Companies · Energy
Africa · Energy
Diligence memoA one-page analyst read on Arnergy — recommendation, valuation, rhythm, risks.→Arnergy has raised $9.0M over 1 round; too few niche peers to rank its valuation yet.
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.
Arnergy is one of 69 Energy companies tracked from Africa. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and among the largest by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
Nigerian distributed utility startup Arnergy has raised a US$9 million Series A round of funding to help it scale into new markets and verticals.
Nigerian distributed utility startup Arnergy has raised a US$9 million Series A round of funding to help it scale into new markets and verticals.
As reported in public records reported — not modeled.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M 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.
Benchmarked against 69 companies in 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.
Raised more than 81% of sector peers (real $). Modeled value above 90% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Wireless Electrical Grid LAN, WiGL Inc. | Series A | $10.0M | $105.6M | 1.11× |
| Arnergy this company | Series A | $9.0M | $95.1M | 1.00× |
| Tank Utility, Inc. | Series A | $8.0M | $9.8M | 0.10× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $9.0M | 2019-06-27 | $40.9M | $95.1M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Arnergy is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Wireless Electrical Grid LAN, WiGL Inc. | Energy | Series A | $10.0M | $105.6M | same sector · same stage |
| Tank Utility, Inc. | Energy | Series A | $8.0M | $9.8M | same sector · same stage |
| BlueLine Grid, Inc. | Energy | Series A | $10.3M | $25.9M | same sector · same stage |
| Utility Associates, Inc. | Energy | Series A | $11.4M | $50.7M | same sector · same stage |
| Power Grid Enterprises, Inc. | Energy | Series A | $14.0M | $42.4M | same sector · same stage |
| Grid Aero, Inc. | Energy | Series A | $5.6M | $20.1M | same sector · same stage |
| Johnson Energy Storage, Inc. | Energy | Series A | $14.5M | $3.4M | same sector · same stage |
| MineralSoft, Inc. | Energy | Series A | $5.2M | $54.5M | same sector · same stage |
See where Arnergy sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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