Companies · Other Energy

Panasol USA Holdings, LLC

LAS VEGAS · Other Energy

Diligence memoA one-page analyst read on Panasol USA Holdings, LLC — recommendation, valuation, rhythm, risks.
$13.2M
Total raised · real
1
Rounds
Latest step-up
Top 27%
Sector rank · raised
Series A
Latest stage · inferred · Thu Apr 13 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Panasol USA Holdings, LLC looks over-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.

Over-valued
  • Modeled value is 2.06× the median modeled value of Series A Other Energy companies in 2022–2024 (105 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 3.2 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Panasol USA Holdings, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
3.2 yr record
Peak capital year was 2023 with $13.2M across 1 filings.
Market position
ahead of 74% of Other Energy peers
Capital scale is ahead of 74% of Other Energy peers; modeled value is above 78% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $13.2M across 1 filings.
  • Largest single filing was $13.2M on 2023-04-13.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
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

Panasol USA Holdings, LLC is one of 2049 Other Energy companies tracked from LAS VEGAS. By capital raised it ranks in the upper tier (ahead of 74% of sector peers), and in the upper tier 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
24
Investors (latest)
2023
Year incorporated
2023-04-13
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$25M$50M$75M$100MSeries A · 2023-04-13 Raised $13M (real) Modeled valuation $70M (est)$13M$70MSeries A2023

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$13.2M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$69.6M
Base estimate est.
$17.0M
Conservative case
$199.4M
Upside case
$59.8M
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.

Not enough modeled valuation points to chart a trajectory.

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
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.2 yr
On record since
2023
First round
1
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) 3.8× above median
This company$13.2M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.4× above median
This company$13.2M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 4.1× above median
This company$69.6M
Sector median$17.0M

Raised more than 74% of sector peers (real $). Modeled value above 78% 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 #6 of 105.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Versogen, Inc. · Series A Raised $14.5M · modeled $98.9M (est)Juhl Clean Energy Assets, Inc. · Series A Raised $19.2M · modeled $76.3M (est)UtilityAPI, Inc. · Series A Raised $11.0M · modeled $73.5M (est)Premier Uranium, Inc. · Series A Raised $10.0M · modeled $72.6M (est)Controlled Thermal Resources Holdings Inc. · Series A Raised $13.1M · modeled $71.4M (est)Renewables Emerging Markets LLC · Series A Raised $10.0M · modeled $69.2M (est)Eden GeoPower, Inc. · Series A Raised $12.6M · modeled $67.6M (est)Sunrock Distributed Generation Inc. · Series A Raised $10.0M · modeled $66.6M (est)Li3 Group, Inc. · Series A Raised $10.0M · modeled $65.6M (est)Tandem Pv, Inc. · Series A Raised $9.1M · modeled $65.1M (est)HelioCasa Corp · Series A Raised $10.0M · modeled $61.4M (est)Panasol USA Holdings, LLC (this company) Raised $13.2M · modeled $69.6M (est)Panasol USA Holdings, LLC
CompanyStageRaised · realValue · estvs peer med.
Versogen, Inc.Series A$14.5M$98.9M2.92×
Juhl Clean Energy Assets, Inc.Series A$19.2M$76.3M2.25×
UtilityAPI, Inc.Series A$11.0M$73.5M2.17×
Premier Uranium, Inc.Series A$10.0M$72.6M2.14×
Controlled Thermal Resources Holdings Inc.Series A$13.1M$71.4M2.11×
Panasol USA Holdings, LLC this companySeries A$13.2M$69.6M2.06×
Renewables Emerging Markets LLCSeries A$10.0M$69.2M2.04×
Eden GeoPower, Inc.Series A$12.6M$67.6M1.99×
Sunrock Distributed Generation Inc.Series A$10.0M$66.6M1.97×
Li3 Group, Inc.Series A$10.0M$65.6M1.94×
Tandem Pv, Inc.Series A$9.1M$65.1M1.92×
HelioCasa CorpSeries A$10.0M$61.4M1.81×
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$13.2M2023-04-13$59.8M$69.6M90%
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$13.2M2023-04-13
    • First recorded raise — entered as Series A.
    • 24 investors on this round.
Intelligence
Modeled next raise
$21.1M
Modeled next size est.range $13.7M$33.7M
Last step-up
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
Charles Schaffer2 other2023-04
Registry & provenance

Panasol USA Holdings, LLC 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
1972640
SEC CIK
2023
Incorporated
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
Redwave Energy, Inc.Other EnergySeries A$13.2M$55.0Msame sector · same stage
Ventacity Systems Inc.Other EnergySeries A$13.2M$34.3Msame sector · same stage
Controlled Thermal Resources Holdings Inc.Other EnergySeries A$13.1M$71.4Msame sector · same stage
Swissinso Holding Inc.Other EnergySeries A$13.1M$63.8Msame sector · same stage
SunBorne Energy Holdings, LLCOther EnergySeries A$13.3M$52.8Msame sector · same stage
ZapGo Ltd.Other EnergySeries A$13.3M$59.7Msame sector · same stage
UltraSolar Technology, Inc.Other EnergySeries A$13.3M$77.2Msame sector · same stage
Electricom, LlcOther EnergySeries A$13.3M$35.5Msame 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
Pan American Energy Corp. (Canada)Other EnergySeed$15.4M88%
Energy Services of America CORPOther EnergySeed$4.8M87%
HyFuels Holdings LLCOther EnergySeed$14.7M86%
Houston American Energy CorpOther EnergySeries D+$2.5B85%
CleanCapital Holdings LLCOther EnergySeries D+$1.4B85%
Blue Biofuels, Inc.Other EnergySeed$583K85%
Total Keystone Partners, LLCOther EnergySeed$13.0M85%
Shoals Technologies Group, Inc.Other EnergySeries A$51.6M85%
Frequently asked
How much funding has Panasol USA Holdings, LLC raised?
Panasol USA Holdings, LLC has raised approximately $13.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Panasol USA Holdings, LLC's estimated valuation?
Provath's modeled valuation for Panasol USA Holdings, LLC is approximately $69.6M (modeled range $17.0M–$199.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Panasol USA Holdings, LLC at?
Panasol USA Holdings, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Apr 13.
What does Panasol USA Holdings, LLC do and where is it based?
Panasol USA Holdings, LLC operates in the Other Energy sector, based in LAS VEGAS.
Explore related

See where Panasol USA Holdings, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Panasol USA Holdings, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.