Companies · Other

Brazil Resources Inc.

VANCOUVER · Other

Diligence memoA one-page analyst read on Brazil Resources Inc. — recommendation, valuation, rhythm, risks.
$7.6M
Total raised · real
5
Rounds
12.2×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Tue Nov 08 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Brazil Resources 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.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.84× the median modeled value of Series A Other companies in 2016–2018 (707 peers) — value vs value, same stage and era.
  • Within the normal band (84% of peer median) for its niche.
Dormant
  • Last raise 9.6 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

Brazil Resources Inc. is one of 25015 Other companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 73% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
148
Investors (latest)
2016-11-08
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 · 2011-12-23 Raised $414K (real) Modeled valuation $9.6M (est)$414K$9.6MPre-Seed2011Seed · 2013-12-31 Raised $1.5M (real) Modeled valuation $28M (est)$1.5M$28MSeed2013Seed · 2015-01-06 Raised $414K (real) Modeled valuation $7.7M (est)$414K$7.7MSeed2015Pre-Seed · 2016-02-26 Raised $323K (real) Modeled valuation $7.5M (est)$323K$7.5MPre-Seed2016Seed · 2016-02-26 Raised $400K (real) Modeled valuation $7.4M (est)$400K$7.4MSeed2016Series A · 2016-11-08 Raised $4.9M (real) Modeled valuation $74M (est)$4.9M$74MSeries A2016+$1.5M+$414K+$323K+$400K+$4.9MCumulative $7.9M

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$414K · 2011
Seed$1.5M · 2013
Seed extension$414K · 2015
Bridge · Seed-stage$323K · 2016smaller follow-on
Seed extension$400K · 2016
Series A$4.9M · 2016

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

Modeled valuation trajectory
$73.7M
Base estimate est.
$6.6M
Conservative case
$401.0M
Upside case
$22.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $9.6M · 2011-12-232011Seed · modeled $27.9M · 2013-12-31Seed · modeled $7.7M · 2015-01-06Pre-Seed · modeled $7.5M · 2016-02-26Seed · modeled $7.4M · 2016-02-26Series A · modeled $73.7M · 2016-11-082016
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
9.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$1.6M/yr
Capital velocity
14.5 yr
On record since
2011
First round
6
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) 3.7× above median
This company$7.6M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.9× of median
This company$4.9M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 4.2× above median
This company$73.7M
Sector median$17.7M

Raised more than 73% of sector peers (real $). Modeled value above 78% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #482 of 707.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Hogsalt Investors Llc · Series A Raised $15.0M · modeled $227.0M (est)Fanchise League Co LLC · Series A Raised $16.1M · modeled $227.0M (est)CannCare, Inc · Series A Raised $15.0M · modeled $227.0M (est)Baba Joe Diamond Ventures Us Inc. · Series A Raised $15.0M · modeled $227.0M (est)Instapage, Inc. · Series A Raised $18.0M · modeled $227.0M (est)Genie Enterprises, Ltd · Series A Raised $15.0M · modeled $227.0M (est)ACM Research, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Cardinal Memorial Ultimate Holdings, Llc · Series A Raised $15.0M · modeled $227.0M (est)Qq Utah 3, Llc · Series A Raised $15.0M · modeled $227.0M (est)Mina Mar Corp · Series A Raised $15.0M · modeled $227.0M (est)PASSADO Co Ltd · Series A Raised $15.0M · modeled $227.0M (est)Tatcha LLC · Series A Raised $21.3M · modeled $227.0M (est)Brazil Resources Inc. (this company) Raised $7.6M · modeled $73.7M (est)Brazil Resources Inc.
CompanyStageRaised · realValue · estvs peer med.
Hogsalt Investors LlcSeries A$15.0M$227.0M2.59×
Fanchise League Co LLCSeries A$16.1M$227.0M2.59×
CannCare, IncSeries A$15.0M$227.0M2.59×
Baba Joe Diamond Ventures Us Inc.Series A$15.0M$227.0M2.59×
Instapage, Inc.Series A$18.0M$227.0M2.59×
Genie Enterprises, LtdSeries A$15.0M$227.0M2.59×
ACM Research, Inc.Series A$15.0M$227.0M2.59×
Cardinal Memorial Ultimate Holdings, LlcSeries A$15.0M$227.0M2.59×
Qq Utah 3, LlcSeries A$15.0M$227.0M2.59×
Mina Mar CorpSeries A$15.0M$227.0M2.59×
PASSADO Co LtdSeries A$15.0M$227.0M2.59×
Tatcha LLCSeries A$21.3M$227.0M2.59×
Brazil Resources Inc. this companySeries A$7.6M$73.7M0.84×
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$414K2011-12-23$2.3M$9.6M85%
Seed$1.5M2013-12-31$7.5M$27.9M85%
Seed$414K2015-01-06$2.1M$7.7M85%
Pre-Seed$323K2016-02-26$1.8M$7.5M85%
Seed$400K2016-02-26$2.0M$7.4M85%
Series A$4.9M2016-11-08$22.1M$73.7M90%
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$414K2011-12-23
    • First recorded raise — entered as Pre-Seed.
    • 25 investors on this round.
  2. Seed$1.5M2013-12-31
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 3.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 18 investors on this round.
  3. Seed$414K2015-01-06
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 3.6× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  4. Pre-Seed$323K2016-02-26
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
  5. Seed$400K2016-02-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 19 investors on this round.
  6. Series A$4.9M2016-11-08
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 12.2× larger than the prior — scaling up.
    • 148 investors on this round.
Intelligence
2017 ~Q4
Modeled next raise · ~12mo cadence
$14.6M
Modeled next size est.range $9.5M$23.4M
12.2×
Last step-up
$1.6M/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
DAVID KONG4 other2011-12
AMIR ADNANI3 other2011-12
Garnet Dawson2 other2015-01
Stephen Swatton2 other2011-12
Gloria Ballesta1 other2011-12
Mario Garnero1 other2011-12
PAT OBARA1 other2011-12
Enzio Garayp2011-12
Hon. Herb Dhaliwal2013-12
Paulo Pereira2011-12
Registry & provenance

Brazil 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
1538847
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
Uranium Energy CorpMining & ResourcesSeries B$23.2M$407Knetwork4 shared operators
Brazilian Gold CorpOtherSeries A$7.5M$114.0Mnetwork1 shared operator · same sector · same stage
Garnero Group Acquisition CoOtherSeries A$5.6M$85.3Mnetwork1 shared operator · same sector · same stage
Mercury Management Holdings, LLCOtherSeries A$7.6M$74.3Msame sector · same stage
BCause LLCOtherSeries A$7.6M$75.7Msame sector · same stage
Andrew RidgewayOtherSeries A$7.5M$75.7Msame sector · same stage
Da Zen Theranostics, Inc.OtherSeries A$7.8M$73.2Msame sector · same stage
Balqon Corp.OtherSeries A$7.4M$75.7Msame 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
Brazil Minerals, Inc.Mining & ResourcesSeries B$81.6M92%
Brazil Potash Corp.OtherSeries B$125.4M86%
Solitario Resources Corp.OtherSeries A$15.4M85%
Pan Global Resources Inc.OtherSeed$882K83%
Captiva Verde Land CorpOtherPre-Seed$1.2M83%
Mochica Resources Inc.OtherSeries A$19.7M83%
Salazar Resources LtdOtherPre-Seed$378K83%
Oroco Resource CorpOtherSeries A$661K83%
Frequently asked
How much funding has Brazil Resources Inc. raised?
Brazil Resources Inc. has raised approximately $7.6M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Brazil Resources Inc.'s estimated valuation?
Provath's modeled valuation for Brazil Resources Inc. is approximately $73.7M (modeled range $6.6M–$401.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Brazil Resources Inc. at?
Brazil Resources Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Nov 08.
What does Brazil Resources Inc. do and where is it based?
Brazil Resources Inc. operates in the Other sector, based in VANCOUVER.
Explore related

See where Brazil 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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