Companies · Climate / Cleantech

Pegasus Solar Inc

RICHMOND · Climate / Cleantech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Pegasus Solar Inc — recommendation, valuation, rhythm, risks.
$7.3M
Total raised · real
2
Rounds
1.7×
Latest step-up
Top 32%
Sector rank · raised
Series A
Latest stage · inferred · Mon Sep 11 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Pegasus Solar Inc looks fair 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 climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.81× the median modeled value of Series A Climate / Cleantech companies in 2016–2018 (5 peers) — value vs value, same stage and era.
  • Within the normal band (81% of peer median) for its niche.
Dormant
  • Last raise 8.8 yr ago; this sector typically re-raises about every 9 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 Climate / Cleantech

Pegasus Solar Inc is one of 207 Climate / Cleantech companies tracked from RICHMOND. By capital raised it ranks mid-pack (ahead of 69% 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.

climate/cleantech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
18
Investors (latest)
2012
Year incorporated
2017-09-11
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$50M$100M$150M$200MSeed · 2015-06-30 Raised $2.7M (real) Modeled valuation $72M (est)$2.7M$72MSeed2015Series A · 2017-09-11 Raised $4.6M (real) Modeled valuation $102M (est)$4.6M$102MSeries A2017+$4.6MCumulative $7.3M

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
Seed$2.7M · 2015
Series A$4.6M · 2017

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
$102.2M
Base estimate est.
$5.8M
Conservative case
$555.7M
Upside case
$21.0M
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 climate/enviro sector profile. Directional, not a quoted figure.

Seed · modeled $72.2M · 2015-06-302015Series A · modeled $102.2M · 2017-09-112017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
51%
Survival probability
28% low · 69% high
1.46×/yr
Annual markup
1.84×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$3.3M/yr
Capital velocity
11.0 yr
On record since
2015
First round
2
Rounds on file
How it compares to the market

Benchmarked against 207 companies in Climate / Cleantech. 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) 0.9× of median
This company$7.3M
Sector median$8.1M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$4.6M
Sector median$7.5M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$102.2M
Sector median$59.8M

Raised more than 69% of sector peers (real $). Modeled value above 79% 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 #5 of 5.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)PEG Ghana · Series A Raised $7.5M · modeled $165.7M (est)Avalon Battery Corp · Series A Raised $10.3M · modeled $133.1M (est)Renewable Water Resources, LLC · Series A Raised $5.7M · modeled $125.9M (est)Tizeti Inc. · Series A Raised $5.2M · modeled $115.6M (est)Pegasus Solar Inc (this company) Raised $7.3M · modeled $102.2M (est)Pegasus Solar Inc
CompanyStageRaised · realValue · estvs peer med.
PEG GhanaSeries A$7.5M$165.7M1.32×
Avalon Battery CorpSeries A$10.3M$133.1M1.06×
Renewable Water Resources, LLCSeries A$5.7M$125.9M1.00×
Tizeti Inc.Series A$5.2M$115.6M0.92×
Pegasus Solar Inc this companySeries A$7.3M$102.2M0.81×
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.
Seed$2.7M2015-06-30$13.3M$72.2M85%
Series A$4.6M2017-09-11$21.0M$102.2M90%
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. Seed$2.7M2015-06-30
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
  2. Series A$4.6M2017-09-11
    • Raised again after 26 mo — slower than the ~9 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 18 investors on this round.
Intelligence
2019 ~Q4
Modeled next raise · ~26mo cadence
$8.0M
Modeled next size est.range $5.2M$12.9M
1.7×
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
B. Marc Averitt2015-06
Brian Marc Averitt2017-09
Erich Kai Stephan2015-06
James Marc Everett2017-09
Mark Marc Conroy2015-06
Mike Marc Miskovsky2017-09
Olav Arvo Junttila2017-09
Registry & provenance

Pegasus Solar 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
1647465
SEC CIK
2012
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
PEG GhanaClimate / CleantechSeries A$7.5M$165.7Msame sector · same stage
Ezra Climate Inc.Climate / CleantechSeries A$7.6M$26.8Msame sector · same stage
TGP Solar Investments, LLCClimate / CleantechSeries A$7.0M$138.8Msame sector · same stage
Battery Mineral Resources Corp.Climate / CleantechSeries A$7.9M$16.8Msame sector · same stage
Wren Climate, PBCClimate / CleantechSeries A$6.6M$81.3Msame sector · same stage
KofaClimate / CleantechSeries A$8.1M$29.0Msame sector · same stage
Climate Service, Inc.Climate / CleantechSeries A$8.3M$7.5Msame sector · same stage
SoundBoks, Inc.Climate / CleantechSeries A$8.6M$63.0Msame 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
Solar Tech Energy Systems, Inc.Other EnergySeed$4.0M85%
Ascent Solar Technologies, Inc.Climate / CleantechSeries B$40.1M85%
Aurora Solar Inc.Climate / CleantechSeries D+$3.5B84%
Grape Solar, Inc.Other EnergySeed$13.0M84%
Swift Solar Inc.Climate / CleantechSeries B$196.7M84%
Merlin Solar Technologies, Inc.Other EnergySeries B$64.0M83%
ETC Solar, Inc.Other EnergyPre-Seed$8.1M83%
Eagle Solar & Light, LLCEnergy ConservationPre-Seed$18.0M83%
Frequently asked
How much funding has Pegasus Solar Inc raised?
Pegasus Solar Inc has raised approximately $7.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Pegasus Solar Inc's estimated valuation?
Provath's modeled valuation for Pegasus Solar Inc is approximately $102.2M (modeled range $5.8M–$555.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pegasus Solar Inc at?
Pegasus Solar Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Sep 11.
What does Pegasus Solar Inc do and where is it based?
Pegasus Solar Inc operates in the Climate / Cleantech sector, based in RICHMOND.
Explore related

See where Pegasus Solar Inc 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 Pegasus Solar Inc, 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.