Companies · Other Energy

Zap Energy, Inc.

Everett · Other Energy

Diligence memoA one-page analyst read on Zap Energy, Inc. — recommendation, valuation, rhythm, risks.
$319.0M
Total raised · real
4
Rounds
1.2×
Latest step-up
Top 3%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Jul 15 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Zap 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 0.60× the median modeled value of Series D+ Other Energy companies in 2022–2024 (10 peers) — value vs value, same stage and era.
At-risk
  • Last raise 24 mo 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

Zap Energy, Inc. is one of 2049 Other Energy companies tracked from Everett. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest 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
40
Investors (latest)
2024-07-15
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$500M$1.0B$1.5B$2.0BSeed · 2019-08-28 Raised $1.1M (real) Modeled valuation $14M (est)$1.1M$14MSeed2019Series B · 2021-04-20 Raised $25M (real) Modeled valuation $250M (est)$25M$250MSeries B2021Series D+ · 2022-05-24 Raised $163M (real) Modeled valuation $1.6B (est)$163M$1.6BSeries D+2022Series D+ · 2022-05-24 Raised $110M (real) Modeled valuation $1.1B (est)$110M$1.1BSeries D+2022Series D+ · 2024-07-15 Raised $130M (real) Modeled valuation $1.1B (est)$130M$1.1BSeries D+2024+$25M+$163M+$110M+$130MCumulative $429M

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$1.1M · 2019
Series B$25.2M · 2021no Series A on file
Series D+$162.6M · 2022no Series C on file
Series D+ extension$110.4M · 2022
Series D+ extension$130.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$1.1B
Base estimate est.
$699.8M
Conservative case
$1.5B
Upside case
$1.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the energy sector profile. Directional, not a quoted figure.

Seed · modeled $14.3M · 2019-08-282019Series B · modeled $250.5M · 2021-04-20Series D+ · modeled $1.6B · 2022-05-24Series D+ · modeled $1.1B · 2022-05-24Series D+ · modeled $1.1B · 2024-07-152024
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
81%
Survival probability
65% low · 89% high
1.10×/yr
Annual markup
1.24×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$65.3M/yr
Capital velocity
6.8 yr
On record since
2019
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) 93× above median
This company$319.0M
Sector median$3.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.2× above median
This company$130.0M
Sector median$105.3M
Modeled value — vs sector median (estimate, all stages) 62× above median
This company$1.1B
Sector median$17.0M

Raised more than 98% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #8 of 10.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Livent Corp. · Series D+ Raised $375.1M · modeled $3.7B (est)Nexamp, Inc. · Series D+ Raised $600.4M · modeled $3.1B (est)EnerVenue Holdings, Ltd. · Series D+ Raised $445.3M · modeled $2.7B (est)Tellurian Inc. /De/ · Series D+ Raised $299.4M · modeled $2.7B (est)Maxeon Solar Technologies, Ltd. · Series D+ Raised $207.0M · modeled $2.0B (est)Atlas Energy Solutions Inc. · Series D+ Raised $175.0M · modeled $1.5B (est)Atom Power, Inc. · Series D+ Raised $132.0M · modeled $1.1B (est)Koloma, Inc. · Series D+ Raised $394.5M · modeled $421.6M (est)Arcadia Power, Inc. · Series D+ Raised $557.5M · modeled $384.3M (est)Zap Energy, Inc. (this company) Raised $319.0M · modeled $1.1B (est)Zap Energy, Inc.
CompanyStageRaised · realValue · estvs peer med.
Livent Corp.Series D+$375.1M$3.7B2.14×
Nexamp, Inc.Series D+$600.4M$3.1B1.77×
EnerVenue Holdings, Ltd.Series D+$445.3M$2.7B1.54×
Tellurian Inc. /De/Series D+$299.4M$2.7B1.52×
Maxeon Solar Technologies, Ltd.Series D+$207.0M$2.0B1.16×
Atlas Energy Solutions Inc.Series D+$175.0M$1.5B0.84×
Atom Power, Inc.Series D+$132.0M$1.1B0.62×
Zap Energy, Inc. this companySeries D+$319.0M$1.1B0.60×
Koloma, Inc.Series D+$394.5M$421.6M0.24×
Arcadia Power, Inc.Series D+$557.5M$384.3M0.22×
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$1.1M2019-08-28$5.5M$14.3M90%
Series B$25.2M2021-04-20$140.3M$250.5M90%
Series D+$162.6M2022-05-24$1.4B$1.6B90%
Series D+$110.4M2022-05-24$920.2M$1.1B90%
Series D+$130.0M2024-07-15$1.1B$1.1B90%
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$1.1M2019-08-28
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Series B$25.2M2021-04-20
    • Raised again after 20 mo — slower than the ~12 mo sector norm.
    • Round 23.0× larger than the prior — scaling up.
    • 8 investors on this round.
  3. Series D+$162.6M2022-05-24
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 6.4× larger than the prior — scaling up.
    • 15 investors on this round.
  4. Series D+$110.4M2022-05-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  5. Series D+$130.0M2024-07-15
    • Raised again after 26 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 40 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~15mo cadence
$153.0M
Modeled next size est.range $130.0M$244.9M
1.2×
Last step-up
$65.3M/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
Aaron Schildkrout3 other2021-04
Clay Dumas3 other2022-05
Udayan Das Roy1 other2024-07
Benjamin Conway2019-08
Brian Nelson2019-08
Frank Chapman2021-04
Jasmin Staiblin2021-04
Uri Shumlak2019-08
Wayne Laufer2019-08
Registry & provenance

Zap 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
1714402
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
POET Grain, LLCOther EnergySeries D+$284.0M$1.7Bsame sector · same stage
Gradient Resources Inc.Other EnergySeries D+$388.8M$120.5Msame sector · same stage
Koloma, Inc.Other EnergySeries D+$394.5M$421.6Msame sector · same stage
Renewable Energy Trust Capital, Inc.Other EnergySeries D+$256.8M$1.8Bsame sector · same stage
Ample, Inc.Other EnergySeries D+$255.3M$317.8Msame sector · same stage
Tendril Holdings, LLCOther EnergySeries D+$246.3M$443.0Msame sector · same stage
Deep Fission, Inc.Other EnergySeries D+$230.0M$559.8Msame sector · same stage
Deep Well Power LlcOther EnergySeries D+$445.0M$1.5Bsame 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
ZapGo Ltd.Other EnergySeries A$59.7M89%
Azarga Uranium Corp.Other EnergySeed$2.8M86%
Zero Emission Industries, Inc.Other EnergySeed$24.0M86%
Z-GEO Holdings, LLCOther EnergySeries C$355.1M86%
Novasource Power Holdings, Inc.Other EnergySeries C$877.8M85%
ZEEP IncOther EnergySeed$38.9M85%
Zap Solutions Holdings, Inc.Other TechnologySeries C$1.1B85%
Department of Green Energy, Inc.Other EnergyPre-Seed$4.8M85%
Frequently asked
How much funding has Zap Energy, Inc. raised?
Zap Energy, Inc. has raised approximately $319.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Zap Energy, Inc.'s estimated valuation?
Provath's modeled valuation for Zap Energy, Inc. is approximately $1.1B (modeled range $699.8M–$1.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Zap Energy, Inc. at?
Zap Energy, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Jul 15.
What does Zap Energy, Inc. do and where is it based?
Zap Energy, Inc. operates in the Other Energy sector, based in Everett.
Explore related

See where Zap Energy, 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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