Diligence memo · auto-generated · as of July 2, 2026
Meritum Energy Holdings, LP
Meritum Energy Holdings, LP has raised $54M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Meritum Energy Holdings, LP operates in Energy / Climate, based in SAN ANTONIO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Meritum Energy Holdings, LP has raised $54M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $54M on 2025-06-17.
Most recent recorded round closed around 2025-06-17.
Valuation (modeled)modeled
Provath models Meritum Energy Holdings, LP at approximately $316M (range $195M–$421M). 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 12 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 94% of Energy / Climate peers (235 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Antora Energy, Inc., Zeno Power Systems, Inc..
Peoplefiled
2 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.