Diligence memo · auto-generated · as of July 2, 2026
Mulberry Leasing, LLC
Mulberry Leasing, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Mulberry Leasing, LLC operates in Other Energy, based in BELLAIRE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mulberry Leasing, LLC has raised $1.1M 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: $1.1M on 2018-03-15.
Most recent recorded round closed around 2018-03-15.
Valuation (modeled)modeled
Provath models Mulberry Leasing, LLC at approximately $14M (range $898K–$107M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.53× the median modeled value of Seed Other Energy companies in 2016–2018 (88 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 8.3 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 29% of Other Energy peers (2049 compared).
Modeled value ranks above 44% of those peers.
Closest niche peers: RigNet, Inc., Phoenix Services Topco, LLC, MT CB VS Long Beach Solar One, LLC, Lakeview Biodiesel LLC, Carbon Engineering Limited Partnership.
Peoplefiled
2 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.