Diligence memo · auto-generated · as of July 2, 2026
Polar Power, Inc.
Polar Power, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Polar Power, Inc. operates in Other Energy, based in GARDENA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Polar Power, Inc. has raised $4.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.8M on 2020-07-02.
Most recent recorded round closed around 2020-07-02.
Valuation (modeled)modeled
Provath models Polar Power, Inc. at approximately $36M (range $2.4M–$286M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.77× the median modeled value of Seed Other Energy companies in 2019–2021 (74 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 69 months.
Last raise 6.0 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 2.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 52% of Other Energy peers (2049 compared).
Modeled value ranks above 65% of those peers.
Closest niche peers: Angeles Summit Llc, BarberWind Turbines, LLC, MT VS 20333 Normandie PV, LLC, Sandhill Advanced Biofuels LLC, Energy Materials Corp.
Peoplefiled
8 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.