Diligence memo · auto-generated · as of July 3, 2026
Advanced Thermovoltaic Systems, LLC
Advanced Thermovoltaic Systems, LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Advanced Thermovoltaic Systems, LLC operates in Other Energy, based in Fort Collins.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Advanced Thermovoltaic Systems, LLC has raised $762K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $762K on 2022-04-13.
Most recent recorded round closed around 2022-04-13.
Valuation (modeled)modeled
Provath models Advanced Thermovoltaic Systems, LLC at approximately $6.2M (range $483K–$41M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 3.06× the median modeled value of Pre-Seed Other Energy companies in 2022–2024 (84 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Last raise 4.2 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 23% of Other Energy peers (2049 compared).
Modeled value ranks above 28% of those peers.
Closest niche peers: Sol Clarity, Inc., Helios CoreShell Partners, LLC, Trinary Solar Group IV LLC, SunTrain, Inc., InSite Holding, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.