Companies · Other Energy
HOUSTON · Other Energy
Diligence memoA one-page analyst read on NEXT Renewable Fuels, Inc. — recommendation, valuation, rhythm, risks.→NEXT Renewable Fuels, Inc. looks under-valued against its niche peers and is active on financing cadence.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the energy sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
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.
NEXT Renewable Fuels, Inc. is one of 2049 Other Energy companies tracked from HOUSTON. By capital raised it ranks among the largest (ahead of 94% of sector peers), and in the long tail 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.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.
Round size and date are reported; the stage label is inferred from round size (latest is Series C — a $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.
Benchmarked against 2049 companies in Other Energy. 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.
Raised more than 94% of sector peers (real $). Modeled value above 14% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #17 of 17.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Cig Ds1, Llc | Series C | $70.0M | $381.8M | 1.56× |
| Electra Battery Materials Corp | Series C | $111.3M | $378.0M | 1.54× |
| Z-GEO Holdings, LLC | Series C | $60.0M | $355.1M | 1.45× |
| Natron Holdings, Inc. | Series C | $55.4M | $329.2M | 1.34× |
| Ludvik Electric Co | Series C | $60.0M | $329.0M | 1.34× |
| Antares Nuclear, Inc. | Series C | $86.7M | $284.1M | 1.16× |
| Nuclear Co | Series C | $46.3M | $276.3M | 1.13× |
| Cig Ds2, Llc | Series C | $45.5M | $247.1M | 1.01× |
| Standard Nuclear, Inc. | Series C | $159.0M | $244.8M | 1.00× |
| Ga Drilling Holding, Co. | Series C | $82.7M | $208.5M | 0.85× |
| Malta Inc. | Series C | $106.5M | $127.7M | 0.52× |
| Bioleum Corp | Series C | $106.7M | $116.6M | 0.48× |
| NEXT Renewable Fuels, Inc. this company | Series C | $88.1M | $2.7M | 0.01× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Seed | $1.6M | 2018-09-25 | $7.9M | $20.4M | 90% |
| Seed | $675K | 2019-09-24 | $3.4M | $8.8M | 90% |
| Seed | $375K | 2020-02-21 | $1.9M | $4.9M | 90% |
| Seed | $2.0M | 2021-05-03 | $10.0M | $19.9M | 90% |
| Seed | $500K | 2021-12-17 | $2.5M | $4.1M | 90% |
| Seed | $1.5M | 2022-08-11 | $7.5M | $9.9M | 90% |
| Seed | $700K | 2022-09-12 | $3.5M | $4.5M | 90% |
| Seed | $950K | 2023-01-25 | $4.8M | $5.4M | 90% |
| Series C | $75.0M | 2023-04-14 | $500.0M | $595.6M | 90% |
| Series C | $3.0M | 2023-05-02 | $20.0M | $23.7M | 90% |
| Series C | $1.1M | 2023-08-08 | $7.3M | $8.3M | 90% |
| Series C | $150K | 2023-12-22 | $1.0M | $1.1M | 90% |
| Pre-Seed | $100K | 2023-12-22 | $556K | $421K | 90% |
| Series C | $110K | 2024-02-15 | $733K | $772K | 90% |
| Series C | $499K | 2025-12-29 | $3.3M | $2.7M | 90% |
| Pre-Seed | $150K | 2025-12-29 | $833K | $289K | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Christopher Efird | — | 3 other | 2018-09 |
| David Kane | — | 2 other | 2021-05 |
| E. Scott Crist | — | 1 other | 2021-12 |
| Louis Soumas | — | 1 other | 2018-09 |
| Robert Russell | — | 1 other | 2021-05 |
| Stephen Trauber | — | 1 other | 2025-12 |
| Birgette Ahring | — | — | 2025-12 |
| Birgette Scott Ahring | — | — | 2023-12 |
| Chris Hearn | — | — | 2025-12 |
| Chris Scott Hearn | — | — | 2023-12 |
| Christopher Effird | — | — | 2023-05 |
| Dan Kim | — | — | 2022-09 |
| Dan Scott Kim | — | — | 2022-08 |
| David Scott Kane | — | — | 2021-12 |
| Eugene Cotten | — | — | 2021-05 |
| Eugene Scott Cotten | — | — | 2021-12 |
| Jo Ellen Darcy | — | — | 2025-12 |
| Jo Ellen Scott Darcy | — | — | 2023-08 |
| Larry Mellinger | — | — | 2018-09 |
| Lisa Holmes | — | — | 2025-12 |
| Lisa Scott Holmes | — | — | 2023-01 |
| Luisa Scott Ingargiola | — | — | 2022-08 |
| Robert Scott Armstrong | — | — | 2023-04 |
| Stephen Scott Trauber | — | — | 2023-04 |
NEXT Renewable Fuels, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Waterside Energy, LLC | Other Energy | Pre-Seed | $175K | $2.8M | network2 shared operators · same sector |
| Comstock Inc. | Other Energy | Series C | $93.4M | $4.0M | same sector · same stage |
| Black Stone Minerals, L.P. | Other Energy | Series C | $55.3M | $1.6M | same sector · same stage |
| Arq Ltd | Other Energy | Series C | $173.2M | $4.3M | same sector · same stage |
| Ecm Energy Services Inc | Other Energy | Seed | $6.0M | $38.9M | network1 shared operator · same sector |
| General Fusion Inc. | Other Energy | Series B | $56.4M | $1.4M | same sector |
| Geophysical Technology Inc. | Software / Tech | Series B | $67.9M | $46.9M | network1 shared operator |
| Aventine Renewable Energy Holdings Inc | Other Energy | Series D+ | $193.4M | $1.4M | same sector |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Clean Energy Fuels Corp. | Other Energy | Series C | $998.7M | 91% |
| Global Clean Energy Holdings, Inc. | Other Energy | Series A | $43.4M | 87% |
| Clean Energy Technology Co | Other Energy | Pre-Seed | $2.3M | 87% |
| Renewable Ipp, Llc | Other Energy | Pre-Seed | $2.2M | 86% |
| Renewable Power Direct LLC | Other Energy | Seed | $19.7M | 86% |
| Next Energy Technologies, Inc. | Other Energy | Series A | $45.9M | 86% |
| Solar Tech Energy Systems, Inc. | Other Energy | Seed | $4.0M | 86% |
| Apy Renewable Energy Inc. | Other Energy | Series A | $73.2M | 86% |
See where NEXT Renewable Fuels, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at NEXT Renewable Fuels, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.