Companies · Other

Green Source Holdings Llc

AUSTIN · Other

Diligence memoA one-page analyst read on Green Source Holdings Llc — recommendation, valuation, rhythm, risks.
$40.8M
Total raised · real
5
Rounds
0.8×
Latest step-up
Top 9%
Sector rank · raised
Series B
Latest stage · inferred · Thu Aug 01 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Green Source Holdings 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.

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 0.08× the median modeled value of Series B Other companies in 2022–2024 (465 peers) — value vs value, same stage and era.
At-risk
  • Last raise 23 mo ago; this sector typically re-raises about every 11 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

Green Source Holdings 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
16.3 yr record
Peak capital year was 2013 with $91.5M across 5 filings.
Market position
ahead of 92% of Other peers
Capital scale is ahead of 92% of Other peers; modeled value is above 42% 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
Lower 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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.
  • Sector is still broad/Other, so operating comparables are weak.
  • 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: $91.5M across 5 filings.
  • Largest single filing was $30.1M on 2013-08-19.
  • Filing rows sum to $103.2M, while canonical raised total is $40.8M; 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

Green Source Holdings Llc is one of 25008 Other companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 92% 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
Rule 506(b)
Reg D exemption
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$250M$500M$750M$1.0BSeed · 2010-04-01 Raised $1.1M (real) Modeled valuation $20M (est)Seed2010Series A · 2010-04-01 Raised $5.5M (real) Modeled valuation $83M (est)Series A2010Series A · 2012-09-05 Raised $690K (real) Modeled valuation $10M (est)Series A2012Series B · 2013-08-19 Raised $15M (real) Modeled valuation $249M (est)Series B2013Series A · 2013-08-19 Raised $8.9M (real) Modeled valuation $135M (est)Series A2013Series A · 2013-08-19 Raised $7.9M (real) Modeled valuation $120M (est)Series A2013Series B · 2013-08-19 Raised $30M (real) Modeled valuation $500M (est)Series B2013Series B · 2013-08-19 Raised $29M (real) Modeled valuation $490M (est)Series B2013Series B · 2019-07-01 Raised $2.5M (real) Modeled valuation $42M (est)Series B2019Series B · 2024-08-01 Raised $2.0M (real) Modeled valuation $12M (est)Series B2024+$5.5M+$690K+$15M+$8.9M+$7.9M+$30M+$29M+$2.5M+$2.0MCumulative $103M

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$1.1M · 2010
Series A$5.5M · 2010
Series A extension$690K · 2012
Series B$15.0M · 2013
Bridge · Series B-stage$8.9M · 2013smaller follow-on
Bridge · Series B-stage$7.9M · 2013smaller follow-on
Series B extension$30.1M · 2013
Series B extension$29.5M · 2013
Series B extension$2.5M · 2019
Series B extension$2.0M · 2024

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: 75%.

Modeled valuation trajectory
$12.1M
Base estimate est.
$5.0M
Conservative case
$21.3M
Upside case
$11.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $20.4M · 2010-04-012010Series A · modeled $83.1M · 2010-04-01Series A · modeled $10.4M · 2012-09-05Series B · modeled $249.5M · 2013-08-19Series A · modeled $135.2M · 2013-08-19Series A · modeled $120.1M · 2013-08-19Series B · modeled $500.3M · 2013-08-19Series B · modeled $489.5M · 2013-08-19Series B · modeled $41.5M · 2019-07-01Series B · modeled $12.1M · 2024-08-012024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
1.9 yr
Elapsed time used
1.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$2.8M/yr
Capital velocity
16.3 yr
On record since
2010
First round
10
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 20× above median
This company$40.8M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.0M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$12.1M
Sector median$17.7M

Raised more than 92% of sector peers (real $). Modeled value above 42% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #438 of 465.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Ever/Body, Inc. · Series B Raised $64.2M · modeled $430.2M (est)Financeware Holdings LLC · Series B Raised $59.7M · modeled $413.0M (est)American Cricket Enterprises Inc. · Series B Raised $39.0M · modeled $409.2M (est)Xlerate Ultimate Holdings, Lp · Series B Raised $62.2M · modeled $405.9M (est)MDME Ultimate Holdings, LP · Series B Raised $39.9M · modeled $395.4M (est)aXiomatic, LLC · Series B Raised $138.8M · modeled $389.3M (est)Moov Financial, Inc. · Series B Raised $69.2M · modeled $378.4M (est)NovaVision Holdings, LLC · Series B Raised $38.4M · modeled $373.9M (est)Ttxa Ii 2022, Lp · Series B Raised $35.0M · modeled $369.4M (est)Encamp, Inc. · Series B Raised $54.0M · modeled $363.2M (est)JAF Communications Holdings, LLC · Series B Raised $36.8M · modeled $358.7M (est)Enboarder Inc. · Series B Raised $39.7M · modeled $357.0M (est)Green Source Holdings Llc (this company) Raised $40.8M · modeled $12.1M (est)Green Source Holdings Llc
CompanyStageRaised · realValue · estvs peer med.
Ever/Body, Inc.Series B$64.2M$430.2M2.73×
Financeware Holdings LLCSeries B$59.7M$413.0M2.62×
American Cricket Enterprises Inc.Series B$39.0M$409.2M2.59×
Xlerate Ultimate Holdings, LpSeries B$62.2M$405.9M2.57×
MDME Ultimate Holdings, LPSeries B$39.9M$395.4M2.51×
aXiomatic, LLCSeries B$138.8M$389.3M2.47×
Moov Financial, Inc.Series B$69.2M$378.4M2.40×
NovaVision Holdings, LLCSeries B$38.4M$373.9M2.37×
Ttxa Ii 2022, LpSeries B$35.0M$369.4M2.34×
Encamp, Inc.Series B$54.0M$363.2M2.30×
JAF Communications Holdings, LLCSeries B$36.8M$358.7M2.27×
Enboarder Inc.Series B$39.7M$357.0M2.26×
Green Source Holdings Llc this companySeries B$40.8M$12.1M0.08×
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$1.1M2010-04-01$5.5M$20.4M85%
Series A$5.5M2010-04-01$25.0M$83.1M85%
Series A$690K2012-09-05$3.1M$10.4M85%
Series B$15.0M2013-08-19$83.4M$249.5M85%
Series A$8.9M2013-08-19$40.6M$135.2M85%
Series A$7.9M2013-08-19$36.1M$120.1M85%
Series B$30.1M2013-08-19$167.3M$500.3M90%
Series B$29.5M2013-08-19$163.7M$489.5M90%
Series B$2.5M2019-07-01$13.9M$41.5M90%
Series B$2.0M2024-08-01$11.1M$12.1M90%
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$1.1M2010-04-01
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
  2. Series A$5.5M2010-04-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 5.0× larger than the prior — scaling up.
    • 5 investors on this round.
  3. Series A$690K2012-09-05
    • Raised again after 29 mo — slower than the ~11 mo sector norm.
    • Round 8.0× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  4. Series B$15.0M2013-08-19
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 21.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 46 investors on this round.
  5. Series A$8.9M2013-08-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 42 investors on this round.
  6. Series A$7.9M2013-08-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 41 investors on this round.
  7. Series B$30.1M2013-08-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.8× larger than the prior — scaling up.
    • 66 investors on this round.
  8. Series B$29.5M2013-08-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 53 investors on this round.
  9. Series B$2.5M2019-07-01
    • Raised again after 70 mo — slower than the ~11 mo sector norm.
    • Round 11.8× smaller than the prior — bridge or down round.
  10. Series B$2.0M2024-08-01
    • Raised again after 61 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2026 ~Q1
Modeled next raise · ~19mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.8×
Last step-up
$2.8M/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
John Harley Walsh1 other2013-08
W.A. Fitzhugh Lee1 other2010-04
Donald Harley Drew2010-04
Donald R. Drew2010-04
Ervin D. Cruce2012-09
Hamid R. Shafie2012-09
J. Harley Walsh2010-04
Julius Fitzhugh Tollas2010-04
Liquified Fossil Fuel Corporation N/A2010-04
- Liquified Fossil Fuels Corporation2013-08
L.T. Fitzhugh Fan2010-04
Mohammad R. Shafie2012-09
N/A Liquified Fossil Fuels Corporation2010-04
Shahram Harley Shafie2010-04
W. Frank Bowie2024-08
Registry & provenance

Green Source Holdings 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
1452391
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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ProperFood, LLCOtherSeries A$16.7M$12.4Msame 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
Green Envirotech Holdings Corp.OtherSeries A$2.3M89%
GreenOne Holdings, Inc.OtherSeed$17.3M88%
Touch of Green Holdings,LLCOtherSeed$20.4M88%
Invest Green Enterprises Inc.OtherPre-Seed$1.1M88%
Green Solutions Group LLCOtherPre-Seed$4.3M88%
Greenway Capital Investors I, LLCOtherSeed$14.8M86%
Green Thread Holdings Inc.OtherPre-Seed$6.9M86%
Wells Green Corp.OtherSeed$38.1M86%
Frequently asked
How much funding has Green Source Holdings Llc raised?
Green Source Holdings Llc has raised approximately $40.8M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Green Source Holdings Llc's estimated valuation?
Provath's modeled valuation for Green Source Holdings Llc is approximately $12.1M (modeled range $5.0M–$21.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Green Source Holdings Llc at?
Green Source Holdings Llc's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Aug 01.
What does Green Source Holdings Llc do and where is it based?
Green Source Holdings Llc operates in the Other sector, based in AUSTIN.
Explore related

See where Green Source Holdings Llc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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