Diligence memo · auto-generated · as of July 2, 2026
Propel Biofuels, Inc.
Propel Biofuels, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Propel Biofuels, Inc. operates in Other, based in SACRAMENTO.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Propel Biofuels, Inc. has raised $15M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $12M on 2010-01-29.
Most recent recorded round closed around 2010-01-29.
Valuation (modeled)modeled
Provath models Propel Biofuels, Inc. at approximately $182M (range $16M–$987M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.00× the median modeled value of Series A Other companies in 2010–2012 (632 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 16.4 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 4.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Other peers (25015 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Worldview Entertainment Capital Llc, Applied Merchant Systems West Coast, Inc., SWMF Life Science Venture Fund, Limited Partnership, PrimaLoft Holding Company, LLC, Graphics Properties Holdings, Inc..
Peoplefiled
10 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.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.