seed$6.5M$49.8M2.56×
Convergent Energy & Power Inc.Seed$3.8M$49.6M2.55×
Lake Charles Holdings, LLCSeed$3.5M$45.4M2.33×
EquityMetrix, LLCSeed$3.5M$45.4M2.33×
Gulf Shore Energy Holdings, LPSeed$3.3M$42.2M2.17×
Blue Marble Energy CorpSeed$5.1M$41.9M2.15×
Enduring Hydro,LLCSeed$3.2M$41.3M2.12×
Funeral Services, Inc.Seed$3.2M$40.9M2.10×
Kawa RETC 1, LLCSeed$3.1M$40.2M2.07×
E-Nugget North Dakota, LLC this companySeed$1.6M$20.8M1.07×
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.
Seed$1.6M2013-02-20$8.0M$20.8M90%
Seed$1.6M2013-02-20$8.0M$20.8M90%
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. Seed$1.6M2013-02-20
    • First recorded raise — entered as Seed.
  2. Seed$1.6M2013-02-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
Modeled next raise
$1.6M
Modeled next size est.range $1.6M$2.6M
1.0×
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
Susan M. Gendreau2 other2013-02
John J. Simmons1 other2013-02
N/a Carbontec Energy Corporation2013-02
Registry & provenance

E-Nugget North Dakota, 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
1571460
SEC CIK
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
E-Nugget Minnesota, LLCOther EnergySeed$1.1M$14.3Mnetwork1 shared operator · same sector · same stage
Bakken Frontier, LLCOther EnergySeries A$6.4M$6.5Mnetwork2 shared operators · same sector
CSES Group, Inc.Other EnergySeed$1.6M$20.8Msame sector · same stage
NPC Investors I, LLCOther EnergySeed$1.6M$20.8Msame sector · same stage
Solea Energy, LLCOther EnergySeed$1.6M$20.8Msame sector · same stage
Pacific Volt Inc.Other EnergySeed$1.6M$20.7Msame sector · same stage
Blue Cloud Renewable Energy Project, LLCOther EnergySeed$1.6M$20.9Msame sector · same stage
Framergy, Inc.Other EnergySeed$1.6M$20.6Msame sector · same stage
Frequently asked
How much funding has E-Nugget North Dakota, LLC raised?
E-Nugget North Dakota, LLC has raised approximately $1.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is E-Nugget North Dakota, LLC's estimated valuation?
Provath's modeled valuation for E-Nugget North Dakota, LLC is approximately $20.8M (modeled range $1.4M–$163.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is E-Nugget North Dakota, LLC at?
E-Nugget North Dakota, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Feb 20.
What does E-Nugget North Dakota, LLC do and where is it based?
E-Nugget North Dakota, LLC operates in the Other Energy sector, based in Bismarck.
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