Companies · Other

Proterra Inc

GREENVILLE · Other

Diligence memoA one-page analyst read on Proterra Inc — recommendation, valuation, rhythm, risks.
$232.0M
Total raised · real
10
Rounds
0.0×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Mon Nov 09 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Proterra 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.

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 0.00× the median modeled value of Series C Other companies in 2013–2015 (148 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.6 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 Other

Proterra Inc is one of 25008 Other companies tracked from GREENVILLE. By capital raised it ranks among the largest (ahead of 98% 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$250M$500M$750M$1.0BSeries C · 2010-05-13 Raised $41M (real) Modeled valuation $704M (est)Series C2010Series C · 2011-01-20 Raised $2.3M (real) Modeled valuation $39M (est)Series C2011Series C · 2011-03-04 Raised $500K (real) Modeled valuation $8.6M (est)Series C2011Series C · 2011-06-09 Raised $38M (real) Modeled valuation $646M (est)Series C2011Series C · 2012-11-05 Raised $23M (real) Modeled valuation $394M (est)Series C2012Series C · 2013-10-04 Raised $24M (real) Modeled valuation $415M (est)Series C2013Series C · 2013-10-04 Raised $34M (real) Modeled valuation $587M (est)Series C2013Series C · 2014-06-09 Raised $39M (real) Modeled valuation $666M (est)Series C2014Series C · 2015-06-17 Raised $30M (real) Modeled valuation $514M (est)Series C2015Series C · 2015-11-09 Raised $161K (real) Modeled valuation $2.8M (est)Series C2015+$2.3M+$500K+$38M+$23M+$24M+$34M+$39M+$30M+$161KCumulative $232M

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
Series C$41.1M · 2010
Series C extension$2.3M · 2011
Series C extension$500K · 2011
Series C extension$37.7M · 2011
Series C extension$23.0M · 2012
Series C extension$24.2M · 2013
Series C extension$34.2M · 2013
Series C extension$38.8M · 2014
Series C extension$30.0M · 2015
Series C extension$161K · 2015

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$2.8M
Base estimate est.
$621K
Conservative case
$7.3M
Upside case
$1.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series C · modeled $704.2M · 2010-05-132010Series C · modeled $39.5M · 2011-01-20Series C · modeled $8.6M · 2011-03-04Series C · modeled $646.4M · 2011-06-09Series C · modeled $394.4M · 2012-11-05Series C · modeled $414.5M · 2013-10-04Series C · modeled $586.6M · 2013-10-04Series C · modeled $666.0M · 2014-06-09Series C · modeled $514.4M · 2015-06-17Series C · modeled $2.8M · 2015-11-092015
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
6.0 yr
Elapsed time used
10.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$42.2M/yr
Capital velocity
16.1 yr
On record since
2010
First round
10
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 113× above median
This company$232.0M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$161K
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.8M
Sector median$17.7M

Raised more than 98% of sector peers (real $). Modeled value above 16% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #147 of 148.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Island Timberlands Finance Corp · Series C Raised $100.0M · modeled $1.7B (est)Layne Christensen Co · Series C Raised $99.9M · modeled $1.7B (est)Autotask Superior Holding, Inc. · Series C Raised $99.0M · modeled $1.7B (est)Creative Artists Agency Holdings LLC · Series C Raised $97.3M · modeled $1.7B (est)Concord Resources Ltd · Series C Raised $96.5M · modeled $1.7B (est)UFS Group Holdings, Inc. · Series C Raised $95.6M · modeled $1.6B (est)Hycroft Mining Corp · Series C Raised $95.0M · modeled $1.6B (est)Fortress Worldwide Transportation & Infrastructure Investors LP · Series C Raised $162.6M · modeled $1.6B (est)Gold Standard Investment, LP · Series C Raised $91.0M · modeled $1.6B (est)Dollar Shave Club, Inc. · Series C Raised $190.9M · modeled $1.6B (est)Eighth Note, inc. · Series C Raised $90.4M · modeled $1.5B (est)Safe Fleet Holdings LLC · Series C Raised $90.1M · modeled $1.5B (est)Proterra Inc (this company) Raised $232.0M · modeled $2.8M (est)Proterra Inc
CompanyStageRaised · realValue · estvs peer med.
Island Timberlands Finance CorpSeries C$100.0M$1.7B2.00×
Layne Christensen CoSeries C$99.9M$1.7B2.00×
Autotask Superior Holding, Inc.Series C$99.0M$1.7B1.98×
Creative Artists Agency Holdings LLCSeries C$97.3M$1.7B1.95×
Concord Resources LtdSeries C$96.5M$1.7B1.93×
UFS Group Holdings, Inc.Series C$95.6M$1.6B1.91×
Hycroft Mining CorpSeries C$95.0M$1.6B1.90×
Fortress Worldwide Transportation & Infrastructure Investors LPSeries C$162.6M$1.6B1.85×
Gold Standard Investment, LPSeries C$91.0M$1.6B1.82×
Dollar Shave Club, Inc.Series C$190.9M$1.6B1.81×
Eighth Note, inc.Series C$90.4M$1.5B1.81×
Safe Fleet Holdings LLCSeries C$90.1M$1.5B1.80×
Proterra Inc this companySeries C$232.0M$2.8M0.00×
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.
Series C$41.1M2010-05-13$273.8M$704.2M90%
Series C$2.3M2011-01-20$15.3M$39.5M90%
Series C$500K2011-03-04$3.3M$8.6M90%
Series C$37.7M2011-06-09$251.3M$646.4M90%
Series C$23.0M2012-11-05$153.3M$394.4M90%
Series C$24.2M2013-10-04$161.2M$414.5M90%
Series C$34.2M2013-10-04$228.1M$586.6M90%
Series C$38.8M2014-06-09$258.9M$666.0M90%
Series C$30.0M2015-06-17$200.0M$514.4M90%
Series C$161K2015-11-09$1.1M$2.8M90%
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. Series C$41.1M2010-05-13
    • First recorded raise — entered as Series C.
  2. Series C$2.3M2011-01-20
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 17.8× smaller than the prior — bridge or down round.
  3. Series C$500K2011-03-04
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 4.6× smaller than the prior — bridge or down round.
  4. Series C$37.7M2011-06-09
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 75.4× larger than the prior — scaling up.
  5. Series C$23.0M2012-11-05
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
  6. Series C$24.2M2013-10-04
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  7. Series C$34.2M2013-10-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
  8. Series C$38.8M2014-06-09
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  9. Series C$30.0M2015-06-17
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  10. Series C$161K2015-11-09
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 186.9× smaller than the prior — bridge or down round.
Intelligence
2016 ~Q2
Modeled next raise · ~7mo cadence
$161K
Modeled next size est.range $161K$257K
0.0×
Last step-up
$42.2M/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
Michael Smith19 other2015-11
Jack McFarland4 other2011-01
Michael Linse4 other2011-06
Marc Gottschalk3 other2010-05
David Bennett2 other2012-11
Mike Donoughe2 other2015-06
Rob Johnson2 other2015-06
David Lehmann1 other2011-06
Jeff Granato1 other2010-05
Michael W. Smith1 other2015-06
Steven Rowe1 other2012-11
C. W. Plummer, Jr.2015-06
Dale Hill2010-05
Dave Rich2013-10
Eric McCarthy2013-10
Garrett Mikita2013-10
Ignacio Iribarren2010-05
Lydia Kennard2015-06
Ryan Popple2014-06
Tom Von Reichbauer2015-06
Registry & provenance

Proterra 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
1492739
SEC CIK
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Frequently asked
How much funding has Proterra Inc raised?
Proterra Inc has raised approximately $232.0M in disclosed capital across 10 recorded financing rounds, aggregated from public filings.
What is Proterra Inc's estimated valuation?
Provath's modeled valuation for Proterra Inc is approximately $2.8M (modeled range $621K–$7.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Proterra Inc at?
Proterra Inc's latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Nov 09.
What does Proterra Inc do and where is it based?
Proterra Inc operates in the Other sector, based in GREENVILLE.
Explore related

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