Diligence memo · auto-generated · as of July 2, 2026
Principal Solar, Inc.
Principal Solar, Inc. has raised $12M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Principal Solar, Inc. operates in Electric Utilities, based in DALLAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Principal Solar, Inc. has raised $12M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.7M on 2013-05-15.
Most recent recorded round closed around 2013-05-15.
Valuation (modeled)modeled
Provath models Principal Solar, Inc. at approximately $39M (range $6.7M–$214M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 13.1 yr ago; this sector typically re-raises about every 10 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 57% of Electric Utilities peers (133 compared).
Modeled value ranks above 51% of those peers.
Closest niche peers: Circular Energy, Inc..
Peoplefiled
9 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.