Companies · Software / Tech

Cold Bore Technology Inc.

CALGARY · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Cold Bore Technology Inc. — recommendation, valuation, rhythm, risks.
$3.8M
Total raised · real
5
Rounds
4.1×
Latest step-up
Top 54%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jul 30 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Cold Bore Technology 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 0.22× the median modeled value of Seed Software / Tech companies in 2022–2024 (387 peers) — value vs value, same stage and era.
Quiet
  • Last raise 23 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 Software / Tech

Cold Bore Technology Inc. is one of 3920 Software / Tech companies tracked from CALGARY. By capital raised it ranks mid-pack (ahead of 47% 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
1
Investors (latest)
2024-07-30
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 · 2015-04-17 Raised $409K (real) Modeled valuation $17M (est)$409K$17MPre-Seed2015Pre-Seed · 2017-03-03 Raised $190K (real) Modeled valuation $8.0M (est)$190K$8.0MPre-Seed2017Seed · 2018-10-12 Raised $2.3M (real) Modeled valuation $78M (est)$2.3M$78MSeed2018Seed · 2020-07-01 Raised $177K (real) Modeled valuation $6.0M (est)$177K$6.0MSeed2020Seed · 2024-07-30 Raised $722K (real) Modeled valuation $3.5M (est)$722K$3.5MSeed2024+$190K+$2.3M+$177K+$722KCumulative $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$409K · 2015
Pre-Seed extension$190K · 2017
Seed$2.3M · 2018
Seed extension$177K · 2020
Seed extension$722K · 2024

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

Modeled valuation trajectory
$3.5M
Base estimate est.
$637K
Conservative case
$9.2M
Upside case
$3.6M
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 $17.3M · 2015-04-172015Pre-Seed · modeled $8.0M · 2017-03-03Seed · modeled $78.4M · 2018-10-12Seed · modeled $6.0M · 2020-07-01Seed · modeled $3.5M · 2024-07-302024
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
1.9 yr
Elapsed time used
1.9 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
28 mo
Avg between rounds
$409K/yr
Capital velocity
11.2 yr
On record since
2015
First round
5
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) 0.8× of median
This company$3.8M
Sector median$4.6M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.4× of median
This company$722K
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$3.5M
Sector median$36.6M

Raised more than 47% of sector peers (real $). Modeled value above 12% 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 #367 of 387.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)SkyBell Technologies, Inc. · Seed Raised $4.8M · modeled $64.2M (est)BuyerAssist.io, Inc. · Seed Raised $5.7M · modeled $60.3M (est)Adaptive Surface Technologies, Inc. · Seed Raised $3.8M · modeled $59.5M (est)Abstract Labs, Inc. · Seed Raised $3.9M · modeled $57.1M (est)Elixir Lab Usa Inc. · Seed Raised $3.9M · modeled $56.9M (est)Grounded Technologies, Inc. · Seed Raised $3.5M · modeled $56.8M (est)Sticky Technologies, Inc./DE · Seed Raised $3.6M · modeled $54.9M (est)Urban Shipper Technology Inc. · Seed Raised $4.9M · modeled $54.2M (est)Rabbot Technologies Ltd · Seed Raised $3.8M · modeled $53.5M (est)Multisig Labs, Inc. · Seed Raised $3.8M · modeled $53.3M (est)Smartcare Software, Inc. · Seed Raised $3.5M · modeled $50.1M (est)Determinate Systems, Inc. · Seed Raised $3.5M · modeled $49.8M (est)Cold Bore Technology Inc. (this company) Raised $3.8M · modeled $3.5M (est)Cold Bore Technology Inc.
CompanyStageRaised · realValue · estvs peer med.
SkyBell Technologies, Inc.Seed$4.8M$64.2M3.92×
BuyerAssist.io, Inc.Seed$5.7M$60.3M3.68×
Adaptive Surface Technologies, Inc.Seed$3.8M$59.5M3.63×
Abstract Labs, Inc.Seed$3.9M$57.1M3.49×
Elixir Lab Usa Inc.Seed$3.9M$56.9M3.48×
Grounded Technologies, Inc.Seed$3.5M$56.8M3.47×
Sticky Technologies, Inc./DESeed$3.6M$54.9M3.35×
Urban Shipper Technology Inc.Seed$4.9M$54.2M3.31×
Rabbot Technologies LtdSeed$3.8M$53.5M3.27×
Multisig Labs, Inc.Seed$3.8M$53.3M3.25×
Smartcare Software, Inc.Seed$3.5M$50.1M3.06×
Determinate Systems, Inc.Seed$3.5M$49.8M3.04×
Cold Bore Technology Inc. this companySeed$3.8M$3.5M0.22×
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$409K2015-04-17$2.3M$17.3M85%
Pre-Seed$190K2017-03-03$1.1M$8.0M90%
Seed$2.3M2018-10-12$11.5M$78.4M90%
Seed$177K2020-07-01$883K$6.0M90%
Seed$722K2024-07-30$3.6M$3.5M90%
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$409K2015-04-17
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$190K2017-03-03
    • Raised again after 23 mo — slower than the ~13 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  3. Seed$2.3M2018-10-12
    • Raised again after 19 mo — slower than the ~13 mo sector norm.
    • Round 12.1× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Seed$177K2020-07-01
    • Raised again after 21 mo — slower than the ~13 mo sector norm.
    • Round 13.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Seed$722K2024-07-30
    • Raised again after 49 mo — slower than the ~13 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2026 ~Q4
Modeled next raise · ~28mo cadence
$2.2M
Modeled next size est.range $1.4M$3.5M
4.1×
Last step-up
$409K/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
Gregg Sedun3 other2020-07
KYLE DERHAM2 other2020-07
GREGG J SEDUN1 other2017-03
MURRAY SMITH1 other2020-07
ALEX FORTIN2024-07
Barry Benjamin Hagglund2015-04
Blair Bradley Layton2015-04
BLAIR LAYTON2018-10
Brett Bradley Chell2017-03
Brett Chell2020-07
Brett Edward Chell2015-04
Cameron Brett Chell2015-04
CHRISTOPHER SPEARS2024-07
Glen Bradley Hawker2017-03
Glen Hawker2018-10
JAMIE LEARMOUTH2024-07
Lawrence Edward Kennedy2015-04
Murray J. Smith2018-10
Nicolai Bradley Pacurari2017-03
Nicolai Edward Pacurari2015-04
SHANE CASSELL2024-07
Toby J. Rice2018-10
Weiguo Bradley Lang2017-03
Weiguo Edward Lang2015-04
Registry & provenance

Cold Bore Technology 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
1612784
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.

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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
Glacier Technologies, Inc.Software / TechPre-Seed$7.5M81%
Torch Technology, Inc.Software / TechSeries A$64.8M81%
Fever Labs, Inc.Software / TechSeries D+$1.1B81%
RIIG Technology, Inc.Software / TechSeed$16.7M80%
Caplight Technologies, Inc.Software / TechSeries A$36.0M79%
Vanilla Technologies Inc.Software / TechSeries B$496.3M79%
Warm Automation, Inc.Other TechnologySeed$12.2M79%
Freeze Inc.Other TechnologySeries A$68.5M79%
Frequently asked
How much funding has Cold Bore Technology Inc. raised?
Cold Bore Technology Inc. has raised approximately $3.8M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Cold Bore Technology Inc.'s estimated valuation?
Provath's modeled valuation for Cold Bore Technology Inc. is approximately $3.5M (modeled range $637K–$9.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cold Bore Technology Inc. at?
Cold Bore Technology Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jul 30.
What does Cold Bore Technology Inc. do and where is it based?
Cold Bore Technology Inc. operates in the Software / Tech sector, based in CALGARY.
Explore related

See where Cold Bore Technology 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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