Companies · Other Energy

HelioVolt Corp

AUSTIN · Other Energy

Diligence memoA one-page analyst read on HelioVolt Corp — recommendation, valuation, rhythm, risks.
$165.7M
Total raised · real
6
Rounds
0.5×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Thu Jun 20 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

HelioVolt Corp 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 energy 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 0.58× the median modeled value of Series C Other Energy companies in 2013–2015 (14 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.0 yr ago; this sector typically re-raises about every 12 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 Other Energy

HelioVolt Corp is one of 2048 Other Energy companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest 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$500M$1.0B$1.5B$2.0BSeries B · 2009-02-06 Raised $32M (real) Modeled valuation $366M (est)$32M$366MSeries B2009Series B · 2011-01-19 Raised $8.5M (real) Modeled valuation $99M (est)$8.5M$99MSeries B2011Series C · 2011-09-09 Raised $85M (real) Modeled valuation $1.0B (est)$85M$1.0BSeries C2011Series C · 2012-11-28 Raised $12M (real) Modeled valuation $146M (est)$12M$146MSeries C2012Series C · 2013-06-20 Raised $19M (real) Modeled valuation $227M (est)$19M$227MSeries C2013Series C · 2013-06-20 Raised $9.5M (real) Modeled valuation $114M (est)$9.5M$114MSeries C2013+$8.5M+$85M+$12M+$19M+$9.5MCumulative $166M

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
Series B$31.5M · 2009
Series B extension$8.5M · 2011
Series C$85.0M · 2011
Series C extension$12.2M · 2012
Series C extension$19.0M · 2013
Series C extension$9.5M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$227.5M
Base estimate est.
$69.8M
Conservative case
$599.4M
Upside case
$126.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series B · modeled $365.7M · 2009-02-062009Series B · modeled $98.9M · 2011-01-19Series C · modeled $1.0B · 2011-09-09Series C · modeled $145.8M · 2012-11-28Series C · modeled $227.5M · 2013-06-20Series C · modeled $113.7M · 2013-06-202013
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.16×/yr
Annual markup
1.33×/yr upside case
6.0 yr
Elapsed time used
13.0 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$37.9M/yr
Capital velocity
17.4 yr
On record since
2009
First round
6
Rounds on file
How it compares to the market

Benchmarked against 2048 companies in Other Energy. 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) 48× above median
This company$165.7M
Sector median$3.4M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$9.5M
Sector median$47.0M
Modeled value — vs sector median (estimate, all stages) 13× above median
This company$227.5M
Sector median$17.0M

Raised more than 97% of sector peers (real $). Modeled value above 90% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #10 of 14.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Sapphire Energy, Inc. · Series C Raised $92.0M · modeled $1.1B (est)Invenergy Miami Wind I Holdings LLC · Series C Raised $75.4M · modeled $902.8M (est)Solaris Oilfield Infrastructure, LLC · Series C Raised $60.0M · modeled $718.1M (est)Rose Rock Midstream, L.P. · Series C Raised $59.3M · modeled $709.6M (est)Sunnova Holdings, LLC · Series C Raised $52.7M · modeled $624.9M (est)Skyonic Corp · Series C Raised $110.5M · modeled $617.2M (est)Willbros Group, Inc.\NEW\ · Series C Raised $98.8M · modeled $401.3M (est)Arc Logistics Partners LP · Series C Raised $107.3M · modeled $386.7M (est)Boston Power Inc · Series C Raised $178.4M · modeled $239.5M (est)Wind Power Holdings Inc · Series C Raised $79.4M · modeled $53.4M (est)Beatrice Funding LLC · Series C Raised $50.0M · modeled $52.8M (est)HelioVolt Corp (this company) Raised $165.7M · modeled $227.5M (est)HelioVolt Corp
CompanyStageRaised · realValue · estvs peer med.
Sapphire Energy, Inc.Series C$92.0M$1.1B2.79×
Invenergy Miami Wind I Holdings LLCSeries C$75.4M$902.8M2.29×
Solaris Oilfield Infrastructure, LLCSeries C$60.0M$718.1M1.82×
Rose Rock Midstream, L.P.Series C$59.3M$709.6M1.80×
Sunnova Holdings, LLCSeries C$52.7M$624.9M1.59×
Skyonic CorpSeries C$110.5M$617.2M1.57×
Willbros Group, Inc.\NEW\Series C$98.8M$401.3M1.02×
Arc Logistics Partners LPSeries C$107.3M$386.7M0.98×
Boston Power IncSeries C$178.4M$239.5M0.61×
HelioVolt Corp this companySeries C$165.7M$227.5M0.58×
Wind Power Holdings IncSeries C$79.4M$53.4M0.14×
Beatrice Funding LLCSeries C$50.0M$52.8M0.13×
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.
Series B$31.5M2009-02-06$175.1M$365.7M90%
Series B$8.5M2011-01-19$47.3M$98.9M90%
Series C$85.0M2011-09-09$566.4M$1.0B90%
Series C$12.2M2012-11-28$81.2M$145.8M90%
Series C$19.0M2013-06-20$126.7M$227.5M90%
Series C$9.5M2013-06-20$63.3M$113.7M90%
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. Series B$31.5M2009-02-06
    • First recorded raise — entered as Series B.
  2. Series B$8.5M2011-01-19
    • Raised again after 23 mo — slower than the ~12 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
  3. Series C$85.0M2011-09-09
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 10.0× larger than the prior — scaling up.
  4. Series C$12.2M2012-11-28
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 7.0× smaller than the prior — bridge or down round.
  5. Series C$19.0M2013-06-20
    • Came back fast: 7 mo vs the ~12 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
  6. Series C$9.5M2013-06-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q2
Modeled next raise · ~10mo cadence
$9.5M
Modeled next size est.range $9.5M$15.2M
0.5×
Last step-up
$37.9M/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
Scott Sandell18 other2011-01
James Treybig2 other2011-01
Perry Ha2 other2011-09
Billy J. Stanbery1 other2009-02
Ken Pentimonti1 other2011-01
Louay Eldada1 other2011-01
Scott J. Sandell1 other2009-02
Tim Costello1 other2011-01
Arno J. Penzias2012-11
Billy Stanbery2011-01
Dong S. Kim2013-06
Dongsub J. Kim2012-11
Dongsub Kim2011-09
Henri Arif2011-01
Henri J. Arif2009-02
Henri Soo Arif2013-06
Iga Hallberg2011-01
Iga J. Hallberg2009-02
James J. Treybig2009-02
Jangwook Kim2011-09
Jim Flanary2011-01
Jim J. Flanary2009-02
June Soo Lee2013-06
Ken J. Pentimonti2009-02
Registry & provenance

HelioVolt Corp 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
1327854
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
SolFocus, Inc.Other EnergySeries C$217.1M$128.7Mnetwork2 shared operators · same sector · same stage
Enphase Energy, Inc.Other EnergySeries C$159.2M$261.7Msame sector · same stage
Standard Nuclear, Inc.Other EnergySeries C$159.0M$244.7Msame sector · same stage
Stronghold Digital Mining, Inc.Other EnergySeries C$173.2M$110.6Msame sector · same stage
Boston Power IncOther EnergySeries C$178.4M$239.5Msame sector · same stage
Aquion Energy, Inc.Other EnergySeries C$181.2M$397.5Msame sector · same stage
GOe3Other EnergySeries C$150.0M$333.5Msame sector · same stage
Viridi Parente, Inc.Other EnergySeries C$148.2M$104.9Msame sector · same stage
Frequently asked
How much funding has HelioVolt Corp raised?
HelioVolt Corp has raised approximately $165.7M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is HelioVolt Corp's estimated valuation?
Provath's modeled valuation for HelioVolt Corp is approximately $227.5M (modeled range $69.8M–$599.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is HelioVolt Corp at?
HelioVolt Corp's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Jun 20.
What does HelioVolt Corp do and where is it based?
HelioVolt Corp operates in the Other Energy sector, based in AUSTIN.
Explore related

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