Diligence memo · auto-generated · as of July 2, 2026
NG Advantage LLC
NG Advantage LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
NG Advantage LLC operates in Other Energy, based in COLCHESTER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
NG Advantage LLC has raised $51M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $27M on 2019-11-27.
Most recent recorded round closed around 2019-11-27.
Valuation (modeled)modeled
Provath models NG Advantage LLC at approximately $310M (range $63M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.51× the median modeled value of Series B Other Energy companies in 2019–2021 (30 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 6.6 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 5.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 90% of Other Energy peers (2049 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: CalBioGas Investors I LLC, Crown Lng Holdings Llc, PowerTeam Management Feeder, LLC, Monarch Resource Partners Holdings LLC, Sunshine Silver Mining & Refining Corp.
Peoplefiled
16 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.