Companies · Other

Electrum Discovery Corp.

VANCOUVER · Other

Diligence memoA one-page analyst read on Electrum Discovery Corp. — recommendation, valuation, rhythm, risks.
$3.2M
Total raised · real
6
Rounds
1.0×
Latest step-up
Top 43%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Oct 09 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Electrum Discovery Corp. 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.

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 0.41× the median modeled value of Pre-Seed Other companies in 2022–2024 (1723 peers) — value vs value, same stage and era.
Quiet
  • Last raise 21 mo ago; this sector typically re-raises about every 11 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 Other

Electrum Discovery Corp. is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 58% 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
6
Investors (latest)
2024-10-09
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$13M$25M$38M$50MPre-Seed · 2013-04-12 Raised $962K (real) Modeled valuation $22M (est)Pre-Seed2013Pre-Seed · 2014-02-05 Raised $495K (real) Modeled valuation $11M (est)Pre-Seed2014Pre-Seed · 2015-10-13 Raised $223K (real) Modeled valuation $5.2M (est)Pre-Seed2015Pre-Seed · 2018-10-17 Raised $507K (real) Modeled valuation $12M (est)Pre-Seed2018Pre-Seed · 2024-01-15 Raised $800K (real) Modeled valuation $3.9M (est)Pre-Seed2024Pre-Seed · 2024-01-15 Raised $800K (real) Modeled valuation $3.9M (est)Pre-Seed2024Pre-Seed · 2024-10-09 Raised $234K (real) Modeled valuation $830K (est)Pre-Seed2024Pre-Seed · 2024-10-09 Raised $234K (real) Modeled valuation $830K (est)Pre-Seed2024+$495K+$223K+$507K+$800K+$800K+$234K+$234KCumulative $4.3M

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$962K · 2013
Pre-Seed extension$495K · 2014
Pre-Seed extension$223K · 2015
Pre-Seed extension$507K · 2018
Pre-Seed extension$800K · 2024
Pre-Seed extension$800K · 2024
Pre-Seed extension$234K · 2024
Pre-Seed extension$234K · 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
$830K
Base estimate est.
$156K
Conservative case
$2.6M
Upside case
$1.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $22.2M · 2013-04-122013Pre-Seed · modeled $11.5M · 2014-02-05Pre-Seed · modeled $5.2M · 2015-10-13Pre-Seed · modeled $11.7M · 2018-10-17Pre-Seed · modeled $3.9M · 2024-01-15Pre-Seed · modeled $3.9M · 2024-01-15Pre-Seed · modeled $830K · 2024-10-09Pre-Seed · modeled $830K · 2024-10-092024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$280K/yr
Capital velocity
13.2 yr
On record since
2013
First round
8
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) 1.6× above median
This company$3.2M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.7× of median
This company$234K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$830K
Sector median$17.7M

Raised more than 58% of sector peers (real $). Modeled value above 4% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #1502 of 1,723.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)El American Inc. · Pre-Seed Raised $1.0M · modeled $11.9M (est)AEA Hope, LLC · Pre-Seed Raised $1.0M · modeled $11.8M (est)Joy Milk Tea Inc. · Pre-Seed Raised $1.0M · modeled $11.7M (est)Manage Mindfully, Inc. · Pre-Seed Raised $1.0M · modeled $11.5M (est)ValiDateMe LLC · Pre-Seed Raised $1.0M · modeled $11.4M (est)BW-IGC, Inc. · Pre-Seed Raised $1.0M · modeled $11.3M (est)Phoenix Asset Recovery Corp · Pre-Seed Raised $1.0M · modeled $11.3M (est)Hge Fic N Llc · Pre-Seed Raised $1.0M · modeled $10.7M (est)Isegoria, Inc · Pre-Seed Raised $1.0M · modeled $10.6M (est)Brookstone VC Blaze, LLC · Pre-Seed Raised $961K · modeled $10.5M (est)Supreme Colas LLC · Pre-Seed Raised $1.0M · modeled $10.5M (est)Asian Court Holdings, Inc. · Pre-Seed Raised $897K · modeled $10.5M (est)Electrum Discovery Corp. (this company) Raised $3.2M · modeled $830K (est)Electrum Discovery Corp.
CompanyStageRaised · realValue · estvs peer med.
El American Inc.Pre-Seed$1.0M$11.9M5.88×
AEA Hope, LLCPre-Seed$1.0M$11.8M5.85×
Joy Milk Tea Inc.Pre-Seed$1.0M$11.7M5.77×
Manage Mindfully, Inc.Pre-Seed$1.0M$11.5M5.70×
ValiDateMe LLCPre-Seed$1.0M$11.4M5.64×
BW-IGC, Inc.Pre-Seed$1.0M$11.3M5.58×
Phoenix Asset Recovery CorpPre-Seed$1.0M$11.3M5.58×
Hge Fic N LlcPre-Seed$1.0M$10.7M5.28×
Isegoria, IncPre-Seed$1.0M$10.6M5.26×
Brookstone VC Blaze, LLCPre-Seed$961K$10.5M5.20×
Supreme Colas LLCPre-Seed$1.0M$10.5M5.18×
Asian Court Holdings, Inc.Pre-Seed$897K$10.5M5.18×
Electrum Discovery Corp. this companyPre-Seed$3.2M$830K0.41×
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$962K2013-04-12$5.3M$22.2M85%
Pre-Seed$495K2014-02-05$2.8M$11.5M85%
Pre-Seed$223K2015-10-13$1.2M$5.2M85%
Pre-Seed$507K2018-10-17$2.8M$11.7M90%
Pre-Seed$800K2024-01-15$4.4M$3.9M90%
Pre-Seed$800K2024-01-15$4.4M$3.9M90%
Pre-Seed$234K2024-10-09$1.3M$830K90%
Pre-Seed$234K2024-10-09$1.3M$830K90%
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$962K2013-04-12
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$495K2014-02-05
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  3. Pre-Seed$223K2015-10-13
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Pre-Seed$507K2018-10-17
    • Raised again after 36 mo — slower than the ~11 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
    • 10 investors on this round.
  5. Pre-Seed$800K2024-01-15
    • Raised again after 63 mo — slower than the ~11 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 26 investors on this round.
  6. Pre-Seed$800K2024-01-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 26 investors on this round.
  7. Pre-Seed$234K2024-10-09
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 3.4× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  8. Pre-Seed$234K2024-10-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~20mo cadence
$234K
Modeled next size est.range $234K$374K
1.0×
Last step-up
$280K/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
Michael Williams26 other2024-10
John Anderson21 other2024-10
DAVID HALL7 other2013-04
Kevin Bales7 other2013-04
Ralph Rushton7 other2013-04
Simon Ridgway6 other2013-04
R. Michael Jones4 other2024-01
Jeremy Martin2 other2013-04
Daniel James1 other2013-04
Eric Rasmussen1 other2024-01
Janet O'Donnell1 other2024-01
Michael Thomsen1 other2024-01
Brett Kagetsu2024-01
Elena Clarici2024-01
Michael Skead2015-10
Registry & provenance

Electrum Discovery 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
1572236
SEC CIK
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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.

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Frequently asked
How much funding has Electrum Discovery Corp. raised?
Electrum Discovery Corp. has raised approximately $3.2M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Electrum Discovery Corp.'s estimated valuation?
Provath's modeled valuation for Electrum Discovery Corp. is approximately $830K (modeled range $156K–$2.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Electrum Discovery Corp. at?
Electrum Discovery Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Oct 09.
What does Electrum Discovery Corp. do and where is it based?
Electrum Discovery Corp. operates in the Other sector, based in VANCOUVER.
Explore related

See where Electrum Discovery 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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