Diligence memo · auto-generated · as of July 2, 2026
Helius Blockchain Technologies, Inc.
Helius Blockchain Technologies, Inc. has raised $34M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Helius Blockchain Technologies, Inc. operates in Crypto / Web3, based in CLAYMONT.
Sub-sector tags: crypto/web3.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Helius Blockchain Technologies, Inc. has raised $34M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $22M on 2024-11-08.
Most recent recorded round closed around 2024-11-08.
Valuation (modeled)modeled
Provath models Helius Blockchain Technologies, Inc. at approximately $133M (range $45M–$222M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 9 months.
Last raise 20 mo ago; this sector typically re-raises about every 7 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: Reflet Dynamics & Smart Blockchain R&D Ltd, Argo Blockchain Plc, Provenance Blockchain Labs, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.