Diligence memo · auto-generated · as of July 2, 2026
Petra Solar Inc
Petra Solar Inc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Petra Solar Inc operates in Other Technology, based in South Plainfield.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Petra Solar Inc has raised $40M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $40M on 2010-01-29.
Most recent recorded round closed around 2010-01-29.
Valuation (modeled)modeled
Provath models Petra Solar Inc at approximately $1.2B (range $98M–$4.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.10× the median modeled value of Series B Other Technology companies in 2010–2012 (174 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 16.4 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 91% of Other Technology peers (21302 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: Kinnser Software, Inc., NCP Holding Co, Magic Lamp Corp., Vaddio Holdings, LLC, Kno, 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.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.