Companies · Fintech

Humi Holdings Corp.Winter 2017Acquired

TORONTO · ON, Canada · Fintech · refined from filed group “Other Technology · founded 2017 · http://www.humi.ca

Diligence memoA one-page analyst read on Humi Holdings Corp. — recommendation, valuation, rhythm, risks.
$14.6M
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 10%
Sector rank · raised
Series A
Latest stage · inferred · Thu Nov 11 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Humi Holdings 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. Valuation uses the fintech sector profile.

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 0.50× the median modeled value of Series A Fintech companies in 2019–2021 (31 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.6 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Humi Holdings Corp. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
6.7 yr record
Peak capital year was 2019 with $10.2M across 1 filings.
Market position
ahead of 91% of Fintech peers
Capital scale is ahead of 91% of Fintech peers; modeled value is above 87% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Some evidence
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • Capital program peaked in 2019: $10.2M across 1 filings.
  • Largest single filing was $10.2M on 2019-10-10.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Fintech

Humi Holdings Corp. is one of 1063 Fintech companies tracked from TORONTO, ON, Canada, on record since 2017. By capital raised it ranks among the largest (ahead of 91% 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.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Payroll, HR, and Health Benefits for Canada's SMB's

Humi is building important infrastructure for Canada's economy. Software that helps SMBs employ Canadians. Payroll, HR, and Benefits all together in a single simple to use platform. Serving thousands of Canadian companies, Humi’s clients include innovators such as Ada, Hubdoc, LiveCA, AudioBooks.com, Inkbox, and others. www.Humi.ca

FintechPayrollhr/worktech
Find Humi Holdings Corp. online

As reported in public records reported — not modeled.

CA
Jurisdiction
Rule 506(b)
Reg D exemption
8
Investors (latest)
2016
Year incorporated
2021-11-11
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$125M$250M$375M$500MSeries A · 2019-10-10 Raised $10M (real) Modeled valuation $293M (est)$10M$293MSeries A2019Series A · 2021-11-11 Raised $4.4M (real) Modeled valuation $71M (est)$4.4M$71MSeries A2021+$4.4MCumulative $15M

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 A$10.2M · 2019
Series A extension$4.4M · 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: 33%.

Modeled valuation trajectory
$71.4M
Base estimate est.
$5.7M
Conservative case
$283.8M
Upside case
$19.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Series A · modeled $292.9M · 2019-10-102019Series A · modeled $71.4M · 2021-11-112021
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.51×/yr
Annual markup
1.90×/yr upside case
4.6 yr
Elapsed time used
4.6 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
25 mo
Avg between rounds
$7.0M/yr
Capital velocity
6.7 yr
On record since
2019
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. 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) 3.4× above median
This company$14.6M
Sector median$4.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$4.4M
Sector median$6.1M
Modeled value — vs sector median (estimate, all stages) 1.6× above median
This company$71.4M
Sector median$45.1M

Raised more than 91% of sector peers (real $). Modeled value above 87% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #30 of 31.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Tesorio, Inc. · Series A Raised $18.3M · modeled $328.0M (est)Imprint Payments, Inc. · Series A Raised $14.0M · modeled $324.3M (est)Otis Wealth, Inc. · Series A Raised $14.2M · modeled $312.1M (est)Aella Credit · Series A Raised $10.0M · modeled $286.8M (est)Oxygen, Inc. · Series A Raised $23.9M · modeled $236.4M (est)Stilt Inc. · Series A Raised $18.1M · modeled $234.5M (est)Alphaflow, Inc. · Series A Raised $21.0M · modeled $200.2M (est)Bulk MRO Industrial Supply, Inc. · Series A Raised $6.6M · modeled $188.4M (est)Lulalend · Series A Raised $6.5M · modeled $186.4M (est)Verto · Series A Raised $10.0M · modeled $171.0M (est)Kudi Inc. · Series A Raised $5.9M · modeled $168.6M (est)TeamApt · Series A Raised $5.5M · modeled $157.7M (est)Humi Holdings Corp. (this company) Raised $14.6M · modeled $71.4M (est)Humi Holdings Corp.
CompanyStageRaised · realValue · estvs peer med.
Tesorio, Inc.Series A$18.3M$328.0M2.29×
Imprint Payments, Inc.Series A$14.0M$324.3M2.26×
Otis Wealth, Inc.Series A$14.2M$312.1M2.18×
Aella CreditSeries A$10.0M$286.8M2.00×
Oxygen, Inc.Series A$23.9M$236.4M1.65×
Stilt Inc.Series A$18.1M$234.5M1.64×
Alphaflow, Inc.Series A$21.0M$200.2M1.40×
Bulk MRO Industrial Supply, Inc.Series A$6.6M$188.4M1.31×
LulalendSeries A$6.5M$186.4M1.30×
VertoSeries A$10.0M$171.0M1.19×
Kudi Inc.Series A$5.9M$168.6M1.18×
TeamAptSeries A$5.5M$157.7M1.10×
Humi Holdings Corp. this companySeries A$14.6M$71.4M0.50×
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 A$10.2M2019-10-10$46.4M$292.9M90%
Series A$4.4M2021-11-11$19.9M$71.4M90%
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 A$10.2M2019-10-10
    • First recorded raise — entered as Series A.
    • 23 investors on this round.
  2. Series A$4.4M2021-11-11
    • Raised again after 25 mo — slower than the ~12 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 8 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~25mo cadence
$4.4M
Modeled next size est.range $4.4M$7.0M
0.4×
Last step-up
$7.0M/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
Ted Maidenberg8 other2019-10
Anthony Millington2019-10
Kevin Kliman2019-10
Liam Cheung2021-11
Matthew Loszak2019-10
Simon Bourgeois2019-10
Ying Soong2019-10
Registry & provenance

Humi Holdings 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
CA
Jurisdiction
1792387
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
Honeycomb Credit Inc.FintechSeries A$14.8M$3.1Msame sector · same stage
LFG Payments, Inc.FintechSeries A$14.3M$57.2Msame sector · same stage
DSC Trading, LLCFintechSeries A$14.2M$126.9Msame sector · same stage
Hash Payments Holding, Ltd.FintechSeries A$15.0M$128.7Msame sector · same stage
Trading.TV, Inc.FintechSeries A$15.5M$6.1Msame sector · same stage
Glint Pay LtdFintechSeries A$13.6M$3.0Msame sector · same stage
DopayFintechSeries A$13.5M$72.7Msame sector · same stage
Neural Payments, Inc.FintechSeries A$13.2M$107.1Msame 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
Every
Banking + Payroll/Benefits + Bookkeeping + Tax in one place
Fintech80%
Workpay
Payroll, compliance, benefits, and Employer of Record services for…
FintechSeed$69.9M77%
BuildStream
Workforce solutions for the construction industry
Fintech76%
BenePass, Inc.
Fintech for corporate compensation
FintechSeries B$180.7M76%
Deel, Inc.
The all-in-one HR and payroll platform for global teams
FintechGrowth/Late$36.8M76%
Malibou Inc.
the first all-in-one payroll and HR software for French SMBs
HR / WorktechSeries A$23.1M76%
FinFlx
Flexible Workplace Savings plans for SMEs in MENA.
Fintech75%
Pay-i IncFintechSeed$18.0M75%
Frequently asked
How much funding has Humi Holdings Corp. raised?
Humi Holdings Corp. has raised approximately $14.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Humi Holdings Corp.'s estimated valuation?
Provath's modeled valuation for Humi Holdings Corp. is approximately $71.4M (modeled range $5.7M–$283.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Humi Holdings Corp. at?
Humi Holdings Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Nov 11.
What does Humi Holdings Corp. do and where is it based?
Humi Holdings Corp. operates in the Fintech sector, based in TORONTO, ON, Canada. Payroll, HR, and Health Benefits for Canada's SMB's
Explore related

See where Humi Holdings 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 Humi Holdings 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.