Companies · Other Energy

Novogy, Inc.

CAMBRIDGE · Other Energy

Diligence memoA one-page analyst read on Novogy, Inc. — recommendation, valuation, rhythm, risks.
$14.8M
Total raised · real
6
Rounds
0.5×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Thu Oct 24 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Novogy, 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 0.36× the median modeled value of Series A Other Energy companies in 2013–2015 (81 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.7 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

Novogy, Inc. is one of 2048 Other Energy companies tracked from CAMBRIDGE. By capital raised it ranks in the upper tier (ahead of 76% 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$100MPre-Seed · 2009-05-08 Raised $250K (real) Modeled valuation $4.0M (est)$250K$4.0MPre-Seed2009Pre-Seed · 2011-02-14 Raised $750K (real) Modeled valuation $12M (est)$750K$12MPre-Seed2011Seed · 2011-02-14 Raised $1.5M (real) Modeled valuation $19M (est)$1.5M$19MSeed2011Series A · 2011-12-21 Raised $6.3M (real) Modeled valuation $67M (est)$6.3M$67MSeries A2011Seed · 2011-12-21 Raised $3.9M (real) Modeled valuation $51M (est)$3.9M$51MSeed2011Series A · 2013-10-24 Raised $2.0M (real) Modeled valuation $21M (est)$2.0M$21MSeries A2013+$750K+$1.5M+$6.3M+$3.9M+$2.0MCumulative $15M

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
Pre-Seed$250K · 2009
Pre-Seed extension$750K · 2011
Seed$1.5M · 2011
Series A$6.3M · 2011
Bridge · Series A-stage$3.9M · 2011smaller follow-on
Series A extension$2.0M · 2013

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$21.1M
Base estimate est.
$2.6M
Conservative case
$114.9M
Upside case
$9.1M
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.

Pre-Seed · modeled $4.0M · 2009-05-082009Pre-Seed · modeled $12.1M · 2011-02-14Seed · modeled $19.5M · 2011-02-14Series A · modeled $67.1M · 2011-12-21Seed · modeled $51.2M · 2011-12-21Series A · modeled $21.1M · 2013-10-242013
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
12.7 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$3.3M/yr
Capital velocity
17.2 yr
On record since
2009
First round
6
Rounds on file
How it compares to the market

Benchmarked against 2048 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) 4.3× above median
This company$14.8M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.4× of median
This company$2.0M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$21.1M
Sector median$17.0M

Raised more than 76% of sector peers (real $). Modeled value above 54% 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 #60 of 81.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)AgriGroupe Energy Holdings · Series A Raised $15.0M · modeled $158.5M (est)Brookfield Renewable Energy Partners L.P. · Series A Raised $13.4M · modeled $142.1M (est)Ofs Pro Ci, Lp · Series A Raised $13.1M · modeled $138.2M (est)Apex Wind Energy Holdings, LLC · Series A Raised $54.4M · modeled $134.2M (est)Ardica Technologies, Inc. · Series A Raised $14.6M · modeled $134.0M (est)Ethical Electric Holdings, Inc. · Series A Raised $14.1M · modeled $127.3M (est)UniEnergy Corp · Series A Raised $12.0M · modeled $126.8M (est)Lime Energy Co. · Series A Raised $11.8M · modeled $124.2M (est)Skyline Innovations, Inc. · Series A Raised $16.2M · modeled $123.0M (est)Industrial Heat, LLC · Series A Raised $11.6M · modeled $122.1M (est)Soltage, LLC · Series A Raised $11.5M · modeled $121.5M (est)SG Landlord 3, LLC · Series A Raised $11.0M · modeled $116.3M (est)Novogy, Inc. (this company) Raised $14.8M · modeled $21.1M (est)Novogy, Inc.
CompanyStageRaised · realValue · estvs peer med.
AgriGroupe Energy HoldingsSeries A$15.0M$158.5M2.67×
Brookfield Renewable Energy Partners L.P.Series A$13.4M$142.1M2.40×
Ofs Pro Ci, LpSeries A$13.1M$138.2M2.33×
Apex Wind Energy Holdings, LLCSeries A$54.4M$134.2M2.26×
Ardica Technologies, Inc.Series A$14.6M$134.0M2.26×
Ethical Electric Holdings, Inc.Series A$14.1M$127.3M2.15×
UniEnergy CorpSeries A$12.0M$126.8M2.14×
Lime Energy Co.Series A$11.8M$124.2M2.09×
Skyline Innovations, Inc.Series A$16.2M$123.0M2.07×
Industrial Heat, LLCSeries A$11.6M$122.1M2.06×
Soltage, LLCSeries A$11.5M$121.5M2.05×
SG Landlord 3, LLCSeries A$11.0M$116.3M1.96×
Novogy, Inc. this companySeries A$14.8M$21.1M0.36×
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.
Pre-Seed$250K2009-05-08$1.4M$4.0M90%
Pre-Seed$750K2011-02-14$4.2M$12.1M90%
Seed$1.5M2011-02-14$7.5M$19.5M90%
Series A$6.3M2011-12-21$28.8M$67.1M90%
Seed$3.9M2011-12-21$19.7M$51.2M90%
Series A$2.0M2013-10-24$9.1M$21.1M90%
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. Pre-Seed$250K2009-05-08
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$750K2011-02-14
    • Raised again after 21 mo — slower than the ~12 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
  3. Seed$1.5M2011-02-14
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× larger than the prior — scaling up.
  4. Series A$6.3M2011-12-21
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
  5. Seed$3.9M2011-12-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× smaller than the prior — bridge or down round.
  6. Series A$2.0M2013-10-24
    • Raised again after 22 mo — slower than the ~12 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q3
Modeled next raise · ~11mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.5×
Last step-up
$3.3M/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
David Orfao9 other2009-05
Andrew Ziolkowski4 other2011-02
Gregory Stephanopoulos1 other2011-12
Colin South2009-05
Ginja Collins2009-05
Ginja Tavares Da Silva2011-12
John Niles2009-05
Vincent Schachter2011-12
Registry & provenance

Novogy, 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
1463939
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
Akermin IncOther EnergySeries A$14.7M$19.0Msame sector · same stage
Gold Bullion Development Corp.Other EnergySeries A$14.5M$14.8Msame sector · same stage
Voyager Horseshoe, LPOther EnergySeries A$14.4M$21.3Msame sector · same stage
Synthesis Energy Systems IncOther EnergySeries A$15.4M$25.9Msame sector · same stage
Marinalife, Inc.Other EnergySeries A$16.0M$14.5Msame sector · same stage
Libertystream Infrastructure Partners Inc.Other EnergySeries A$16.4M$24.1Msame sector · same stage
Energy Domain, LLCOther EnergySeries A$13.3M$15.7Msame sector · same stage
EnZinc Inc.Other EnergySeries A$13.3M$29.1Msame sector · same stage
Frequently asked
How much funding has Novogy, Inc. raised?
Novogy, Inc. has raised approximately $14.8M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Novogy, Inc.'s estimated valuation?
Provath's modeled valuation for Novogy, Inc. is approximately $21.1M (modeled range $2.6M–$114.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Novogy, Inc. at?
Novogy, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Oct 24.
What does Novogy, Inc. do and where is it based?
Novogy, Inc. operates in the Other Energy sector, based in CAMBRIDGE.
Explore related

See where Novogy, 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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