Companies · Mining & Resources

Exploration Technologies, Inc./DE

SAN DIEGO · Mining & Resources · refined from filed group “Other Technology”

Diligence memoA one-page analyst read on Exploration Technologies, Inc./DE — recommendation, valuation, rhythm, risks.→
$1.9M
Total raised · real
1
Rounds
—
Latest step-up
Top 53%
Sector rank · raised
Seed
Latest stage · inferred · Mon Feb 24 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Exploration Technologies, Inc./DE looks over-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. 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.

Over-valued
  • Modeled value is 1.65× the median modeled value of Seed Mining & Resources companies in 2025–2027 (77 peers) — value vs value, same stage and era.
Quiet
  • Last raise 16 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 Mining & Resources

Exploration Technologies, Inc./DE is one of 701 Mining & Resources companies tracked from SAN DIEGO. By capital raised it ranks mid-pack (ahead of 48% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023
Year incorporated
2025-02-24
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$5.0MSeed · 2025-02-24 Raised $1.9M (real) Modeled valuation $4.6M (est)$1.9M$4.6MSeed2025

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
Seed$1.9M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$4.6M
Base estimate est.
$1.6M
Conservative case
$10.2M
Upside case
$9.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seed — a $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
1.4 yr
Elapsed time used
1.4 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
1.6 yr
On record since
2025
First round
1
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. 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)▼ 0.8× of median
This company$1.9M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 1.8× above median
This company$1.9M
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages)▲ 1.8× above median
This company$4.6M
Sector median$2.5M

Raised more than 48% of sector peers (real $). Modeled value above 64% 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 #20 of 77.

This companyCohort peer
$1.0M$10.0M$1.0M$10.0M$100.0MCapital raised (log)Blue Gold Ltd · Seed Raised $3.8M · modeled $8.4M (est)Sierra Madre Gold & Silver Ltd. · Seed Raised $4.0M · modeled $8.1M (est)Metal Powder Works Ltd · Seed Raised $3.2M · modeled $7.7M (est)Western Exploration Inc. · Seed Raised $4.3M · modeled $7.5M (est)Mayfair Gold Corp. · Seed Raised $16.2M · modeled $7.3M (est)Great Pacific Gold Corp. · Seed Raised $3.4M · modeled $6.8M (est)Cuprum Metals Inc. · Seed Raised $2.8M · modeled $6.7M (est)Lavras Gold Corp. · Seed Raised $2.6M · modeled $6.2M (est)B & N Mining, Inc. · Seed Raised $3.0M · modeled $6.1M (est)Pirate Gold Corp. · Seed Raised $2.8M · modeled $6.1M (est)West Red Lake Gold Mines Ltd. · Seed Raised $12.9M · modeled $5.9M (est)Thunder Mountain Gold Inc · Seed Raised $4.9M · modeled $5.4M (est)Exploration Technologies, Inc./DE (this company) Raised $1.9M · modeled $4.6M (est)Exploration Technologies, Inc./DE
CompanyStageRaised · realValue · estvs peer med.
Blue Gold LtdSeed$3.8M$8.4M3.03×
Sierra Madre Gold & Silver Ltd.Seed$4.0M$8.1M2.94×
Metal Powder Works LtdSeed$3.2M$7.7M2.78×
Western Exploration Inc.Seed$4.3M$7.5M2.72×
Mayfair Gold Corp.Seed$16.2M$7.3M2.64×
Great Pacific Gold Corp.Seed$3.4M$6.8M2.47×
Cuprum Metals Inc.Seed$2.8M$6.7M2.44×
Lavras Gold Corp.Seed$2.6M$6.2M2.25×
B & N Mining, Inc.Seed$3.0M$6.1M2.22×
Pirate Gold Corp.Seed$2.8M$6.1M2.20×
West Red Lake Gold Mines Ltd.Seed$12.9M$5.9M2.12×
Thunder Mountain Gold IncSeed$4.9M$5.4M1.94×
Exploration Technologies, Inc./DE this companySeed$1.9M$4.6M1.65×
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.
Seed$1.9M2025-02-24$9.5M$4.6M90%
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. Seed$1.9M2025-02-24
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
Intelligence
—
Modeled next raise
$3.0M
Modeled next size est.range $2.0M–$4.9M
—
Last step-up
—
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
Tyler Hall—1 other2025-02
Alexander Miltenberger——2025-02
Zach Fredericks——2025-02
Registry & provenance

Exploration Technologies, Inc./DE 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
2061566
SEC CIK
2023
Incorporated
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
Moneta Gold Inc.Mining & ResourcesSeed$1.9M$6.3Msame sector · same stage
Paycore Minerals Inc.Mining & ResourcesSeed$2.0M$7.7Msame sector · same stage
Sonora Gold & Silver Corp.Mining & ResourcesSeed$2.0M$2.0Msame sector · same stage
Alicanto Minerals LtdMining & ResourcesSeed$2.0M$4.6Msame sector · same stage
Corex Gold CorpMining & ResourcesSeed$1.8M$794Ksame sector · same stage
Fireweed Metals Corp.Mining & ResourcesSeed$1.8M$6.3Msame sector · same stage
Comstock Metals Ltd.Mining & ResourcesSeed$2.0M$6.1Msame sector · same stage
Revival Gold Amalgamation Corp.Mining & ResourcesSeed$2.0M$5.6Msame 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
Resource Exploration, Inc.Mining & ResourcesPre-Seed$1.6M95%
Universe Exploration CoMining & ResourcesSeries B$133.8M90%
ISS Mining 1, LLCMining & ResourcesPre-Seed$1.6M86%
US American Exploration, Inc.Mining & ResourcesSeries A$18.5M85%
Discovery Exploration Group IncMining & ResourcesPre-Seed$667K85%
US Digital Mining Corp.Mining & ResourcesPre-Seed$4.7M85%
Colorado Mining Companies LlpMining & ResourcesSeed$5.6M85%
High Power Exploration Inc.Mining & ResourcesSeries D+$1.2B84%
Frequently asked
How much funding has Exploration Technologies, Inc./DE raised?
Exploration Technologies, Inc./DE has raised approximately $1.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Exploration Technologies, Inc./DE's estimated valuation?
Provath's modeled valuation for Exploration Technologies, Inc./DE is approximately $4.6M (modeled range $1.6M–$10.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Exploration Technologies, Inc./DE at?
Exploration Technologies, Inc./DE's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Feb 24.
What does Exploration Technologies, Inc./DE do and where is it based?
Exploration Technologies, Inc./DE operates in the Mining & Resources sector, based in SAN DIEGO.
Explore related

See where Exploration Technologies, Inc./DE sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Exploration Technologies, Inc./DE, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.