Companies · Other Technology

Algoma Inc.

NEWARK · Other Technology

Diligence memoA one-page analyst read on Algoma Inc. — recommendation, valuation, rhythm, risks.
$1.9M
Total raised · real
1
Rounds
Latest step-up
Top 62%
Sector rank · raised
Seed
Latest stage · inferred · Wed Nov 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Algoma Inc. looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology 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 0.50× the median modeled value of Seed Other Technology companies in 2022–2024 (1103 peers) — value vs value, same stage and era.
Quiet
  • Last raise 19 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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 Technology

Algoma Inc. is one of 21292 Other Technology companies tracked from NEWARK. By capital raised it ranks in the long tail (ahead of 39% of sector peers), and in the long tail 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
6
Investors (latest)
2023
Year incorporated
2024-11-20
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$2.5M$5.0M$7.5M$10MSeed · 2024-11-20 Raised $1.9M (real) Modeled valuation $7.9M (est)$1.9M$7.9MSeed2024

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$1.9M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — 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
$7.9M
Base estimate est.
$1.7M
Conservative case
$18.9M
Upside case
$9.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
1.6 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 0.6× of median
This company$1.9M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.1× above median
This company$1.9M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$7.9M
Sector median$37.3M

Raised more than 39% of sector peers (real $). Modeled value above 19% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #891 of 1,103.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Route Reports Inc. · Seed Raised $3.9M · modeled $62.9M (est)Assetario Inc. · Seed Raised $4.0M · modeled $59.9M (est)Integrated Cinematics Inc. · Seed Raised $4.0M · modeled $59.5M (est)Soundful, Inc. · Seed Raised $3.7M · modeled $57.8M (est)Modern Foundry, Inc. · Seed Raised $3.8M · modeled $57.6M (est)PeopleGuru Holdings, Inc. · Seed Raised $4.0M · modeled $57.3M (est)PSL Holdings, Inc. · Seed Raised $4.0M · modeled $56.7M (est)Pulsa Inc. · Seed Raised $4.0M · modeled $56.6M (est)Onramp Invest, Inc. · Seed Raised $4.0M · modeled $56.3M (est)Pebble Finance Inc · Seed Raised $4.0M · modeled $55.8M (est)Lillii RNB Inc · Seed Raised $3.7M · modeled $55.3M (est)DataLego Inc. · Seed Raised $3.5M · modeled $55.1M (est)Algoma Inc. (this company) Raised $1.9M · modeled $7.9M (est)Algoma Inc.
CompanyStageRaised · realValue · estvs peer med.
Route Reports Inc.Seed$3.9M$62.9M3.96×
Assetario Inc.Seed$4.0M$59.9M3.76×
Integrated Cinematics Inc.Seed$4.0M$59.5M3.74×
Soundful, Inc.Seed$3.7M$57.8M3.64×
Modern Foundry, Inc.Seed$3.8M$57.6M3.62×
PeopleGuru Holdings, Inc.Seed$4.0M$57.3M3.60×
PSL Holdings, Inc.Seed$4.0M$56.7M3.57×
Pulsa Inc.Seed$4.0M$56.6M3.56×
Onramp Invest, Inc.Seed$4.0M$56.3M3.54×
Pebble Finance IncSeed$4.0M$55.8M3.51×
Lillii RNB IncSeed$3.7M$55.3M3.48×
DataLego Inc.Seed$3.5M$55.1M3.47×
Algoma Inc. this companySeed$1.9M$7.9M0.50×
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$1.9M2024-11-20$9.4M$7.9M90%
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$1.9M2024-11-20
    • First recorded raise — entered as Seed.
    • 6 investors on this round.
Intelligence
Modeled next raise
$3.0M
Modeled next size est.range $1.9M$4.8M
Last step-up
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
Vivin Hegde2 other2024-11
Josef Bromovsky2024-11
Seyfihan Usarer2024-11
Registry & provenance

Algoma 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
2046482
SEC CIK
2023
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
Inner Cosmos Inc.Other TechnologySeed$1.9M$8.1Msame sector · same stage
MetaArcade Inc.Other TechnologySeed$1.9M$7.7Msame sector · same stage
Heisenberg Matrix Development Inc.Other TechnologySeed$1.8M$7.5Msame sector · same stage
iBuyer.com, Inc.Other TechnologySeed$1.8M$8.2Msame sector · same stage
Colorado Biofactory, Inc.Other TechnologySeed$1.8M$7.5Msame sector · same stage
Connected Processing Services, LLCOther TechnologySeed$2.0M$8.1Msame sector · same stage
Innovbo Group HoldingOther TechnologySeed$2.0M$8.4Msame sector · same stage
Msg Solutions Usa LlcOther TechnologySeed$2.0M$7.4Msame 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
Alchemai, Inc.Other TechnologyPre-Seed$7.1M89%
AlgometRx, Inc.Other TechnologyPre-Seed$18.8M89%
Alkemi Inc.Other TechnologySeed$6.9M87%
Algramo Global Corp.Other TechnologySeries A$162.8M87%
Allgo, Inc.Other TechnologyPre-Seed$10.6M86%
Vogogo Inc.Other TechnologySeed$51.2M86%
Mazumago Holdings Ltd.Other TechnologySeries A$24.0M86%
Ogmagod, Inc.Other TechnologyPre-Seed$15.5M85%
Frequently asked
How much funding has Algoma Inc. raised?
Algoma Inc. has raised approximately $1.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Algoma Inc.'s estimated valuation?
Provath's modeled valuation for Algoma Inc. is approximately $7.9M (modeled range $1.7M–$18.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Algoma Inc. at?
Algoma Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Nov 20.
What does Algoma Inc. do and where is it based?
Algoma Inc. operates in the Other Technology sector, based in NEWARK.
Explore related

See where Algoma 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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