Companies · Coal Mining

Corsa Coal Corp.

TORONTO · Coal Mining

Diligence memoA one-page analyst read on Corsa Coal Corp. — recommendation, valuation, rhythm, risks.
$131.2M
Total raised · real
7
Rounds
0.3×
Latest step-up
Top 10%
Sector rank · raised
Series C
Latest stage · inferred · Fri Oct 23 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Corsa Coal Corp. has raised $131M over 7 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

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

Dormant
  • Last raise 10.7 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 Coal Mining

Corsa Coal Corp. is one of 76 Coal Mining companies tracked from TORONTO. By capital raised it ranks among the largest (ahead of 91% 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
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$125M$250M$375M$500MPre-Seed · 2009-06-10 Raised $223K (real) Modeled valuation $1.3M (est)Pre-Seed2009Series A · 2010-09-30 Raised $10M (real) Modeled valuation $40M (est)Series A2010Series A · 2010-12-08 Raised $11M (real) Modeled valuation $41M (est)Series A2010Series B · 2011-12-15 Raised $22M (real) Modeled valuation $92M (est)Series B2011Series C · 2013-07-31 Raised $62M (real) Modeled valuation $265M (est)Series C2013Series C · 2014-08-19 Raised $20M (real) Modeled valuation $86M (est)Series C2014Series C · 2015-10-23 Raised $5.3M (real) Modeled valuation $22M (est)Series C2015+$10M+$11M+$22M+$62M+$20M+$5.3MCumulative $131M

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$223K · 2009
Series A$10.5M · 2010no Seed on file
Series A extension$10.9M · 2010
Series B$22.2M · 2011
Series C$62.1M · 2013
Series C extension$20.0M · 2014
Series C extension$5.3M · 2015

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$22.4M
Base estimate est.
$19.3M
Conservative case
$59.1M
Upside case
$35.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.3M · 2009-06-102009Series A · modeled $39.5M · 2010-09-30Series A · modeled $41.2M · 2010-12-08Series B · modeled $91.7M · 2011-12-15Series C · modeled $265.3M · 2013-07-31Series C · modeled $85.6M · 2014-08-19Series C · modeled $22.4M · 2015-10-232015
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
0.98×/yr
Annual markup
1.12×/yr upside case
6.0 yr
Elapsed time used
10.7 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$20.6M/yr
Capital velocity
17.1 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 76 companies in Coal Mining. 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) 17× above median
This company$131.2M
Sector median$7.5M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.1× of median
This company$5.3M
Sector median$56.4M
Modeled value — vs sector median (estimate, all stages) 1.4× above median
This company$22.4M
Sector median$16.5M

Raised more than 91% of sector peers (real $). Modeled value above 58% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Bowie Resource Partners, LLCSeries C$88.9M$379.8M1.89×
Corsa Coal Corp. this companySeries C$131.2M$22.4M0.11×
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$223K2009-06-10$1.2M$1.3M90%
Series A$10.5M2010-09-30$47.7M$39.5M90%
Series A$10.9M2010-12-08$49.7M$41.2M90%
Series B$22.2M2011-12-15$123.2M$91.7M90%
Series C$62.1M2013-07-31$414.3M$265.3M90%
Series C$20.0M2014-08-19$133.6M$85.6M90%
Series C$5.3M2015-10-23$35.0M$22.4M90%
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$223K2009-06-10
    • First recorded raise — entered as Pre-Seed.
  2. Series A$10.5M2010-09-30
    • Raised 16 mo later, in step with the ~11 mo sector norm.
    • Round 47.0× larger than the prior — scaling up.
  3. Series A$10.9M2010-12-08
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  4. Series B$22.2M2011-12-15
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
  5. Series C$62.1M2013-07-31
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
  6. Series C$20.0M2014-08-19
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
  7. Series C$5.3M2015-10-23
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 3.8× smaller than the prior — bridge or down round.
Intelligence
2016 ~Q4
Modeled next raise · ~13mo cadence
$5.3M
Modeled next size est.range $5.3M$8.4M
0.3×
Last step-up
$20.6M/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
Robert Scott19 other2010-09
Daniel Smith10 other2013-07
JOHN ROBINS10 other2009-06
Michael Harrison7 other2011-12
James Paterson5 other2010-09
COLIN K BENNER3 other2009-06
ARTHUR EINAV2 other2014-08
John Craig2 other2010-12
JOSEPH GALLO2 other2010-12
Paul Caldwell2 other2011-12
Timothy Phillips2 other2010-09
Colin Benner1 other2010-09
KERRY MEARS1 other2010-12
Kevin Harrigan1 other2015-10
MICHAEL SVONAVEC1 other2010-12
STEPHEN MEEHAN1 other2010-12
Alan De'ath2013-07
Christopher Twells2010-09
CHRIS TWELLS2009-06
Corbin Robertson III2013-07
Donald Charter2009-06
ERNIE THRASHER2009-06
George Dethlefsen2013-07
JAMES R PATTERSON2009-06
Registry & provenance

Corsa Coal Corp. 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
1466725
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
Wilson Creek Energy, LLCCoal MiningSeries B$48.8M$156.7Mnetwork5 shared operators · same sector
RAM River Coal Corp.Coal MiningSeries C$101.2M$216.2Mnetwork1 shared operator · same sector · same stage
GOLD TREASURE GROUP LtdCoal MiningSeries C$100.0M$428.8Msame sector · same stage
Bowie Resource Partners, LLCCoal MiningSeries C$88.9M$379.8Msame sector · same stage
Turing Pharmaceuticals AGPharmaceuticalsSeries C$153.0M$3.2Bnetwork1 shared operator · same stage
NEW AGE DEVELOPMENT LtdCoal MiningSeries C$85.0M$365.0Msame sector · same stage
i-80 Gold Corp.Mining & ResourcesSeries C$76.1M$22.7Mnetwork1 shared operator · same stage
Xinergy Ltd.Coal MiningSeries D+$122.5M$526.4Msame sector
Frequently asked
How much funding has Corsa Coal Corp. raised?
Corsa Coal Corp. has raised approximately $131.2M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Corsa Coal Corp.'s estimated valuation?
Provath's modeled valuation for Corsa Coal Corp. is approximately $22.4M (modeled range $19.3M–$59.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Corsa Coal Corp. at?
Corsa Coal Corp.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Oct 23.
What does Corsa Coal Corp. do and where is it based?
Corsa Coal Corp. operates in the Coal Mining sector, based in TORONTO.
Explore related

See where Corsa Coal Corp. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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