Companies · Energy Conservation

Inovus Solar, Inc.

BOISE · Energy Conservation

Diligence memoA one-page analyst read on Inovus Solar, Inc. — recommendation, valuation, rhythm, risks.
$3.6M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 43%
Sector rank · raised
Seed
Latest stage · inferred · Thu Apr 21 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Inovus Solar, Inc. 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 climate/enviro 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 0.34× the median modeled value of Seed Energy Conservation companies in 2016–2018 (13 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.2 yr ago; this sector typically re-raises about every 11 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 Energy Conservation

Inovus Solar, Inc. is one of 254 Energy Conservation companies tracked from BOISE. By capital raised it ranks mid-pack (ahead of 58% 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.

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$25M$50M$75M$100MSeed · 2012-02-02 Raised $2.2M (real) Modeled valuation $58M (est)$2.2M$58MSeed2012Seed · 2013-08-05 Raised $822K (real) Modeled valuation $22M (est)$822K$22MSeed2013Seed · 2016-04-21 Raised $675K (real) Modeled valuation $18M (est)$675K$18MSeed2016+$822K+$675KCumulative $3.6M

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$2.2M · 2012
Seed extension$822K · 2013
Seed extension$675K · 2016

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
$18.3M
Base estimate est.
$559K
Conservative case
$143.7M
Upside case
$3.4M
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.

Seed · modeled $58.3M · 2012-02-022012Seed · modeled $22.3M · 2013-08-05Seed · modeled $18.3M · 2016-04-212016
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
10.2 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$865K/yr
Capital velocity
14.4 yr
On record since
2012
First round
3
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$3.6M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$675K
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$18.3M
Sector median$27.1M

Raised more than 58% of sector peers (real $). Modeled value above 46% 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 #12 of 13.

This companyCohort peer
$10.0M$100.0M$1.0B$100K$1.0M$10.0MCapital raised (log)Aurea Lighting LLC · Seed Raised $3.5M · modeled $95.0M (est)BrightCore Holdings, LLC · Seed Raised $2.9M · modeled $78.0M (est)EnergySage, Inc. · Seed Raised $4.8M · modeled $73.5M (est)Optec International, Inc. · Seed Raised $2.5M · modeled $67.8M (est)Nygra Coatings LLC · Seed Raised $2.5M · modeled $67.8M (est)Joule Capital, LLC · Seed Raised $2.3M · modeled $62.4M (est)Bambu Way LLC · Seed Raised $2.0M · modeled $54.3M (est)Efficiency Network, Inc. · Seed Raised $5.8M · modeled $40.7M (est)Cool Energy, Inc. · Seed Raised $2.5M · modeled $39.8M (est)Znergy, Inc. · Seed Raised $1.1M · modeled $30.4M (est)American Wind, Inc. · Seed Raised $1.1M · modeled $27.8M (est)Inovus Solar, Inc. (this company) Raised $3.6M · modeled $18.3M (est)Inovus Solar, Inc.
CompanyStageRaised · realValue · estvs peer med.
Aurea Lighting LLCSeed$3.5M$95.0M1.75×
BrightCore Holdings, LLCSeed$2.9M$78.0M1.44×
EnergySage, Inc.Seed$4.8M$73.5M1.35×
Optec International, Inc.Seed$2.5M$67.8M1.25×
Nygra Coatings LLCSeed$2.5M$67.8M1.25×
Joule Capital, LLCSeed$2.3M$62.4M1.15×
Bambu Way LLCSeed$2.0M$54.3M1.00×
Efficiency Network, Inc.Seed$5.8M$40.7M0.75×
Cool Energy, Inc.Seed$2.5M$39.8M0.73×
Znergy, Inc.Seed$1.1M$30.4M0.56×
American Wind, Inc.Seed$1.1M$27.8M0.51×
Inovus Solar, Inc. this companySeed$3.6M$18.3M0.34×
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$2.2M2012-02-02$10.8M$58.3M90%
Seed$822K2013-08-05$4.1M$22.3M90%
Seed$675K2016-04-21$3.4M$18.3M90%
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$2.2M2012-02-02
    • First recorded raise — entered as Seed.
  2. Seed$822K2013-08-05
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
  3. Seed$675K2016-04-21
    • Raised again after 33 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2018 ~Q2
Modeled next raise · ~25mo cadence
$675K
Modeled next size est.range $675K$1.1M
0.8×
Last step-up
$865K/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
Mark Turner4 other2012-02
Henry Lin2 other2016-04
Tim Cavanaugh2 other2016-04
Bruce Eastman1 other2012-02
Clay H. Young1 other2013-08
Clay Young1 other2012-02
Doug Stewart1 other2016-04
Randy Boduch2016-04
Registry & provenance

Inovus Solar, 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
1436762
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
Silent Power, Inc.Energy ConservationSeed$3.6M$40.7Msame sector · same stage
Hy-Drive Technologies LtdEnergy ConservationSeed$3.8M$102.6Msame sector · same stage
Aurea Lighting LLCEnergy ConservationSeed$3.5M$95.0Msame sector · same stage
Windtronics, LLCEnergy ConservationSeed$4.0M$89.6Msame sector · same stage
Efficient Energy America, Inc.Energy ConservationSeed$3.3M$89.8Msame sector · same stage
Ney-Li Funding Corp LlcEnergy ConservationSeed$3.3M$89.5Msame sector · same stage
Cng Master Bus, LlcEnergy ConservationSeed$3.3M$83.1Msame sector · same stage
Cedara Inc.Energy ConservationSeed$4.1M$7.7Msame sector · same stage
Frequently asked
How much funding has Inovus Solar, Inc. raised?
Inovus Solar, Inc. has raised approximately $3.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Inovus Solar, Inc.'s estimated valuation?
Provath's modeled valuation for Inovus Solar, Inc. is approximately $18.3M (modeled range $559K–$143.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Inovus Solar, Inc. at?
Inovus Solar, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Apr 21.
What does Inovus Solar, Inc. do and where is it based?
Inovus Solar, Inc. operates in the Energy Conservation sector, based in BOISE.
Explore related

See where Inovus Solar, 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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