Companies · Environmental Services

Solarcycle, Inc.

MESA · Environmental Services

Diligence memoA one-page analyst read on Solarcycle, Inc. — recommendation, valuation, rhythm, risks.
$36.3M
Total raised · real
2
Rounds
6.7×
Latest step-up
Top 11%
Sector rank · raised
Series B
Latest stage · inferred · Mon Feb 27 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Solarcycle, Inc. has raised $36M over 2 rounds; too few niche peers to rank its valuation yet.

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.

At-risk
  • Last raise 3.3 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Environmental Services

Solarcycle, Inc. is one of 242 Environmental Services companies tracked from MESA. By capital raised it ranks among the largest (ahead of 90% of sector peers), and among the largest 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
19
Investors (latest)
2022
Year incorporated
2023-02-27
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 A · 2021-04-05 Raised $4.7M (real) Modeled valuation $78M (est)$4.7M$78MSeries A2021Series A · 2021-04-05 Raised $4.7M (real) Modeled valuation $78M (est)$4.7M$78MSeries A2021Series B · 2023-02-27 Raised $32M (real) Modeled valuation $324M (est)$32M$324MSeries B2023+$4.7M+$32MCumulative $41M

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 A$4.7M · 2021
Series A extension$4.7M · 2021
Series B$31.6M · 2023

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
$324.2M
Base estimate est.
$72.7M
Conservative case
$750.0M
Upside case
$175.7M
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 climate/enviro sector profile. Directional, not a quoted figure.

Series A · modeled $77.9M · 2021-04-052021Series A · modeled $77.9M · 2021-04-05Series B · modeled $324.2M · 2023-02-272023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
63%
Survival probability
41% low · 76% high
1.38×/yr
Annual markup
1.67×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$19.1M/yr
Capital velocity
5.2 yr
On record since
2021
First round
3
Rounds on file
How it compares to the market

Benchmarked against 242 companies in Environmental Services. 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) 16× above median
This company$36.3M
Sector median$2.3M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.6× above median
This company$31.6M
Sector median$20.0M
Modeled value — vs sector median (estimate, all stages) 13× above median
This company$324.2M
Sector median$25.3M

Raised more than 90% of sector peers (real $). Modeled value above 90% 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 companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Isq Hawkeye Holdings, L.P. · Series B Raised $45.6M · modeled $361.6M (est)Burnbot, Inc. · Series B Raised $26.1M · modeled $197.8M (est)Cambrian Innovation Inc. · Series B Raised $38.2M · modeled $27.1M (est)Solarcycle, Inc. (this company) Raised $36.3M · modeled $324.2M (est)Solarcycle, Inc.
CompanyStageRaised · realValue · estvs peer med.
Isq Hawkeye Holdings, L.P.Series B$45.6M$361.6M1.39×
Solarcycle, Inc. this companySeries B$36.3M$324.2M1.24×
Burnbot, Inc.Series B$26.1M$197.8M0.76×
Cambrian Innovation Inc.Series B$38.2M$27.1M0.10×
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 A$4.7M2021-04-05$21.4M$77.9M90%
Series A$4.7M2021-04-05$21.4M$77.9M90%
Series B$31.6M2023-02-27$175.7M$324.2M90%
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 A$4.7M2021-04-05
    • First recorded raise — entered as Series A.
    • 5 investors on this round.
  2. Series A$4.7M2021-04-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
  3. Series B$31.6M2023-02-27
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 6.7× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~11mo cadence
$94.9M
Modeled next size est.range $61.7M$151.8M
6.7×
Last step-up
$19.1M/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
Suvi Sharma2 other2021-04
JESSE SIMONS2021-04
PABLO DIAZ2021-04
THEODORE HERHOLD2021-04
Registry & provenance

Solarcycle, 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
1924295
SEC CIK
2022
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
BioCrude Technologies USA, Inc.Environmental ServicesSeries B$35.0M$849.0Msame sector · same stage
Biocrude Techologies IncEnvironmental ServicesSeries B$35.0M$121.6Msame sector · same stage
Cambrian Innovation Inc.Environmental ServicesSeries B$38.2M$27.1Msame sector · same stage
Isq Hawkeye Holdings, L.P.Environmental ServicesSeries B$45.6M$361.6Msame sector · same stage
Remediation Services, Inc.Environmental ServicesSeries B$27.6M$668.4Msame sector · same stage
Wca Waste CorpEnvironmental ServicesSeries B$27.3M$291.1Msame sector · same stage
Burnbot, Inc.Environmental ServicesSeries B$26.1M$197.8Msame sector · same stage
Disa Technologies, Inc.Environmental ServicesSeries B$50.8M$82.8Msame 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
SolarCommunities, Inc.Other EnergySeed$13.2M81%
Juniper Environmental, LLCEnvironmental ServicesPre-Seed$16.9M80%
Smart Tire Recycling, Inc.Environmental ServicesPre-Seed$17.9M80%
Circularity2, LLCEnvironmental ServicesSeed$4.1M79%
Earth RepAIR Global, Inc.Environmental ServicesSeed$8.7M79%
Accordant Energy, LLCEnvironmental ServicesSeed$8.6M79%
SCE Environmental Group, inc.Environmental ServicesSeed$59.7M79%
PowerGrow LLCEnvironmental ServicesPre-Seed$13.0M78%
Frequently asked
How much funding has Solarcycle, Inc. raised?
Solarcycle, Inc. has raised approximately $36.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Solarcycle, Inc.'s estimated valuation?
Provath's modeled valuation for Solarcycle, Inc. is approximately $324.2M (modeled range $72.7M–$750.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Solarcycle, Inc. at?
Solarcycle, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Feb 27.
What does Solarcycle, Inc. do and where is it based?
Solarcycle, Inc. operates in the Environmental Services sector, based in MESA.
Explore related

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

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