Companies · Energy / Climate

Solid Power Inc.

LOUISVILLE · Energy / Climate · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Solid Power Inc. — recommendation, valuation, rhythm, risks.
$180.2M
Total raised · real
3
Rounds
29.1×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Wed May 05 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Solid Power Inc. has raised $180M over 3 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 energy sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 5.2 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

Solid Power Inc. is one of 235 Energy / Climate companies tracked from LOUISVILLE. By capital raised it ranks among the largest (ahead of 99% 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
12
Investors (latest)
2021-05-05
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$500M$1.0B$1.5B$2.0BSeries B · 2017-08-21 Raised $26M (real) Modeled valuation $356M (est)$26M$356MSeries B2017Seed · 2017-08-21 Raised $3.5M (real) Modeled valuation $54M (est)$3.5M$54MSeed2017Series B · 2017-08-21 Raised $26M (real) Modeled valuation $356M (est)$26M$356MSeries B2017Series B · 2020-12-10 Raised $5.1M (real) Modeled valuation $63M (est)$5.1M$63MSeries B2020Series D+ · 2021-05-05 Raised $149M (real) Modeled valuation $1.9B (est)$149M$1.9BSeries D+2021+$3.5M+$26M+$5.1M+$149MCumulative $210M

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$26.0M · 2017
Bridge · Series B-stage$3.5M · 2017smaller follow-on
Series B extension$26.0M · 2017
Series B extension$5.1M · 2020
Series D+$149.0M · 2021no Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series C — 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
$1.9B
Base estimate est.
$785.4M
Conservative case
$3.8B
Upside case
$1.2B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Series B · modeled $356.2M · 2017-08-212017Seed · modeled $53.6M · 2017-08-21Series B · modeled $356.2M · 2017-08-21Series B · modeled $63.4M · 2020-12-10Series D+ · modeled $1.9B · 2021-05-052021
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
79%
Survival probability
63% low · 87% high
1.14×/yr
Annual markup
1.27×/yr upside case
5.2 yr
Elapsed time used
5.2 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$48.6M/yr
Capital velocity
8.9 yr
On record since
2017
First round
5
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) 36× above median
This company$180.2M
Sector median$5.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.0× above median
This company$149.0M
Sector median$149.0M
Modeled value — vs sector median (estimate, all stages) 100× above median
This company$1.9B
Sector median$19.0M

Raised more than 99% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Solid Power Inc. this companySeries D+$180.2M$1.9B1.07×
Crusoe Energy Systems Inc.Series D+$128.0M$1.6B0.93×
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$26.0M2017-08-21$144.6M$356.2M90%
Seed$3.5M2017-08-21$17.5M$53.6M90%
Series B$26.0M2017-08-21$144.6M$356.2M90%
Series B$5.1M2020-12-10$28.5M$63.4M90%
Series D+$149.0M2021-05-05$1.2B$1.9B90%
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$26.0M2017-08-21
    • First recorded raise — entered as Series B.
    • 8 investors on this round.
  2. Seed$3.5M2017-08-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series B$26.0M2017-08-21
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.4× larger than the prior — scaling up.
    • 8 investors on this round.
  4. Series B$5.1M2020-12-10
    • Raised again after 40 mo — slower than the ~11 mo sector norm.
    • Round 5.1× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  5. Series D+$149.0M2021-05-05
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 29.1× larger than the prior — scaling up.
    • 12 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~11mo cadence
$447.1M
Modeled next size est.range $290.6M$715.3M
29.1×
Last step-up
$48.6M/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
Matthew Jones8 other2017-08
David Schroeder4 other2017-08
Steve Goldberg3 other2020-12
Douglas Campbell2 other2017-08
Alexandra Gold1 other2017-08
David Jansen1 other2017-08
Brandon Kelly2017-08
Conrad Stoldt2017-08
Joshua Buettner-Garrett2017-08
Rainer Feurer2021-05
Steve Furhman2017-08
Theodore Miller2021-05
Registry & provenance

Solid Power 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
1728480
SEC CIK
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
Crusoe Energy Systems Inc.Energy / ClimateSeries D+$128.0M$1.6Bsame sector · same stage
Natron Energy, Inc.Energy / ClimateSeries D+$255.4M$1.7Bsame sector · same stage
Electric Hydrogen Co.Energy / ClimateSeries D+$544.6M$3.8Bsame sector · same stage
Tigo Energy IncEnergy / ClimateSeries B$150.9M$48.1Msame sector
LevelTen Energy, Inc.Energy / ClimateSeries C$137.3M$422.1Msame sector
Lightship Energy, Inc.Energy / ClimateSeries B$88.0M$108.1Msame sector
Universal Hydrogen Co.Energy / ClimateSeries C$85.0M$691.0Msame sector
KLR Energy Acquisition Corp.Energy / ClimateSeries C$75.0M$1.1Bsame sector
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
Basic Power, Inc.Energy / ClimatePre-Seed$7.1M89%
Digital Power CorpEnergy / ClimateSeed$38.3M88%
Power Design Holdings, LLCEnergy / ClimateSeries B$405.5M88%
Geared Power, LLCEnergy / ClimatePre-Seed$4.3M87%
Electric Power Systems, Inc.Energy / ClimateSeries A$187.0M87%
LAND Energy, Inc.Energy / ClimateSeries A$31.2M87%
MTPV Power CorpEnergy / ClimateSeries B$245.0M86%
Stark Power IncEnergy / ClimateSeries A$74.8M86%
Frequently asked
How much funding has Solid Power Inc. raised?
Solid Power Inc. has raised approximately $180.2M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Solid Power Inc.'s estimated valuation?
Provath's modeled valuation for Solid Power Inc. is approximately $1.9B (modeled range $785.4M–$3.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Solid Power Inc. at?
Solid Power Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed May 05.
What does Solid Power Inc. do and where is it based?
Solid Power Inc. operates in the Energy / Climate sector, based in LOUISVILLE.
Explore related

See where Solid Power 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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