Diligence memo · auto-generated · as of July 2, 2026
Northeast Utilities
Northeast Utilities has raised $1.8B over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Northeast Utilities operates in Electric Utilities, based in SPRINGFIELD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Northeast Utilities has raised $1.8B in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $1.1B on 2012-07-25.
Most recent recorded round closed around 2012-07-25.
Valuation (modeled)modeled
Provath models Northeast Utilities at approximately $10.7B (range $8.9B–$18.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 13.9 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of Electric Utilities peers (133 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Hawaiian Electric Co Inc.
Peoplefiled
21 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.