Companies · Energy Conservation

Hy-Drive Technologies Ltd

Mississauga · Energy Conservation

Diligence memoA one-page analyst read on Hy-Drive Technologies Ltd — recommendation, valuation, rhythm, risks.
$3.8M
Total raised · real
1
Rounds
Latest step-up
Top 42%
Sector rank · raised
Seed
Latest stage · inferred · Wed May 19 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

Hy-Drive Technologies Ltd looks over-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 climate/enviro sector profile.

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

Over-valued
  • Modeled value is 2.19× the median modeled value of Seed Energy Conservation companies in 2010–2012 (24 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.1 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Energy Conservation

Hy-Drive Technologies Ltd is one of 254 Energy Conservation companies tracked from Mississauga. By capital raised it ranks mid-pack (ahead of 59% 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$50M$100M$150M$200MSeed · 2010-05-19 Raised $3.8M (real) Modeled valuation $103M (est)$3.8M$103MSeed2010

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
Seed$3.8M · 2010

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$102.6M
Base estimate est.
$3.1M
Conservative case
$805.2M
Upside case
$18.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). 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
20%
Dilution assumption
Implied ownership sold in the financing.
37%
Survival probability
17% low · 57% high
1.57×/yr
Annual markup
2.05×/yr upside case
6.0 yr
Elapsed time used
16.1 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
16.1 yr
On record since
2010
First round
1
Rounds on file
How it compares to the market

Benchmarked against 254 companies in Energy Conservation. 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) 1.5× above median
This company$3.8M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.4× above median
This company$3.8M
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 3.8× above median
This company$102.6M
Sector median$27.0M

Raised more than 59% of sector peers (real $). Modeled value above 82% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #1 of 24.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Efficient Energy America, Inc. · Seed Raised $3.3M · modeled $89.8M (est)Ney-Li Funding Corp Llc · Seed Raised $3.3M · modeled $89.5M (est)PlotWatt, Inc. · Seed Raised $4.1M · modeled $81.4M (est)Gridway Energy Holdings, Inc. · Seed Raised $3.0M · modeled $80.6M (est)Athena Global Energy Solutions, Inc. · Seed Raised $5.0M · modeled $68.2M (est)Safari Energy Holdings, LLC · Seed Raised $2.5M · modeled $67.8M (est)Systel Global Holdings, Inc. · Seed Raised $2.5M · modeled $67.8M (est)Green Generation Solutions, LLC · Seed Raised $2.0M · modeled $54.3M (est)Energy, Inc. · Seed Raised $2.0M · modeled $54.3M (est)Fleet Street Energy, LLC · Seed Raised $1.9M · modeled $51.6M (est)Eco Power Solutions (USA) Corp. · Seed Raised $8.7M · modeled $47.5M (est)Hy-Drive Technologies Ltd (this company) Raised $3.8M · modeled $102.6M (est)Hy-Drive Technologies Ltd
CompanyStageRaised · realValue · estvs peer med.
Hy-Drive Technologies Ltd this companySeed$3.8M$102.6M2.19×
Efficient Energy America, Inc.Seed$3.3M$89.8M1.92×
Ney-Li Funding Corp LlcSeed$3.3M$89.5M1.91×
PlotWatt, Inc.Seed$4.1M$81.4M1.74×
Gridway Energy Holdings, Inc.Seed$3.0M$80.6M1.72×
Athena Global Energy Solutions, Inc.Seed$5.0M$68.2M1.46×
Safari Energy Holdings, LLCSeed$2.5M$67.8M1.45×
Systel Global Holdings, Inc.Seed$2.5M$67.8M1.45×
Green Generation Solutions, LLCSeed$2.0M$54.3M1.16×
Energy, Inc.Seed$2.0M$54.3M1.16×
Fleet Street Energy, LLCSeed$1.9M$51.6M1.10×
Eco Power Solutions (USA) Corp.Seed$8.7M$47.5M1.01×
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.
Seed$3.8M2010-05-19$18.9M$102.6M90%
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. Seed$3.8M2010-05-19
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$6.1M
Modeled next size est.range $3.9M$9.7M
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
Daniel R. Doucette2010-05
David F. Merrion2010-05
Fred M. Florence2010-05
Hugo T. Sorensen2010-05
John H. O'Bireck2010-05
Peter H. Williams2010-05
Travis E. Bradford2010-05
William D. Mayo2010-05
Registry & provenance

Hy-Drive Technologies Ltd 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
1387457
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
Inovus Solar, Inc.Energy ConservationSeed$3.6M$18.3Msame sector · same stage
Silent Power, Inc.Energy ConservationSeed$3.6M$40.7Msame sector · same stage
Windtronics, LLCEnergy ConservationSeed$4.0M$89.6Msame sector · same stage
Aurea Lighting LLCEnergy ConservationSeed$3.5M$95.0Msame sector · same stage
Cedara Inc.Energy ConservationSeed$4.1M$7.7Msame sector · same stage
PlotWatt, Inc.Energy ConservationSeed$4.1M$81.4Msame sector · same stage
Karbon-X Corp.Energy ConservationSeed$4.3M$20.2Msame sector · same stage
Efficient Energy America, Inc.Energy ConservationSeed$3.3M$89.8Msame sector · same stage
Frequently asked
How much funding has Hy-Drive Technologies Ltd raised?
Hy-Drive Technologies Ltd has raised approximately $3.8M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Hy-Drive Technologies Ltd's estimated valuation?
Provath's modeled valuation for Hy-Drive Technologies Ltd is approximately $102.6M (modeled range $3.1M–$805.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hy-Drive Technologies Ltd at?
Hy-Drive Technologies Ltd's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed May 19.
What does Hy-Drive Technologies Ltd do and where is it based?
Hy-Drive Technologies Ltd operates in the Energy Conservation sector, based in Mississauga.
Explore related

See where Hy-Drive Technologies Ltd sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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