Companies · Electric Utilities

Netzero QOF LLC

Washington DC · Electric Utilities

Diligence memoA one-page analyst read on Netzero QOF LLC — recommendation, valuation, rhythm, risks.
$7.7M
Total raised · real
1
Rounds
9.1×
Latest step-up
Top 52%
Sector rank · raised
Series A
Latest stage · inferred · Sat Apr 02 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Netzero QOF LLC looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the utilities sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Series A Electric Utilities companies in 2022–2024 (5 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 10 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Netzero QOF LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
4.2 yr record
Peak capital year was 2022 with $77.7M across 2 filings.
Market position
ahead of 49% of Electric Utilities peers
Capital scale is ahead of 49% of Electric Utilities peers; modeled value is above 56% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2022: $77.7M across 2 filings.
  • Largest single filing was $70.0M on 2022-05-06.
  • Filing rows sum to $77.7M, while canonical raised total is $7.7M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Electric Utilities

Netzero QOF LLC is one of 133 Electric Utilities companies tracked from Washington DC. By capital raised it ranks mid-pack (ahead of 49% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(c)
Reg D exemption
2021
Year incorporated
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries A · 2022-04-02 Raised $7.7M (real) Modeled valuation $46M (est)$7.7M$46MSeries A2022Series C · 2022-05-06 Raised $70M (real) Modeled valuation $564M (est)$70M$564MSeries C2022+$70MCumulative $78M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$7.7M · 2022
Series C$70.0M · 2022no Series B on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$45.9M
Base estimate est.
$11.0M
Conservative case
$166.7M
Upside case
$34.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the utilities sector profile. Directional, not a quoted figure.

Series A · modeled $45.9M · 2022-04-022022Series C · modeled $563.5M · 2022-05-062022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
58%
Survival probability
32% low · 79% high
1.22×/yr
Annual markup
1.53×/yr upside case
4.3 yr
Elapsed time used
4.3 yr actual, capped for stale marks
utilities
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
4.2 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Electric Utilities. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.0× of median
This company$7.7M
Sector median$8.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 14× above median
This company$70.0M
Sector median$5.0M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$45.9M
Sector median$39.4M

Raised more than 49% of sector peers (real $). Modeled value above 56% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #3 of 5.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)East African Power Ltd · Series A Raised $10.0M · modeled $55.4M (est)ED Energy Delivered Corp · Series A Raised $10.0M · modeled $52.3M (est)Solar Holler Holdings, PBC · Series A Raised $6.1M · modeled $29.4M (est)Blitz Ventures, Inc. · Series A Raised $7.1M · modeled $12.6M (est)Netzero QOF LLC (this company) Raised $7.7M · modeled $45.9M (est)Netzero QOF LLC
CompanyStageRaised · realValue · estvs peer med.
East African Power LtdSeries A$10.0M$55.4M1.21×
ED Energy Delivered CorpSeries A$10.0M$52.3M1.14×
Netzero QOF LLC this companySeries A$7.7M$45.9M1.00×
Solar Holler Holdings, PBCSeries A$6.1M$29.4M0.64×
Blitz Ventures, Inc.Series A$7.1M$12.6M0.27×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$7.7M2022-04-02$34.8M$45.9M90%
Series C$70.0M2022-05-06$466.7M$563.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$7.7M2022-04-02
    • First recorded raise — entered as Series A.
    • 8 investors on this round.
  2. Series C$70.0M2022-05-06
    • Came back fast: 1 mo vs the ~10 mo sector norm.
    • Round 9.1× larger than the prior — scaling up.
Intelligence
2022 ~Q2
Modeled next raise · ~1mo cadence
$210.0M
Modeled next size est.range $136.5M$336.0M
9.1×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Thomas Jones9 other2022-04
Alex Green2022-04
Bruce Baschuk2022-04
Jeffrey Kirks2022-04
Registry & provenance

Netzero QOF LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1923703
SEC CIK
2021
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
BioEnergy, Inc.Electric UtilitiesSeries A$8.0M$21.0Msame sector · same stage
AMCP Mechanical Holdings, LPElectric UtilitiesSeries A$8.0M$50.8Msame sector · same stage
Blitz Ventures, Inc.Electric UtilitiesSeries A$7.1M$12.6Msame sector · same stage
Champion Energy Holdings LLCElectric UtilitiesSeries A$7.1M$59.9Msame sector · same stage
Circular Energy, Inc.Electric UtilitiesSeries A$8.9M$25.3Msame sector · same stage
Allete IncElectric UtilitiesSeries A$9.0M$75.6Msame sector · same stage
Texzon Utilities, LTDElectric UtilitiesSeries A$6.3M$38.0Msame sector · same stage
PSC Specialists Group, Inc.Electric UtilitiesSeries A$6.2M$5.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Good Power Holdings, LLCElectric UtilitiesSeed$2.9M79%
Gridiron Energy, LLCElectric UtilitiesGrowth/Late$8.9B78%
CZero, Inc.Other EnergySeries B$25.8M77%
East African Power LtdElectric UtilitiesSeries A$55.4M77%
Sandow Lakes Energy Company, LLCElectric UtilitiesSeries B$140.5M77%
Agilon Energy, LLCElectric UtilitiesSeries B$247.3M76%
Divya TE I, LLCElectric UtilitiesSeed$22.0M76%
Hongkong Baosheng international groupElectric UtilitiesSeries D+$1.9B76%
Frequently asked
How much funding has Netzero QOF LLC raised?
Netzero QOF LLC has raised approximately $7.7M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Netzero QOF LLC's estimated valuation?
Provath's modeled valuation for Netzero QOF LLC is approximately $45.9M (modeled range $11.0M–$166.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Netzero QOF LLC at?
Netzero QOF LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Sat Apr 02.
What does Netzero QOF LLC do and where is it based?
Netzero QOF LLC operates in the Electric Utilities sector, based in Washington DC.
Explore related

See where Netzero QOF LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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