Diligence memo · auto-generated · as of July 2, 2026
Mih Llc
Mih Llc looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Mih Llc operates in Other Energy, based in DURHAM.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mih Llc has raised $106M 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: $100M on 2020-07-15.
Most recent recorded round closed around 2024-11-06.
Valuation (modeled)modeled
Provath models Mih Llc at approximately $39M (range $22M–$56M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.11× the median modeled value of Series C Other Energy companies in 2022–2024 (26 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 52 months.
Last raise 20 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 16.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 95% of Other Energy peers (2049 compared).
Modeled value ranks above 66% of those peers.
Closest niche peers: Easy Energy Finance, Inc., Novasource Power Holdings, Inc., UM Capital LLC, KORE Power, Inc., Gac Ii, Llc.
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.