Companies · Energy Conservation

Tri-Phase Drying Technologies, LLC

NORWALK · Energy Conservation

Diligence memoA one-page analyst read on Tri-Phase Drying Technologies, LLC — recommendation, valuation, rhythm, risks.
$438K
Total raised · real
1
Rounds
Latest step-up
Top 82%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Oct 31 2008 00:00:00 GMT+0000 (Coordinated Universal Time)

Tri-Phase Drying Technologies, LLC looks fair 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 climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.41× the median modeled value of Pre-Seed Energy Conservation companies in 2007–2009 (12 peers) — value vs value, same stage and era.
  • Within the normal band (141% of peer median) for its niche.
Dormant
  • Last raise 17.7 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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

Issuer-vehicle patternmedium confidence

Tri-Phase Drying Technologies, 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
17.7 yr record
Peak capital year was 2008 with $438K across 1 filings.
Market position
ahead of 19% of Energy Conservation peers
Capital scale is ahead of 19% of Energy Conservation peers; modeled value is above 43% 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 2008: $438K across 1 filings.
  • Largest single filing was $438K on 2008-10-31.
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 Energy Conservation

Tri-Phase Drying Technologies, LLC is one of 254 Energy Conservation companies tracked from NORWALK. By capital raised it ranks in the long tail (ahead of 19% of sector peers), and mid-pack 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$5.0M$10M$15M$20MPre-Seed · 2008-10-31 Raised $438K (real) Modeled valuation $15M (est)$438K$15MPre-Seed2008

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
Pre-Seed$438K · 2008

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$14.8M
Base estimate est.
$268K
Conservative case
$167.5M
Upside case
$2.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 51% high
1.67×/yr
Annual markup
2.27×/yr upside case
6.0 yr
Elapsed time used
17.7 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
17.7 yr
On record since
2008
First round
1
Rounds on file
How it compares to the market

Benchmarked against 254 companies in Energy Conservation. 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) 0.2× of median
This company$438K
Sector median$2.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.2× above median
This company$438K
Sector median$360K
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$14.8M
Sector median$27.0M

Raised more than 19% of sector peers (real $). Modeled value above 43% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #2 of 12.

This companyCohort peer
$1.0M$10.0M$100.0M$10K$100K$1.0M$10.0MCapital raised (log)Global Sun Partners Lp · Pre-Seed Raised $940K · modeled $31.7M (est)XChanger Companies, Inc. · Pre-Seed Raised $350K · modeled $11.8M (est)Turbulent Burners Inc. · Pre-Seed Raised $623K · modeled $10.9M (est)Turbulent Energy Inc. · Pre-Seed Raised $623K · modeled $10.9M (est)Turbulent Combustion LLC · Pre-Seed Raised $623K · modeled $10.9M (est)Semimaterials USA, Inc. · Pre-Seed Raised $300K · modeled $10.1M (est)Miraculous Motors Holdings, Llc · Pre-Seed Raised $250K · modeled $8.4M (est)Green Goo, Inc. · Pre-Seed Raised $250K · modeled $8.4M (est)EnerLume Energy Management Corp. · Pre-Seed Raised $150K · modeled $5.1M (est)Global Exchange Technologies, Inc. · Pre-Seed Raised $118K · modeled $4.0M (est)Enercon Resource Group LLC · Pre-Seed Raised $105K · modeled $3.5M (est)Tri-Phase Drying Technologies, LLC (this company) Raised $438K · modeled $14.8M (est)Tri-Phase Drying Technologies, LLC
CompanyStageRaised · realValue · estvs peer med.
Global Sun Partners LpPre-Seed$940K$31.7M3.02×
Tri-Phase Drying Technologies, LLC this companyPre-Seed$438K$14.8M1.41×
XChanger Companies, Inc.Pre-Seed$350K$11.8M1.12×
Turbulent Burners Inc.Pre-Seed$623K$10.9M1.04×
Turbulent Energy Inc.Pre-Seed$623K$10.9M1.04×
Turbulent Combustion LLCPre-Seed$623K$10.9M1.04×
Semimaterials USA, Inc.Pre-Seed$300K$10.1M0.96×
Miraculous Motors Holdings, LlcPre-Seed$250K$8.4M0.80×
Green Goo, Inc.Pre-Seed$250K$8.4M0.80×
EnerLume Energy Management Corp.Pre-Seed$150K$5.1M0.48×
Global Exchange Technologies, Inc.Pre-Seed$118K$4.0M0.38×
Enercon Resource Group LLCPre-Seed$105K$3.5M0.34×
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.
Pre-Seed$438K2008-10-31$2.4M$14.8M90%
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. Pre-Seed$438K2008-10-31
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$700K
Modeled next size est.range $455K$1.1M
Last step-up
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
Steve Shivvers2008-10
Walter W Smith2008-10
Registry & provenance

Tri-Phase Drying Technologies, 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
1507490
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
SPD Control Systems CorpEnergy ConservationPre-Seed$445K$6.6Msame sector · same stage
Cng Exchange Avenue, LlcEnergy ConservationPre-Seed$420K$14.2Msame sector · same stage
Cng 2022 Lexington, LlcEnergy ConservationPre-Seed$400K$4.1Msame sector · same stage
Redfeather Green Energy Development, Inc.Energy ConservationPre-Seed$400K$13.5Msame sector · same stage
DEEP Earth Energy Production Corp.Energy ConservationPre-Seed$395K$9.9Msame sector · same stage
Cng 2021 Elj, LlcEnergy ConservationPre-Seed$500K$8.8Msame sector · same stage
Cng B&H Trucks, LlcEnergy ConservationPre-Seed$500K$13.0Msame sector · same stage
Golden Grid Solutions, Inc.Energy ConservationPre-Seed$500K$767Ksame sector · same stage
Frequently asked
How much funding has Tri-Phase Drying Technologies, LLC raised?
Tri-Phase Drying Technologies, LLC has raised approximately $438K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Tri-Phase Drying Technologies, LLC's estimated valuation?
Provath's modeled valuation for Tri-Phase Drying Technologies, LLC is approximately $14.8M (modeled range $268K–$167.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tri-Phase Drying Technologies, LLC at?
Tri-Phase Drying Technologies, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Oct 31.
What does Tri-Phase Drying Technologies, LLC do and where is it based?
Tri-Phase Drying Technologies, LLC operates in the Energy Conservation sector, based in NORWALK.
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