Diligence memo · auto-generated · as of July 3, 2026
Pegasus Solar Inc
Pegasus Solar Inc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Pegasus Solar Inc operates in Climate / Cleantech, based in RICHMOND.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pegasus Solar Inc has raised $7.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.6M on 2017-09-11.
Most recent recorded round closed around 2017-09-11.
Valuation (modeled)modeled
Provath models Pegasus Solar Inc at approximately $102M (range $5.8M–$556M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 26 months.
Last raise 8.8 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 69% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 79% of those peers.
Closest niche peers: PEG Ghana, Avalon Battery Corp, Renewable Water Resources, LLC, Tizeti Inc..
Peoplefiled
7 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.