Companies · Other

Eastmain Resources Inc

TORONTO · Other

Diligence memoA one-page analyst read on Eastmain Resources Inc — recommendation, valuation, rhythm, risks.
$428K
Total raised · real
3
Rounds
1.0×
Latest step-up
Top 81%
Sector rank · raised
Seed
Latest stage · inferred · Fri Mar 06 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Eastmain Resources Inc 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 0.10× the median modeled value of Seed Other companies in 2019–2021 (1101 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.3 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

Eastmain Resources Inc is one of 25015 Other companies tracked from TORONTO. By capital raised it ranks in the long tail (ahead of 20% 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)
2020-03-06
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2010-09-15 Raised $131K (real) Modeled valuation $3.0M (est)$131K$3.0MPre-Seed2010Seed · 2017-06-08 Raised $148K (real) Modeled valuation $2.8M (est)$148K$2.8MSeed2017Seed · 2020-03-06 Raised $149K (real) Modeled valuation $2.8M (est)$149K$2.8MSeed2020+$148K+$149KCumulative $428K

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$131K · 2010
Seed$148K · 2017
Seed extension$149K · 2020

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

Modeled valuation trajectory
$2.8M
Base estimate est.
$134K
Conservative case
$21.7M
Upside case
$745K
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. Directional, not a quoted figure.

Pre-Seed · modeled $3.0M · 2010-09-152010Seed · modeled $2.8M · 2017-06-08Seed · modeled $2.8M · 2020-03-062020
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
6.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
57 mo
Avg between rounds
$45K/yr
Capital velocity
15.8 yr
On record since
2010
First round
3
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) 0.2× of median
This company$428K
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$149K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.8M
Sector median$17.7M

Raised more than 20% of sector peers (real $). Modeled value above 16% 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 #1077 of 1,101.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Esperos, Inc. · Seed Raised $4.0M · modeled $74.4M (est)AL International Holdings Inc. · Seed Raised $4.0M · modeled $74.4M (est)Clean Beam, LLC · Seed Raised $4.0M · modeled $74.4M (est)SEAM Group Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)HemTex Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)BlueStripe Inc. · Seed Raised $4.0M · modeled $74.4M (est)Yardstik, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Labyrinthe Holdings Corp · Seed Raised $4.0M · modeled $74.4M (est)INSIDE THESE CASTLE WALLS DEVELOPMENT Ltd LIABILITY Co · Seed Raised $4.0M · modeled $74.4M (est)Exotic Breeding Partnership LLC 5 · Seed Raised $4.0M · modeled $74.4M (est)Phg Oz I, Llc · Seed Raised $4.0M · modeled $73.7M (est)Betasv L.P. · Seed Raised $4.0M · modeled $73.3M (est)Eastmain Resources Inc (this company) Raised $428K · modeled $2.8M (est)Eastmain Resources Inc
CompanyStageRaised · realValue · estvs peer med.
Esperos, Inc.Seed$4.0M$74.4M2.67×
AL International Holdings Inc.Seed$4.0M$74.4M2.67×
Clean Beam, LLCSeed$4.0M$74.4M2.67×
SEAM Group Holdings, LLCSeed$4.0M$74.4M2.67×
HemTex Holdings, LLCSeed$4.0M$74.4M2.67×
BlueStripe Inc.Seed$4.0M$74.4M2.67×
Yardstik, Inc.Seed$4.0M$74.4M2.67×
Labyrinthe Holdings CorpSeed$4.0M$74.4M2.67×
INSIDE THESE CASTLE WALLS DEVELOPMENT Ltd LIABILITY CoSeed$4.0M$74.4M2.67×
Exotic Breeding Partnership LLC 5Seed$4.0M$74.4M2.67×
Phg Oz I, LlcSeed$4.0M$73.7M2.64×
Betasv L.P.Seed$4.0M$73.3M2.63×
Eastmain Resources Inc this companySeed$428K$2.8M0.10×
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$131K2010-09-15$726K$3.0M85%
Seed$148K2017-06-08$741K$2.8M90%
Seed$149K2020-03-06$745K$2.8M90%
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$131K2010-09-15
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Seed$148K2017-06-08
    • Raised again after 81 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  3. Seed$149K2020-03-06
    • Raised again after 33 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~57mo cadence
$150K
Modeled next size est.range $149K$240K
1.0×
Last step-up
$45K/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 Stein14 other2020-03
Michael Hoffman10 other2017-06
Blair Schultz1 other2017-06
Catherine Beckett1 other2020-03
Donald J. Robinson1 other2010-09
George Duguay1 other2017-06
Joe Fazzini1 other2017-06
Joseph Fazzini1 other2020-03
Laurence Curtis1 other2017-06
ALISON DWOSKIN2017-06
CLAUDE LEMASSON2017-06
David K. Joyce2010-09
Herve Thiboutot2017-06
Ian J. Bryans2010-09
James L. Bezeau2010-09
Jay L. Goldman2010-09
John A. Hansuld2010-09
Maura Lendon2020-03
William L. Koyle2010-09
William McGuinty2017-06
Registry & provenance

Eastmain 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
1020791
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
Creature Comforts Holding Company, LLCOtherSeed$1.6M$30.4Mnetwork1 shared operator · same sector · same stage
Xtraction Services Inc.OtherSeed$3.2M$10.6Mnetwork1 shared operator · same sector · same stage
Toachi Mining Inc.OtherPre-Seed$616K$14.2Mnetwork1 shared operator · same sector
Rodinia Lithium Inc.OtherPre-Seed$235K$5.4Mnetwork1 shared operator · same sector
Creature Equity Group, LLCOtherPre-Seed$914K$21.1Mnetwork1 shared operator · same sector
Artet Group Investors IV, LLCOtherSeed$1.0M$2.6Msame sector · same stage
I Wish You'd Wanted Me Ltd Liability CoOtherSeed$1.1M$2.7Msame sector · same stage
AUA Midvale Townhomes, LLCOtherSeed$1.1M$2.9Msame 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
Millrock Resources IncOtherSeed$3.0M83%
Lightning Creek Resources CorpOtherPre-Seed$4.3M83%
Tower Resources Ltd.OtherPre-Seed$7.8M82%
Kihew Resources Inc.OtherSeed$4.8M82%
Medallion Resources LtdOtherPre-Seed$6.0M82%
Irving Resources Inc.OtherSeries A$1.6M82%
Northern Shield Resources Inc.OtherPre-Seed$2.1M82%
East Asia Minerals CorpMining & ResourcesSeries B$6.5M81%
Frequently asked
How much funding has Eastmain Resources Inc raised?
Eastmain Resources Inc has raised approximately $428K in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Eastmain Resources Inc's estimated valuation?
Provath's modeled valuation for Eastmain Resources Inc is approximately $2.8M (modeled range $134K–$21.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Eastmain Resources Inc at?
Eastmain Resources Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Mar 06.
What does Eastmain Resources Inc do and where is it based?
Eastmain Resources Inc operates in the Other sector, based in TORONTO.
Explore related

See where Eastmain 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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