Companies · Other

Evrim Resources Corp.

VANCOUVER · Other

Diligence memoA one-page analyst read on Evrim Resources Corp. — recommendation, valuation, rhythm, risks.
$10.4M
Total raised · real
5
Rounds
2.9×
Latest step-up
Top 23%
Sector rank · raised
Series A
Latest stage · inferred · Fri May 19 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Evrim Resources Corp. 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 0.54× the median modeled value of Series A Other companies in 2016–2018 (707 peers) — value vs value, same stage and era.
  • Issuer reports $0–$1M revenue while modeled below niche peers.
Dormant
  • Last raise 9.1 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

Evrim Resources Corp. is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 78% of sector peers), and in the upper tier 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
94
Investors (latest)
2017-05-19
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$100MSeries A · 2010-12-23 Raised $4.3M (real) Modeled valuation $65M (est)$4.3M$65MSeries A2010Series A · 2012-11-06 Raised $362K (real) Modeled valuation $5.5M (est)$362K$5.5MSeries A2012Series A · 2014-05-27 Raised $1.5M (real) Modeled valuation $22M (est)$1.5M$22MSeries A2014Series A · 2015-12-16 Raised $1.1M (real) Modeled valuation $17M (est)$1.1M$17MSeries A2015Series A · 2017-05-19 Raised $3.2M (real) Modeled valuation $48M (est)$3.2M$48MSeries A2017+$362K+$1.5M+$1.1M+$3.2MCumulative $10M

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 A$4.3M · 2010
Series A extension$362K · 2012
Series A extension$1.5M · 2014
Series A extension$1.1M · 2015
Series A extension$3.2M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$47.8M
Base estimate est.
$4.3M
Conservative case
$259.8M
Upside case
$14.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $65.5M · 2010-12-232010Series A · modeled $5.5M · 2012-11-06Series A · modeled $22.3M · 2014-05-27Series A · modeled $16.6M · 2015-12-16Series A · modeled $47.8M · 2017-05-192017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
9.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$1.6M/yr
Capital velocity
15.5 yr
On record since
2010
First round
5
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) 5.1× above median
This company$10.4M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$3.2M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 2.7× above median
This company$47.8M
Sector median$17.7M

Raised more than 78% of sector peers (real $). Modeled value above 71% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #597 of 707.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Cardinal Memorial Ultimate Holdings, Llc · Series A Raised $15.0M · modeled $227.0M (est)PASSADO Co Ltd · Series A Raised $15.0M · modeled $227.0M (est)Baba Joe Diamond Ventures Us Inc. · Series A Raised $15.0M · modeled $227.0M (est)Black Television News Channel, LLC · Series A Raised $15.0M · modeled $227.0M (est)CannCare, Inc · Series A Raised $15.0M · modeled $227.0M (est)Instapage, Inc. · Series A Raised $18.0M · modeled $227.0M (est)Hogsalt Investors Llc · Series A Raised $15.0M · modeled $227.0M (est)Mina Mar Corp · Series A Raised $15.0M · modeled $227.0M (est)ACM Research, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Genie Enterprises, Ltd · Series A Raised $15.0M · modeled $227.0M (est)Qq Utah 3, Llc · Series A Raised $15.0M · modeled $227.0M (est)Tatcha LLC · Series A Raised $21.3M · modeled $227.0M (est)Evrim Resources Corp. (this company) Raised $10.4M · modeled $47.8M (est)Evrim Resources Corp.
CompanyStageRaised · realValue · estvs peer med.
Cardinal Memorial Ultimate Holdings, LlcSeries A$15.0M$227.0M2.59×
PASSADO Co LtdSeries A$15.0M$227.0M2.59×
Baba Joe Diamond Ventures Us Inc.Series A$15.0M$227.0M2.59×
Black Television News Channel, LLCSeries A$15.0M$227.0M2.59×
CannCare, IncSeries A$15.0M$227.0M2.59×
Instapage, Inc.Series A$18.0M$227.0M2.59×
Hogsalt Investors LlcSeries A$15.0M$227.0M2.59×
Mina Mar CorpSeries A$15.0M$227.0M2.59×
ACM Research, Inc.Series A$15.0M$227.0M2.59×
Genie Enterprises, LtdSeries A$15.0M$227.0M2.59×
Qq Utah 3, LlcSeries A$15.0M$227.0M2.59×
Tatcha LLCSeries A$21.3M$227.0M2.59×
Evrim Resources Corp. this companySeries A$10.4M$47.8M0.54×
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 A$4.3M2010-12-23$19.7M$65.5M85%
Series A$362K2012-11-06$1.6M$5.5M85%
Series A$1.5M2014-05-27$6.7M$22.3M85%
Series A$1.1M2015-12-16$5.0M$16.6M85%
Series A$3.2M2017-05-19$14.4M$47.8M90%
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. Series A$4.3M2010-12-23
    • First recorded raise — entered as Series A.
    • 147 investors on this round.
  2. Series A$362K2012-11-06
    • Raised again after 22 mo — slower than the ~11 mo sector norm.
    • Round 12.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  3. Series A$1.5M2014-05-27
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 34 investors on this round.
  4. Series A$1.1M2015-12-16
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 112 investors on this round.
  5. Series A$3.2M2017-05-19
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 94 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~19mo cadence
$9.1M
Modeled next size est.range $5.9M$14.6M
2.9×
Last step-up
$1.6M/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
David A Caulfield2 other2010-12
Michael D McInnis2 other2010-12
Dorothy G Miller1 other2010-12
E. Kenneth Paul1 other2010-12
John A Thompson1 other2015-12
John Patrick Nicol1 other2010-12
JOHN P NICOL1 other2012-11
Charles W Funk2017-05
Jack HL Miller2014-05
Kenneth P Paul2012-11
Mahesh A Liyanage2015-12
Mahesh N Liyanage2014-05
Paul D Van Eeden2010-12
Paul P Va Eeden2015-12
Paul P Van Eeden2012-11
Robert A Duncan2012-11
Stewart A Harris2015-12
Stewart G Harris2012-11
Stewart N Harris2014-05
Registry & provenance

Evrim Resources 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
1508931
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
Evrim Metals CorpOtherSeries A$4.2M$64.2Mnetwork5 shared operators · same sector · same stage
Kiska Metals Corp.OtherSeries A$9.9M$22.7Mnetwork1 shared operator · same sector · same stage
Riverstone Resources IncOtherSeries A$12.4M$2.1Mnetwork1 shared operator · same sector · same stage
CityPickle, Inc.OtherSeries A$10.4M$47.7Msame sector · same stage
WPS Holdings, LLC/DEOtherSeries A$10.5M$46.8Msame sector · same stage
Safetyspect IncOtherSeries A$10.1M$48.4Msame sector · same stage
Restoration Services of the Carolinas Holdings, Inc.OtherSeries A$10.8M$48.1Msame sector · same stage
Eternal Capital management ltdOtherSeries A$10.0M$48.8Msame 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
Evrim, Inc.Other TechnologyPre-Seed$700K85%
EVx International Inc.OtherSeed$35.8M83%
Ecoark Holdings, Inc.OtherSeries C$1.0B82%
Vizsla Resources Corp.OtherSeries B$151.8M81%
Ecoserv Holdings, LlcOtherSeries A$174.0M81%
Ggl Resources Corp.OtherPre-Seed$650K81%
Akora Resources LtdOtherPre-Seed$5.8M81%
Forge Resources Corp.OtherPre-Seed$405K81%
Frequently asked
How much funding has Evrim Resources Corp. raised?
Evrim Resources Corp. has raised approximately $10.4M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Evrim Resources Corp.'s estimated valuation?
Provath's modeled valuation for Evrim Resources Corp. is approximately $47.8M (modeled range $4.3M–$259.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Evrim Resources Corp. at?
Evrim Resources Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri May 19.
What does Evrim Resources Corp. do and where is it based?
Evrim Resources Corp. operates in the Other sector, based in VANCOUVER.
Explore related

See where Evrim Resources 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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