Companies · Other

Galore Resources Inc

Vancouver · Other

Diligence memoA one-page analyst read on Galore Resources Inc — recommendation, valuation, rhythm, risks.
$2.5M
Total raised · real
9
Rounds
0.7×
Latest step-up
Top 48%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Nov 11 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Galore Resources Inc 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 0.79× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era.
  • Within the normal band (79% of peer median) for its niche.
Dormant
  • Last raise 6.6 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

Galore Resources Inc is one of 25015 Other companies tracked from Vancouver. By capital raised it ranks mid-pack (ahead of 53% of sector peers), and in the long tail 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
11
Investors (latest)
2019-11-11
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 · 2009-03-25 Raised $683K (real) Modeled valuation $16M (est)Pre-Seed2009Pre-Seed · 2009-08-24 Raised $164K (real) Modeled valuation $3.8M (est)Pre-Seed2009Pre-Seed · 2010-03-15 Raised $615K (real) Modeled valuation $14M (est)Pre-Seed2010Pre-Seed · 2011-08-05 Raised $199K (real) Modeled valuation $4.6M (est)Pre-Seed2011Pre-Seed · 2012-05-29 Raised $369K (real) Modeled valuation $8.5M (est)Pre-Seed2012Pre-Seed · 2012-05-29 Raised $369K (real) Modeled valuation $8.5M (est)Pre-Seed2012Pre-Seed · 2013-09-12 Raised $264K (real) Modeled valuation $6.1M (est)Pre-Seed2013Pre-Seed · 2014-10-08 Raised $101K (real) Modeled valuation $2.3M (est)Pre-Seed2014Pre-Seed · 2016-08-29 Raised $206K (real) Modeled valuation $4.8M (est)Pre-Seed2016Pre-Seed · 2018-10-04 Raised $323K (real) Modeled valuation $7.5M (est)Pre-Seed2018Pre-Seed · 2019-11-11 Raised $212K (real) Modeled valuation $4.9M (est)Pre-Seed2019Cumulative $3.5M

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$683K · 2009
Pre-Seed extension$164K · 2009
Pre-Seed extension$615K · 2010
Pre-Seed extension$199K · 2011
Pre-Seed extension$369K · 2012
Pre-Seed extension$369K · 2012
Pre-Seed extension$264K · 2013
Pre-Seed extension$101K · 2014
Pre-Seed extension$206K · 2016
Pre-Seed extension$323K · 2018
Pre-Seed extension$212K · 2019

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

Modeled valuation trajectory
$4.9M
Base estimate est.
$141K
Conservative case
$55.6M
Upside case
$1.2M
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 $15.8M · 2009-03-252009Pre-Seed · modeled $3.8M · 2009-08-24Pre-Seed · modeled $14.2M · 2010-03-15Pre-Seed · modeled $4.6M · 2011-08-05Pre-Seed · modeled $8.5M · 2012-05-29Pre-Seed · modeled $8.5M · 2012-05-29Pre-Seed · modeled $6.1M · 2013-09-12Pre-Seed · modeled $2.3M · 2014-10-08Pre-Seed · modeled $4.8M · 2016-08-29Pre-Seed · modeled $7.5M · 2018-10-04Pre-Seed · modeled $4.9M · 2019-11-112019
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
6.0 yr
Elapsed time used
6.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$231K/yr
Capital velocity
17.3 yr
On record since
2009
First round
11
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) 1.2× above median
This company$2.5M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.6× of median
This company$212K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$4.9M
Sector median$17.7M

Raised more than 53% of sector peers (real $). Modeled value above 25% 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 #824 of 1,372.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Valued, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)CiiTA, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Wnder, LTD · Pre-Seed Raised $1.0M · modeled $23.1M (est)Supernova Discotheque, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)TommyKnockers LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Irws Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)Old Club · Pre-Seed Raised $1.0M · modeled $23.1M (est)Finalytix Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Varfaj Ventures LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Jones Beach Adventure Excursions LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Sun Beef, Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)Royalty Exchange Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Galore Resources Inc (this company) Raised $2.5M · modeled $4.9M (est)Galore Resources Inc
CompanyStageRaised · realValue · estvs peer med.
Valued, Inc.Pre-Seed$1.0M$23.1M3.72×
CiiTA, LLCPre-Seed$1.0M$23.1M3.72×
Wnder, LTDPre-Seed$1.0M$23.1M3.72×
Supernova Discotheque, LLCPre-Seed$1.0M$23.1M3.72×
TommyKnockers LLCPre-Seed$1.0M$23.1M3.72×
Irws LlcPre-Seed$1.0M$23.1M3.72×
Old ClubPre-Seed$1.0M$23.1M3.72×
Finalytix Inc.Pre-Seed$1.0M$23.1M3.72×
Varfaj Ventures LLCPre-Seed$1.0M$23.1M3.72×
Jones Beach Adventure Excursions LLCPre-Seed$1.0M$23.1M3.72×
Sun Beef, LlcPre-Seed$1.0M$23.1M3.72×
Royalty Exchange Inc.Pre-Seed$1.0M$23.1M3.72×
Galore Resources Inc this companyPre-Seed$2.5M$4.9M0.79×
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$683K2009-03-25$3.8M$15.8M85%
Pre-Seed$164K2009-08-24$911K$3.8M85%
Pre-Seed$615K2010-03-15$3.4M$14.2M85%
Pre-Seed$199K2011-08-05$1.1M$4.6M85%
Pre-Seed$369K2012-05-29$2.0M$8.5M85%
Pre-Seed$369K2012-05-29$2.0M$8.5M85%
Pre-Seed$264K2013-09-12$1.5M$6.1M85%
Pre-Seed$101K2014-10-08$562K$2.3M85%
Pre-Seed$206K2016-08-29$1.1M$4.8M85%
Pre-Seed$323K2018-10-04$1.8M$7.5M90%
Pre-Seed$212K2019-11-11$1.2M$4.9M90%
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$683K2009-03-25
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$164K2009-08-24
    • Came back fast: 5 mo vs the ~11 mo sector norm.
    • Round 4.2× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  3. Pre-Seed$615K2010-03-15
    • Came back fast: 7 mo vs the ~11 mo sector norm.
    • Round 3.7× larger than the prior — scaling up.
    • 7 investors on this round.
  4. Pre-Seed$199K2011-08-05
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  5. Pre-Seed$369K2012-05-29
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 7 investors on this round.
  6. Pre-Seed$369K2012-05-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  7. Pre-Seed$264K2013-09-12
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 6 investors on this round.
  8. Pre-Seed$101K2014-10-08
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 2.6× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 3 investors on this round.
  9. Pre-Seed$206K2016-08-29
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 10 investors on this round.
  10. Pre-Seed$323K2018-10-04
    • Raised again after 25 mo — slower than the ~11 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 11 investors on this round.
  11. Pre-Seed$212K2019-11-11
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 11 investors on this round.
Intelligence
2020 ~Q4
Modeled next raise · ~13mo cadence
$212K
Modeled next size est.range $212K$339K
0.7×
Last step-up
$231K/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
Pamela White3 other2009-03
Michael Byrne1 other2009-03
William Bird1 other2009-03
Allan Michael Fabbro2012-05
Andrew G McMillan2018-10
Charles G. Troup2012-05
Charles Michael Troup2013-09
James Andrew McMillan2019-11
James Michael McMillan2011-08
Kenneth Michael Coe2018-10
Lorne J. Sivertson2012-05
Lorne Michael Silvertson2013-09
Lorne Michael Sivertson2014-10
Lorne Roland Sivertson2009-08
Lorne Silvertson2009-03
Lorne W. Sivertson2012-05
Michael Michael Byrne2013-09
Michael W. Byrne2012-05
Pamela Michael White2013-09
Pamela Roland White2010-03
Tex C. Enemark2009-03
Tex Michael Enemark2013-09
Tex W. Enemark2012-05
Uwe Schmidt2013-09
Registry & provenance

Galore Resources 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
1434072
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
Calico Resources Corp.OtherSeed$3.0M$5.2Mnetwork1 shared operator · same sector
Hahparking, Inc.OtherPre-Seed$2.4M$5.1Msame sector · same stage
Vital Twist Investors LLCOtherPre-Seed$2.6M$5.0Msame sector · same stage
Signature Resources Ltd.OtherPre-Seed$2.2M$4.8Msame sector · same stage
Barksdale Resources Corp.OtherSeed$4.1M$358Knetwork1 shared operator · same sector
Canter Resources Corp.OtherPre-Seed$1.5M$4.8Msame sector · same stage
Vystar CorpOtherPre-Seed$1.4M$4.7Msame sector · same stage
Look Optic, LlcOtherPre-Seed$1.4M$4.8Msame 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
GFG Resources Inc.OtherPre-Seed$2.1M83%
Galtec Holdings Inc.OtherSeed$10.9M82%
Cartier Resources IncOtherPre-Seed$1.8M81%
GoGold Resources Inc.OtherSeries B$44.3M80%
Torq Resources Inc.OtherSeed$19.7M80%
Spearmint Resources Inc.OtherPre-Seed$1.7M80%
Gensource Potash CorpOtherPre-Seed$2.1M80%
GreenSeed Investors LLCOtherSeries A$97.2M80%
Frequently asked
How much funding has Galore Resources Inc raised?
Galore Resources Inc has raised approximately $2.5M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Galore Resources Inc's estimated valuation?
Provath's modeled valuation for Galore Resources Inc is approximately $4.9M (modeled range $141K–$55.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Galore Resources Inc at?
Galore Resources Inc's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Nov 11.
What does Galore Resources Inc do and where is it based?
Galore Resources Inc operates in the Other sector, based in Vancouver.
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