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NEIF Class CF 2.0 Preferred Equity Certificates - 5th Offer logo

NEIF Class CF 2.0 Preferred Equity Certificates - 5th Offer

Raising nowOperating

National Energy Improvement Fund, LLC

Energy & Cleantech · Allentown, PA

National Energy Improvement Fund is a non-bank lender that finances energy efficiency and resilience upgrades such as HVAC, roofing, lighting and battery storage. It offers point-of-purchase loans to homeowners through approved contractors, commercial financing typically as a utility program administrator, and advance funding to contractors for rebates.

Raising nowRaising now on Honeycomb

This company has an open fundraising round.

$85K raised23 days left
View the live round
Estimated pre-money ⓘ
$3.7M
As of Feb 2026 · from Reg CF Offering (2026) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$12,865,110
Crowd $4.9M · Private $8.0M · 15 rounds since 2017
Latest share price
$1,000.00
Reg CF · Preferred Stock · Jul 2026 offering price

Financials

FY2018–FY2025 · from SEC filings · hover any figure for its source
$812K
−$857K
2018
$810K
−$1.3M
2019
$1.1M
−$1.4M
2020
$1.4M
−$1.1M
2021
$2.3M
$58K
2022
$4.0M
$249K
2023
$6.4M
−$944K
2024
$4.3M
−$1.1M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 unaudited
FY2019 unaudited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$811,900
$809,910
$1,091,101
$1,371,375
$2,320,281
$3,977,174
$6,363,365
$4,272,765
Cost of goods sold
$0
$0
$0
$0
$0
$0
$0
$0
Gross margin
100%
100%
100%
100%
100%
100%
100%
100%
Net income
-$856,733
-$1,278,366
-$1,354,093
-$1,092,402
$58,244
$248,822
-$944,365
-$1,101,693
Taxes paid
$0
$0
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$1,383,265
$623,044
$919,186
$738,153
$1,186,787
$808,412
$3,733,914
$2,829,290
Accounts receivable
$139,378
$71,054
$126,607
$190,884
$238,407
$1,334,137
$713,595
$2,797,105
Total assets
$2,767,829
$2,424,643
$3,312,987
$4,626,707
$7,102,379
$9,135,748
$19,466,749
$27,734,818
Short-term debt
$0
$0
$450,600
$0
$0
$250,000
$0
$0
Long-term debt
$0
$0
$171,000
$1,205,000
$1,205,000
$1,167,947
$10,434,316
$17,094,657
Total liabilities
$0
$0
$621,600
$1,205,000
$1,205,000
$1,417,947
$10,434,316
$17,094,657
Other
Headcount
—
17
20
20
22
30
34
34

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$3.7M
est. pre-money
$3.7M
est. pre-money
$3.7M
est. pre-money
Reg CF · Preferred · Apr 2025
Reg CF · Preferred · Sep 2025
Reg CF · Preferred · Feb 2026

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$1,000.00$500.00$1,000.00
Oct 2021Jul 2026
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 31, 2024
Class CF 2.0 Preferred Equity Investment Certificates · 33.7%Class A-1 Preferred · 11.3%Class B Preferred Term Units · 5.38%Class F Preferred Term Units · 1.31%Class E Preferred Term Units · 1.04%Class A Perpetual Preferred Units · 0.36%Class C Common · 27.2%Class D Common · 19.7%
ClassOutstandingVotes / shareShare of totalVotesLiquidationDividendLast price
Class CF 2.0 Preferred Equity Investment Certificatespreferred745none33.7%0%paid 6th7%$1,000.00Jul 2026
Class A-1 Preferredpreferred250none11.3%0%—7.25%—
Class B Preferred Term Unitspreferred119none5.38%0%—7%—
Class F Preferred Term Unitspreferred29none1.31%0%—8.5%—
Class E Preferred Term Unitspreferred23none1.04%0%—8.5% cumulative—
Class A Perpetual Preferred Unitspreferred8none0.36%0%—4%—
Class C Common601127.2%100.0%———
Class D Common435none19.7%0%———
Total2,210100%100%

Principal holders% as the filing states it, Apr 30, 2026

  • Matthew H. Brown300.44 Class C Common50.0%of votes
  • Matthew H. Brown0.05 Class D Common50.0%of votes
  • Peter J. Krajsa300.44 Class C Common50.0%of votes
  • Peter J. Krajsa0.05 Class D Common50.0%of votes

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $85.2K / $1M
Raised $471.2K / $1MEst. pre-money $3.7M
Raised $776.2K / $1MEst. pre-money $3.7M
Raised $775.6K / $1MEst. pre-money $3.7M
Reg CF · Preferred Stock · May 2024Closedvia Raise Green, Inc.
Raised $258K / $1.3M
Raised $7.5MInvestors 1
Reg CF · Preferred Stock · Jan 2024Closedvia Raise Green, Inc.
Raised $447K / $1.3M
Reg CF · Preferred Stock · Oct 2023Closedvia Raise Green, Inc.
Raised $497K / $1.3M
Reg CF · Preferred Stock · Oct 2022Closedvia Raise Green, Inc.
Raised $325K / $2M
Reg CF · Preferred Stock · Oct 2021Closedvia Raise Green, Inc.
Raised $810K / $2M
Reg CF · Debt · Mar 2021Closedvia Raise Green, Inc.
Raised $137K / $250KInvestors 39
Reg CF · Debt · Oct 2020Closedvia Raise Green, Inc.
Raised $97K / $250KInvestors 19
Reg CF · Debt · Aug 2020Closedvia Raise Green, Inc.
Raised $62K / $250KInvestors 28
Reg CF · Debt · Jul 2020Closedvia Raise Green, Inc.
Raised $109K / $250KInvestors 38
Raised $515KInvestors 2

Team

3 people
Laura Nelson
Chief Operating Officer
Matthew Brown
Co-Chair and Managing Member
Peter Krajsa
Managing Member

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 6 of 6 annual reports (FY2020–FY2025)

39 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form CJul 31, 20260001727750-26-000007
    EDGAR
  • Form C/AMay 6, 20260001727750-26-000006
    EDGAR
  • Form C/AApr 30, 20260001727750-26-000005
    EDGAR
  • Form C-ARApr 30, 20260001727750-26-000004
    EDGAR
  • Form C/AFeb 23, 20260001727750-26-000003
    EDGAR
  • Form CFeb 19, 20260001727750-26-000002
    EDGAR
  • Form C-UJan 29, 20260001727750-26-000001
    EDGAR
  • Form CSep 15, 20250001727750-25-000002
    EDGAR
Source: SEC EDGARCIK 0001727750PAShare price $1,000.00Last synced Aug 17, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.