Diligence memo · auto-generated · as of July 2, 2026
NGON Assets LLC
NGON Assets LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
NGON Assets LLC operates in Other Energy, based in PARK CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
NGON Assets LLC has raised $722K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $722K on 2021-09-27.
Most recent recorded round closed around 2021-09-27.
Valuation (modeled)modeled
Provath models NGON Assets LLC at approximately $7.2M (range $457K–$56M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.40× the median modeled value of Pre-Seed Other Energy companies in 2019–2021 (74 peers) — value vs value, same stage and era. Within the normal band (140% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 4.8 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 22% of Other Energy peers (2049 compared).
Modeled value ranks above 31% of those peers.
Closest niche peers: Cooperative Energy Futures, MT CB VS Waikoloa Villas, LLC, Secure Solar Capital LLC, Slingshot Power PBC, MT CB VS Newcomerstown Solar, LLC.
Peoplefiled
1 named person 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.