Companies · Energy / Climate

Seek Thermal, Inc.

GOLETA · Energy / Climate · refined from filed group “Other

Diligence memoA one-page analyst read on Seek Thermal, Inc. — recommendation, valuation, rhythm, risks.
$39.2M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 10%
Sector rank · raised
Series B
Latest stage · inferred · Tue Jan 31 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Seek Thermal, 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 energy 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 0.11× the median modeled value of Series B Energy / Climate companies in 2016–2018 (9 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.4 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 / Climate

Seek Thermal, Inc. is one of 235 Energy / Climate companies tracked from GOLETA. By capital raised it ranks among the largest (ahead of 91% of sector peers), and mid-pack 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
Rule 506(b)
Reg D exemption
22
Investors (latest)
2012
Year incorporated
2017-01-31
First sale
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$125M$250M$375M$500MSeries B · 2012-10-17 Raised $18M (real) Modeled valuation $246M (est)Series B2012Series B · 2012-10-17 Raised $20M (real) Modeled valuation $274M (est)Series B2012Series B · 2013-12-30 Raised $10M (real) Modeled valuation $137M (est)Series B2013Series A · 2013-12-30 Raised $8.3M (real) Modeled valuation $103M (est)Series A2013Series B · 2015-05-21 Raised $7.2M (real) Modeled valuation $98M (est)Series B2015Series B · 2015-07-01 Raised $15M (real) Modeled valuation $205M (est)Series B2015Series B · 2017-01-31 Raised $2.1M (real) Modeled valuation $29M (est)Series B2017+$20M+$10M+$8.3M+$7.2M+$15M+$2.1MCumulative $81M

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 B$18.0M · 2012
Series B extension$20.0M · 2012
Series B extension$10.0M · 2013
Bridge · Series B-stage$8.3M · 2013smaller follow-on
Series B extension$7.2M · 2015
Series B extension$15.0M · 2015
Series B extension$2.1M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$28.5M
Base estimate est.
$4.8M
Conservative case
$109.7M
Upside case
$11.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series B · modeled $246.4M · 2012-10-172012Series B · modeled $273.8M · 2012-10-17Series B · modeled $136.9M · 2013-12-30Series A · modeled $103.2M · 2013-12-30Series B · modeled $98.1M · 2015-05-21Series B · modeled $205.3M · 2015-07-01Series B · modeled $28.5M · 2017-01-312017
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
63%
Survival probability
42% low · 77% high
1.25×/yr
Annual markup
1.52×/yr upside case
6.0 yr
Elapsed time used
9.4 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$9.1M/yr
Capital velocity
13.7 yr
On record since
2012
First round
7
Rounds on file
How it compares to the market

Benchmarked against 235 companies in Energy / Climate. 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) 7.8× above median
This company$39.2M
Sector median$5.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.1M
Sector median$17.9M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$28.5M
Sector median$19.0M

Raised more than 91% of sector peers (real $). Modeled value above 61% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #9 of 9.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)WCI - Power Investments, LLC · Series B Raised $32.4M · modeled $443.0M (est)Achates Power Inc · Series B Raised $53.1M · modeled $408.2M (est)Power Design Holdings, LLC · Series B Raised $41.9M · modeled $405.5M (est)Kingdom Wireless Power II, LLC · Series B Raised $21.5M · modeled $294.4M (est)Brilliant Light Power, Inc · Series B Raised $34.0M · modeled $251.0M (est)MTPV Power Corp · Series B Raised $37.4M · modeled $245.0M (est)Brigade Energy Holdings LLC · Series B Raised $15.6M · modeled $213.8M (est)ViZn Energy Systems, Inc · Series B Raised $39.3M · modeled $104.8M (est)Seek Thermal, Inc. (this company) Raised $39.2M · modeled $28.5M (est)Seek Thermal, Inc.
CompanyStageRaised · realValue · estvs peer med.
WCI - Power Investments, LLCSeries B$32.4M$443.0M1.76×
Achates Power IncSeries B$53.1M$408.2M1.63×
Power Design Holdings, LLCSeries B$41.9M$405.5M1.62×
Kingdom Wireless Power II, LLCSeries B$21.5M$294.4M1.17×
Brilliant Light Power, IncSeries B$34.0M$251.0M1.00×
MTPV Power CorpSeries B$37.4M$245.0M0.98×
Brigade Energy Holdings LLCSeries B$15.6M$213.8M0.85×
ViZn Energy Systems, IncSeries B$39.3M$104.8M0.42×
Seek Thermal, Inc. this companySeries B$39.2M$28.5M0.11×
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 B$18.0M2012-10-17$100.0M$246.4M85%
Series B$20.0M2012-10-17$111.1M$273.8M85%
Series B$10.0M2013-12-30$55.6M$136.9M85%
Series A$8.3M2013-12-30$37.6M$103.2M85%
Series B$7.2M2015-05-21$39.8M$98.1M85%
Series B$15.0M2015-07-01$83.3M$205.3M85%
Series B$2.1M2017-01-31$11.6M$28.5M90%
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. Series B$18.0M2012-10-17
    • First recorded raise — entered as Series B.
    • 33 investors on this round.
  2. Series B$20.0M2012-10-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 37 investors on this round.
  3. Series B$10.0M2013-12-30
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 39 investors on this round.
  4. Series A$8.3M2013-12-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 35 investors on this round.
  5. Series B$7.2M2015-05-21
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 28 investors on this round.
  6. Series B$15.0M2015-07-01
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
  7. Series B$2.1M2017-01-31
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round 7.2× smaller than the prior — bridge or down round.
    • 22 investors on this round.
Intelligence
2017 ~Q4
Modeled next raise · ~9mo cadence
$2.1M
Modeled next size est.range $2.1M$3.3M
0.1×
Last step-up
$9.1M/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
L. Robert Johnson4 other2013-12
William Parrish1 other2017-01
E. Timothy Fitzgibbons2012-10
Michael Muench2017-01
Michael R. Muench2015-05
Stephen J. Kaufman2013-12
Stephen Robert Kaufman2013-12
Stephen Timothy Kaufman2012-10
William J. Parrish2012-10
Registry & provenance

Seek Thermal, 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
1561086
SEC CIK
2012
Incorporated
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
ViZn Energy Systems, IncEnergy / ClimateSeries B$39.3M$104.8Msame sector · same stage
American Intelligence & Power CorpEnergy / ClimateSeries B$40.0M$158.3Msame sector · same stage
Power-Sonic Holdings LLCEnergy / ClimateSeries B$40.4M$53.3Msame sector · same stage
MTPV Power CorpEnergy / ClimateSeries B$37.4M$245.0Msame sector · same stage
Power Design Holdings, LLCEnergy / ClimateSeries B$41.9M$405.5Msame sector · same stage
Brilliant Light Power, IncEnergy / ClimateSeries B$34.0M$251.0Msame sector · same stage
WCI - Power Investments, LLCEnergy / ClimateSeries B$32.4M$443.0Msame sector · same stage
Noon Energy Inc.Energy / ClimateSeries B$30.7M$219.5Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Peak Thermal, IncEnergy / ClimatePre-Seed$1.5M87%
Energy Finders IncEnergy / ClimatePre-Seed$1.0M86%
Electrified Thermal Solutions, Inc.Energy / ClimateSeries B$105.6M83%
Thermal Gradient, Inc.Energy / ClimatePre-Seed$11.7M82%
ANI Energy, LLCEnergy / ClimatePre-Seed$3.7M82%
Delta Thermal, Inc.Energy / ClimatePre-Seed$1.4M82%
Wild Energy, Inc.Energy / ClimateSeed$16.8M82%
Overview Energy, Inc.Energy / ClimateSeries A$47.7M82%
Frequently asked
How much funding has Seek Thermal, Inc. raised?
Seek Thermal, Inc. has raised approximately $39.2M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Seek Thermal, Inc.'s estimated valuation?
Provath's modeled valuation for Seek Thermal, Inc. is approximately $28.5M (modeled range $4.8M–$109.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Seek Thermal, Inc. at?
Seek Thermal, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Jan 31.
What does Seek Thermal, Inc. do and where is it based?
Seek Thermal, Inc. operates in the Energy / Climate sector, based in GOLETA.
Explore related

See where Seek Thermal, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Seek Thermal, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.