Diligence memo · auto-generated · as of July 2, 2026
Smart Green Solar Inc.
Smart Green Solar Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Smart Green Solar Inc. operates in Climate / Cleantech, based in PROVIDENCE.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Smart Green Solar Inc. has raised $10M 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: $10M on 2024-02-12.
Most recent recorded round closed around 2024-02-12.
Valuation (modeled)modeled
Provath models Smart Green Solar Inc. at approximately $57M (range $13M–$134M). 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 Climate / Cleantech companies in 2022–2024 (15 peers) — value vs value, same stage and era. Within the normal band (88% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 2.4 yr ago; this sector typically re-raises about every 9 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 76% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 71% of those peers.
Closest niche peers: Trion Battery Technologies Inc., Climate Club Holdings Pbc, WATT, Climate Action Reserve LLC, Wren Climate, PBC.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.