Companies · Climate / Cleantech

Crossroads Solar Enterprises, Inc.

SOUTH BEND · Climate / Cleantech · refined from filed group “Other

Diligence memoA one-page analyst read on Crossroads Solar Enterprises, Inc. — recommendation, valuation, rhythm, risks.
$500K
Total raised · real
1
Rounds
Latest step-up
Top 53%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Feb 02 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Crossroads Solar Enterprises, Inc. looks fair against its niche peers and is at-risk 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.

Fair
  • Modeled value is 1.27× the median modeled value of Pre-Seed Climate / Cleantech companies in 2022–2024 (9 peers) — value vs value, same stage and era.
  • Within the normal band (127% of peer median) for its niche.
At-risk
  • Last raise 2.4 yr ago; this sector typically re-raises about every 9 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Climate / Cleantech

Crossroads Solar Enterprises, Inc. is one of 207 Climate / Cleantech companies tracked from SOUTH BEND. By capital raised it ranks mid-pack (ahead of 48% 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.

climate/cleantech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023
Year incorporated
2024-02-02
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2024-02-02 Raised $500K (real) Modeled valuation $2.7M (est)$500K$2.7MPre-Seed2024

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
Pre-Seed$500K · 2024

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

Modeled valuation trajectory
$2.7M
Base estimate est.
$306K
Conservative case
$10.1M
Upside case
$2.8M
Modeled post-money

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

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 51% high
1.67×/yr
Annual markup
2.27×/yr upside case
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.4 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 207 companies in Climate / Cleantech. 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) 0.1× of median
This company$500K
Sector median$8.1M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.3× above median
This company$500K
Sector median$393K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$2.7M
Sector median$59.7M

Raised more than 48% of sector peers (real $). Modeled value above 47% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #3 of 9.

This companyCohort peer
$100K$1.0M$10.0M$10K$100K$1.0M$10.0MCapital raised (log)Stable Foods · Pre-Seed Raised $600K · modeled $5.9M (est)Solarbox · Pre-Seed Raised $1.0M · modeled $3.5M (est)Battery Electron Transport Associates, Inc. · Pre-Seed Raised $347K · modeled $2.6M (est)Stardust Solar Energy Inc. · Pre-Seed Raised $605K · modeled $2.1M (est)Conductor Solar, Inc. · Pre-Seed Raised $1.2M · modeled $1.9M (est)Solar Transport Systems Inc. · Pre-Seed Raised $450K · modeled $1.7M (est)Battery Metals Streaming Corp. · Pre-Seed Raised $118K · modeled $1.7M (est)PIG Solar 1 LLC · Pre-Seed Raised $185K · modeled $977K (est)Crossroads Solar Enterprises, Inc. (this company) Raised $500K · modeled $2.7M (est)Crossroads Solar Enterprises, Inc.
CompanyStageRaised · realValue · estvs peer med.
Stable FoodsPre-Seed$600K$5.9M2.85×
SolarboxPre-Seed$1.0M$3.5M1.67×
Crossroads Solar Enterprises, Inc. this companyPre-Seed$500K$2.7M1.27×
Battery Electron Transport Associates, Inc.Pre-Seed$347K$2.6M1.24×
Stardust Solar Energy Inc.Pre-Seed$605K$2.1M1.00×
Conductor Solar, Inc.Pre-Seed$1.2M$1.9M0.91×
Solar Transport Systems Inc.Pre-Seed$450K$1.7M0.83×
Battery Metals Streaming Corp.Pre-Seed$118K$1.7M0.79×
PIG Solar 1 LLCPre-Seed$185K$977K0.47×
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.
Pre-Seed$500K2024-02-02$2.8M$2.7M90%
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. Pre-Seed$500K2024-02-02
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
Intelligence
Modeled next raise
$799K
Modeled next size est.range $519K$1.3M
Last step-up
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
Marty Whalen2024-02
Patrick Regan2024-02
Paul Carbery2024-02
Registry & provenance

Crossroads Solar Enterprises, 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
2015482
SEC CIK
2023
Incorporated
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
Solar Transport Systems Inc.Climate / CleantechPre-Seed$450K$1.7Msame sector · same stage
Stable FoodsClimate / CleantechPre-Seed$600K$5.9Msame sector · same stage
Stardust Solar Energy Inc.Climate / CleantechPre-Seed$605K$2.1Msame sector · same stage
Global Battery Materials Corp.Climate / CleantechPre-Seed$705K$1.7Msame sector · same stage
Surge Battery Metals Inc.Climate / CleantechPre-Seed$353K$666Ksame sector · same stage
Battery Electron Transport Associates, Inc.Climate / CleantechPre-Seed$347K$2.6Msame sector · same stage
Clean Energy Sauce LLCClimate / CleantechPre-Seed$315K$999Ksame sector · same stage
Airthium Inc.Climate / CleantechPre-Seed$800K$6.6Msame 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
Complete Solar, Inc.Climate / CleantechSeries A$244.6M86%
Final Mile Solar, LLCClimate / CleantechPre-Seed$8.4M86%
Solar Tech Energy Systems, Inc.Other EnergySeed$4.0M85%
Susquehanna Solar, LLCClimate / CleantechSeed$9.2M85%
Solar Energy Solutions, Inc.Other EnergyPre-Seed$3.0M85%
ETC Solar, Inc.Other EnergyPre-Seed$8.1M84%
Ascent Solar Technologies, Inc.Climate / CleantechSeries B$40.0M84%
Conductor Solar, Inc.Climate / CleantechPre-Seed$1.9M84%
Frequently asked
How much funding has Crossroads Solar Enterprises, Inc. raised?
Crossroads Solar Enterprises, Inc. has raised approximately $500K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Crossroads Solar Enterprises, Inc.'s estimated valuation?
Provath's modeled valuation for Crossroads Solar Enterprises, Inc. is approximately $2.7M (modeled range $306K–$10.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Crossroads Solar Enterprises, Inc. at?
Crossroads Solar Enterprises, Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Feb 02.
What does Crossroads Solar Enterprises, Inc. do and where is it based?
Crossroads Solar Enterprises, Inc. operates in the Climate / Cleantech sector, based in SOUTH BEND.
Explore related

See where Crossroads Solar Enterprises, 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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