Diligence memo · auto-generated · as of July 2, 2026
Complete Solar, Inc.
Complete Solar, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Complete Solar, Inc. operates in Climate / Cleantech, based in San Ramon.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Complete Solar, Inc. has raised $20M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $11M on 2020-01-31.
Most recent recorded round closed around 2020-01-31.
Valuation (modeled)modeled
Provath models Complete Solar, Inc. at approximately $245M (range $14M–$1.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.76× the median modeled value of Series A Climate / Cleantech companies in 2019–2021 (9 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 29 months.
Last raise 6.4 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: SunCulture, Zitara Technologies, Inc., Heimdal Inc., TGP Solar Investments, LLC, Easy Solar.
Peoplefiled
7 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.