Companies · Other

First Helium Inc.

VANCOUVER · Other

Diligence memoA one-page analyst read on First Helium Inc. — recommendation, valuation, rhythm, risks.
$799K
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 69%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Mar 18 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

First Helium Inc. looks over-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.

Over-valued
  • Modeled value is 2.17× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.3 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

First Helium Inc. is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 32% 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
2
Investors (latest)
2016
Year incorporated
2021-03-18
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$5.0M$10M$15M$20MPre-Seed · 2021-03-18 Raised $799K (real) Modeled valuation $14M (est)$799K$14MPre-Seed2021Pre-Seed · 2021-03-18 Raised $799K (real) Modeled valuation $14M (est)$799K$14MPre-Seed2021+$799KCumulative $1.6M

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$799K · 2021
Pre-Seed extension$799K · 2021

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

Modeled valuation trajectory
$13.5M
Base estimate est.
$532K
Conservative case
$123.3M
Upside case
$4.4M
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 $13.5M · 2021-03-182021Pre-Seed · modeled $13.5M · 2021-03-182021
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
5.3 yr
Elapsed time used
5.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
5.3 yr
On record since
2021
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) 0.4× of median
This company$799K
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.3× above median
This company$799K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$13.5M
Sector median$17.7M

Raised more than 32% of sector peers (real $). Modeled value above 45% 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 #252 of 1,372.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Wnder, LTD · Pre-Seed Raised $1.0M · modeled $23.1M (est)W.E. Equity Associates, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Forest N Oak Holdings, Llc · Pre-Seed Raised $1.3M · modeled $23.1M (est)RF SLIH Ltd LIABILITY Co · Pre-Seed Raised $1.0M · modeled $23.1M (est)CiiTA, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Varfaj Ventures LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Linkage Holdings Corp. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Quantum Loop Solutions, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Stadiumred, Inc. · Pre-Seed Raised $2.0M · modeled $23.1M (est)Royalty Exchange Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)ListEngage Holdings, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Baseload Group, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)First Helium Inc. (this company) Raised $799K · modeled $13.5M (est)First Helium Inc.
CompanyStageRaised · realValue · estvs peer med.
Wnder, LTDPre-Seed$1.0M$23.1M3.72×
W.E. Equity Associates, LLCPre-Seed$1.0M$23.1M3.72×
Forest N Oak Holdings, LlcPre-Seed$1.3M$23.1M3.72×
RF SLIH Ltd LIABILITY CoPre-Seed$1.0M$23.1M3.72×
CiiTA, LLCPre-Seed$1.0M$23.1M3.72×
Varfaj Ventures LLCPre-Seed$1.0M$23.1M3.72×
Linkage Holdings Corp.Pre-Seed$1.0M$23.1M3.72×
Quantum Loop Solutions, Inc.Pre-Seed$1.0M$23.1M3.72×
Stadiumred, Inc.Pre-Seed$2.0M$23.1M3.72×
Royalty Exchange Inc.Pre-Seed$1.0M$23.1M3.72×
ListEngage Holdings, LLCPre-Seed$1.0M$23.1M3.72×
Baseload Group, Inc.Pre-Seed$1.0M$23.1M3.72×
First Helium Inc. this companyPre-Seed$799K$13.5M2.17×
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$799K2021-03-18$4.4M$13.5M90%
Pre-Seed$799K2021-03-18$4.4M$13.5M90%
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$799K2021-03-18
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$799K2021-03-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
Intelligence
Modeled next raise
$799K
Modeled next size est.range $799K$1.3M
1.0×
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
Robert Scott19 other2021-03
Jeffrey Dare2 other2021-03
Calvin R Watson2021-03
David R Safton2021-03
Edward Bereznicki2021-03
Shaun R Wyzykoski2021-03
Todd R Holmstrom2021-03
Vance Loeber2021-03
Registry & provenance

First Helium 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
1853983
SEC CIK
2016
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.

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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.

CompanySectorStageValue · estMatch
Imperial Helium Corp.OtherSeed$16.8M87%
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First Ammonia, Inc.Other EnergySeries A$15.6M79%
International Isotopes IncOtherSeries A$52.0M77%
FrostCarbon, Inc.Other EnergySeed$5.6M76%
Atom Power, Inc.Other EnergySeries D+$1.1B75%
Nanotech, Inc.OtherSeries A$56.5M75%
WattCarbon Inc.Other TechnologySeries A$47.4M75%
Frequently asked
How much funding has First Helium Inc. raised?
First Helium Inc. has raised approximately $799K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is First Helium Inc.'s estimated valuation?
Provath's modeled valuation for First Helium Inc. is approximately $13.5M (modeled range $532K–$123.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is First Helium Inc. at?
First Helium Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Mar 18.
What does First Helium Inc. do and where is it based?
First Helium Inc. operates in the Other sector, based in VANCOUVER.
Explore related

See where First Helium 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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