Companies · Software / Tech

Bast Fibre Technologies Inc.

VICTORIA · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on Bast Fibre Technologies Inc. — recommendation, valuation, rhythm, risks.
$3.4M
Total raised · real
3
Rounds
6.1×
Latest step-up
Top 57%
Sector rank · raised
Seed
Latest stage · inferred · Fri May 07 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Bast Fibre Technologies 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 technology 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 1.26× the median modeled value of Seed Software / Tech companies in 2019–2021 (296 peers) — value vs value, same stage and era.
  • Within the normal band (126% of peer median) for its niche.
Dormant
  • Last raise 5.2 yr ago; this sector typically re-raises about every 13 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 Software / Tech

Bast Fibre Technologies Inc. is one of 3920 Software / Tech companies tracked from VICTORIA. By capital raised it ranks mid-pack (ahead of 44% of sector peers), and mid-pack 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
4
Investors (latest)
2016
Year incorporated
2021-05-07
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$100MPre-Seed · 2020-06-02 Raised $320K (real) Modeled valuation $14M (est)$320K$14MPre-Seed2020Pre-Seed · 2020-12-30 Raised $281K (real) Modeled valuation $9.1M (est)$281K$9.1MPre-Seed2020Pre-Seed · 2021-03-03 Raised $450K (real) Modeled valuation $13M (est)$450K$13MPre-Seed2021Seed · 2021-05-07 Raised $2.8M (real) Modeled valuation $63M (est)$2.8M$63MSeed2021+$281K+$450K+$2.8MCumulative $3.8M

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$320K · 2020
Pre-Seed extension$281K · 2020
Pre-Seed extension$450K · 2021
Seed$2.8M · 2021

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$62.8M
Base estimate est.
$2.4M
Conservative case
$392.1M
Upside case
$13.8M
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.

Pre-Seed · modeled $13.6M · 2020-06-022020Pre-Seed · modeled $9.1M · 2020-12-30Pre-Seed · modeled $13.3M · 2021-03-03Seed · modeled $62.8M · 2021-05-072021
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
5.2 yr
Elapsed time used
5.2 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$3.6M/yr
Capital velocity
6.1 yr
On record since
2020
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. 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) 0.7× of median
This company$3.4M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.4× above median
This company$2.8M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$62.8M
Sector median$36.6M

Raised more than 44% of sector peers (real $). Modeled value above 62% 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 #111 of 296.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)OneSky Systems, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Mona Labs Inc. · Seed Raised $3.9M · modeled $132.9M (est)Toro Data Labs, Inc · Seed Raised $3.9M · modeled $132.9M (est)Gatsby Labs, Inc. · Seed Raised $3.9M · modeled $131.2M (est)Parallel Systems, Inc. · Seed Raised $3.8M · modeled $129.5M (est)Aereus Technologies Inc. · Seed Raised $3.7M · modeled $127.7M (est)EPAM Systems, Inc. · Seed Raised $3.6M · modeled $121.4M (est)Sharp Edge Labs, Inc. · Seed Raised $6.5M · modeled $120.9M (est)Timber Technologies, Inc. · Seed Raised $6.3M · modeled $119.3M (est)Global Data Consortium, Inc. · Seed Raised $3.6M · modeled $119.3M (est)Turbo Systems, Inc. · Seed Raised $3.4M · modeled $114.5M (est)Dune Labs Inc. · Seed Raised $3.8M · modeled $114.0M (est)Bast Fibre Technologies Inc. (this company) Raised $3.4M · modeled $62.8M (est)Bast Fibre Technologies Inc.
CompanyStageRaised · realValue · estvs peer med.
OneSky Systems, Inc.Seed$4.0M$136.3M2.73×
Mona Labs Inc.Seed$3.9M$132.9M2.67×
Toro Data Labs, IncSeed$3.9M$132.9M2.67×
Gatsby Labs, Inc.Seed$3.9M$131.2M2.63×
Parallel Systems, Inc.Seed$3.8M$129.5M2.60×
Aereus Technologies Inc.Seed$3.7M$127.7M2.56×
EPAM Systems, Inc.Seed$3.6M$121.4M2.43×
Sharp Edge Labs, Inc.Seed$6.5M$120.9M2.42×
Timber Technologies, Inc.Seed$6.3M$119.3M2.39×
Global Data Consortium, Inc.Seed$3.6M$119.3M2.39×
Turbo Systems, Inc.Seed$3.4M$114.5M2.30×
Dune Labs Inc.Seed$3.8M$114.0M2.29×
Bast Fibre Technologies Inc. this companySeed$3.4M$62.8M1.26×
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$320K2020-06-02$1.8M$13.6M90%
Pre-Seed$281K2020-12-30$1.6M$9.1M90%
Pre-Seed$450K2021-03-03$2.5M$13.3M90%
Seed$2.8M2021-05-07$13.8M$62.8M90%
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. Pre-Seed$320K2020-06-02
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$281K2020-12-30
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  3. Pre-Seed$450K2021-03-03
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 2 investors on this round.
  4. Seed$2.8M2021-05-07
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 6.1× larger than the prior — scaling up.
    • 4 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~4mo cadence
$8.3M
Modeled next size est.range $5.4M$13.2M
6.1×
Last step-up
$3.6M/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
GEORGE MURPHY2 other2021-03
John Parkinson2 other2021-03
Noel Hall2 other2020-06
GUY PREVOST1 other2020-06
JASON FINNIS1 other2020-12
Benjamin Lightburn2020-06
George P. Murphy2020-06
James Posa2020-06
Jason P. Finnis2020-06
John P. Parkinson2020-12
Kenneth Hallat2020-06
Philip Christopher2021-03
Philip P. Christopher2020-06
Registry & provenance

Bast Fibre Technologies 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
1776435
SEC CIK
2016
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
Liquidsky Software, Inc.Software / TechSeed$3.3M$68.1Msame sector · same stage
Superconductor Technologies IncSoftware / TechSeed$3.4M$61.4Msame sector · same stage
Grounded Technologies, Inc.Software / TechSeed$3.5M$56.9Msame sector · same stage
Cheaf Technologies Inc.Software / TechSeed$3.5M$59.7Msame sector · same stage
Determinate Systems, Inc.Software / TechSeed$3.5M$49.8Msame sector · same stage
La Jolla Labs IncSoftware / TechSeed$3.5M$64.8Msame sector · same stage
Smartcare Software, Inc.Software / TechSeed$3.5M$50.2Msame sector · same stage
Digital ReLab, LLCSoftware / TechSeed$3.2M$47.7Msame 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
Networx Systems Inc.Software / TechSeries A$97.3M80%
SoFar Ocean Technologies, Inc.Software / TechSeries B$144.9M80%
Badger Technology Co Holdings LtdSoftware / TechSeries D+$6.5B79%
Secturion Systems, Inc.Software / TechSeries A$22.9M79%
Brafin Technology Holdings Ltd.Software / TechSeries A$115.2M79%
SB Technology, Inc.Software / TechSeries A$20.7M79%
Baswood, Inc.Other TechnologySeries B$278.0M79%
SBOT Technologies Inc.Software / TechSeries A$289.9M79%
Frequently asked
How much funding has Bast Fibre Technologies Inc. raised?
Bast Fibre Technologies Inc. has raised approximately $3.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Bast Fibre Technologies Inc.'s estimated valuation?
Provath's modeled valuation for Bast Fibre Technologies Inc. is approximately $62.8M (modeled range $2.4M–$392.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bast Fibre Technologies Inc. at?
Bast Fibre Technologies Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri May 07.
What does Bast Fibre Technologies Inc. do and where is it based?
Bast Fibre Technologies Inc. operates in the Software / Tech sector, based in VICTORIA.
Explore related

See where Bast Fibre Technologies 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 Bast Fibre Technologies 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.