Diligence memo · auto-generated · as of July 2, 2026
Heat Mining Company, Llc
Heat Mining Company, Llc looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Heat Mining Company, Llc operates in Other Energy, based in RAPID CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Heat Mining Company, Llc has raised $5.7M 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: $4.5M on —.
Valuation (modeled)modeled
Provath models Heat Mining Company, Llc at approximately $11M (range $5.8M–$15M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.23× the median modeled value of Series A Other Energy companies (499 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
No dated round to assess.
The last round stepped up 3.8× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 59% of Other Energy peers (2049 compared).
Modeled value ranks above 39% of those peers.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.