Companies · Other

Alderon Iron Ore Corp.

Vancouver · Other

Diligence memoA one-page analyst read on Alderon Iron Ore Corp. — recommendation, valuation, rhythm, risks.
$52.1M
Total raised · real
4
Rounds
0.2×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Tue Sep 04 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Alderon Iron Ore Corp. looks under-valued 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.

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 0.42× the median modeled value of Series B Other companies in 2010–2012 (251 peers) — value vs value, same stage and era.
Dormant
  • Last raise 13.8 yr ago; this sector typically re-raises about every 11 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 Other

Alderon Iron Ore Corp. is one of 25015 Other companies tracked from Vancouver. By capital raised it ranks among the largest (ahead of 93% 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
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$250M$500M$750M$1.0BSeed · 2010-02-16 Raised $2.9M (real) Modeled valuation $54M (est)$2.9M$54MSeed2010Seed · 2010-12-16 Raised $716K (real) Modeled valuation $13M (est)$716K$13MSeed2010Series B · 2012-01-13 Raised $39M (real) Modeled valuation $653M (est)$39M$653MSeries B2012Series B · 2012-09-04 Raised $9.2M (real) Modeled valuation $153M (est)$9.2M$153MSeries B2012+$716K+$39M+$9.2MCumulative $52M

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$2.9M · 2010
Seed extension$716K · 2010
Series B$39.3M · 2012no Series A on file
Series B extension$9.2M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — 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
$152.8M
Base estimate est.
$23.0M
Conservative case
$588.1M
Upside case
$51.1M
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. Directional, not a quoted figure.

Seed · modeled $54.0M · 2010-02-162010Seed · modeled $13.3M · 2010-12-16Series B · modeled $652.6M · 2012-01-13Series B · modeled $152.8M · 2012-09-042012
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
13.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$20.4M/yr
Capital velocity
16.4 yr
On record since
2010
First round
4
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 25× above median
This company$52.1M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.5× of median
This company$9.2M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 8.7× above median
This company$152.8M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 87% 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 #222 of 251.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)ATS Consolidated, Inc. · Series B Raised $40.0M · modeled $664.6M (est)Amber Holding Inc. · Series B Raised $40.0M · modeled $664.6M (est)Varsity AP Holdings LLC · Series B Raised $40.0M · modeled $664.6M (est)Nordic Cold Storage Holdings, LLC · Series B Raised $40.0M · modeled $664.6M (est)Nevsun Resources Ltd · Series B Raised $53.2M · modeled $663.3M (est)CS Holdings Co., Inc. · Series B Raised $39.2M · modeled $651.9M (est)L.COM Holding, Inc. · Series B Raised $39.1M · modeled $650.3M (est)Stag Parkway Holding Co · Series B Raised $38.0M · modeled $630.5M (est)Kettle Cuisine Holdings, Llc · Series B Raised $75.0M · modeled $627.3M (est)Dia Bras Exploration Inc · Series B Raised $57.9M · modeled $617.1M (est)SLS Learning Holdings, LLC · Series B Raised $36.7M · modeled $609.9M (est)Univar Inc. · Series B Raised $95.5M · modeled $604.5M (est)Alderon Iron Ore Corp. (this company) Raised $52.1M · modeled $152.8M (est)Alderon Iron Ore Corp.
CompanyStageRaised · realValue · estvs peer med.
ATS Consolidated, Inc.Series B$40.0M$664.6M1.83×
Amber Holding Inc.Series B$40.0M$664.6M1.83×
Varsity AP Holdings LLCSeries B$40.0M$664.6M1.83×
Nordic Cold Storage Holdings, LLCSeries B$40.0M$664.6M1.83×
Nevsun Resources LtdSeries B$53.2M$663.3M1.82×
CS Holdings Co., Inc.Series B$39.2M$651.9M1.79×
L.COM Holding, Inc.Series B$39.1M$650.3M1.79×
Stag Parkway Holding CoSeries B$38.0M$630.5M1.73×
Kettle Cuisine Holdings, LlcSeries B$75.0M$627.3M1.72×
Dia Bras Exploration IncSeries B$57.9M$617.1M1.70×
SLS Learning Holdings, LLCSeries B$36.7M$609.9M1.68×
Univar Inc.Series B$95.5M$604.5M1.66×
Alderon Iron Ore Corp. this companySeries B$52.1M$152.8M0.42×
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$2.9M2010-02-16$14.5M$54.0M90%
Seed$716K2010-12-16$3.6M$13.3M90%
Series B$39.3M2012-01-13$218.2M$652.6M90%
Series B$9.2M2012-09-04$51.1M$152.8M90%
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$2.9M2010-02-16
    • First recorded raise — entered as Seed.
  2. Seed$716K2010-12-16
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 4.1× smaller than the prior — bridge or down round.
  3. Series B$39.3M2012-01-13
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 54.9× larger than the prior — scaling up.
  4. Series B$9.2M2012-09-04
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 4.3× smaller than the prior — bridge or down round.
Intelligence
2013 ~Q3
Modeled next raise · ~10mo cadence
$9.2M
Modeled next size est.range $9.2M$14.7M
0.2×
Last step-up
$20.4M/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
Stan Bharti13 other2010-12
Christopher Noel Dunn4 other2012-01
Mark J. Morabito4 other2010-12
Mark Morabito2 other2010-02
Sheila J. Paine2 other2010-12
JEFF DURNO1 other2010-02
Jeffrey Pontius1 other2010-02
John Noel Vettese1 other2012-09
ROBERT CHISHOLM1 other2010-02
Sonya J. Atwal1 other2010-12
ARON BUCHMAN2010-02
Bernard J Potvin2012-09
Bernard Noel Potvin2012-01
Brad J. Boland2010-12
Brian J Dalton2010-12
Brian Noel Dalton2012-01
Bruce J Humphrey2010-12
CRAIG GOLDENBERGER2010-02
Danny J Williams2012-09
David J Porter2010-12
David Noel Porter2012-01
Edward J Lyons2012-09
Gary J Norris2012-09
Gary Noel Norris2012-01
Registry & provenance

Alderon Iron Ore Corp. 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
1484457
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
Largo Resources Ltd.OtherSeries B$50.7M$78.0Mnetwork1 shared operator · same sector · same stage
Brazil Potash Corp.OtherSeries B$29.0M$125.4Mnetwork1 shared operator · same sector · same stage
Excelsior Mining Corp.Mining & ResourcesSeries A$15.1M$678Knetwork3 shared operators
Crosshair Exploration & Mining CorpOtherSeed$3.2M$5.0Mnetwork2 shared operators · same sector
Ridgemont Iron Ore Corp.OtherPre-Seed$232K$5.4Mnetwork2 shared operators · same sector
Fleet Device Management Inc.OtherSeries B$50.9M$139.8Msame sector · same stage
Spark Hire Parent, LLCOtherSeries B$50.0M$149.8Msame sector · same stage
MacKeyser Holdings, LLCOtherSeries B$49.9M$141.2Msame sector · same stage
Frequently asked
How much funding has Alderon Iron Ore Corp. raised?
Alderon Iron Ore Corp. has raised approximately $52.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Alderon Iron Ore Corp.'s estimated valuation?
Provath's modeled valuation for Alderon Iron Ore Corp. is approximately $152.8M (modeled range $23.0M–$588.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Alderon Iron Ore Corp. at?
Alderon Iron Ore Corp.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Sep 04.
What does Alderon Iron Ore Corp. do and where is it based?
Alderon Iron Ore Corp. operates in the Other sector, based in Vancouver.
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