Companies · Other

FPX Nickel Corp.

VANCOUVER · Other

Diligence memoA one-page analyst read on FPX Nickel Corp. — recommendation, valuation, rhythm, risks.
$4.8M
Total raised · real
7
Rounds
3.0×
Latest step-up
Top 36%
Sector rank · raised
Seed
Latest stage · inferred · Tue Oct 20 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

FPX Nickel Corp. looks fair 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.

Fair
  • Modeled value is 0.91× the median modeled value of Seed Other companies in 2019–2021 (1101 peers) — value vs value, same stage and era.
  • Within the normal band (91% of peer median) for its niche.
Dormant
  • Last raise 5.7 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

FPX Nickel Corp. is one of 25015 Other companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 65% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2020-10-20
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 · 2009-11-13 Raised $946K (real) Modeled valuation $22M (est)Pre-Seed2009Pre-Seed · 2012-07-30 Raised $435K (real) Modeled valuation $10M (est)Pre-Seed2012Pre-Seed · 2017-05-31 Raised $338K (real) Modeled valuation $7.8M (est)Pre-Seed2017Pre-Seed · 2018-03-16 Raised $254K (real) Modeled valuation $5.9M (est)Pre-Seed2018Pre-Seed · 2019-09-17 Raised $754K (real) Modeled valuation $17M (est)Pre-Seed2019Pre-Seed · 2020-03-11 Raised $500K (real) Modeled valuation $12M (est)Pre-Seed2020Seed · 2020-10-20 Raised $1.5M (real) Modeled valuation $25M (est)Seed2020+$435K+$338K+$254K+$754K+$500K+$1.5MCumulative $4.8M

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$946K · 2009
Pre-Seed extension$435K · 2012
Pre-Seed extension$338K · 2017
Pre-Seed extension$254K · 2018
Pre-Seed extension$754K · 2019
Pre-Seed extension$500K · 2020
Seed$1.5M · 2020

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

Modeled valuation trajectory
$25.3M
Base estimate est.
$1.4M
Conservative case
$182.8M
Upside case
$7.6M
Modeled post-money

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

Pre-Seed · modeled $21.9M · 2009-11-132009Pre-Seed · modeled $10.1M · 2012-07-30Pre-Seed · modeled $7.8M · 2017-05-31Pre-Seed · modeled $5.9M · 2018-03-16Pre-Seed · modeled $17.4M · 2019-09-17Pre-Seed · modeled $11.6M · 2020-03-11Seed · modeled $25.3M · 2020-10-202020
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
5.7 yr
Elapsed time used
5.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$434K/yr
Capital velocity
16.6 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 2.3× above median
This company$4.8M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.5M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.4× above median
This company$25.3M
Sector median$17.7M

Raised more than 65% of sector peers (real $). Modeled value above 59% 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 #631 of 1,101.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Esperos, Inc. · Seed Raised $4.0M · modeled $74.4M (est)AL International Holdings Inc. · Seed Raised $4.0M · modeled $74.4M (est)Clean Beam, LLC · Seed Raised $4.0M · modeled $74.4M (est)SEAM Group Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)HemTex Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)BlueStripe Inc. · Seed Raised $4.0M · modeled $74.4M (est)Yardstik, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Labyrinthe Holdings Corp · Seed Raised $4.0M · modeled $74.4M (est)INSIDE THESE CASTLE WALLS DEVELOPMENT Ltd LIABILITY Co · Seed Raised $4.0M · modeled $74.4M (est)Exotic Breeding Partnership LLC 5 · Seed Raised $4.0M · modeled $74.4M (est)Phg Oz I, Llc · Seed Raised $4.0M · modeled $73.7M (est)Betasv L.P. · Seed Raised $4.0M · modeled $73.3M (est)FPX Nickel Corp. (this company) Raised $4.8M · modeled $25.3M (est)FPX Nickel Corp.
CompanyStageRaised · realValue · estvs peer med.
Esperos, Inc.Seed$4.0M$74.4M2.67×
AL International Holdings Inc.Seed$4.0M$74.4M2.67×
Clean Beam, LLCSeed$4.0M$74.4M2.67×
SEAM Group Holdings, LLCSeed$4.0M$74.4M2.67×
HemTex Holdings, LLCSeed$4.0M$74.4M2.67×
BlueStripe Inc.Seed$4.0M$74.4M2.67×
Yardstik, Inc.Seed$4.0M$74.4M2.67×
Labyrinthe Holdings CorpSeed$4.0M$74.4M2.67×
INSIDE THESE CASTLE WALLS DEVELOPMENT Ltd LIABILITY CoSeed$4.0M$74.4M2.67×
Exotic Breeding Partnership LLC 5Seed$4.0M$74.4M2.67×
Phg Oz I, LlcSeed$4.0M$73.7M2.64×
Betasv L.P.Seed$4.0M$73.3M2.63×
FPX Nickel Corp. this companySeed$4.8M$25.3M0.91×
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$946K2009-11-13$5.3M$21.9M85%
Pre-Seed$435K2012-07-30$2.4M$10.1M85%
Pre-Seed$338K2017-05-31$1.9M$7.8M90%
Pre-Seed$254K2018-03-16$1.4M$5.9M90%
Pre-Seed$754K2019-09-17$4.2M$17.4M90%
Pre-Seed$500K2020-03-11$2.8M$11.6M90%
Seed$1.5M2020-10-20$7.6M$25.3M90%
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$946K2009-11-13
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$435K2012-07-30
    • Raised again after 33 mo — slower than the ~11 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$338K2017-05-31
    • Raised again after 58 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 3 investors on this round.
  4. Pre-Seed$254K2018-03-16
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  5. Pre-Seed$754K2019-09-17
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 1 investor on this round.
  6. Pre-Seed$500K2020-03-11
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  7. Seed$1.5M2020-10-20
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~22mo cadence
$4.6M
Modeled next size est.range $3.0M$7.3M
3.0×
Last step-up
$434K/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
J. Christopher Mitchell3 other2009-11
John A. McDonald1 other2009-11
John B. Gammon1 other2009-11
Robert A. Watts1 other2009-11
William Harry Myckatyn1 other2017-05
James S. Gilbert2012-07
James Stewart Gilbert2017-05
John Angus McDonald2017-05
John Blundell Gammon2017-05
John Christopher Mitchell2017-05
Martin Emery Turenne2017-05
Martin E. Turenne2018-03
Peter J. Marshall2018-03
Peter Martin Bradshaw2017-05
Peter M. D. Bradshaw2009-11
Robert Arthur Watts2017-05
Robert B. Pease2018-03
Ronald M. Britten2012-07
Ron M. Britten2009-11
Stuart B. Harshaw2020-10
Thomas W. Beattie2012-07
Tomas W. Beattie2009-11
William H. Myckatyn2009-11
Registry & provenance

FPX Nickel 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
1177439
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
Silver Quest Resources LtdOtherSeed$3.0M$45.1Mnetwork2 shared operators · same sector · same stage
Probe Mines LtdOtherSeed$3.6M$67.5Mnetwork1 shared operator · same sector · same stage
Big Frame, Inc.OtherSeed$4.8M$25.9Msame sector · same stage
Lexington Asset Management, LLCOtherSeed$4.7M$24.8Msame sector · same stage
Field Safe Solutions Inc.OtherSeed$4.8M$26.1Msame sector · same stage
Locality Labs, LLCOtherSeed$4.6M$25.6Msame sector · same stage
Florida Insect Control Group LLCOtherSeed$4.5M$25.6Msame sector · same stage
urban-gro, Inc.OtherSeed$4.5M$24.9Msame 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
Royal Nickel CorpOtherPre-Seed$2.5M88%
Nickels Inc.OtherSeed$34.7M87%
Fsx, LlcOtherPre-Seed$4.5M84%
Fathom Nickel Inc.OtherSeed$15.3M84%
ATX Holdings, LLCOtherSeries C$195.5M84%
FSX Holdings, LLCOther TechnologySeries B$670.0M84%
Premium Nickel Resources Ltd.OtherSeed$4.1M84%
Trackx Holdings IncOtherPre-Seed$4.4M83%
Frequently asked
How much funding has FPX Nickel Corp. raised?
FPX Nickel Corp. has raised approximately $4.8M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is FPX Nickel Corp.'s estimated valuation?
Provath's modeled valuation for FPX Nickel Corp. is approximately $25.3M (modeled range $1.4M–$182.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FPX Nickel Corp. at?
FPX Nickel Corp.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Oct 20.
What does FPX Nickel Corp. do and where is it based?
FPX Nickel Corp. operates in the Other sector, based in VANCOUVER.
Explore related

See where FPX Nickel 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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