Companies · Other

Flowr Corp

Toronto · Other

Diligence memoA one-page analyst read on Flowr Corp — recommendation, valuation, rhythm, risks.
$52.3M
Total raised · real
7
Rounds
28.3×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Mon Jul 19 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Flowr 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 0.24× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.9 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

Flowr Corp is one of 25008 Other companies tracked from Toronto. By capital raised it ranks among the largest (ahead of 93% 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2016
Year incorporated
2021-07-19
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$125M$250M$375M$500MSeries B · 2018-08-28 Raised $22M (real) Modeled valuation $366M (est)Series B2018Series B · 2019-04-16 Raised $749K (real) Modeled valuation $12M (est)Series B2019Series B · 2019-05-10 Raised $9.1M (real) Modeled valuation $151M (est)Series B2019Series B · 2019-07-25 Raised $1.4M (real) Modeled valuation $23M (est)Series B2019Series A · 2020-04-27 Raised $12M (real) Modeled valuation $189M (est)Series A2020Series B · 2020-04-27 Raised $13M (real) Modeled valuation $221M (est)Series B2020Series B · 2020-12-31 Raised $194K (real) Modeled valuation $2.9M (est)Series B2020Series B · 2021-07-19 Raised $5.5M (real) Modeled valuation $70M (est)Series B2021+$749K+$9.1M+$1.4M+$12M+$13M+$194K+$5.5MCumulative $65M

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 B$22.0M · 2018
Series B extension$749K · 2019
Series B extension$9.1M · 2019
Series B extension$1.4M · 2019
Bridge · Series B-stage$12.5M · 2020smaller follow-on
Series B extension$13.3M · 2020
Series B extension$194K · 2020
Series B extension$5.5M · 2021

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: 50%.

Modeled valuation trajectory
$70.5M
Base estimate est.
$13.7M
Conservative case
$221.9M
Upside case
$30.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series B · modeled $366.1M · 2018-08-282018Series B · modeled $12.4M · 2019-04-16Series B · modeled $150.9M · 2019-05-10Series B · modeled $23.4M · 2019-07-25Series A · modeled $188.8M · 2020-04-27Series B · modeled $221.0M · 2020-04-27Series B · modeled $2.9M · 2020-12-31Series B · modeled $70.5M · 2021-07-192021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
5.0 yr
Elapsed time used
5.0 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$18.1M/yr
Capital velocity
7.8 yr
On record since
2018
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) 26× above median
This company$52.3M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.3× of median
This company$5.5M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 4.0× above median
This company$70.5M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #334 of 371.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)MStar Holding Corp · Series B Raised $67.6M · modeled $645.3M (est)Chlorum Solutions Llc · Series B Raised $39.7M · modeled $626.8M (est)IFS Management Holdco, LLC · Series B Raised $37.5M · modeled $623.8M (est)Benefit Recovery Group, LLC · Series B Raised $40.0M · modeled $618.0M (est)Shenandoah Growers, Inc. · Series B Raised $74.2M · modeled $613.0M (est)Zmco Llc · Series B Raised $40.0M · modeled $610.1M (est)PathStream, Inc. · Series B Raised $38.8M · modeled $601.9M (est)MXY Holdings, LLC · Series B Raised $49.9M · modeled $597.0M (est)Ryzac, Inc. · Series B Raised $42.5M · modeled $593.9M (est)Plouton Datacenter I, Inc. · Series B Raised $35.3M · modeled $586.5M (est)Es Ei Llc · Series B Raised $35.3M · modeled $585.7M (est)Factor Law, Inc. · Series B Raised $36.3M · modeled $569.9M (est)Flowr Corp (this company) Raised $52.3M · modeled $70.5M (est)Flowr Corp
CompanyStageRaised · realValue · estvs peer med.
MStar Holding CorpSeries B$67.6M$645.3M2.16×
Chlorum Solutions LlcSeries B$39.7M$626.8M2.10×
IFS Management Holdco, LLCSeries B$37.5M$623.8M2.09×
Benefit Recovery Group, LLCSeries B$40.0M$618.0M2.07×
Shenandoah Growers, Inc.Series B$74.2M$613.0M2.05×
Zmco LlcSeries B$40.0M$610.1M2.04×
PathStream, Inc.Series B$38.8M$601.9M2.01×
MXY Holdings, LLCSeries B$49.9M$597.0M2.00×
Ryzac, Inc.Series B$42.5M$593.9M1.99×
Plouton Datacenter I, Inc.Series B$35.3M$586.5M1.96×
Es Ei LlcSeries B$35.3M$585.7M1.96×
Factor Law, Inc.Series B$36.3M$569.9M1.91×
Flowr Corp this companySeries B$52.3M$70.5M0.24×
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 B$22.0M2018-08-28$122.4M$366.1M90%
Series B$749K2019-04-16$4.2M$12.4M90%
Series B$9.1M2019-05-10$50.5M$150.9M90%
Series B$1.4M2019-07-25$7.8M$23.4M90%
Series A$12.5M2020-04-27$56.7M$188.8M90%
Series B$13.3M2020-04-27$73.9M$221.0M90%
Series B$194K2020-12-31$1.1M$2.9M90%
Series B$5.5M2021-07-19$30.5M$70.5M90%
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. Series B$22.0M2018-08-28
    • First recorded raise — entered as Series B.
    • 107 investors on this round.
  2. Series B$749K2019-04-16
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 29.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series B$9.1M2019-05-10
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 12.1× larger than the prior — scaling up.
    • 26 investors on this round.
  4. Series B$1.4M2019-07-25
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 6.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series A$12.5M2020-04-27
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 8.9× larger than the prior — scaling up.
    • 44 investors on this round.
  6. Series B$13.3M2020-04-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 49 investors on this round.
  7. Series B$194K2020-12-31
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 68.4× smaller than the prior — bridge or down round.
    • 19 investors on this round.
  8. Series B$5.5M2021-07-19
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 28.3× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2021 ~Q4
Modeled next raise · ~5mo cadence
$16.5M
Modeled next size est.range $10.7M$26.4M
28.3×
Last step-up
$18.1M/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 Miller28 other2018-08
Michael Galego4 other2020-12
Steve Klein4 other2018-08
Don Duet1 other2019-04
Karen Basian1 other2019-04
Lance Emanuel1 other2020-04
Steven Klein1 other2020-04
Alden Nix2020-12
Alex Andre De Barros Dann2019-04
Alexandre Jalleau2020-12
ALEX DANN2018-08
Ashley Andre De Barros Thomson2019-05
Ashley Thomson2020-04
Bill York2020-12
Bonnie Donovan2021-07
Darryl Brooker2021-07
David Aronowitz2020-04
DAVID RALSTON2018-08
DR. LYLE OBERG2018-08
Elmaleh Thierry2020-12
Francesco Andre De Barros Tallarico2019-04
Francesco Tallarico2020-04
Irina Hossu2020-04
Ivan Latysh2020-04
Registry & provenance

Flowr 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
1752524
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.

CompanySectorStageRaised · realValue · estWhy similar
Hero Ventures LLCOtherSeries B$55.1M$93.7Mnetwork1 shared operator · same sector · same stage
NorthStar Alarm Holdings LLCOtherSeries B$22.6M$375.3Mnetwork1 shared operator · same sector · same stage
Seacoast Service Partners, LLCOtherSeries B$53.0M$70.9Msame sector · same stage
Elevator Service Holdings, LLCOtherSeries B$45.7M$67.7Msame sector · same stage
Strike Acceptance Holdings, Inc.OtherSeries B$42.5M$68.6Msame sector · same stage
Boston Materials, Inc.Other TechnologySeries B$56.4M$196.6Mnetwork1 shared operator · same stage
Tula Health, Inc.HealthtechSeries B$57.0M$37.2Mnetwork1 shared operator · same stage
KAAZING CorpOtherSeries B$37.0M$68.1Msame 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
FlowPath Corporation, Inc.OtherSeed$15.2M89%
Flow Water Inc.OtherPre-Seed$2.7M87%
Flowell Inc.OtherPre-Seed$2.6M87%
FlowFuse Inc.OtherSeries A$26.4M87%
FlowMSP, Inc.OtherPre-Seed$4.3M86%
Flow, Inc./DEOtherSeries A$75.7M86%
Flowaste Inc.Other TechnologySeries A$29.8M85%
Flow Carbon Inc.OtherSeries B$14.2M85%
Frequently asked
How much funding has Flowr Corp raised?
Flowr Corp has raised approximately $52.3M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is Flowr Corp's estimated valuation?
Provath's modeled valuation for Flowr Corp is approximately $70.5M (modeled range $13.7M–$221.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Flowr Corp at?
Flowr Corp's latest modeled financing stage is Series B. Its most recent recorded round closed around Mon Jul 19.
What does Flowr Corp do and where is it based?
Flowr Corp operates in the Other sector, based in Toronto.
Explore related

See where Flowr Corp 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 Flowr Corp, 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.