Diligence memo · auto-generated · as of July 3, 2026
Pika Energy, Inc.
Pika Energy, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Pika Energy, Inc. operates in Other Energy, based in Westbrook.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pika Energy, Inc. has raised $10M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.9M on 2016-02-02.
Most recent recorded round closed around 2018-08-30.
Valuation (modeled)modeled
Provath models Pika Energy, Inc. at approximately $25M (range $1.6M–$193M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.96× the median modeled value of Seed Other Energy companies in 2016–2018 (88 peers) — value vs value, same stage and era. Within the normal band (96% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 7.8 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 70% of Other Energy peers (2049 compared).
Modeled value ranks above 57% of those peers.
Closest niche peers: RigNet, Inc., Phoenix Services Topco, LLC, MT CB VS Long Beach Solar One, LLC, Lakeview Biodiesel LLC, Carbon Engineering Limited Partnership.
Peoplefiled
14 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.