Diligence memo · auto-generated · as of July 2, 2026
Swell Energy Inc.
Swell Energy Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Swell Energy Inc. operates in Other Energy, based in SANTA MONICA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Swell Energy Inc. has raised $14M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2019-11-27.
Most recent recorded round closed around 2019-11-27.
Valuation (modeled)modeled
Provath models Swell Energy Inc. at approximately $144M (range $18M–$784M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.45× the median modeled value of Series A Other Energy companies in 2019–2021 (76 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 6.6 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 74% of Other Energy peers (2049 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: NexGrid Holdings, Inc., VS GP HI Solar I, LLC, Black Rock Renewable Energy LLC, Amply Power, Inc., MG Nitrogen Investment LLC.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.