Companies · Other

Bluestone Resources Inc.

VANCOUVER · Other

Diligence memoA one-page analyst read on Bluestone Resources Inc. — recommendation, valuation, rhythm, risks.
$1.4M
Total raised · real
4
Rounds
2.0×
Latest step-up
Top 58%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Mar 18 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Bluestone Resources Inc. looks over-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.

Over-valued
  • Modeled value is 2.77× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.3 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

Bluestone Resources Inc. is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 43% 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
Rule 506(b)
Reg D exemption
27
Investors (latest)
2019-03-18
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$5.0M$10M$15M$20MPre-Seed · 2010-04-23 Raised $104K (real) Modeled valuation $2.4M (est)$104K$2.4MPre-Seed2010Pre-Seed · 2011-02-23 Raised $173K (real) Modeled valuation $4.0M (est)$173K$4.0MPre-Seed2011Pre-Seed · 2017-03-20 Raised $374K (real) Modeled valuation $8.7M (est)$374K$8.7MPre-Seed2017Pre-Seed · 2019-03-18 Raised $744K (real) Modeled valuation $17M (est)$744K$17MPre-Seed2019+$173K+$374K+$744KCumulative $1.4M

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$104K · 2010
Pre-Seed extension$173K · 2011
Pre-Seed extension$374K · 2017
Pre-Seed extension$744K · 2019

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

Modeled valuation trajectory
$17.2M
Base estimate est.
$496K
Conservative case
$194.9M
Upside case
$4.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $2.4M · 2010-04-232010Pre-Seed · modeled $4.0M · 2011-02-23Pre-Seed · modeled $8.7M · 2017-03-20Pre-Seed · modeled $17.2M · 2019-03-182019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
7.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
36 mo
Avg between rounds
$157K/yr
Capital velocity
16.2 yr
On record since
2010
First round
4
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 0.7× of median
This company$1.4M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.1× above median
This company$744K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$17.2M
Sector median$17.7M

Raised more than 43% of sector peers (real $). Modeled value above 49% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #140 of 1,372.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Wnder, LTD · Pre-Seed Raised $1.0M · modeled $23.1M (est)W.E. Equity Associates, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Forest N Oak Holdings, Llc · Pre-Seed Raised $1.3M · modeled $23.1M (est)RF SLIH Ltd LIABILITY Co · Pre-Seed Raised $1.0M · modeled $23.1M (est)CiiTA, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Varfaj Ventures LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Linkage Holdings Corp. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Quantum Loop Solutions, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Stadiumred, Inc. · Pre-Seed Raised $2.0M · modeled $23.1M (est)Royalty Exchange Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)ListEngage Holdings, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Baseload Group, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Bluestone Resources Inc. (this company) Raised $1.4M · modeled $17.2M (est)Bluestone Resources Inc.
CompanyStageRaised · realValue · estvs peer med.
Wnder, LTDPre-Seed$1.0M$23.1M3.72×
W.E. Equity Associates, LLCPre-Seed$1.0M$23.1M3.72×
Forest N Oak Holdings, LlcPre-Seed$1.3M$23.1M3.72×
RF SLIH Ltd LIABILITY CoPre-Seed$1.0M$23.1M3.72×
CiiTA, LLCPre-Seed$1.0M$23.1M3.72×
Varfaj Ventures LLCPre-Seed$1.0M$23.1M3.72×
Linkage Holdings Corp.Pre-Seed$1.0M$23.1M3.72×
Quantum Loop Solutions, Inc.Pre-Seed$1.0M$23.1M3.72×
Stadiumred, Inc.Pre-Seed$2.0M$23.1M3.72×
Royalty Exchange Inc.Pre-Seed$1.0M$23.1M3.72×
ListEngage Holdings, LLCPre-Seed$1.0M$23.1M3.72×
Baseload Group, Inc.Pre-Seed$1.0M$23.1M3.72×
Bluestone Resources Inc. this companyPre-Seed$1.4M$17.2M2.77×
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$104K2010-04-23$578K$2.4M85%
Pre-Seed$173K2011-02-23$959K$4.0M85%
Pre-Seed$374K2017-03-20$2.1M$8.7M90%
Pre-Seed$744K2019-03-18$4.1M$17.2M90%
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$104K2010-04-23
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Pre-Seed$173K2011-02-23
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 1.7× larger than the prior — scaling up.
    • 4 investors on this round.
  3. Pre-Seed$374K2017-03-20
    • Raised again after 73 mo — slower than the ~11 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  4. Pre-Seed$744K2019-03-18
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 27 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~36mo cadence
$1.5M
Modeled next size est.range $960K$2.4M
2.0×
Last step-up
$157K/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
JOHN ROBINS10 other2010-04
MARK FIELDS7 other2010-04
James Paterson5 other2017-03
Jeff Dare5 other2017-03
CRAIG BENTHAM2 other2010-04
Keith Peck2 other2017-03
BRUCE COUNTS1 other2010-04
Peter Leofric Hathaway1 other2019-03
ANDREW WILTON2010-04
DARREN ERVIN CHARLES KLINCK2019-03
Dave K. Kelsch2011-02
DAVID CHARLES HADFIELD CASS2019-03
DAVID ` GUNNING2019-03
DAVID KELSCH2010-04
JAMES EDWARD PATERSON2019-03
James K. Paterson2011-02
JEFF ` REINSON2019-03
JOHN EDWARD ROBINS2019-03
John K. Robins2011-02
Leo Hathway2017-03
Michelle Yeung2017-03
PAUL LEOFRIC MCRAE2019-03
PETER ELIZABETH HEMSTEAD2019-03
RICHARD GORTON2010-04
Registry & provenance

Bluestone Resources 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
1470385
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
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Fincanna Capital CorpOtherPre-Seed$476K$8.7Mnetwork1 shared operator · same sector · same stage
K2 Gold CorpMining & ResourcesPre-Seed$584K$1.6Mnetwork2 shared operators · same stage
Gold Basin Resources CorpMining & ResourcesPre-Seed$498K$1.0Mnetwork2 shared operators · same stage
Consumer Debt Assets Fund, LLCOtherPre-Seed$1.4M$17.8Msame 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
Bluestone Renewables Holding LlcOther EnergySeries A$53.7M88%
Bluestone Biomedical Group LLCOtherSeries A$151.3M88%
Waterstone Innovations Group, Inc.OtherPre-Seed$1.5M85%
Metalite Resources Inc.OtherPre-Seed$5.6M84%
Millrock Resources IncOtherSeed$3.0M84%
Barksdale Resources Corp.OtherSeed$358K83%
Blue Lagoon Resources Inc.OtherPre-Seed$1.2M82%
Capstone Americas, LLCOtherPre-Seed$11.6M82%
Frequently asked
How much funding has Bluestone Resources Inc. raised?
Bluestone Resources Inc. has raised approximately $1.4M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Bluestone Resources Inc.'s estimated valuation?
Provath's modeled valuation for Bluestone Resources Inc. is approximately $17.2M (modeled range $496K–$194.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bluestone Resources Inc. at?
Bluestone Resources Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Mar 18.
What does Bluestone Resources Inc. do and where is it based?
Bluestone Resources Inc. operates in the Other sector, based in VANCOUVER.
Explore related

See where Bluestone Resources 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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