Companies · Other Energy

Joi Scientific, Inc.

MERRITT ISLAND · Other Energy

Diligence memoA one-page analyst read on Joi Scientific, Inc. — recommendation, valuation, rhythm, risks.
$4.5M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 47%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jun 26 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Joi Scientific, 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 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 0.04× the median modeled value of Series A Other Energy companies in 2016–2018 (47 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.0 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

Joi Scientific, Inc. is one of 2049 Other Energy companies tracked from MERRITT ISLAND. By capital raised it ranks mid-pack (ahead of 54% of sector peers), and in the long tail 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2018-06-26
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$13M$25M$38M$50MSeries A · 2017-08-21 Raised $4.2M (real) Modeled valuation $44M (est)$4.2M$44MSeries A2017Seed · 2017-08-21 Raised $2.0M (real) Modeled valuation $26M (est)$2.0M$26MSeed2017Series A · 2018-06-26 Raised $250K (real) Modeled valuation $2.6M (est)$250K$2.6MSeries A2018+$2.0M+$250KCumulative $6.5M

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 A$4.2M · 2017
Bridge · Series A-stage$2.0M · 2017smaller follow-on
Series A extension$250K · 2018

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: 67%.

Modeled valuation trajectory
$2.6M
Base estimate est.
$324K
Conservative case
$14.4M
Upside case
$1.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series A · modeled $44.4M · 2017-08-212017Seed · modeled $26.0M · 2017-08-21Series A · modeled $2.6M · 2018-06-262018
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.28×/yr
Annual markup
1.61×/yr upside case
6.0 yr
Elapsed time used
8.0 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$5.3M/yr
Capital velocity
8.9 yr
On record since
2017
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2049 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) 1.3× above median
This company$4.5M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$250K
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.6M
Sector median$17.0M

Raised more than 54% of sector peers (real $). Modeled value above 14% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #44 of 47.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Depcom Power, Inc. · Series A Raised $20.4M · modeled $158.5M (est)Ubiquitous Energy, Inc. · Series A Raised $22.0M · modeled $158.5M (est)CleanCapital Portfolio 1, LLC · Series A Raised $14.0M · modeled $147.9M (est)FINsix Corp · Series A Raised $31.2M · modeled $143.6M (est)King River Royalties, LLC · Series A Raised $13.3M · modeled $140.6M (est)Delta Sand Investors, LLC · Series A Raised $13.3M · modeled $140.1M (est)Potash Ridge Corp · Series A Raised $12.2M · modeled $124.3M (est)IA Energy Corp. · Series A Raised $21.0M · modeled $116.3M (est)Real Goods Solar, Inc. · Series A Raised $48.9M · modeled $113.6M (est)Canadian River Royalties, LLC · Series A Raised $10.4M · modeled $110.4M (est)Zero Point Energy, LLC · Series A Raised $10.0M · modeled $105.7M (est)Convergent Energy & Power LP · Series A Raised $9.0M · modeled $95.1M (est)Joi Scientific, Inc. (this company) Raised $4.5M · modeled $2.6M (est)Joi Scientific, Inc.
CompanyStageRaised · realValue · estvs peer med.
Depcom Power, Inc.Series A$20.4M$158.5M2.50×
Ubiquitous Energy, Inc.Series A$22.0M$158.5M2.50×
CleanCapital Portfolio 1, LLCSeries A$14.0M$147.9M2.33×
FINsix CorpSeries A$31.2M$143.6M2.26×
King River Royalties, LLCSeries A$13.3M$140.6M2.22×
Delta Sand Investors, LLCSeries A$13.3M$140.1M2.21×
Potash Ridge CorpSeries A$12.2M$124.3M1.96×
IA Energy Corp.Series A$21.0M$116.3M1.83×
Real Goods Solar, Inc.Series A$48.9M$113.6M1.79×
Canadian River Royalties, LLCSeries A$10.4M$110.4M1.74×
Zero Point Energy, LLCSeries A$10.0M$105.7M1.67×
Convergent Energy & Power LPSeries A$9.0M$95.1M1.50×
Joi Scientific, Inc. this companySeries A$4.5M$2.6M0.04×
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 A$4.2M2017-08-21$19.1M$44.4M90%
Seed$2.0M2017-08-21$10.0M$26.0M90%
Series A$250K2018-06-26$1.1M$2.6M90%
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. Series A$4.2M2017-08-21
    • First recorded raise — entered as Series A.
    • 7 investors on this round.
  2. Seed$2.0M2017-08-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Series A$250K2018-06-26
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 8.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~5mo cadence
$250K
Modeled next size est.range $250K$400K
0.1×
Last step-up
$5.3M/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
Bill McGill1 other2017-08
KURT FRAHN1 other2017-08
Dean Woodman2017-08
Gaetan Thomas2018-06
Gaeton Thomas2017-08
Huw Jones2017-08
Robert Koeneman2017-08
Thomas Gaeton2017-08
Traver Kennedy2017-08
William McGill2018-06
Registry & provenance

Joi Scientific, 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
1716076
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
Pacific Integrated Energy, Inc.Other EnergySeries A$5.1M$2.9Msame sector · same stage
New England Wood Pellet LlcOther EnergySeries A$5.2M$1.8Msame sector · same stage
Atmocean IncOther EnergySeries A$6.5M$3.2Msame sector · same stage
Canergy, LlcOther EnergySeries A$7.6M$1.9Msame sector · same stage
ATICO MINING CorpOther EnergySeries A$8.2M$3.6Msame sector · same stage
Perpetua Power Source Technologies IncOther EnergySeries A$8.3M$1.1Msame sector · same stage
Simple Energy, Inc.Other EnergySeries A$8.4M$2.1Msame sector · same stage
Ocean Thermal Energy CorpOther EnergySeries A$8.8M$1.6Msame 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
Energy Intelligence, Inc.Other EnergyPre-Seed$2.3M84%
Joule Case Inc.Other EnergyPre-Seed$4.2M84%
One Scientific Inc.Other EnergyPre-Seed$10.5M83%
Stored Energy, Inc.Other EnergyPre-Seed$3.3M82%
JTEC Energy, Inc.Other EnergySeries B$246.4M82%
Elephant Energy, Inc.Other EnergySeries A$19.6M82%
Power To Hydrogen Inc.Other EnergySeries A$36.7M82%
Olokun Minerals, Inc.Other EnergySeed$6.6M82%
Frequently asked
How much funding has Joi Scientific, Inc. raised?
Joi Scientific, Inc. has raised approximately $4.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Joi Scientific, Inc.'s estimated valuation?
Provath's modeled valuation for Joi Scientific, Inc. is approximately $2.6M (modeled range $324K–$14.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Joi Scientific, Inc. at?
Joi Scientific, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jun 26.
What does Joi Scientific, Inc. do and where is it based?
Joi Scientific, Inc. operates in the Other Energy sector, based in MERRITT ISLAND.
Explore related

See where Joi Scientific, 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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