Diligence memo · auto-generated · as of July 3, 2026
Nokomis Energy LLC
Nokomis Energy LLC looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Nokomis Energy LLC operates in Other Energy, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nokomis Energy LLC has raised $2.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.8M on 2022-07-21.
Most recent recorded round closed around 2025-02-07.
Valuation (modeled)modeled
Provath models Nokomis Energy LLC at approximately $991K (range $285K–$2.2M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.18× the median modeled value of Seed Other Energy companies in 2025–2027 (28 peers) — value vs value, same stage and era. Issuer reports $1M–$5M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 17 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 5.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 41% of Other Energy peers (2049 compared).
Modeled value ranks above 3% of those peers.
Closest niche peers: Circon International, LLC, E-Den Home Electrification, Inc., Dragonfly Energy Holdings Corp., Trinary Solar Group VIII LLC, EverGen Infrastructure Corp..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.