Companies · Energy

Utility Associates, Inc.

DECATUR · Energy · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Utility Associates, Inc. — recommendation, valuation, rhythm, risks.
$11.4M
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 15%
Sector rank · raised
Series A
Latest stage · inferred · Mon Jun 04 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Utility Associates, Inc. looks fair 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.

Fair
  • Modeled value is 0.96× the median modeled value of Series A Energy companies in 2016–2018 (5 peers) — value vs value, same stage and era.
  • Within the normal band (96% of peer median) for its niche.
Dormant
  • Last raise 8.1 yr ago; this sector typically re-raises about every 12 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

Utility Associates, Inc. is one of 69 Energy companies tracked from DECATUR. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

energy

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2018-06-04
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$25M$50M$75M$100MSeries A · 2017-05-22 Raised $6.6M (real) Modeled valuation $70M (est)$6.6M$70MSeries A2017Series A · 2018-06-04 Raised $4.8M (real) Modeled valuation $51M (est)$4.8M$51MSeries A2018+$4.8MCumulative $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
Series A$6.6M · 2017
Series A extension$4.8M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$50.7M
Base estimate est.
$6.2M
Conservative case
$275.8M
Upside case
$21.8M
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.

Series A · modeled $69.8M · 2017-05-222017Series A · modeled $50.7M · 2018-06-042018
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
6.0 yr
Elapsed time used
8.1 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$11.0M/yr
Capital velocity
9.1 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 69 companies in 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) 1.7× above median
This company$11.4M
Sector median$6.8M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.8× of median
This company$4.8M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 2.3× above median
This company$50.7M
Sector median$22.4M

Raised more than 86% of sector peers (real $). Modeled value above 83% 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 #4 of 5.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Dicom Grid Inc · Series A Raised $44.5M · modeled $78.2M (est)MineralSoft, Inc. · Series A Raised $5.2M · modeled $54.5M (est)Health Grid Holding Co · Series A Raised $5.0M · modeled $52.8M (est)BlueLine Grid, Inc. · Series A Raised $10.3M · modeled $25.9M (est)Utility Associates, Inc. (this company) Raised $11.4M · modeled $50.7M (est)Utility Associates, Inc.
CompanyStageRaised · realValue · estvs peer med.
Dicom Grid IncSeries A$44.5M$78.2M1.48×
MineralSoft, Inc.Series A$5.2M$54.5M1.03×
Health Grid Holding CoSeries A$5.0M$52.8M1.00×
Utility Associates, Inc. this companySeries A$11.4M$50.7M0.96×
BlueLine Grid, Inc.Series A$10.3M$25.9M0.49×
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.
Series A$6.6M2017-05-22$30.0M$69.8M90%
Series A$4.8M2018-06-04$21.8M$50.7M90%
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. Series A$6.6M2017-05-22
    • First recorded raise — entered as Series A.
    • 3 investors on this round.
  2. Series A$4.8M2018-06-04
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2019 ~Q2
Modeled next raise · ~12mo cadence
$4.8M
Modeled next size est.range $4.8M$7.7M
0.7×
Last step-up
$11.0M/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
William D. Lese2 other2018-06
Amanda A. Havice2018-06
James T. Matthews2018-06
Joe D. Garcia2018-06
Mack D. Hicks2018-06
Robert S. McKeeman2017-05
Ted M. Davis2017-05
Registry & provenance

Utility Associates, 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
1342863
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
BlueLine Grid, Inc.EnergySeries A$10.3M$25.9Msame sector · same stage
Wireless Electrical Grid LAN, WiGL Inc.EnergySeries A$10.0M$105.6Msame sector · same stage
Power Grid Enterprises, Inc.EnergySeries A$14.0M$42.4Msame sector · same stage
ArnergyEnergySeries A$9.0M$95.1Msame sector · same stage
Johnson Energy Storage, Inc.EnergySeries A$14.5M$3.4Msame sector · same stage
Tank Utility, Inc.EnergySeries A$8.0M$9.8Msame sector · same stage
Ciris Energy IncOther EnergySeries A$10.0M$105.7Mnetwork1 shared operator · same stage
Grid Aero, Inc.EnergySeries A$5.6M$20.1Msame 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
Utility Innovation Holdings, Inc.Other EnergySeries B$23.2M88%
UtilityAPI, Inc.Other EnergySeries A$73.4M88%
Utility Global, Inc.Other EnergySeries C$327.2M86%
Power Grid Enterprises, Inc.EnergySeries A$42.4M85%
Tank Utility, Inc.EnergySeries A$9.8M84%
Utility Ranger, LLCEnergyPre-Seed$3.2M83%
Energy Intelligence, Inc.Other EnergyPre-Seed$2.3M82%
Power Grid Professionals Inc.EnergySeries A$20.4M82%
Frequently asked
How much funding has Utility Associates, Inc. raised?
Utility Associates, Inc. has raised approximately $11.4M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Utility Associates, Inc.'s estimated valuation?
Provath's modeled valuation for Utility Associates, Inc. is approximately $50.7M (modeled range $6.2M–$275.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Utility Associates, Inc. at?
Utility Associates, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Jun 04.
What does Utility Associates, Inc. do and where is it based?
Utility Associates, Inc. operates in the Energy sector, based in DECATUR.
Explore related

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

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