Diligence memo · auto-generated · as of July 2, 2026
Tbc Iii Llc
Tbc Iii Llc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Tbc Iii Llc operates in Other Energy, based in RICHMOND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Tbc Iii Llc has raised $3.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.3M on 2018-02-14.
Most recent recorded round closed around 2018-02-14.
Valuation (modeled)modeled
Provath models Tbc Iii Llc at approximately $42M (range $2.8M–$333M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.65× the median modeled value of Seed Other Energy companies in 2016–2018 (88 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 8.4 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 50% of Other Energy peers (2049 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: RigNet, Inc., Phoenix Services Topco, LLC, MT CB VS Long Beach Solar One, LLC, Lakeview Biodiesel LLC, Carbon Engineering Limited Partnership.
Peoplefiled
2 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.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.