Diligence memo · auto-generated · as of July 2, 2026
Class 1 Nickel & Technologies Ltd
Class 1 Nickel & Technologies Ltd looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Class 1 Nickel & Technologies Ltd operates in Software / Tech, based in TORONTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Class 1 Nickel & Technologies Ltd has raised $2.4M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.4M on 2020-11-04.
Most recent recorded round closed around 2020-11-04.
Valuation (modeled)modeled
Provath models Class 1 Nickel & Technologies Ltd at approximately $69M (range $2.1M–$491M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.38× 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 (138% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 5.7 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 37% of Software / Tech peers (3920 compared).
Modeled value ranks above 65% of those peers.
Closest niche peers: OneSky Systems, Inc., Mona Labs Inc., Toro Data Labs, Inc, Gatsby Labs, Inc., Parallel Systems, Inc..
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.