Companies · Electric Utilities

Hawaiian Electric Co Inc

HONOLULU · Electric Utilities

Diligence memoA one-page analyst read on Hawaiian Electric Co Inc — recommendation, valuation, rhythm, risks.
$457.0M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 6%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Sep 13 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Hawaiian Electric Co Inc has raised $457M over 2 rounds; 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 utilities 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 13.8 yr ago; this sector typically re-raises about every 10 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 Electric Utilities

Hawaiian Electric Co Inc is one of 133 Electric Utilities companies tracked from HONOLULU. By capital raised it ranks among the largest (ahead of 95% of sector peers), and in the upper tier 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$1.3B$2.5B$3.8B$5.0BGrowth/Late · 2012-04-19 Raised $417M (real) Modeled valuation $4.1B (est)$417M$4.1BGrowth/Late2012Growth/Late · 2012-09-13 Raised $40M (real) Modeled valuation $397M (est)$40M$397MGrowth/Late2012+$40MCumulative $457M

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
Growth/Late$417.0M · 2012
Growth/Late extension$40.0M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$396.5M
Base estimate est.
$327.6M
Conservative case
$686.9M
Upside case
$400.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the utilities sector profile. Directional, not a quoted figure.

Growth/Late · modeled $4.1B · 2012-04-192012Growth/Late · modeled $396.5M · 2012-09-132012
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
95%
Survival probability
82% low · 98% high
1.01×/yr
Annual markup
1.10×/yr upside case
6.0 yr
Elapsed time used
13.8 yr actual, capped for stale marks
utilities
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$1.1B/yr
Capital velocity
14.2 yr
On record since
2012
First round
2
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Electric Utilities. 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) 57× above median
This company$457.0M
Sector median$8.0M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.1× of median
This company$40.0M
Sector median$458.5M
Modeled value — vs sector median (estimate, all stages) 10× above median
This company$396.5M
Sector median$39.4M

Raised more than 95% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Northeast UtilitiesGrowth/Late$1.8B$10.7B1.93×
Hawaiian Electric Co Inc this companyGrowth/Late$457.0M$396.5M0.07×
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.
Growth/Late$417.0M2012-04-19$4.2B$4.1B90%
Growth/Late$40.0M2012-09-13$400.0M$396.5M90%
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. Growth/Late$417.0M2012-04-19
    • First recorded raise — entered as Growth/Late.
  2. Growth/Late$40.0M2012-09-13
    • Came back fast: 5 mo vs the ~10 mo sector norm.
    • Round 10.4× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q1
Modeled next raise · ~5mo cadence
$40.0M
Modeled next size est.range $40.0M$64.0M
0.1×
Last step-up
$1.1B/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
Constance H. Lau1 other2012-04
Don E. Carroll1 other2012-04
Kelvin H. Taketa1 other2012-04
Peggy Y. Fowler1 other2012-04
Thomas B. Fargo1 other2012-04
Bert A. Kobayashi, Jr.2012-04
Darcy L. Endo-Omoto2012-04
Edward L. Reinhardt2012-04
Jay M. Ignacio2012-04
Jimmy D. Alberts2012-09
Lorie Ann L. Nagata2012-04
Lorie Ann U. Nagata2012-04
Micah A. Kane2012-09
Molly M. Egged2012-04
Patricia U. Wong2012-04
Patsy H. Nanbu2012-04
Richard M. Rosenblum2012-04
Robert A. Alm2012-04
Sharon M. Suzuki2012-09
Stephen M. McMenamin2012-04
Tayne S. Y. Sekimura2012-04
Timothy E. Johns2012-04
Registry & provenance

Hawaiian Electric Co 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
46207
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
Hawaiian Electric Industries IncElectric UtilitiesSeries D+$175.0M$481.5Mnetwork5 shared operators · same sector
OHm Geothermal LLCElectric UtilitiesGrowth/Late$430.0M$4.1Bsame sector · same stage
Firstenergy CorpElectric UtilitiesGrowth/Late$500.0M$5.0Bsame sector · same stage
Entegra TC LLCElectric UtilitiesGrowth/Late$521.1M$4.9Bsame sector · same stage
Gridiron Energy Feeder I, L.P.Electric UtilitiesGrowth/Late$900.0M$8.9Bsame sector · same stage
Gridiron Energy, LLCElectric UtilitiesGrowth/Late$900.0M$8.9Bsame sector · same stage
Base Electric & Water Corp.Electric UtilitiesGrowth/Late$1.1B$9.6Bsame sector · same stage
Vermont Transco LlcElectric UtilitiesSeries D+$434.7M$1.2Bsame sector
Frequently asked
How much funding has Hawaiian Electric Co Inc raised?
Hawaiian Electric Co Inc has raised approximately $457.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Hawaiian Electric Co Inc's estimated valuation?
Provath's modeled valuation for Hawaiian Electric Co Inc is approximately $396.5M (modeled range $327.6M–$686.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hawaiian Electric Co Inc at?
Hawaiian Electric Co Inc's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Sep 13.
What does Hawaiian Electric Co Inc do and where is it based?
Hawaiian Electric Co Inc operates in the Electric Utilities sector, based in HONOLULU.
Explore related

See where Hawaiian Electric Co 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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