Diligence memo · auto-generated · as of July 2, 2026
H2Plus, LLC
H2Plus, LLC looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
H2Plus, LLC operates in Environmental Services, based in GRAND JUNCTION.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
H2Plus, LLC has raised $3.7M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.7M on 2024-08-08.
Most recent recorded round closed around 2024-08-08.
Valuation (modeled)modeled
Provath models H2Plus, LLC at approximately $16M (range $3.1M–$42M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.12× the median modeled value of Seed Environmental Services companies in 2022–2024 (11 peers) — value vs value, same stage and era. Within the normal band (112% of peer median) for its niche.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 59% of Environmental Services peers (242 compared).
Modeled value ranks above 40% of those peers.
Closest niche peers: RenewWest, Inc., Sage Green LLC, GroGuru, Inc., Bio Daf USA, Inc., Steel Jack Carbon Innovation LLC.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.