Diligence memo · auto-generated · as of July 2, 2026
Andalay Solar, Inc.
Andalay Solar, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Andalay Solar, Inc. operates in Other Energy, based in San Jose.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Andalay Solar, Inc. has raised $850K in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $250K on 2013-12-19.
Most recent recorded round closed around 2014-02-25.
Valuation (modeled)modeled
Provath models Andalay Solar, Inc. at approximately $3.2M (range $127K–$37M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.74× the median modeled value of Pre-Seed Other Energy companies in 2013–2015 (87 peers) — value vs value, same stage and era. Within the normal band (74% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 2 months.
Last raise 12.3 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 24% of Other Energy peers (2049 compared).
Modeled value ranks above 18% of those peers.
Closest niche peers: Circular Energy, LP, Tbc I Llc, Radian Generation LLC, First Century Energy Holdings, Inc., Millennium Industries, LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.