Companies · Energy Conservation

Ciralight Global, Inc.

IRVINE · Energy Conservation

Diligence memoA one-page analyst read on Ciralight Global, Inc. — recommendation, valuation, rhythm, risks.
$2.8M
Total raised · real
4
Rounds
0.6×
Latest step-up
Top 47%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jul 28 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Ciralight Global, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the climate/enviro 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 0.27× the median modeled value of Seed Energy Conservation companies in 2013–2015 (7 peers) — value vs value, same stage and era.
Dormant
  • Last raise 11.9 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal 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 Energy Conservation

Ciralight Global, Inc. is one of 254 Energy Conservation companies tracked from IRVINE. By capital raised it ranks mid-pack (ahead of 54% of sector peers), and in the long tail 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
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$13M$25M$38M$50MSeed · 2009-04-30 Raised $1.3M (real) Modeled valuation $35M (est)$1.3M$35MSeed2009Pre-Seed · 2009-04-30 Raised $762K (real) Modeled valuation $26M (est)$762K$26MPre-Seed2009Seed · 2010-08-24 Raised $472K (real) Modeled valuation $13M (est)$472K$13MSeed2010Seed · 2014-07-28 Raised $300K (real) Modeled valuation $8.1M (est)$300K$8.1MSeed2014+$762K+$472K+$300KCumulative $2.8M

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
Seed$1.3M · 2009
Bridge · Seed-stage$762K · 2009smaller follow-on
Seed extension$472K · 2010
Seed extension$300K · 2014

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$8.1M
Base estimate est.
$248K
Conservative case
$63.9M
Upside case
$1.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Seed · modeled $35.3M · 2009-04-302009Pre-Seed · modeled $25.7M · 2009-04-30Seed · modeled $12.8M · 2010-08-24Seed · modeled $8.1M · 2014-07-282014
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
37%
Survival probability
17% low · 57% high
1.57×/yr
Annual markup
2.05×/yr upside case
6.0 yr
Elapsed time used
11.9 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$541K/yr
Capital velocity
17.2 yr
On record since
2009
First round
4
Rounds on file
How it compares to the market

Benchmarked against 254 companies in Energy Conservation. 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) 1.1× above median
This company$2.8M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$300K
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$8.1M
Sector median$27.1M

Raised more than 54% of sector peers (real $). Modeled value above 28% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #6 of 7.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Energy Pioneer Solutions, Inc. · Seed Raised $7.0M · modeled $67.8M (est)Barcol-Air Ltd · Seed Raised $3.0M · modeled $54.3M (est)Sustainable Real Estate Solutions, Inc. · Seed Raised $2.6M · modeled $35.6M (est)Gas Separation Technologies, Inc. · Seed Raised $1.1M · modeled $30.7M (est)GreenFire Energy, Inc. · Seed Raised $1.1M · modeled $28.9M (est)Slingshot Power, PBC · Seed Raised $2.3M · modeled $6.8M (est)Ciralight Global, Inc. (this company) Raised $2.8M · modeled $8.1M (est)Ciralight Global, Inc.
CompanyStageRaised · realValue · estvs peer med.
Energy Pioneer Solutions, Inc.Seed$7.0M$67.8M2.21×
Barcol-Air LtdSeed$3.0M$54.3M1.77×
Sustainable Real Estate Solutions, Inc.Seed$2.6M$35.6M1.16×
Gas Separation Technologies, Inc.Seed$1.1M$30.7M1.00×
GreenFire Energy, Inc.Seed$1.1M$28.9M0.94×
Ciralight Global, Inc. this companySeed$2.8M$8.1M0.27×
Slingshot Power, PBCSeed$2.3M$6.8M0.22×
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.
Seed$1.3M2009-04-30$6.5M$35.3M90%
Pre-Seed$762K2009-04-30$4.2M$25.7M90%
Seed$472K2010-08-24$2.4M$12.8M90%
Seed$300K2014-07-28$1.5M$8.1M90%
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. Seed$1.3M2009-04-30
    • First recorded raise — entered as Seed.
  2. Pre-Seed$762K2009-04-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
  3. Seed$472K2010-08-24
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
  4. Seed$300K2014-07-28
    • Raised again after 47 mo — slower than the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
Intelligence
2016 ~Q2
Modeled next raise · ~21mo cadence
$300K
Modeled next size est.range $300K$480K
0.6×
Last step-up
$541K/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
Randall M. Letcavage2 other2009-04
Frederick Scot Feck2014-07
Frederick Scott Feck2009-04
FREDERICK S FECK2010-08
Fredrick Scott Feck2009-04
JEFFREY S BRAIN2010-08
Jeffrey Scott Brain2009-04
Jeff Scott Brain2009-04
Larry Scot Eisenberg2014-07
Richard Scot Katz2014-07
Terry Scot Adams2014-07
William Scot Robinson, Jr.2014-07
Registry & provenance

Ciralight Global, 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
1463961
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
BrightCore Holdings, LLCEnergy ConservationSeed$2.9M$78.0Msame sector · same stage
Cng 2023 Stations, LlcEnergy ConservationSeed$2.8M$15.7Msame sector · same stage
Unique Electric Solutions, Inc.Energy ConservationSeed$2.8M$35.2Msame sector · same stage
Gridway Energy Holdings, Inc.Energy ConservationSeed$3.0M$80.6Msame sector · same stage
Barcol-Air LtdEnergy ConservationSeed$3.0M$54.3Msame sector · same stage
Flyback Energy, Inc.Energy ConservationSeed$3.0M$5.5Msame sector · same stage
Thiozen Inc.Energy ConservationSeed$3.0M$54.4Msame sector · same stage
Soladyne Capital, Inc.Energy ConservationSeed$2.6M$4.8Msame sector · same stage
Frequently asked
How much funding has Ciralight Global, Inc. raised?
Ciralight Global, Inc. has raised approximately $2.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Ciralight Global, Inc.'s estimated valuation?
Provath's modeled valuation for Ciralight Global, Inc. is approximately $8.1M (modeled range $248K–$63.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ciralight Global, Inc. at?
Ciralight Global, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jul 28.
What does Ciralight Global, Inc. do and where is it based?
Ciralight Global, Inc. operates in the Energy Conservation sector, based in IRVINE.
Explore related

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