Companies · Other Energy

Renewable Energy Group, Inc.

Ames · Other Energy

Diligence memoA one-page analyst read on Renewable Energy Group, Inc. — recommendation, valuation, rhythm, risks.
$35.1M
Total raised · real
3
Rounds
0.2×
Latest step-up
Top 14%
Sector rank · raised
Series B
Latest stage · inferred · Tue Mar 15 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Renewable Energy Group, Inc. looks under-valued against its niche peers and is dormant 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.

Under-valued
  • Modeled value is 0.22× the median modeled value of Series B Other Energy companies in 2016–2018 (26 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.3 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

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.

Where it sits in Other Energy

Renewable Energy Group, Inc. is one of 2049 Other Energy companies tracked from Ames. By capital raised it ranks in the upper tier (ahead of 87% of sector peers), and in the upper tier 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.

US
Jurisdiction
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries A · 2012-10-26 Raised $4.6M (real) Modeled valuation $49M (est)$4.6M$49MSeries A2012Series B · 2014-01-22 Raised $26M (real) Modeled valuation $305M (est)$26M$305MSeries B2014Series B · 2016-03-15 Raised $4.2M (real) Modeled valuation $49M (est)$4.2M$49MSeries B2016+$26M+$4.2MCumulative $35M

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.

Financing ladder & sequence gaps
Series A$4.6M · 2012
Series B$26.3M · 2014
Series B extension$4.2M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$49.3M
Base estimate est.
$10.1M
Conservative case
$189.6M
Upside case
$23.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series A · modeled $48.6M · 2012-10-262012Series B · modeled $304.6M · 2014-01-22Series B · modeled $49.3M · 2016-03-152016
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 79% high
1.22×/yr
Annual markup
1.47×/yr upside case
6.0 yr
Elapsed time used
10.3 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$10.4M/yr
Capital velocity
13.7 yr
On record since
2012
First round
3
Rounds on file
How it compares to the market

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.

Total raised — vs sector median (real $, all stages) 10× above median
This company$35.1M
Sector median$3.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.2× of median
This company$4.2M
Sector median$19.1M
Modeled value — vs sector median (estimate, all stages) 2.9× above median
This company$49.3M
Sector median$17.0M

Raised more than 87% of sector peers (real $). Modeled value above 71% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #23 of 26.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Tailwind Loenbro Holdings, Inc. · Series B Raised $39.6M · modeled $459.8M (est)VLUX Ltd · Series B Raised $33.5M · modeled $389.1M (est)Power It Perfect, Inc. · Series B Raised $30.5M · modeled $348.1M (est)Upower, Inc. · Series B Raised $25.5M · modeled $290.1M (est)Brothers Investment Group International LLC · Series B Raised $25.0M · modeled $290.1M (est)Alphabet Energy, Inc. · Series B Raised $46.5M · modeled $274.7M (est)Enchanted Rock Holdings, LLC · Series B Raised $23.6M · modeled $273.6M (est)Xl Hybrids Inc · Series B Raised $43.0M · modeled $258.0M (est)Eos Energy Storage LLC · Series B Raised $43.7M · modeled $257.9M (est)Buffalo Sand, LP · Series B Raised $21.0M · modeled $243.7M (est)Mississippi Sand Investors, LLC · Series B Raised $21.0M · modeled $243.6M (est)Bayou Sand Investors, LLC · Series B Raised $19.9M · modeled $231.3M (est)Renewable Energy Group, Inc. (this company) Raised $35.1M · modeled $49.3M (est)Renewable Energy Group, Inc.
CompanyStageRaised · realValue · estvs peer med.
Tailwind Loenbro Holdings, Inc.Series B$39.6M$459.8M2.04×
VLUX LtdSeries B$33.5M$389.1M1.72×
Power It Perfect, Inc.Series B$30.5M$348.1M1.54×
Upower, Inc.Series B$25.5M$290.1M1.28×
Brothers Investment Group International LLCSeries B$25.0M$290.1M1.28×
Alphabet Energy, Inc.Series B$46.5M$274.7M1.22×
Enchanted Rock Holdings, LLCSeries B$23.6M$273.6M1.21×
Xl Hybrids IncSeries B$43.0M$258.0M1.14×
Eos Energy Storage LLCSeries B$43.7M$257.9M1.14×
Buffalo Sand, LPSeries B$21.0M$243.7M1.08×
Mississippi Sand Investors, LLCSeries B$21.0M$243.6M1.08×
Bayou Sand Investors, LLCSeries B$19.9M$231.3M1.02×
Renewable Energy Group, Inc. this companySeries B$35.1M$49.3M0.22×
Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$4.6M2012-10-26$20.9M$48.6M90%
Series B$26.3M2014-01-22$145.9M$304.6M90%
Series B$4.2M2016-03-15$23.6M$49.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$4.6M2012-10-26
    • First recorded raise — entered as Series A.
  2. Series B$26.3M2014-01-22
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
  3. Series B$4.2M2016-03-15
    • Raised again after 26 mo — slower than the ~12 mo sector norm.
    • Round 6.2× smaller than the prior — bridge or down round.
Intelligence
2017 ~Q4
Modeled next raise · ~20mo cadence
$4.2M
Modeled next size est.range $4.2M$6.8M
0.2×
Last step-up
$10.4M/yr
Capital velocity

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.

Key people & operators

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.

PersonRoleAlso runsTied since
Christopher D. Sorrells2 other2014-01
Daniel J. Oh2 other2014-01
Michael A. Jackson1 other2014-01
Michael J. Jackson1 other2012-10
Brad D. Albin2016-03
Brad J. Albin2014-01
Chad D. Stone2016-03
Chad J. Stone2014-01
Christopher J. Sorrells2012-10
Daniel Daniel J. Oh2012-10
David D. Elsenbast2016-03
David J. Elsenbast2014-01
Delbert J. Christensen2014-01
Eric J. Bowen2014-01
Gary D. Haer2016-03
Gary J. Haer2014-01
Jeffery Stroburg2016-03
Jeffrey J. Stroburg2012-10
Jonathan J. Koch2012-10
Michael Michael J. Scharf2012-10
Michael M. Scharf2014-01
Mike A. Scharf2016-03
Peter J.M. Harding2016-03
Randall J. Howard2012-10
Registry & provenance

Renewable Energy Group, 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.

United States
Country of record
US
Jurisdiction
1463258
SEC CIK
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
Global Resource Options, Inc.Other EnergySeries A$28.3M$23.7Mnetwork1 shared operator · same sector
Energy & Power Solutions, Inc.Other EnergySeries B$35.5M$63.8Msame sector · same stage
Elevation Home Energy Solutions, Inc.Other EnergySeries B$36.7M$45.2Msame sector · same stage
Ram Power, Corp.Other EnergySeries B$32.7M$62.3Msame sector · same stage
OneSun, Inc.Other EnergySeries B$39.1M$44.3Msame sector · same stage
Resource Royalty Income & Growth Fund IV, LPOther EnergySeries B$39.7M$38.0Msame sector · same stage
Venterra Group PlcOther EnergySeries B$39.9M$54.1Msame sector · same stage
Super Green Biofuels IncOther EnergySeries B$40.8M$59.7Msame sector · same stage
Frequently asked
How much funding has Renewable Energy Group, Inc. raised?
Renewable Energy Group, Inc. has raised approximately $35.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Renewable Energy Group, Inc.'s estimated valuation?
Provath's modeled valuation for Renewable Energy Group, Inc. is approximately $49.3M (modeled range $10.1M–$189.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Renewable Energy Group, Inc. at?
Renewable Energy Group, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Mar 15.
What does Renewable Energy Group, Inc. do and where is it based?
Renewable Energy Group, Inc. operates in the Other Energy sector, based in Ames.
Explore related

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