Diligence memo · auto-generated · as of July 2, 2026
Nexlube Operating Llc
Nexlube Operating Llc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Nexlube Operating Llc operates in Other Energy, based in ADDISON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nexlube Operating Llc has raised $38M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $38M on 2012-05-15.
Most recent recorded round closed around 2012-05-15.
Valuation (modeled)modeled
Provath models Nexlube Operating Llc at approximately $441M (range $90M–$1.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.81× the median modeled value of Series B Other Energy companies in 2010–2012 (28 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 14.1 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 88% of Other Energy peers (2049 compared).
Modeled value ranks above 95% of those peers.
Closest niche peers: OPX Biotechnologies Inc, Boulder Wind Power, Inc., Solar Power, Inc., Nexant, Inc, Sinocoking Coal & Coke Chemical Industries, Inc..
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.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.