Companies · Energy Conservation

Progressive Lighting & Energy Solutions, Inc.

TUSTIN · Energy Conservation

Diligence memoA one-page analyst read on Progressive Lighting & Energy Solutions, Inc. — recommendation, valuation, rhythm, risks.
$6.1M
Total raised · real
7
Rounds
0.5×
Latest step-up
Top 31%
Sector rank · raised
Seed
Latest stage · inferred · Thu Apr 05 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Progressive Lighting & Energy Solutions, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the climate/enviro sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.12× the median modeled value of Seed Energy Conservation companies in 2010–2012 (24 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Energy Conservation

Progressive Lighting & Energy Solutions, Inc. is one of 254 Energy Conservation companies tracked from TUSTIN. By capital raised it ranks in the upper tier (ahead of 70% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MSeed · 2009-05-22 Raised $1.5M (real) Modeled valuation $41M (est)Seed2009Seed · 2009-05-22 Raised $2.4M (real) Modeled valuation $64M (est)Seed2009Seed · 2009-05-22 Raised $1.2M (real) Modeled valuation $33M (est)Seed2009Pre-Seed · 2009-05-22 Raised $175K (real) Modeled valuation $5.9M (est)Pre-Seed2009Seed · 2009-10-15 Raised $150K (real) Modeled valuation $4.1M (est)Seed2009Seed · 2010-09-29 Raised $400K (real) Modeled valuation $11M (est)Seed2010Seed · 2012-04-05 Raised $202K (real) Modeled valuation $5.5M (est)Seed2012+$2.4M+$1.2M+$175K+$150K+$400K+$202KCumulative $6.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.5M · 2009
Seed extension$2.4M · 2009
Seed extension$1.2M · 2009
Bridge · Seed-stage$175K · 2009smaller follow-on
Seed extension$150K · 2009
Seed extension$400K · 2010
Seed extension$202K · 2012

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$5.5M
Base estimate est.
$167K
Conservative case
$43.0M
Upside case
$1.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Seed · modeled $41.4M · 2009-05-222009Seed · modeled $64.5M · 2009-05-22Seed · modeled $33.2M · 2009-05-22Pre-Seed · modeled $5.9M · 2009-05-22Seed · modeled $4.1M · 2009-10-15Seed · modeled $10.9M · 2010-09-29Seed · modeled $5.5M · 2012-04-052012
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
37%
Survival probability
17% low · 57% high
1.57×/yr
Annual markup
2.05×/yr upside case
6.0 yr
Elapsed time used
14.2 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$2.1M/yr
Capital velocity
17.1 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 254 companies in Energy Conservation. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.4× above median
This company$6.1M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$202K
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$5.5M
Sector median$27.1M

Raised more than 70% of sector peers (real $). Modeled value above 20% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #23 of 24.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Hy-Drive Technologies Ltd · Seed Raised $3.8M · modeled $102.6M (est)Efficient Energy America, Inc. · Seed Raised $3.3M · modeled $89.8M (est)Ney-Li Funding Corp Llc · Seed Raised $3.3M · modeled $89.5M (est)PlotWatt, Inc. · Seed Raised $4.1M · modeled $81.4M (est)Gridway Energy Holdings, Inc. · Seed Raised $3.0M · modeled $80.6M (est)Athena Global Energy Solutions, Inc. · Seed Raised $5.0M · modeled $68.2M (est)Safari Energy Holdings, LLC · Seed Raised $2.5M · modeled $67.8M (est)Systel Global Holdings, Inc. · Seed Raised $2.5M · modeled $67.8M (est)Green Generation Solutions, LLC · Seed Raised $2.0M · modeled $54.3M (est)Energy, Inc. · Seed Raised $2.0M · modeled $54.3M (est)Fleet Street Energy, LLC · Seed Raised $1.9M · modeled $51.6M (est)Eco Power Solutions (USA) Corp. · Seed Raised $8.7M · modeled $47.5M (est)Progressive Lighting & Energy Solutions, Inc. (this company) Raised $6.1M · modeled $5.5M (est)Progressive Lighting & Energy Solutions, Inc.
CompanyStageRaised · realValue · estvs peer med.
Hy-Drive Technologies LtdSeed$3.8M$102.6M2.19×
Efficient Energy America, Inc.Seed$3.3M$89.8M1.92×
Ney-Li Funding Corp LlcSeed$3.3M$89.5M1.91×
PlotWatt, Inc.Seed$4.1M$81.4M1.74×
Gridway Energy Holdings, Inc.Seed$3.0M$80.6M1.72×
Athena Global Energy Solutions, Inc.Seed$5.0M$68.2M1.46×
Safari Energy Holdings, LLCSeed$2.5M$67.8M1.45×
Systel Global Holdings, Inc.Seed$2.5M$67.8M1.45×
Green Generation Solutions, LLCSeed$2.0M$54.3M1.16×
Energy, Inc.Seed$2.0M$54.3M1.16×
Fleet Street Energy, LLCSeed$1.9M$51.6M1.10×
Eco Power Solutions (USA) Corp.Seed$8.7M$47.5M1.01×
Progressive Lighting & Energy Solutions, Inc. this companySeed$6.1M$5.5M0.12×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.5M2009-05-22$7.6M$41.4M90%
Seed$2.4M2009-05-22$11.9M$64.5M90%
Seed$1.2M2009-05-22$6.1M$33.2M90%
Pre-Seed$175K2009-05-22$972K$5.9M90%
Seed$150K2009-10-15$750K$4.1M90%
Seed$400K2010-09-29$2.0M$10.9M90%
Seed$202K2012-04-05$1.0M$5.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.5M2009-05-22
    • First recorded raise — entered as Seed.
  2. Seed$2.4M2009-05-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
  3. Seed$1.2M2009-05-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× smaller than the prior — bridge or down round.
  4. Pre-Seed$175K2009-05-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.0× smaller than the prior — bridge or down round.
  5. Seed$150K2009-10-15
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  6. Seed$400K2010-09-29
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
  7. Seed$202K2012-04-05
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
Intelligence
2012 ~Q3
Modeled next raise · ~6mo cadence
$202K
Modeled next size est.range $202K$323K
0.5×
Last step-up
$2.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Randy Parole2009-05
William Tauber2009-05
Registry & provenance

Progressive Lighting & Energy Solutions, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1465451
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Efficiency Network, Inc.Energy ConservationSeed$5.8M$40.7Msame sector · same stage
Energy Pioneer Solutions, Inc.Energy ConservationSeed$7.0M$67.8Msame sector · same stage
PowerWise Holdings, LLCEnergy ConservationSeed$7.2M$9.3Msame sector · same stage
Spinlectrix, Inc.Energy ConservationSeed$5.0M$65.2Msame sector · same stage
Athena Global Energy Solutions, Inc.Energy ConservationSeed$5.0M$68.2Msame sector · same stage
EnergySage, Inc.Energy ConservationSeed$4.8M$73.5Msame sector · same stage
60Hertz IncEnergy ConservationSeed$4.5M$16.7Msame sector · same stage
Karbon-X Corp.Energy ConservationSeed$4.3M$20.2Msame sector · same stage
Frequently asked
How much funding has Progressive Lighting & Energy Solutions, Inc. raised?
Progressive Lighting & Energy Solutions, Inc. has raised approximately $6.1M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Progressive Lighting & Energy Solutions, Inc.'s estimated valuation?
Provath's modeled valuation for Progressive Lighting & Energy Solutions, Inc. is approximately $5.5M (modeled range $167K–$43.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Progressive Lighting & Energy Solutions, Inc. at?
Progressive Lighting & Energy Solutions, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Apr 05.
What does Progressive Lighting & Energy Solutions, Inc. do and where is it based?
Progressive Lighting & Energy Solutions, Inc. operates in the Energy Conservation sector, based in TUSTIN.
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