Diligence memo · auto-generated · as of July 2, 2026
Monarch Power Inc.
Monarch Power Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Monarch Power Inc. operates in Energy / Climate, based in SANTA CRUZ.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Monarch Power Inc. has raised $25M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2023-11-13.
Most recent recorded round closed around 2023-11-13.
Valuation (modeled)modeled
Provath models Monarch Power Inc. at approximately $162M (range $59M–$328M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.18× the median modeled value of Series B Energy / Climate companies in 2022–2024 (10 peers) — value vs value, same stage and era. Within the normal band (118% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 2.6 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 87% of Energy / Climate peers (235 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Rondo Energy, Inc., Noon Energy Inc., Power Only Transit, Inc., Coelacanth Energy Inc., Encore Energy Corp..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.