Companies · Other Energy

Bright Power, Inc.

New York · Other Energy

Diligence memoA one-page analyst read on Bright Power, Inc. — recommendation, valuation, rhythm, risks.
$32.3M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 15%
Sector rank · raised
Series B
Latest stage · inferred · Wed Sep 25 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Bright Power, Inc. looks under-valued against its niche peers and is quiet on financing cadence.

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.

Under-valued
  • Modeled value is 0.12× the median modeled value of Series B Other Energy companies in 2022–2024 (44 peers) — value vs value, same stage and era.
Quiet
  • Last raise 21 mo ago; this sector typically re-raises about every 12 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Energy

Bright Power, Inc. is one of 2049 Other Energy companies tracked from New York. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
13
Investors (latest)
2024-09-25
First sale
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries B · 2021-06-25 Raised $25M (real) Modeled valuation $242M (est)$25M$242MSeries B2021Seed · 2023-05-04 Raised $3.0M (real) Modeled valuation $16M (est)$3.0M$16MSeed2023Series B · 2023-05-04 Raised $4.1M (real) Modeled valuation $28M (est)$4.1M$28MSeries B2023Series B · 2024-09-25 Raised $2.9M (real) Modeled valuation $15M (est)$2.9M$15MSeries B2024+$3.0M+$4.1M+$2.9MCumulative $35M

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.

Financing ladder & sequence gaps
Series B$25.3M · 2021
Bridge · Series B-stage$3.0M · 2023smaller follow-on
Series B extension$4.1M · 2023
Series B extension$2.9M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$14.6M
Base estimate est.
$6.9M
Conservative case
$25.1M
Upside case
$16.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series B · modeled $242.4M · 2021-06-252021Seed · modeled $15.7M · 2023-05-04Series B · modeled $27.6M · 2023-05-04Series B · modeled $14.6M · 2024-09-252024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 79% high
1.22×/yr
Annual markup
1.47×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$9.9M/yr
Capital velocity
5.0 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 2049 companies in Other 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.

Total raised — vs sector median (real $, all stages) 9.4× above median
This company$32.3M
Sector median$3.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.2× of median
This company$2.9M
Sector median$19.1M
Modeled value — vs sector median (estimate, all stages) 0.9× of median
This company$14.6M
Sector median$17.0M

Raised more than 86% of sector peers (real $). Modeled value above 46% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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. This company ranks #42 of 44.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Pineapple Holdings, Inc. · Series B Raised $32.0M · modeled $264.3M (est)JTEC Energy, Inc. · Series B Raised $32.2M · modeled $246.4M (est)TMC the metals Co Inc. · Series B Raised $30.3M · modeled $232.6M (est)Cherry Street Holding Company, LLC · Series B Raised $27.8M · modeled $207.8M (est)Clean Hydrogen Works LA-1, L.L.C. · Series B Raised $30.0M · modeled $200.6M (est)Aether Fuels Pte. Ltd. · Series B Raised $36.9M · modeled $198.3M (est)Solv4 Energy AZ LLC · Series B Raised $25.0M · modeled $193.7M (est)Infinite Invention, Inc. · Series B Raised $65.4M · modeled $172.4M (est)Nebula Energy LLC · Series B Raised $27.0M · modeled $171.3M (est)VEIR, Inc. · Series B Raised $36.7M · modeled $165.3M (est)Apricus Generation, Inc. · Series B Raised $27.7M · modeled $154.9M (est)Perch Energy, Inc. · Series B Raised $31.6M · modeled $153.3M (est)Bright Power, Inc. (this company) Raised $32.3M · modeled $14.6M (est)Bright Power, Inc.
CompanyStageRaised · realValue · estvs peer med.
Pineapple Holdings, Inc.Series B$32.0M$264.3M2.14×
JTEC Energy, Inc.Series B$32.2M$246.4M2.00×
TMC the metals Co Inc.Series B$30.3M$232.6M1.88×
Cherry Street Holding Company, LLCSeries B$27.8M$207.8M1.68×
Clean Hydrogen Works LA-1, L.L.C.Series B$30.0M$200.6M1.63×
Aether Fuels Pte. Ltd.Series B$36.9M$198.3M1.61×
Solv4 Energy AZ LLCSeries B$25.0M$193.7M1.57×
Infinite Invention, Inc.Series B$65.4M$172.4M1.40×
Nebula Energy LLCSeries B$27.0M$171.3M1.39×
VEIR, Inc.Series B$36.7M$165.3M1.34×
Apricus Generation, Inc.Series B$27.7M$154.9M1.26×
Perch Energy, Inc.Series B$31.6M$153.3M1.24×
Bright Power, Inc. this companySeries B$32.3M$14.6M0.12×
Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$25.3M2021-06-25$140.6M$242.4M90%
Seed$3.0M2023-05-04$15.0M$15.7M90%
Series B$4.1M2023-05-04$23.0M$27.6M90%
Series B$2.9M2024-09-25$16.1M$14.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$25.3M2021-06-25
    • First recorded raise — entered as Series B.
    • 9 investors on this round.
  2. Seed$3.0M2023-05-04
    • Raised again after 22 mo — slower than the ~12 mo sector norm.
    • Round 8.4× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Series B$4.1M2023-05-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 9 investors on this round.
  4. Series B$2.9M2024-09-25
    • Raised 17 mo later, in step with the ~12 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 13 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~13mo cadence
$2.9M
Modeled next size est.range $2.9M$4.6M
0.7×
Last step-up
$9.9M/yr
Capital velocity

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.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Louis Schotsky2 other2021-06
Marc Khouzami2 other2021-06
Jeffrey Perlman1 other2021-06
Ajit Virk2021-06
Andrea Mancino2023-05
Andrew McNamara2021-06
Connor Laver2021-06
Jamil Ellis2021-06
Justin Pateman2023-05
Pietro Lomazzi2021-06
Pristine Johannessen2023-05
Sadie McKeown2023-05
Suzanne Kucera2021-06
Registry & provenance

Bright Power, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1873227
SEC CIK
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
Isun, Inc.Other EnergySeries B$37.3M$17.7Msame sector · same stage
DeNexus, Inc.Other EnergySeries B$40.1M$10.7Msame sector · same stage
eCullet IncOther TechnologySeries B$41.4M$70.0Mnetwork1 shared operator · same stage
Upstart Power, Inc.Other EnergySeries B$58.7M$10.2Msame sector · same stage
ZeoGas LLCOther EnergySeries B$62.4M$8.7Msame sector · same stage
Cobalt Technologies IncOther EnergySeries B$68.0M$10.4Msame sector · same stage
ZeaChem Inc.Other EnergySeries B$73.4M$9.7Msame sector · same stage
Xtreme Power Inc.Other EnergySeries B$98.4M$12.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Brightcore Energy LLCOther EnergySeries B$187.4M90%
Upower, Inc.Other EnergySeries B$290.1M88%
Farm to Flame Energy Inc.Other EnergyPre-Seed$707K87%
Sunwealth Power, Inc.Other EnergySeries A$6.8M87%
Big Moon Power, LLCOther EnergySeed$30.5M86%
Radiant Industries, IncOther EnergySeries D+$1.9B86%
Harvest Power, Inc.Other EnergySeries D+$72.3M86%
One Power CoOther EnergySeries A$22.4M86%
Frequently asked
How much funding has Bright Power, Inc. raised?
Bright Power, Inc. has raised approximately $32.3M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Bright Power, Inc.'s estimated valuation?
Provath's modeled valuation for Bright Power, Inc. is approximately $14.6M (modeled range $6.9M–$25.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bright Power, Inc. at?
Bright Power, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Sep 25.
What does Bright Power, Inc. do and where is it based?
Bright Power, Inc. operates in the Other Energy sector, based in New York.
Explore related

See where Bright Power, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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