Companies · Other Energy

Westland Distributing Partners II, LLC

Lakewood · Other Energy

Diligence memoA one-page analyst read on Westland Distributing Partners II, LLC — recommendation, valuation, rhythm, risks.
$17.9M
Total raised · real
2
Rounds
0.2×
Latest step-up
Top 22%
Sector rank · raised
Series B
Latest stage · inferred · Thu Jul 01 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Westland Distributing Partners II, 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 0.13× the median modeled value of Series B Other Energy companies in 2019–2021 (30 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.0 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

Westland Distributing Partners II, 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
6.3 yr record
Peak capital year was 2020 with $15.1M across 1 filings.
Market position
ahead of 79% of Other Energy peers
Capital scale is ahead of 79% of Other Energy peers; modeled value is above 59% 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 2020: $15.1M across 1 filings.
  • Largest single filing was $15.1M on 2020-03-06.
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

Westland Distributing Partners II, LLC is one of 2049 Other Energy companies tracked from Lakewood. By capital raised it ranks in the upper tier (ahead of 79% 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
Rule 506(b)
Reg D exemption
60
Investors (latest)
2020
Year incorporated
2021-07-01
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$50M$100M$150M$200MSeries B · 2020-03-06 Raised $15M (real) Modeled valuation $175M (est)$15M$175MSeries B2020Series B · 2021-07-01 Raised $2.8M (real) Modeled valuation $26M (est)$2.8M$26MSeries B2021+$2.8MCumulative $18M

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 B$15.1M · 2020
Series B extension$2.8M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$26.3M
Base estimate est.
$6.5M
Conservative case
$83.7M
Upside case
$15.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series B · modeled $175.3M · 2020-03-062020Series B · modeled $26.3M · 2021-07-012021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 79% high
1.22×/yr
Annual markup
1.47×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$13.5M/yr
Capital velocity
6.3 yr
On record since
2020
First round
2
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) 5.2× above median
This company$17.9M
Sector median$3.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.8M
Sector median$19.1M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$26.3M
Sector median$17.0M

Raised more than 79% of sector peers (real $). Modeled value above 59% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #28 of 30.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)CalBioGas Investors I LLC · Series B Raised $35.6M · modeled $412.9M (est)Crown Lng Holdings Llc · Series B Raised $40.0M · modeled $407.4M (est)PowerTeam Management Feeder, LLC · Series B Raised $30.2M · modeled $349.9M (est)Monarch Resource Partners Holdings LLC · Series B Raised $36.6M · modeled $320.8M (est)NG Advantage LLC · Series B Raised $50.6M · modeled $309.5M (est)Sunshine Silver Mining & Refining Corp · Series B Raised $37.0M · modeled $292.3M (est)BayoTech Holdings, LLC · Series B Raised $40.0M · modeled $286.7M (est)Resource Anadarko Royalties LLC · Series B Raised $23.8M · modeled $275.6M (est)Fuel Tech, Inc. · Series B Raised $25.8M · modeled $265.6M (est)Natural Power Concepts Commercial Inc. · Series B Raised $22.0M · modeled $255.3M (est)BHP Capital, Inc. · Series B Raised $22.0M · modeled $233.2M (est)Old Falls Group, LLC · Series B Raised $20.0M · modeled $232.1M (est)Westland Distributing Partners II, LLC (this company) Raised $17.9M · modeled $26.3M (est)Westland Distributing Partners II, LLC
CompanyStageRaised · realValue · estvs peer med.
CalBioGas Investors I LLCSeries B$35.6M$412.9M2.02×
Crown Lng Holdings LlcSeries B$40.0M$407.4M1.99×
PowerTeam Management Feeder, LLCSeries B$30.2M$349.9M1.71×
Monarch Resource Partners Holdings LLCSeries B$36.6M$320.8M1.57×
NG Advantage LLCSeries B$50.6M$309.5M1.51×
Sunshine Silver Mining & Refining CorpSeries B$37.0M$292.3M1.43×
BayoTech Holdings, LLCSeries B$40.0M$286.7M1.40×
Resource Anadarko Royalties LLCSeries B$23.8M$275.6M1.35×
Fuel Tech, Inc.Series B$25.8M$265.6M1.30×
Natural Power Concepts Commercial Inc.Series B$22.0M$255.3M1.25×
BHP Capital, Inc.Series B$22.0M$233.2M1.14×
Old Falls Group, LLCSeries B$20.0M$232.1M1.13×
Westland Distributing Partners II, LLC this companySeries B$17.9M$26.3M0.13×
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 B$15.1M2020-03-06$83.9M$175.3M90%
Series B$2.8M2021-07-01$15.3M$26.3M90%
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 B$15.1M2020-03-06
    • First recorded raise — entered as Series B.
    • 73 investors on this round.
  2. Series B$2.8M2021-07-01
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 5.5× smaller than the prior — bridge or down round.
    • 60 investors on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~16mo cadence
$2.8M
Modeled next size est.range $2.8M$4.4M
0.2×
Last step-up
$13.5M/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
Douglas Robinson6 other2020-03
Daniel Ogdon5 other2020-03
Michael Ogdon5 other2020-03
Jason Charles2020-03
Lou Braun2020-03
Registry & provenance

Westland Distributing Partners II, 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
1805845
SEC CIK
2020
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
Mytee, LLCManufacturingSeries B$19.9M$110.6Mnetwork3 shared operators · same stage
Serpentix Holdings, LLCOtherSeries B$31.5M$153.7Mnetwork3 shared operators · same stage
PSA Holdings, LLCOtherSeries A$19.5M$50.8Mnetwork3 shared operators
Robert & Sons Aluminum, LLCManufacturingSeries A$9.2M$65.3Mnetwork3 shared operators
Geronimo Energy Holdings, LLCOther EnergySeries B$22.3M$26.4Msame sector · same stage
Rhombus Energy Solutions, Inc.Other EnergySeries B$23.1M$34.0Msame sector · same stage
Pentadyne Power CorpOther EnergySeries B$24.0M$23.2Msame sector · same stage
Utility Innovation Holdings, Inc.Other EnergySeries B$33.4M$23.2Msame sector · same stage
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
Hydroland, Inc.Other EnergySeed$23.1M88%
Western Plains Energy LlcOther EnergySeed$4.8M88%
Westwater Resources, Inc.Other EnergySeries A$5.8M87%
Westland Distributing Partners LLCOtherSeries A$60.8M87%
Westland Resources, Inc.OtherSeries A$59.5M86%
Sunland America, Corp.Other EnergyPre-Seed$2.0M86%
K2 Energy Solutions, Inc.Other EnergySeed$15.6M85%
Wgl Holdings IncOther EnergySeries D+$590.5M85%
Frequently asked
How much funding has Westland Distributing Partners II, LLC raised?
Westland Distributing Partners II, LLC has raised approximately $17.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Westland Distributing Partners II, LLC's estimated valuation?
Provath's modeled valuation for Westland Distributing Partners II, LLC is approximately $26.3M (modeled range $6.5M–$83.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Westland Distributing Partners II, LLC at?
Westland Distributing Partners II, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Jul 01.
What does Westland Distributing Partners II, LLC do and where is it based?
Westland Distributing Partners II, LLC operates in the Other Energy sector, based in Lakewood.
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