Companies · Other

Swift Fuels, Llc

SIOUX FALLS · Other

Diligence memoA one-page analyst read on Swift Fuels, Llc — recommendation, valuation, rhythm, risks.
$92.0M
Total raised · real
6
Rounds
0.4×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Thu Feb 26 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Swift Fuels, Llc looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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 0.43× the median modeled value of Series C Other companies in 2025–2027 (76 peers) — value vs value, same stage and era.
Active
  • Last raise 4 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

Swift Fuels, 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
9.0 yr record
Peak capital year was 2024 with $48.0M across 1 filings.
Market position
ahead of 96% of Other peers
Capital scale is ahead of 96% of Other peers; modeled value is above 84% 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
Lower 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.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2024: $48.0M across 1 filings.
  • Largest single filing was $48.0M on 2024-05-14.
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

Swift Fuels, Llc is one of 25015 Other companies tracked from SIOUX FALLS. By capital raised it ranks among the largest (ahead of 96% 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
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$500MSeed · 2017-07-01 Raised $4.0M (real) Modeled valuation $74M (est)$4.0M$74MSeed2017Seed · 2019-08-06 Raised $100K (real) Modeled valuation $1.9M (est)$100K$1.9MSeed2019Series A · 2021-02-09 Raised $14M (real) Modeled valuation $175M (est)$14M$175MSeries A2021Series A · 2021-12-17 Raised $5.0M (real) Modeled valuation $49M (est)$5.0M$49MSeries A2021Series C · 2024-05-14 Raised $48M (real) Modeled valuation $381M (est)$48M$381MSeries C2024Series C · 2026-02-26 Raised $21M (real) Modeled valuation $117M (est)$21M$117MSeries C2026+$100K+$14M+$5.0M+$48M+$21MCumulative $92M

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
Seed$4.0M · 2017
Seed extension$100K · 2019
Series A$13.9M · 2021
Series A extension$5.0M · 2021
Series C$48.0M · 2024no Series B on file
Series C extension$21.0M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$117.0M
Base estimate est.
$81.2M
Conservative case
$141.5M
Upside case
$140.0M
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. Directional, not a quoted figure.

Seed · modeled $74.4M · 2017-07-012017Seed · modeled $1.9M · 2019-08-06Series A · modeled $174.7M · 2021-02-09Series A · modeled $48.8M · 2021-12-17Series C · modeled $381.4M · 2024-05-14Series C · modeled $117.0M · 2026-02-262026
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
0.3 yr
Elapsed time used
0.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$10.6M/yr
Capital velocity
9.0 yr
On record since
2017
First round
6
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 45× above median
This company$92.0M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.4× of median
This company$21.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 6.6× above median
This company$117.0M
Sector median$17.7M

Raised more than 96% of sector peers (real $). Modeled value above 84% 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 #55 of 76.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Premium Packaged Products LLC · Series C Raised $96.5M · modeled $613.0M (est)Hoagie Investor Holdings, LLC · Series C Raised $95.4M · modeled $586.1M (est)Sunset At El Paso Llc · Series C Raised $98.1M · modeled $585.5M (est)Orion Street Capital LLC · Series C Raised $100.0M · modeled $583.6M (est)Mozella Capital Inc. · Series C Raised $100.0M · modeled $559.4M (est)SE-Las Colinas · Series C Raised $90.9M · modeled $549.1M (est)Sequoia Equities - Innsbrook Village Ltd · Series C Raised $181.8M · modeled $548.8M (est)Colorado Holdco · Series C Raised $88.1M · modeled $523.2M (est)Critical Infrastructure I DST · Series C Raised $91.9M · modeled $507.5M (est)Three Bridges Club LLC · Series C Raised $73.3M · modeled $488.0M (est)Stout Holdings Management Aggregator IV, L.P. · Series C Raised $76.2M · modeled $479.4M (est)CCRE Equity & Investment Office LLC · Series C Raised $75.0M · modeled $458.4M (est)Swift Fuels, Llc (this company) Raised $92.0M · modeled $117.0M (est)Swift Fuels, Llc
CompanyStageRaised · realValue · estvs peer med.
Premium Packaged Products LLCSeries C$96.5M$613.0M2.26×
Hoagie Investor Holdings, LLCSeries C$95.4M$586.1M2.16×
Sunset At El Paso LlcSeries C$98.1M$585.5M2.16×
Orion Street Capital LLCSeries C$100.0M$583.6M2.16×
Mozella Capital Inc.Series C$100.0M$559.4M2.07×
SE-Las ColinasSeries C$90.9M$549.1M2.03×
Sequoia Equities - Innsbrook Village LtdSeries C$181.8M$548.8M2.03×
Colorado HoldcoSeries C$88.1M$523.2M1.93×
Critical Infrastructure I DSTSeries C$91.9M$507.5M1.87×
Three Bridges Club LLCSeries C$73.3M$488.0M1.80×
Stout Holdings Management Aggregator IV, L.P.Series C$76.2M$479.4M1.77×
CCRE Equity & Investment Office LLCSeries C$75.0M$458.4M1.69×
Swift Fuels, Llc this companySeries C$92.0M$117.0M0.43×
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.
Seed$4.0M2017-07-01$20.0M$74.4M90%
Seed$100K2019-08-06$500K$1.9M90%
Series A$13.9M2021-02-09$63.0M$174.7M90%
Series A$5.0M2021-12-17$22.7M$48.8M90%
Series C$48.0M2024-05-14$320.0M$381.4M90%
Series C$21.0M2026-02-26$140.0M$117.0M90%
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. Seed$4.0M2017-07-01
    • First recorded raise — entered as Seed.
  2. Seed$100K2019-08-06
    • Raised again after 25 mo — slower than the ~11 mo sector norm.
    • Round 40.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series A$13.9M2021-02-09
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 138.6× larger than the prior — scaling up.
  4. Series A$5.0M2021-12-17
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
  5. Series C$48.0M2024-05-14
    • Raised again after 29 mo — slower than the ~11 mo sector norm.
    • Round 9.6× larger than the prior — scaling up.
  6. Series C$21.0M2026-02-26
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
Intelligence
2027 ~Q4
Modeled next raise · ~21mo cadence
$21.0M
Modeled next size est.range $21.0M$33.6M
0.4×
Last step-up
$10.6M/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
Chris D'Acosta2017-07
Craig Hagen2021-12
Jeff Oitker2024-05
Joel Dykstra2017-07
Kelly McCaul2021-02
Mary Rusek2017-07
Michael Muston2017-07
Robert Broin2017-07
Robert Kent2024-05
Wade William2019-08
Registry & provenance

Swift Fuels, 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
1697420
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
BloomTech Inc.OtherSeries C$89.0M$121.9Msame sector · same stage
DineInFresh, Inc.OtherSeries C$87.4M$124.3Msame sector · same stage
Tuckahoe Holdings, LLCOtherSeries C$85.2M$115.8Msame sector · same stage
Osisko Development Corp.OtherSeries C$119.4M$116.0Msame sector · same stage
Ship Hero, LLCOtherSeries C$60.8M$113.3Msame sector · same stage
Julep Beauty, Inc.OtherSeries B$83.3M$116.4Msame sector
Positive Development, Inc.OtherSeries B$72.2M$119.8Msame sector
Wrench, Inc.OtherSeries B$59.3M$111.5Msame sector
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
AE Fuels CorpOtherPre-Seed$239K86%
Fuel Leadership, LLCOtherSeed$14.1M84%
Lucayan Trans Fuels LLCOtherSeed$21.6M83%
Oberon Fuels, Inc.OtherPre-Seed$9.0M83%
Fuel Worx, LLCOtherPre-Seed$5.8M82%
B New Fuels Holdings IncOther EnergySeries B$91.6M82%
Dakota Oil & Gas, Inc.OtherPre-Seed$2.0M82%
Combustion, LlcOtherSeed$15.4M82%
Frequently asked
How much funding has Swift Fuels, Llc raised?
Swift Fuels, Llc has raised approximately $92.0M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Swift Fuels, Llc's estimated valuation?
Provath's modeled valuation for Swift Fuels, Llc is approximately $117.0M (modeled range $81.2M–$141.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Swift Fuels, Llc at?
Swift Fuels, Llc's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Feb 26.
What does Swift Fuels, Llc do and where is it based?
Swift Fuels, Llc operates in the Other sector, based in SIOUX FALLS.
Explore related

See where Swift Fuels, Llc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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