Companies · Other Energy

VEIR, Inc.

Woburn · Other Energy

Diligence memoA one-page analyst read on VEIR, Inc. — recommendation, valuation, rhythm, risks.
$36.7M
Total raised · real
3
Rounds
2.3×
Latest step-up
Top 14%
Sector rank · raised
Series B
Latest stage · inferred · Thu May 11 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

VEIR, Inc. looks fair 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.

Fair
  • Modeled value is 1.34× the median modeled value of Series B Other Energy companies in 2022–2024 (44 peers) — value vs value, same stage and era.
  • Within the normal band (134% of peer median) for its niche.
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

VEIR, Inc. is one of 2048 Other Energy companies tracked from Woburn. By capital raised it ranks in the upper tier (ahead of 87% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
11
Investors (latest)
2019
Year incorporated
2023-05-11
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 · 2020-01-02 Raised $850K (real) Modeled valuation $14M (est)$850K$14MPre-Seed2020Series A · 2021-02-17 Raised $11M (real) Modeled valuation $99M (est)$11M$99MSeries A2021Series B · 2023-05-11 Raised $25M (real) Modeled valuation $165M (est)$25M$165MSeries B2023+$11M+$25MCumulative $37M

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$850K · 2020
Series A$11.0M · 2021no Seed on file
Series B$24.9M · 2023

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: 75%.

Modeled valuation trajectory
$165.2M
Base estimate est.
$59.1M
Conservative case
$367.7M
Upside case
$138.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $13.7M · 2020-01-022020Series A · modeled $99.0M · 2021-02-17Series B · modeled $165.2M · 2023-05-112023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 79% high
1.22×/yr
Annual markup
1.47×/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
20 mo
Avg between rounds
$11.0M/yr
Capital velocity
6.5 yr
On record since
2020
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2048 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) 11× above median
This company$36.7M
Sector median$3.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.3× above median
This company$24.9M
Sector median$19.1M
Modeled value — vs sector median (estimate, all stages) 9.7× above median
This company$165.2M
Sector median$17.0M

Raised more than 87% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #10 of 44.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Pineapple Holdings, Inc. · Series B Raised $32.0M · modeled $264.2M (est)JTEC Energy, Inc. · Series B Raised $32.2M · modeled $246.2M (est)TMC the metals Co Inc. · Series B Raised $30.3M · modeled $232.5M (est)Cherry Street Holding Company, LLC · Series B Raised $27.8M · modeled $207.7M (est)Clean Hydrogen Works LA-1, L.L.C. · Series B Raised $30.0M · modeled $200.5M (est)Aether Fuels Pte. Ltd. · Series B Raised $36.9M · modeled $198.2M (est)Solv4 Energy AZ LLC · Series B Raised $25.0M · modeled $193.6M (est)Infinite Invention, Inc. · Series B Raised $65.4M · modeled $172.3M (est)Nebula Energy LLC · Series B Raised $27.0M · modeled $171.2M (est)Apricus Generation, Inc. · Series B Raised $27.7M · modeled $154.8M (est)Perch Energy, Inc. · Series B Raised $31.6M · modeled $153.2M (est)VEIR, Inc. (this company) Raised $36.7M · modeled $165.2M (est)VEIR, Inc.
CompanyStageRaised · realValue · estvs peer med.
Pineapple Holdings, Inc.Series B$32.0M$264.2M2.14×
JTEC Energy, Inc.Series B$32.2M$246.2M2.00×
TMC the metals Co Inc.Series B$30.3M$232.5M1.88×
Cherry Street Holding Company, LLCSeries B$27.8M$207.7M1.68×
Clean Hydrogen Works LA-1, L.L.C.Series B$30.0M$200.5M1.63×
Aether Fuels Pte. Ltd.Series B$36.9M$198.2M1.61×
Solv4 Energy AZ LLCSeries B$25.0M$193.6M1.57×
Infinite Invention, Inc.Series B$65.4M$172.3M1.40×
Nebula Energy LLCSeries B$27.0M$171.2M1.39×
VEIR, Inc. this companySeries B$36.7M$165.2M1.34×
Apricus Generation, Inc.Series B$27.7M$154.8M1.26×
Perch Energy, Inc.Series B$31.6M$153.2M1.24×
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$850K2020-01-02$4.7M$13.7M90%
Series A$11.0M2021-02-17$49.9M$99.0M90%
Series B$24.9M2023-05-11$138.3M$165.2M90%
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$850K2020-01-02
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Series A$11.0M2021-02-17
    • Raised 14 mo later, in step with the ~12 mo sector norm.
    • Round 12.9× larger than the prior — scaling up.
    • 7 investors on this round.
  3. Series B$24.9M2023-05-11
    • Raised again after 27 mo — slower than the ~12 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 11 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~20mo cadence
$56.5M
Modeled next size est.range $36.7M$90.4M
2.3×
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
Daniel Leff10 other2023-05
Katie Rae9 other2021-02
Joshua Posamentier6 other2021-02
Christopher Poirier4 other2023-05
Michael Kearney4 other2023-05
Adam Wallen2 other2020-01
Doug Stewart1 other2020-01
Krzysztof Zadlo2023-05
Tim Heidel2020-01
Registry & provenance

VEIR, 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
1800077
SEC CIK
2019
Incorporated
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
Mantel Capture, Inc.OtherSeries B$32.1M$183.4Mnetwork2 shared operators · same stage
Aether Fuels Pte. Ltd.Other EnergySeries B$36.9M$198.2Msame sector · same stage
Energy & Power Solutions, Inc.Other EnergySeries B$35.5M$63.8Msame sector · same stage
Nuvve Holding Corp.Other EnergySeries B$35.5M$98.1Msame sector · same stage
David Energy Systems, Inc.Other EnergySeries B$38.1M$87.0Msame sector · same stage
FlexEnergy, Inc.Other EnergySeries B$38.2M$217.5Msame sector · same stage
Pure Lithium CorpOther EnergySeries B$35.2M$112.8Msame sector · same stage
Sustainx IncOther EnergySeries B$38.4M$232.1Msame 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
Veriwatt Investment Group, LLCOther EnergySeed$7.0M87%
VECO Power Trading, LLCOther EnergySeries B$268.1M87%
VesprSolar, Inc.Other EnergyPre-Seed$6.2M86%
VEP Smolyan LLCOther EnergySeed$6.0M86%
Versogen, Inc.Other EnergySeries A$98.8M85%
Juicer Energy Inc.Other EnergySeries A$8.1M83%
Verus International, Inc.OtherSeed$9.3M83%
VLUX LtdOther EnergySeries B$389.1M82%
Frequently asked
How much funding has VEIR, Inc. raised?
VEIR, Inc. has raised approximately $36.7M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is VEIR, Inc.'s estimated valuation?
Provath's modeled valuation for VEIR, Inc. is approximately $165.2M (modeled range $59.1M–$367.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is VEIR, Inc. at?
VEIR, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu May 11.
What does VEIR, Inc. do and where is it based?
VEIR, Inc. operates in the Other Energy sector, based in Woburn.
Explore related

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

Is this your company?

If you work at VEIR, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.