Companies · Climate / Cleantech

Final Mile Solar, LLC

SALT LAKE CITY · Climate / Cleantech · refined from filed group “Other

Diligence memoA one-page analyst read on Final Mile Solar, LLC — recommendation, valuation, rhythm, risks.
$250K
Total raised · real
1
Rounds
Latest step-up
Top 57%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu May 24 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Final Mile Solar, LLC has raised $250K 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 climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 8.1 yr ago; this sector typically re-raises about every 9 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Final Mile Solar, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
8.1 yr record
Peak capital year was 2018 with $250K across 1 filings.
Market position
ahead of 44% of Climate / Cleantech peers
Capital scale is ahead of 44% of Climate / Cleantech peers; modeled value is above 56% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2018: $250K across 1 filings.
  • Largest single filing was $250K on 2018-05-24.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Final Mile Solar, LLC is one of 207 Climate / Cleantech companies tracked from SALT LAKE CITY. By capital raised it ranks mid-pack (ahead of 44% 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
1
Investors (latest)
2017
Year incorporated
2018-05-24
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$2.5M$5.0M$7.5M$10MPre-Seed · 2018-05-24 Raised $250K (real) Modeled valuation $8.4M (est)$250K$8.4MPre-Seed2018

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$250K · 2018

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

Modeled valuation trajectory
$8.4M
Base estimate est.
$153K
Conservative case
$95.6M
Upside case
$1.4M
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
6.0 yr
Elapsed time used
8.1 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
8.1 yr
On record since
2018
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) 0.0× of median
This company$250K
Sector median$8.1M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.6× of median
This company$250K
Sector median$393K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$8.4M
Sector median$59.7M

Raised more than 44% of sector peers (real $). Modeled value above 56% 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 companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0MCapital raised (log)Operant Solar Corp · Pre-Seed Raised $300K · modeled $10.1M (est)Target Solar, LLC · Pre-Seed Raised $300K · modeled $10.1M (est)Final Mile Solar, LLC (this company) Raised $250K · modeled $8.4M (est)Final Mile Solar, LLC
CompanyStageRaised · realValue · estvs peer med.
Operant Solar CorpPre-Seed$300K$10.1M1.00×
Target Solar, LLCPre-Seed$300K$10.1M1.00×
Final Mile Solar, LLC this companyPre-Seed$250K$8.4M0.83×
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$250K2018-05-24$1.4M$8.4M90%
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$250K2018-05-24
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$400K
Modeled next size est.range $260K$640K
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
Nathan Bendall2018-05
Registry & provenance

Final Mile Solar, LLC 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
1742881
SEC CIK
2017
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
Climate Every Mountain Ltd Liability CoClimate / CleantechPre-Seed$250K$3.9Msame sector · same stage
Operant Solar CorpClimate / CleantechPre-Seed$300K$10.1Msame sector · same stage
Target Solar, LLCClimate / CleantechPre-Seed$300K$10.1Msame sector · same stage
Patriot Battery Metals Inc.Climate / CleantechPre-Seed$207K$4.2Msame sector · same stage
SAVD Solar, Inc.Climate / CleantechPre-Seed$200K$478Ksame sector · same stage
Clean Energy Sauce LLCClimate / CleantechPre-Seed$315K$999Ksame sector · same stage
PIG Solar 1 LLCClimate / CleantechPre-Seed$185K$977Ksame sector · same stage
Battery Electron Transport Associates, Inc.Climate / CleantechPre-Seed$347K$2.6Msame 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$244.6M88%
Target Solar, LLCClimate / CleantechPre-Seed$10.1M86%
Crossroads Solar Enterprises, Inc.Climate / CleantechPre-Seed$2.7M86%
ETC Solar, Inc.Other EnergyPre-Seed$8.1M85%
Spectrum Solar, LLCOther EnergySeed$33.2M85%
Toledo Solar, Inc.Climate / CleantechSeries A$45.5M84%
CFW Solar X LLCOther EnergySeed$38.2M84%
Susquehanna Solar, LLCClimate / CleantechSeed$9.2M84%
Frequently asked
How much funding has Final Mile Solar, LLC raised?
Final Mile Solar, LLC has raised approximately $250K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Final Mile Solar, LLC's estimated valuation?
Provath's modeled valuation for Final Mile Solar, LLC is approximately $8.4M (modeled range $153K–$95.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Final Mile Solar, LLC at?
Final Mile Solar, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu May 24.
What does Final Mile Solar, LLC do and where is it based?
Final Mile Solar, LLC operates in the Climate / Cleantech sector, based in SALT LAKE CITY.
Explore related

See where Final Mile Solar, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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