Diligence memo · auto-generated · as of July 2, 2026
MAD Energy Limited Partnership
MAD Energy Limited Partnership has raised $99M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
MAD Energy Limited Partnership operates in Energy Conservation, based in SANDPOINT.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
MAD Energy Limited Partnership has raised $99M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $98M on 2021-07-23.
Most recent recorded round closed around 2021-07-23.
Valuation (modeled)modeled
Provath models MAD Energy Limited Partnership at approximately $1.8B (range $350M–$4.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 4.9 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 383.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Energy Conservation peers (254 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Watt Fuel Cell Corp..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.