Diligence memo · auto-generated · as of July 3, 2026
Ernest Energy, Inc.
Ernest Energy, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Ernest Energy, Inc. operates in Energy / Climate, based in MIAMI.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ernest Energy, Inc. has raised $20M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $13M on 2024-01-02.
Most recent recorded round closed around 2024-01-02.
Valuation (modeled)modeled
Provath models Ernest Energy, Inc. at approximately $62M (range $17M–$151M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.82× the median modeled value of Series A Energy / Climate companies in 2022–2024 (22 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 2.5 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 2.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Energy / Climate peers (235 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: Auto Motive Power Inc., Veloce Energy, Inc., Power Life Sciences, Inc., Pimps Up Energy Drink, Overview Energy, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.