Companies · Energy / Climate

Strad Energy Services Ltd

CALGARY · Energy / Climate · refined from filed group “Other

Diligence memoA one-page analyst read on Strad Energy Services Ltd — recommendation, valuation, rhythm, risks.
$11.4M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 29%
Sector rank · raised
Series A
Latest stage · inferred · Tue Feb 07 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Strad Energy Services Ltd 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 energy 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 0.13× the median modeled value of Series A Energy / Climate companies in 2016–2018 (14 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.4 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

Strad Energy Services Ltd is one of 235 Energy / Climate companies tracked from CALGARY. By capital raised it ranks in the upper tier (ahead of 72% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2017-02-07
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$50M$100M$150M$200MPre-Seed · 2010-09-09 Raised $1.0M (real) Modeled valuation $19M (est)$1.0M$19MPre-Seed2010Series A · 2010-11-23 Raised $9.7M (real) Modeled valuation $121M (est)$9.7M$121MSeries A2010Series A · 2017-02-07 Raised $708K (real) Modeled valuation $8.8M (est)$708K$8.8MSeries A2017+$9.7M+$708KCumulative $11M

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$1.0M · 2010
Series A$9.7M · 2010no Seed on file
Series A extension$708K · 2017

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$8.8M
Base estimate est.
$897K
Conservative case
$48.0M
Upside case
$3.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $19.0M · 2010-09-092010Series A · modeled $120.6M · 2010-11-23Series A · modeled $8.8M · 2017-02-072017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
51%
Survival probability
28% low · 70% high
1.32×/yr
Annual markup
1.67×/yr upside case
6.0 yr
Elapsed time used
9.4 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
38 mo
Avg between rounds
$1.8M/yr
Capital velocity
15.8 yr
On record since
2010
First round
3
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) 2.3× above median
This company$11.4M
Sector median$5.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$708K
Sector median$6.1M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$8.8M
Sector median$19.0M

Raised more than 72% of sector peers (real $). Modeled value above 43% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #13 of 14.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Aquilon Energy Services, Inc. · Series A Raised $28.4M · modeled $181.6M (est)ZAF Energy Systems, Inc · Series A Raised $26.1M · modeled $154.6M (est)Gridtential Energy, Inc. · Series A Raised $13.6M · modeled $137.1M (est)HyTech Power, INC. · Series A Raised $10.0M · modeled $124.7M (est)NexGen Power Systems, Inc. · Series A Raised $8.0M · modeled $99.7M (est)Delta Energy & Communications, Inc. · Series A Raised $9.4M · modeled $88.6M (est)Stark Power Inc · Series A Raised $6.0M · modeled $74.8M (est)Pure Power Financial II, LLC · Series A Raised $5.3M · modeled $65.6M (est)Pure Power Financial, LLC · Series A Raised $5.0M · modeled $62.3M (est)Angstron Energy Co · Series A Raised $8.7M · modeled $37.4M (est)Optimum Energy LLC · Series A Raised $33.5M · modeled $37.4M (est)QM Power, Inc. · Series A Raised $12.1M · modeled $12.5M (est)Strad Energy Services Ltd (this company) Raised $11.4M · modeled $8.8M (est)Strad Energy Services Ltd
CompanyStageRaised · realValue · estvs peer med.
Aquilon Energy Services, Inc.Series A$28.4M$181.6M2.59×
ZAF Energy Systems, IncSeries A$26.1M$154.6M2.20×
Gridtential Energy, Inc.Series A$13.6M$137.1M1.95×
HyTech Power, INC.Series A$10.0M$124.7M1.78×
NexGen Power Systems, Inc.Series A$8.0M$99.7M1.42×
Delta Energy & Communications, Inc.Series A$9.4M$88.6M1.26×
Stark Power IncSeries A$6.0M$74.8M1.07×
Pure Power Financial II, LLCSeries A$5.3M$65.6M0.93×
Pure Power Financial, LLCSeries A$5.0M$62.3M0.89×
Angstron Energy CoSeries A$8.7M$37.4M0.53×
Optimum Energy LLCSeries A$33.5M$37.4M0.53×
QM Power, Inc.Series A$12.1M$12.5M0.18×
Strad Energy Services Ltd this companySeries A$11.4M$8.8M0.13×
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$1.0M2010-09-09$5.6M$19.0M85%
Series A$9.7M2010-11-23$44.0M$120.6M85%
Series A$708K2017-02-07$3.2M$8.8M90%
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$1.0M2010-09-09
    • First recorded raise — entered as Pre-Seed.
  2. Series A$9.7M2010-11-23
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 9.7× larger than the prior — scaling up.
    • Switched to Rule 06 (was Rule 504).
    • 7 investors on this round.
  3. Series A$708K2017-02-07
    • Raised again after 75 mo — slower than the ~11 mo sector norm.
    • Round 13.7× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 3 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~38mo cadence
$708K
Modeled next size est.range $708K$1.1M
0.1×
Last step-up
$1.8M/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
Michael Donovan4 other2017-02
Andy Pernal2010-09
Barry R. Giovanetto2010-11
Brady Flett2010-11
Byron Johnson2010-09
Craig A. Hruska2017-02
Doran Oancia2010-11
Henry Van Der Sloot2010-09
Jack H. Nodwell2010-11
John A. Hagg2010-11
Lyle A. Wood2017-02
Robert G. Puchniak2010-11
Robert Grandfield2010-09
Rob Grandfield2010-11
Shane Hopkie2017-02
Tom Alford2017-02
Registry & provenance

Strad Energy Services Ltd 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
1499360
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
Energy Water Services HoldCo LLCEnergy / ClimateSeries A$10.9M$135.7Msame sector · same stage
Avenir Energy Investors, LPEnergy / ClimateSeries A$10.8M$39.1Msame sector · same stage
QM Power, Inc.Energy / ClimateSeries A$12.1M$12.5Msame sector · same stage
Thermal Imaging Radar, LLCEnergy / ClimateSeries A$12.3M$140.4Msame sector · same stage
Logan Energy Corp.Energy / ClimateSeries A$10.6M$23.5Msame sector · same stage
Titan Advanced Energy Solutions, Inc.Energy / ClimateSeries A$10.2M$127.1Msame sector · same stage
HyTech Power, INC.Energy / ClimateSeries A$10.0M$124.7Msame sector · same stage
Veloce Energy, Inc.Energy / ClimateSeries A$13.0M$72.7Msame 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
Esrey Energy Ltd.Energy / ClimatePre-Seed$2.1M86%
Storion Energy, Inc.Energy / ClimateSeries A$4.7M85%
Fusion Energy Solutions, Inc.Energy / ClimateSeries A$6.2M84%
Coelacanth Energy Inc.Energy / ClimateSeries B$140.9M84%
Rolling Energy Resources, Inc.Energy / ClimatePre-Seed$8.5M83%
Solution Energy Pty LtdEnergy / ClimateSeries A$5.7M83%
Westbridge Energy Corp.Energy / ClimatePre-Seed$1.6M83%
MCF Energy Ltd.Energy / ClimatePre-Seed$4.0M83%
Frequently asked
How much funding has Strad Energy Services Ltd raised?
Strad Energy Services Ltd has raised approximately $11.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Strad Energy Services Ltd's estimated valuation?
Provath's modeled valuation for Strad Energy Services Ltd is approximately $8.8M (modeled range $897K–$48.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Strad Energy Services Ltd at?
Strad Energy Services Ltd's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Feb 07.
What does Strad Energy Services Ltd do and where is it based?
Strad Energy Services Ltd operates in the Energy / Climate sector, based in CALGARY.
Explore related

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

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