Companies · Other Energy

Sunverge Energy, Inc.

San Francisco · Other Energy

Diligence memoA one-page analyst read on Sunverge Energy, Inc. — recommendation, valuation, rhythm, risks.
$33.3M
Total raised · real
5
Rounds
0.2×
Latest step-up
Top 15%
Sector rank · raised
Series A
Latest stage · inferred · Wed May 17 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Sunverge Energy, Inc. looks under-valued against its niche peers and is at-risk 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 0.31× the median modeled value of Series A Other Energy companies in 2022–2024 (105 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.1 yr ago; this sector typically re-raises about every 12 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 Other Energy

Sunverge Energy, Inc. is one of 2049 Other Energy companies tracked from San Francisco. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and in the long tail 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
4
Investors (latest)
2023-05-17
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$200MSeed · 2011-12-14 Raised $2.0M (real) Modeled valuation $26M (est)$2.0M$26MSeed2011Series A · 2014-06-03 Raised $15M (real) Modeled valuation $158M (est)$15M$158MSeries A2014Series A · 2021-03-25 Raised $4.0M (real) Modeled valuation $35M (est)$4.0M$35MSeries A2021Series A · 2022-02-25 Raised $10M (real) Modeled valuation $72M (est)$10M$72MSeries A2022Series A · 2023-05-17 Raised $2.1M (real) Modeled valuation $11M (est)$2.1M$11MSeries A2023+$15M+$4.0M+$10M+$2.1MCumulative $33M

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
Seed$2.0M · 2011
Series A$15.0M · 2014
Series A extension$4.0M · 2021
Series A extension$10.3M · 2022
Series A extension$2.1M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-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
$10.6M
Base estimate est.
$2.7M
Conservative case
$29.9M
Upside case
$9.4M
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.

Seed · modeled $26.0M · 2011-12-142011Series A · modeled $158.0M · 2014-06-03Series A · modeled $35.3M · 2021-03-25Series A · modeled $72.1M · 2022-02-25Series A · modeled $10.6M · 2023-05-172023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.28×/yr
Annual markup
1.61×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
34 mo
Avg between rounds
$2.9M/yr
Capital velocity
14.6 yr
On record since
2011
First round
5
Rounds on file
How it compares to the market

Benchmarked against 2049 companies in Other Energy. 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) 9.7× above median
This company$33.3M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.4× of median
This company$2.1M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 0.6× of median
This company$10.6M
Sector median$17.0M

Raised more than 86% of sector peers (real $). Modeled value above 39% 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 #92 of 105.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Versogen, Inc. · Series A Raised $14.5M · modeled $98.9M (est)Juhl Clean Energy Assets, Inc. · Series A Raised $19.2M · modeled $76.3M (est)UtilityAPI, Inc. · Series A Raised $11.0M · modeled $73.5M (est)Premier Uranium, Inc. · Series A Raised $10.0M · modeled $72.6M (est)Controlled Thermal Resources Holdings Inc. · Series A Raised $13.1M · modeled $71.4M (est)Panasol USA Holdings, LLC · Series A Raised $13.2M · modeled $69.6M (est)Renewables Emerging Markets LLC · Series A Raised $10.0M · modeled $69.2M (est)Eden GeoPower, Inc. · Series A Raised $12.6M · modeled $67.6M (est)Sunrock Distributed Generation Inc. · Series A Raised $10.0M · modeled $66.6M (est)Li3 Group, Inc. · Series A Raised $10.0M · modeled $65.6M (est)Tandem Pv, Inc. · Series A Raised $9.1M · modeled $65.1M (est)HelioCasa Corp · Series A Raised $10.0M · modeled $61.4M (est)Sunverge Energy, Inc. (this company) Raised $33.3M · modeled $10.6M (est)Sunverge Energy, Inc.
CompanyStageRaised · realValue · estvs peer med.
Versogen, Inc.Series A$14.5M$98.9M2.92×
Juhl Clean Energy Assets, Inc.Series A$19.2M$76.3M2.25×
UtilityAPI, Inc.Series A$11.0M$73.5M2.17×
Premier Uranium, Inc.Series A$10.0M$72.6M2.14×
Controlled Thermal Resources Holdings Inc.Series A$13.1M$71.4M2.11×
Panasol USA Holdings, LLCSeries A$13.2M$69.6M2.06×
Renewables Emerging Markets LLCSeries A$10.0M$69.2M2.04×
Eden GeoPower, Inc.Series A$12.6M$67.6M1.99×
Sunrock Distributed Generation Inc.Series A$10.0M$66.6M1.97×
Li3 Group, Inc.Series A$10.0M$65.6M1.94×
Tandem Pv, Inc.Series A$9.1M$65.1M1.92×
HelioCasa CorpSeries A$10.0M$61.4M1.81×
Sunverge Energy, Inc. this companySeries A$33.3M$10.6M0.31×
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.
Seed$2.0M2011-12-14$10.0M$26.0M85%
Series A$15.0M2014-06-03$68.0M$158.0M85%
Series A$4.0M2021-03-25$18.2M$35.3M90%
Series A$10.3M2022-02-25$46.8M$72.1M90%
Series A$2.1M2023-05-17$9.4M$10.6M90%
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. Seed$2.0M2011-12-14
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Series A$15.0M2014-06-03
    • Raised again after 30 mo — slower than the ~12 mo sector norm.
    • Round 7.5× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 505).
    • 5 investors on this round.
  3. Series A$4.0M2021-03-25
    • Raised again after 82 mo — slower than the ~12 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 3 investors on this round.
  4. Series A$10.3M2022-02-25
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 3 investors on this round.
  5. Series A$2.1M2023-05-17
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~34mo cadence
$2.1M
Modeled next size est.range $2.1M$3.3M
0.2×
Last step-up
$2.9M/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
Gerd Goette5 other2021-03
James Everett5 other2021-03
Paul Martin5 other2014-06
GEOFF EISENBERG3 other2022-02
Inkwan Hong1 other2014-06
Timothy Krysiek1 other2021-03
Alex De Sousa2023-05
Dean Sanders2011-12
Geoffrey Eisenberg2023-05
John Di Stasio2021-03
John DiStasio2022-02
Kenneth Munson2011-12
Martin Milani2021-03
Scott Donald2014-06
Shingo Yamaguchi2023-05
Toma Yamasaki2021-03
Registry & provenance

Sunverge Energy, 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
1538084
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
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Tgs AsaOther EnergySeries A$24.4M$14.9Msame sector · same stage
Hydro Alternative Energy, Inc.Other EnergySeries A$22.2M$6.8Msame 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
Sunwealth Power, Inc.Other EnergySeries A$6.8M93%
Sunrock Distributed Generation Inc.Other EnergySeries A$66.6M90%
Sunnova Energy International Inc.Other EnergySeries D+$2.2B90%
Sunnova Energy CorpOther EnergySeries D+$2.1B90%
Sunland America, Corp.Other EnergyPre-Seed$2.0M89%
Solaren CorpOther EnergySeries A$28.1M88%
SunTrain, Inc.Other EnergyPre-Seed$6.2M87%
SunSystem Technology, LLCOther EnergyPre-Seed$8.2M87%
Frequently asked
How much funding has Sunverge Energy, Inc. raised?
Sunverge Energy, Inc. has raised approximately $33.3M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Sunverge Energy, Inc.'s estimated valuation?
Provath's modeled valuation for Sunverge Energy, Inc. is approximately $10.6M (modeled range $2.7M–$29.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sunverge Energy, Inc. at?
Sunverge Energy, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed May 17.
What does Sunverge Energy, Inc. do and where is it based?
Sunverge Energy, Inc. operates in the Other Energy sector, based in San Francisco.
Explore related

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