Diligence memo · auto-generated · as of July 2, 2026
Voyager Horseshoe, LP
Voyager Horseshoe, LP looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Voyager Horseshoe, LP operates in Other Energy, based in HOUSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Voyager Horseshoe, LP has raised $14M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.0M on 2022-04-29.
Most recent recorded round closed around 2025-02-11.
Valuation (modeled)modeled
Provath models Voyager Horseshoe, LP at approximately $21M (range $8.2M–$40M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.09× the median modeled value of Series A Other Energy companies in 2025–2027 (43 peers) — value vs value, same stage and era. Within the normal band (109% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 33 months.
Last raise 17 mo ago; this sector typically re-raises about every 12 months.
Slightly overdue versus sector cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 75% of Other Energy peers (2049 compared).
Modeled value ranks above 55% of those peers.
Closest niche peers: Industrial Biomass Group LLC, Hixwood CFS Partners, LLC, Endolith Inc., Sora Fuel Corp, Sapphire Technologies, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.