Companies · Other

Cronos Holding Co Ltd.

HAMILTON · Other

Diligence memoA one-page analyst read on Cronos Holding Co Ltd. — recommendation, valuation, rhythm, risks.
$335.1M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Mon May 07 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Cronos Holding Co Ltd. looks under-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.

Under-valued
  • Modeled value is 0.20× the median modeled value of Series D+ Other companies in 2010–2012 (92 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.1 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Cronos Holding Co Ltd. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
15.9 yr record
Peak capital year was 2010 with $305.1M across 1 filings.
Market position
ahead of 99% of Other peers
Capital scale is ahead of 99% of Other peers; modeled value is above 94% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2010: $305.1M across 1 filings.
  • Largest single filing was $305.1M on 2010-07-26.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Cronos Holding Co Ltd. is one of 25008 Other companies tracked from HAMILTON. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest 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$2.5B$5.0B$7.5B$10.0BSeries D+ · 2010-07-26 Raised $305M (real) Modeled valuation $5.3B (est)$305M$5.3BSeries D+2010Series D+ · 2012-05-07 Raised $30M (real) Modeled valuation $518M (est)$30M$518MSeries D+2012+$30MCumulative $335M

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
Series D+$305.1M · 2010
Series D+ extension$30.0M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$517.7M
Base estimate est.
$170.0M
Conservative case
$1.1B
Upside case
$250.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series D+ · modeled $5.3B · 2010-07-262010Series D+ · modeled $517.7M · 2012-05-072012
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.16×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
14.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$188.0M/yr
Capital velocity
15.9 yr
On record since
2010
First round
2
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) 164× above median
This company$335.1M
Sector median$2.0M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.2× of median
This company$30.0M
Sector median$125.1M
Modeled value — vs sector median (estimate, all stages) 29× above median
This company$517.7M
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #86 of 92.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Wizard Parent LLC · Series D+ Raised $378.0M · modeled $6.5B (est)VMP Holding Co II, LLC · Series D+ Raised $369.4M · modeled $6.4B (est)Camp Global Holdings, Llc · Series D+ Raised $361.7M · modeled $6.2B (est)Maple Leaf Foods Inc · Series D+ Raised $352.5M · modeled $6.1B (est)IronCo. LLC · Series D+ Raised $343.2M · modeled $5.9B (est)Twin Metals Minnesota LLC · Series D+ Raised $325.0M · modeled $5.6B (est)S-I IPVF Holdings, LLC · Series D+ Raised $311.3M · modeled $5.4B (est)Lion/Big Catch Cayman L.P. · Series D+ Raised $332.8M · modeled $5.3B (est)FriendFinder Networks Inc. · Series D+ Raised $551.2M · modeled $5.3B (est)Aggregates USA Holdings, LLC · Series D+ Raised $302.0M · modeled $5.2B (est)Manabi S.A. · Series D+ Raised $300.0M · modeled $5.2B (est)Firefox Acquisition Corp. · Series D+ Raised $293.3M · modeled $5.1B (est)Cronos Holding Co Ltd. (this company) Raised $335.1M · modeled $517.7M (est)Cronos Holding Co Ltd.
CompanyStageRaised · realValue · estvs peer med.
Wizard Parent LLCSeries D+$378.0M$6.5B2.52×
VMP Holding Co II, LLCSeries D+$369.4M$6.4B2.46×
Camp Global Holdings, LlcSeries D+$361.7M$6.2B2.41×
Maple Leaf Foods IncSeries D+$352.5M$6.1B2.35×
IronCo. LLCSeries D+$343.2M$5.9B2.29×
Twin Metals Minnesota LLCSeries D+$325.0M$5.6B2.17×
S-I IPVF Holdings, LLCSeries D+$311.3M$5.4B2.08×
Lion/Big Catch Cayman L.P.Series D+$332.8M$5.3B2.04×
FriendFinder Networks Inc.Series D+$551.2M$5.3B2.03×
Aggregates USA Holdings, LLCSeries D+$302.0M$5.2B2.01×
Manabi S.A.Series D+$300.0M$5.2B2.00×
Firefox Acquisition Corp.Series D+$293.3M$5.1B1.96×
Cronos Holding Co Ltd. this companySeries D+$335.1M$517.7M0.20×
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.
Series D+$305.1M2010-07-26$2.5B$5.3B90%
Series D+$30.0M2012-05-07$250.0M$517.7M90%
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. Series D+$305.1M2010-07-26
    • First recorded raise — entered as Series D+.
  2. Series D+$30.0M2012-05-07
    • Raised again after 21 mo — slower than the ~11 mo sector norm.
    • Round 10.2× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q1
Modeled next raise · ~21mo cadence
$30.0M
Modeled next size est.range $30.0M$48.0M
0.1×
Last step-up
$188.0M/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
Matthew S. Edgerton7 other2010-07
Christopher L. Collins3 other2010-07
Philip E. Berney2 other2010-07
Frank P Vaughan2012-05
Menno J. Van Lacum2010-07
Michael B. Goldberg2010-07
Milton J. Anderson2010-07
Peter J. Younger2010-07
Registry & provenance

Cronos Holding Co Ltd. 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
1497426
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
Resolute Investment Holdings, LLCOtherSeries D+$342.2M$5.9Bnetwork1 shared operator · same sector · same stage
Oak Holdings, LLCRetailingSeries D+$279.3M$1.6Bnetwork2 shared operators · same stage
Eagle Family Foods Group Holdings, LLCOtherSeed$3.0M$55.8Mnetwork2 shared operators · same sector
Urgentmed Holdings, LLCOtherSeries D+$331.0M$600.2Msame sector · same stage
RSC Topco, Inc.OtherGrowth/Late$421.3M$7.5Bnetwork1 shared operator · same sector
Triple Point Group Holdings, Inc.OtherSeries D+$327.2M$517.7Msame sector · same stage
Tide Rock Yieldco, LlcOtherSeries D+$319.5M$595.3Msame sector · same stage
LBM Acquisition, LLCOtherGrowth/Late$577.9M$10.3Bnetwork1 shared operator · same sector
Frequently asked
How much funding has Cronos Holding Co Ltd. raised?
Cronos Holding Co Ltd. has raised approximately $335.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Cronos Holding Co Ltd.'s estimated valuation?
Provath's modeled valuation for Cronos Holding Co Ltd. is approximately $517.7M (modeled range $170.0M–$1.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cronos Holding Co Ltd. at?
Cronos Holding Co Ltd.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon May 07.
What does Cronos Holding Co Ltd. do and where is it based?
Cronos Holding Co Ltd. operates in the Other sector, based in HAMILTON.
Explore related

See where Cronos Holding Co Ltd. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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