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Lettermen's Energy

Carmel, US · Founded 2021 · 1 known investors

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Lettermen's Energy is a platform and consolidator for propane retailers and distributors, helping independent propane businesses optimize operations and achieve growth through acquisition and strategic partnership. The company manages 18 brands across 16 states with a focus on propane sustainability and industry consolidation.

Founders & leadership

SWSteve Wambold
Steve WamboldCEO
RSRandy Schott
Randy SchottinChief Operating OfficerRandy Schott is Executive Officer at Lettermen's Energy, a platform consolidating propane retailers and distributors across 16 states. He has held senior operational and strategic leadership roles in startup, turnaround, and high-growth environments, with experience driving organizational transformation and operational performance alignment.
BRBill Ruisinger
Bill RuisingerinChief Financial Officer and Co-Founder

Board

BK
Brian KerrBoard director
KA
Ken AtchleyBoard director
EBEric Bruun
Eric BruuninManagerPartner at CID Capital
EDEric Derheimer
Eric DerheimerBoard directorManaging Partner at CID Capital

Investors · 1

Reported raises · per SEC filings

Form D private placements

$71.9M disclosed across 4 rounds · 2021–2024

$9MraisedOct 2024 · 10 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve WamboldExecutive Officer
  • Brian KerrDirector
  • Randy SchottExecutive Officer
  • Ken AtchleyDirector
  • Bill RuisingerExecutive Officer
  • Eric BruunExecutive Officer, Director
  • Eric DerheimerExecutive Officer, Director
Offering amount
$9M
Amount sold
$9M
First sale
Oct 2024
Incorporated
Limited Liability Company, Delaware, 2021
Federal exemptions
06b, 3C, 3C.1
Full filing on SEC EDGAR ↗
$5.4MraisedAug 2022 · 12 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Randy SchottExecutive Officer
  • Eric BruunExecutive Officer, Director
  • Ken AtchleyDirector
  • Bill RuisingerExecutive Officer
  • Brian KerrDirector
  • Steve WamboldExecutive Officer, Director
  • Eric DerheimerExecutive Officer, Director
Offering amount
$5.4M
Amount sold
$5.4M
First sale
Aug 2022
Incorporated
Limited Liability Company, Delaware, 2021
Federal exemptions
06b, 3C, 3C.1
Full filing on SEC EDGAR ↗
$31.5MraisedJul 2021 · 15 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Randy SchottExecutive Officer
  • Bill RuisingerExecutive Officer
  • Eric DerheimerExecutive Officer, Director
  • Brian KerrDirector
  • Eric BruunExecutive Officer, Director
  • Ken AtchleyDirector
Offering amount
$31.5M
Amount sold
$31.5M
First sale
Jun 2021
Incorporated
Limited Liability Company, Delaware, 2021
Federal exemptions
06b, 3C, 3C.1
Full filing on SEC EDGAR ↗
$26MraisedApr 2021 · 10 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Ken AtchleyDirector
  • Eric DerheimerExecutive Officer, Director
  • Eric BruunExecutive Officer, Director
  • Bill RuisingerExecutive Officer
  • Brian KerrDirector
  • Randy SchottExecutive Officer
Offering amount
$26M
Amount sold
$26M
First sale
Apr 2021
Incorporated
Limited Liability Company, Delaware, 2021
Federal exemptions
06b, 3C, 3C.1
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Lettermen's Energy do?
Lettermen's Energy is a platform and consolidator for propane retailers and distributors, helping independent propane businesses optimize operations and achieve growth through acquisition and strategic partnership. The company manages 18 brands across 16 states with a focus on propane sustainability and industry consolidation.
Who are Lettermen's Energy's investors?
Lettermen's Energy's investors include CID Capital.
How much funding has Lettermen's Energy raised?
Lettermen's Energy has disclosed $71.9M raised across 4 rounds.
Where is Lettermen's Energy headquartered?
Lettermen's Energy is headquartered in Carmel, US.