Companies · Other Energy

X-Energy Management, LLCNew on the radar

Rockville · Other Energy

Diligence memoA one-page analyst read on X-Energy Management, LLC — recommendation, valuation, rhythm, risks.→
$22.8M
Total raised · real
1
Rounds
—
Latest step-up
Top 19%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jun 16 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

X-Energy Management, LLC looks fair 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. 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.

Fair
  • Modeled value is 1.04× the median modeled value of Series B Other Energy companies in 2025–2027 (25 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
Active
  • Last raise 13 mo ago; this sector typically re-raises about every 12 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

X-Energy Management, 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
1.3 yr record
Peak capital year was 2025 with $22.8M across 1 filings.
Market position
ahead of 82% of Other Energy peers
Capital scale is ahead of 82% of Other Energy peers; modeled value is above 82% 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 2025: $22.8M across 1 filings.
  • Largest single filing was $22.8M on 2025-06-16.
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.
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

X-Energy Management, LLC is one of 2049 Other Energy companies tracked from Rockville. By capital raised it ranks in the upper tier (ahead of 82% 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
74
Investors (latest)
2022
Year incorporated
2025-06-16
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 · 2025-06-16 Raised $23M (real) Modeled valuation $100M (est)$23M$100MSeries B2025

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$22.8M · 2025

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
$100.3M
Base estimate est.
$54.1M
Conservative case
$149.5M
Upside case
$126.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series B — a $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the energy 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.
65%
Survival probability
43% low · 79% high
1.22×/yr
Annual markup
1.47×/yr upside case
1.0 yr
Elapsed time used
1.0 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
1.3 yr
On record since
2025
First round
New
First-time filer
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)▲ 6.7× above median
This company$22.8M
Sector median$3.4M
Latest round — vs other Series B rounds in sector (real $, this stage)▲ 1.2× above median
This company$22.8M
Sector median$19.1M
Modeled value — vs sector median (estimate, all stages)▲ 5.9× above median
This company$100.3M
Sector median$17.0M

Raised more than 82% of sector peers (real $). Modeled value above 82% 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 #10 of 25.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)American Resources Corp · Series B Raised $74.2M · modeled $164.9M (est)Realta Fusion Inc. · Series B Raised $44.5M · modeled $160.2M (est)e2 Companies LLC · Series B Raised $55.0M · modeled $158.0M (est)Sinda Ltd. · Series B Raised $32.6M · modeled $132.4M (est)Cig Cs3, Llc · Series B Raised $30.5M · modeled $123.5M (est)ZincFive, Inc. · Series B Raised $110.4M · modeled $119.1M (est)Avalanche Energy Designs, Inc. · Series B Raised $57.7M · modeled $116.2M (est)Terrestrial Energy Inc. · Series B Raised $131.0M · modeled $112.6M (est)International Battery Company, Inc. · Series B Raised $40.9M · modeled $108.8M (est)Spark Community Investment Co · Series B Raised $29.2M · modeled $99.3M (est)Nuvve Holding Corp. · Series B Raised $35.5M · modeled $98.1M (est)X-Energy Management, LLC (this company) Raised $22.8M · modeled $100.3M (est)X-Energy Management, LLC
CompanyStageRaised · realValue · estvs peer med.
American Resources CorpSeries B$74.2M$164.9M1.71×
Realta Fusion Inc.Series B$44.5M$160.2M1.66×
e2 Companies LLCSeries B$55.0M$158.0M1.64×
Sinda Ltd.Series B$32.6M$132.4M1.37×
Cig Cs3, LlcSeries B$30.5M$123.5M1.28×
ZincFive, Inc.Series B$110.4M$119.1M1.24×
Avalanche Energy Designs, Inc.Series B$57.7M$116.2M1.21×
Terrestrial Energy Inc.Series B$131.0M$112.6M1.17×
International Battery Company, Inc.Series B$40.9M$108.8M1.13×
X-Energy Management, LLC this companySeries B$22.8M$100.3M1.04×
Spark Community Investment CoSeries B$29.2M$99.3M1.03×
Nuvve Holding Corp.Series B$35.5M$98.1M1.02×
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$22.8M2025-06-16$126.6M$100.3M90%
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$22.8M2025-06-16
    • First recorded raise — entered as Series B.
    • 74 investors on this round.
Intelligence
—
Modeled next raise
$36.5M
Modeled next size est.range $23.7M–$58.4M
—
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
Allyson Clay Satin——2025-06
Carter Clay Lawson——2025-06
Christopher Clay Ginther——2025-06
Daniel Clay Gross——2025-06
David Clay Kaplan——2025-06
Edward Clay Sonnenschein——2025-06
Gregory Clay Goff——2025-06
James Clay Hamilton——2025-06
J. Clay Sell——2025-06
Kamal Clay Ghaffarian——2025-06
Kathleen Clay Hyle——2025-06
Laura Clay Garcia——2025-06
Michael Clay Wallace——2025-06
Steven Clay Miller——2025-06
Registry & provenance

X-Energy Management, 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
2073997
SEC CIK
2022
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
SunGas Renewables Inc.Other EnergySeries B$23.0M$125.7Msame sector · same stage
NovoHydrogen Holdings LLCOther EnergySeries B$23.7M$146.9Msame sector · same stage
TRP-GS Renewables, LPOther EnergySeries B$24.0M$118.6Msame sector · same stage
Cicada Logistics LLCOther EnergySeries B$24.1M$136.1Msame sector · same stage
Advanced Ionics IncOther EnergySeries B$20.9M$106.3Msame sector · same stage
Greenstreet Equites IncOther EnergySeries B$25.0M$89.7Msame sector · same stage
Homeland Renewable Energy IncOther EnergySeries B$25.0M$89.7Msame sector · same stage
Rollis Business Group, Inc.Other EnergySeries B$25.0M$89.7Msame 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
X Energy Reactor Company, LLCOther EnergySeed$20.7M93%
XGS Energy, Inc.Other EnergySeries A$44.2M91%
Energy CX, LLCOther EnergySeed$5.4M89%
Xcimer Energy, Inc.Other EnergyPre-Seed$2.4M89%
East Point Energy, LLCOther EnergySeed$28.9M88%
XCF Global, Inc.Other EnergyPre-Seed$1.3M87%
Universal Energy Inc.Other EnergyPre-Seed$2.9M87%
Texas Green Energy, LLCOther EnergySeed$17.1M87%
Frequently asked
How much funding has X-Energy Management, LLC raised?
X-Energy Management, LLC has raised approximately $22.8M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is X-Energy Management, LLC's estimated valuation?
Provath's modeled valuation for X-Energy Management, LLC is approximately $100.3M (modeled range $54.1M–$149.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is X-Energy Management, LLC at?
X-Energy Management, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jun 16.
What does X-Energy Management, LLC do and where is it based?
X-Energy Management, LLC operates in the Other Energy sector, based in Rockville.
Explore related

See where X-Energy Management, 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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