Companies · Other Energy

Ring-neck Energy & Feed, LLC

ONIDA · Other Energy

Diligence memoA one-page analyst read on Ring-neck Energy & Feed, LLC — recommendation, valuation, rhythm, risks.
$102.5M
Total raised · real
3
Rounds
2.2×
Latest step-up
Top 6%
Sector rank · raised
Series C
Latest stage · inferred · Tue Jun 11 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Ring-neck Energy & Feed, LLC 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 0.10× the median modeled value of Series C Other Energy companies in 2019–2021 (12 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.1 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Ring-neck Energy & Feed, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
11.0 yr record
Peak capital year was 2015 with $98.0M across 2 filings.
Market position
ahead of 95% of Other Energy peers
Capital scale is ahead of 95% of Other Energy peers; modeled value is above 74% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2015: $98.0M across 2 filings.
  • Largest single filing was $96.0M on 2015-07-01.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Ring-neck Energy & Feed, LLC is one of 2049 Other Energy companies tracked from ONIDA. By capital raised it ranks among the largest (ahead of 95% 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
Rule 506(b)
Reg D exemption
7
Investors (latest)
2014
Year incorporated
2019-06-11
First sale
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$500M$1.0B$1.5B$2.0BSeries C · 2015-07-01 Raised $96M (real) Modeled valuation $1.1B (est)$96M$1.1BSeries C2015Seed · 2015-07-01 Raised $2.0M (real) Modeled valuation $26M (est)$2.0M$26MSeed2015Series C · 2019-06-11 Raised $4.5M (real) Modeled valuation $54M (est)$4.5M$54MSeries C2019+$2.0M+$4.5MCumulative $103M

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 C$96.0M · 2015
Bridge · Series C-stage$2.0M · 2015smaller follow-on
Series C extension$4.5M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$53.9M
Base estimate est.
$16.5M
Conservative case
$142.0M
Upside case
$30.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series C · modeled $1.1B · 2015-07-012015Seed · modeled $26.0M · 2015-07-01Series C · modeled $53.9M · 2019-06-112019
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.16×/yr
Annual markup
1.33×/yr upside case
6.0 yr
Elapsed time used
7.1 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$26.0M/yr
Capital velocity
11.0 yr
On record since
2015
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) 30× above median
This company$102.5M
Sector median$3.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$4.5M
Sector median$47.0M
Modeled value — vs sector median (estimate, all stages) 3.2× above median
This company$53.9M
Sector median$17.0M

Raised more than 95% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #10 of 12.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Redaptive, Inc. · Series C Raised $161.5M · modeled $979.0M (est)Envoy Power Inc. · Series C Raised $60.0M · modeled $718.4M (est)VoltaGrid LLC · Series C Raised $72.6M · modeled $653.2M (est)SR Finco, LLC · Series C Raised $52.9M · modeled $624.4M (est)NGV Global Group Inc · Series C Raised $50.0M · modeled $598.7M (est)Sunrun Inc. · Series C Raised $116.0M · modeled $551.9M (est)Smart Wires Inc. · Series C Raised $169.4M · modeled $516.2M (est)Bridge to Renewables, Inc. · Series C Raised $45.4M · modeled $443.7M (est)Ally Power Inc. · Series C Raised $42.3M · modeled $426.3M (est)VionX Energy Corp · Series C Raised $144.0M · modeled $12.0M (est)Synata Bio, Inc. · Series C Raised $77.6M · modeled $7.3M (est)Ring-neck Energy & Feed, LLC (this company) Raised $102.5M · modeled $53.9M (est)Ring-neck Energy & Feed, LLC
CompanyStageRaised · realValue · estvs peer med.
Redaptive, Inc.Series C$161.5M$979.0M1.83×
Envoy Power Inc.Series C$60.0M$718.4M1.35×
VoltaGrid LLCSeries C$72.6M$653.2M1.22×
SR Finco, LLCSeries C$52.9M$624.4M1.17×
NGV Global Group IncSeries C$50.0M$598.7M1.12×
Sunrun Inc.Series C$116.0M$551.9M1.03×
Smart Wires Inc.Series C$169.4M$516.2M0.97×
Bridge to Renewables, Inc.Series C$45.4M$443.7M0.83×
Ally Power Inc.Series C$42.3M$426.3M0.80×
Ring-neck Energy & Feed, LLC this companySeries C$102.5M$53.9M0.10×
VionX Energy CorpSeries C$144.0M$12.0M0.02×
Synata Bio, Inc.Series C$77.6M$7.3M0.01×
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 C$96.0M2015-07-01$640.0M$1.1B85%
Seed$2.0M2015-07-01$10.0M$26.0M85%
Series C$4.5M2019-06-11$30.0M$53.9M90%
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 C$96.0M2015-07-01
    • First recorded raise — entered as Series C.
  2. Seed$2.0M2015-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 48.0× smaller than the prior — bridge or down round.
  3. Series C$4.5M2019-06-11
    • Raised again after 47 mo — slower than the ~12 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 7 investors on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~24mo cadence
$10.1M
Modeled next size est.range $6.6M$16.2M
2.2×
Last step-up
$26.0M/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
Dale Schwade1 other2019-06
Scott Mundt1 other2019-06
Chad Friese2019-06
Chris Schwarck2015-07
Edward Eller2015-07
Gary Wickersham2015-07
Janet Wendland2015-07
Jeffrey Goebel2015-07
Kenton Johnson2015-07
Kirk Yackley2015-07
Patrick Voorhees2015-07
Steve Christensen2019-06
Steve Sukup2019-06
Timothy Luken2019-06
Walter Wendland2019-06
Walt Wendland2015-07
Registry & provenance

Ring-neck Energy & Feed, LLC 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
1635426
SEC CIK
2014
Incorporated
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
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Heartland Water Technology, Inc.Other EnergySeries C$56.1M$39.6Msame sector · same stage
E Fuel CorpOther EnergySeries C$54.6M$33.6Msame sector · same stage
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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
River's Edge Energy, LLCOther EnergyPre-Seed$1.9M85%
PowerTeam Management Feeder, LLCOther EnergySeries B$349.9M84%
Halo Energy LLCOther EnergyPre-Seed$3.3M84%
SunSystem Technology, LLCOther EnergyPre-Seed$8.2M84%
DART Energy, LLCOther EnergySeed$8.3M83%
BarberWind Turbines, LLCOther EnergySeed$48.8M83%
OneEnergy Development, LLCOther EnergyPre-Seed$3.2M83%
Juicer Energy Inc.Other EnergySeries A$8.1M83%
Frequently asked
How much funding has Ring-neck Energy & Feed, LLC raised?
Ring-neck Energy & Feed, LLC has raised approximately $102.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Ring-neck Energy & Feed, LLC's estimated valuation?
Provath's modeled valuation for Ring-neck Energy & Feed, LLC is approximately $53.9M (modeled range $16.5M–$142.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ring-neck Energy & Feed, LLC at?
Ring-neck Energy & Feed, LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Jun 11.
What does Ring-neck Energy & Feed, LLC do and where is it based?
Ring-neck Energy & Feed, LLC operates in the Other Energy sector, based in ONIDA.
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