Diligence memo · auto-generated · as of July 2, 2026
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Shoals Technologies Group, Inc. operates in Other Energy, based in PORTLAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Shoals Technologies Group, Inc. has raised $6.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.5M on 2021-08-26.
Most recent recorded round closed around 2021-08-26.
Valuation (modeled)modeled
Provath models Shoals Technologies Group, Inc. at approximately $52M (range $8.4M–$215M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.88× the median modeled value of Series A Other Energy companies in 2019–2021 (76 peers) — value vs value, same stage and era. Within the normal band (88% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 4.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 62% of Other Energy peers (2049 compared).
Modeled value ranks above 73% of those peers.
Closest niche peers: NexGrid Holdings, Inc., Swell Energy Inc., VS GP HI Solar I, LLC, Black Rock Renewable Energy LLC, Amply Power, Inc..
Peoplefiled
12 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.