Diligence memo · auto-generated · as of July 2, 2026
Swift Solar Inc.
Swift Solar Inc. has raised $45M over 6 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Swift Solar Inc. operates in Climate / Cleantech, based in SAN CARLOS.
Sub-sector tags: climate/cleantech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Swift Solar Inc. has raised $45M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $25M on 2023-12-06.
Most recent recorded round closed around 2023-12-06.
Valuation (modeled)modeled
Provath models Swift Solar Inc. at approximately $197M (range $57M–$393M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 2.6 yr ago; this sector typically re-raises about every 9 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 5.9× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 87% of Climate / Cleantech peers (207 compared).
Modeled value ranks above 85% of those peers.
Closest niche peers: Sunfolding, Inc., Global Weather & Climate Solutions, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.