Companies · Other Energy

First United Ethanol Llc

PELHAM · Other Energy

Diligence memoA one-page analyst read on First United Ethanol Llc — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
Latest step-up
Top 61%
Sector rank · raised
Seed
Latest stage · inferred · Tue May 12 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

First United Ethanol 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 1.03× the median modeled value of Seed Other Energy companies in 2007–2009 (50 peers) — value vs value, same stage and era.
  • Within the normal band (103% of peer median) for its niche.
Dormant
  • Last raise 17.1 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

First United Ethanol 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
17.1 yr record
Peak capital year was 2009 with $2.0M across 1 filings.
Market position
ahead of 40% of Other Energy peers
Capital scale is ahead of 40% of Other Energy peers; modeled value is above 59% 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 2009: $2.0M across 1 filings.
  • Largest single filing was $2.0M on 2009-05-12.
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.
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

First United Ethanol Llc is one of 2048 Other Energy companies tracked from PELHAM. By capital raised it ranks mid-pack (ahead of 40% 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 · 2009-05-12 Raised $2.0M (real) Modeled valuation $26M (est)$2.0M$26MSeed2009

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$2.0M · 2009

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
$26.1M
Base estimate est.
$1.7M
Conservative case
$205.0M
Upside case
$10.1M
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.

Not enough modeled valuation points to chart a trajectory.

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
17.1 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
17.1 yr
On record since
2009
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2048 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) 0.6× of median
This company$2.0M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$26.1M
Sector median$17.0M

Raised more than 40% of sector peers (real $). Modeled value above 59% 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 #23 of 50.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Heartland Energy Solutions, LLC · Seed Raised $3.9M · modeled $50.9M (est)Western New York Energy Llc · Seed Raised $5.7M · modeled $50.7M (est)Nordic Windpower Ltd. · Seed Raised $7.6M · modeled $49.8M (est)Carbon Green BioEnergy, LLC · Seed Raised $3.7M · modeled $48.0M (est)Newco Environmental, LLC · Seed Raised $3.6M · modeled $46.7M (est)Rochester Resources Ltd · Seed Raised $3.2M · modeled $41.1M (est)Resource Energy Service Corp · Seed Raised $3.0M · modeled $39.3M (est)PetroAlgae Inc. · Seed Raised $3.0M · modeled $38.9M (est)Environmental Power Corp · Seed Raised $3.0M · modeled $38.9M (est)SPP Fund II-B, LLC · Seed Raised $2.8M · modeled $36.5M (est)Altra Inc · Seed Raised $2.8M · modeled $36.4M (est)Terra Caliente Llc · Seed Raised $2.8M · modeled $36.3M (est)First United Ethanol Llc (this company) Raised $2.0M · modeled $26.1M (est)First United Ethanol Llc
CompanyStageRaised · realValue · estvs peer med.
Heartland Energy Solutions, LLCSeed$3.9M$50.9M2.01×
Western New York Energy LlcSeed$5.7M$50.7M2.00×
Nordic Windpower Ltd.Seed$7.6M$49.8M1.97×
Carbon Green BioEnergy, LLCSeed$3.7M$48.0M1.90×
Newco Environmental, LLCSeed$3.6M$46.7M1.84×
Rochester Resources LtdSeed$3.2M$41.1M1.62×
Resource Energy Service CorpSeed$3.0M$39.3M1.55×
PetroAlgae Inc.Seed$3.0M$38.9M1.54×
Environmental Power CorpSeed$3.0M$38.9M1.54×
SPP Fund II-B, LLCSeed$2.8M$36.5M1.44×
Altra IncSeed$2.8M$36.4M1.43×
Terra Caliente LlcSeed$2.8M$36.3M1.43×
First United Ethanol Llc this companySeed$2.0M$26.1M1.03×
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$2.0M2009-05-12$10.1M$26.1M90%
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$2.0M2009-05-12
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$3.2M
Modeled next size est.range $2.1M$5.2M
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
Steven Collins5 other2009-05
Donald Eugene Shirah2009-05
John Bruce Johnson2009-05
Kenneth Jack Hunnicutt2009-05
Lawrence Alfred Kamp2009-05
Michael Wayne Harrell2009-05
Miley Adams2009-05
Murray Campbell2009-05
Robert Leonard Holden2009-05
Thomas H Dollar2009-05
Thomas Lee Hilliard2009-05
Registry & provenance

First United Ethanol 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
1346222
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.

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RENEWABLE ENERGY DEVELOPMENT CorpOther EnergySeed$2.0M$22.1Msame sector · same stage
Advance Green Energy IncOther EnergySeed$2.0M$26.0Msame sector · same stage
American Pacific Borate & Lithium LtdOther EnergySeed$2.0M$26.0Msame sector · same stage
Continuus Energy, Inc.Other EnergySeed$2.0M$26.0Msame sector · same stage
CustomerFirst Energy Holdings LLCOther EnergySeed$2.0M$26.0Msame sector · same stage
P III Loan Investors, LLCOther EnergySeed$2.0M$26.0Msame sector · same stage
Powerspan CorpOther EnergySeed$2.0M$26.0Msame sector · same stage
Velocys PLCOther EnergySeed$2.0M$26.0Msame sector · same stage
Frequently asked
How much funding has First United Ethanol Llc raised?
First United Ethanol Llc has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is First United Ethanol Llc's estimated valuation?
Provath's modeled valuation for First United Ethanol Llc is approximately $26.1M (modeled range $1.7M–$205.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is First United Ethanol Llc at?
First United Ethanol Llc's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue May 12.
What does First United Ethanol Llc do and where is it based?
First United Ethanol Llc operates in the Other Energy sector, based in PELHAM.
Explore related

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