Companies · Climate / Cleantech

Solitude Solar, LLC

LATHAM · Climate / Cleantech · refined from filed group “Other

Diligence memoA one-page analyst read on Solitude Solar, LLC — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
1
Rounds
1.9×
Latest step-up
Top 50%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jun 26 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Solitude Solar, LLC 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 climate/enviro 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 0.55× the median modeled value of Seed Climate / Cleantech companies in 2022–2024 (11 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.0 yr ago; this sector typically re-raises about every 9 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Solitude Solar, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
3.0 yr record
Peak capital year was 2023 with $1.6M across 2 filings.
Market position
ahead of 51% of Climate / Cleantech peers
Capital scale is ahead of 51% of Climate / Cleantech peers; modeled value is above 55% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $1.6M across 2 filings.
  • Largest single filing was $1.0M on 2023-06-26.
  • Filing rows sum to $1.6M, while canonical raised total is $1.0M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Climate / Cleantech

Solitude Solar, LLC is one of 207 Climate / Cleantech companies tracked from LATHAM. By capital raised it ranks mid-pack (ahead of 51% 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.

climate/cleantech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2023-06-26
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$2.5M$5.0M$7.5M$10MPre-Seed · 2023-06-26 Raised $550K (real) Modeled valuation $4.0M (est)$550K$4.0MPre-Seed2023Seed · 2023-06-26 Raised $1.0M (real) Modeled valuation $7.3M (est)$1.0M$7.3MSeed2023+$1.0MCumulative $1.6M

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
Pre-Seed$550K · 2023
Seed$1.0M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$7.3M
Base estimate est.
$849K
Conservative case
$25.6M
Upside case
$5.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the climate/enviro sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $4.0M · 2023-06-262023Seed · modeled $7.3M · 2023-06-262023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
37%
Survival probability
17% low · 57% high
1.57×/yr
Annual markup
2.05×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
climate/enviro
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
3.0 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 207 companies in Climate / Cleantech. 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) 0.1× of median
This company$1.0M
Sector median$8.1M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.5× of median
This company$1.0M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$7.3M
Sector median$59.8M

Raised more than 51% of sector peers (real $). Modeled value above 55% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #10 of 11.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Hohm Energy · Seed Raised $8.0M · modeled $42.2M (est)Climate Solution Investments LLC · Seed Raised $2.5M · modeled $26.9M (est)KarmSolar · Seed Raised $3.0M · modeled $26.2M (est)Reunion Infrastructure, Inc. · Seed Raised $2.9M · modeled $25.9M (est)EVident Battery, Inc. · Seed Raised $3.0M · modeled $13.4M (est)Sesame Sustainability Inc. · Seed Raised $2.4M · modeled $13.4M (est)Bardo Climate Inc. · Seed Raised $2.4M · modeled $11.1M (est)Susquehanna Solar, LLC · Seed Raised $2.5M · modeled $9.2M (est)Climate Scale Inc. · Seed Raised $2.0M · modeled $7.4M (est)International Battery Metals Ltd. · Seed Raised $3.1M · modeled $919K (est)Solitude Solar, LLC (this company) Raised $1.0M · modeled $7.3M (est)Solitude Solar, LLC
CompanyStageRaised · realValue · estvs peer med.
Hohm EnergySeed$8.0M$42.2M3.15×
Climate Solution Investments LLCSeed$2.5M$26.9M2.01×
KarmSolarSeed$3.0M$26.2M1.96×
Reunion Infrastructure, Inc.Seed$2.9M$25.9M1.94×
EVident Battery, Inc.Seed$3.0M$13.4M1.00×
Sesame Sustainability Inc.Seed$2.4M$13.4M1.00×
Bardo Climate Inc.Seed$2.4M$11.1M0.83×
Susquehanna Solar, LLCSeed$2.5M$9.2M0.69×
Climate Scale Inc.Seed$2.0M$7.4M0.55×
Solitude Solar, LLC this companySeed$1.0M$7.3M0.55×
International Battery Metals Ltd.Seed$3.1M$919K0.07×
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.
Pre-Seed$550K2023-06-26$3.1M$4.0M90%
Seed$1.0M2023-06-26$5.1M$7.3M90%
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. Pre-Seed$550K2023-06-26
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Seed$1.0M2023-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
Modeled next raise
$1.9M
Modeled next size est.range $1.2M$3.1M
1.9×
Last step-up
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
MARK RICHARDSON4 other2023-06
Michael Fingar2023-06
Toni Popolizio2023-06
Registry & provenance

Solitude Solar, LLC 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
1984308
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
NuruClimate / CleantechSeed$1.2M$23.9Msame sector · same stage
Spark LlcClimate / CleantechSeed$1.3M$3.1Msame sector · same stage
FeedClimate / CleantechSeed$1.5M$3.7Msame sector · same stage
PEG AfricaClimate / CleantechSeed$1.5M$40.7Msame sector · same stage
The Awareness CompanyClimate / CleantechSeed$1.6M$5.7Msame sector · same stage
PawameClimate / CleantechSeed$2.0M$54.3Msame sector · same stage
Climate Scale Inc.Climate / CleantechSeed$2.0M$7.4Msame sector · same stage
Bardo Climate Inc.Climate / CleantechSeed$2.4M$11.1Msame 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
Complete Solar, Inc.Climate / CleantechSeries A$244.6M83%
Susquehanna Solar, LLCClimate / CleantechSeed$9.2M82%
Scenic Hill Solar XXV, LLCOther EnergySeries A$33.9M82%
Crossroads Solar Enterprises, Inc.Climate / CleantechPre-Seed$2.7M82%
Trinary Solar Group VIII LLCOther EnergySeed$9.8M82%
Scenic Hill Solar XVIII, LLCOther EnergySeries A$70.0M82%
Swift Solar Inc.Climate / CleantechSeries B$196.7M82%
Scenic Hill Solar XXXI, LLCOther EnergySeed$19.0M82%
Frequently asked
How much funding has Solitude Solar, LLC raised?
Solitude Solar, LLC has raised approximately $1.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Solitude Solar, LLC's estimated valuation?
Provath's modeled valuation for Solitude Solar, LLC is approximately $7.3M (modeled range $849K–$25.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Solitude Solar, LLC at?
Solitude Solar, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jun 26.
What does Solitude Solar, LLC do and where is it based?
Solitude Solar, LLC operates in the Climate / Cleantech sector, based in LATHAM.
Explore related

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

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