Companies · Retailing

Hyperlite Mountain Gear Inc.

BIDDEFORD · Retailing

Diligence memoA one-page analyst read on Hyperlite Mountain Gear Inc. — recommendation, valuation, rhythm, risks.
$10.2M
Total raised · real
6
Rounds
0.2×
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Mon May 23 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Hyperlite Mountain Gear Inc. 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 retail 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 0.22× the median modeled value of Series A Retailing companies in 2022–2024 (100 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.1 yr ago; this sector typically re-raises about every 13 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 Retailing

Hyperlite Mountain Gear Inc. is one of 2347 Retailing companies tracked from BIDDEFORD. By capital raised it ranks in the upper tier (ahead of 81% 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2022-05-23
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 · 2010-10-31 Raised $120K (real) Modeled valuation $941K (est)Pre-Seed2010Pre-Seed · 2014-07-14 Raised $909K (real) Modeled valuation $7.1M (est)Pre-Seed2014Seed · 2015-11-09 Raised $1.1M (real) Modeled valuation $7.2M (est)Seed2015Seed · 2018-01-08 Raised $1.1M (real) Modeled valuation $6.8M (est)Seed2018Seed · 2019-01-11 Raised $1.5M (real) Modeled valuation $9.3M (est)Seed2019Series A · 2021-03-05 Raised $5.6M (real) Modeled valuation $26M (est)Series A2021Series A · 2022-05-23 Raised $1000K (real) Modeled valuation $4.0M (est)Series A2022+$909K+$1.1M+$1.1M+$1.5M+$5.6M+$1000KCumulative $11M

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$120K · 2010
Pre-Seed extension$909K · 2014
Seed$1.1M · 2015
Seed extension$1.1M · 2018
Seed extension$1.5M · 2019
Series A$5.6M · 2021
Series A extension$1000K · 2022

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

Modeled valuation trajectory
$4.0M
Base estimate est.
$1.2M
Conservative case
$13.9M
Upside case
$4.5M
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 retail sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $941K · 2010-10-312010Pre-Seed · modeled $7.1M · 2014-07-14Seed · modeled $7.2M · 2015-11-09Seed · modeled $6.8M · 2018-01-08Seed · modeled $9.3M · 2019-01-11Series A · modeled $26.2M · 2021-03-05Series A · modeled $4.0M · 2022-05-232022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
50%
Survival probability
27% low · 68% high
1.15×/yr
Annual markup
1.45×/yr upside case
4.1 yr
Elapsed time used
4.1 yr actual, capped for stale marks
retail
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$886K/yr
Capital velocity
15.7 yr
On record since
2010
First round
7
Rounds on file
How it compares to the market

Benchmarked against 2347 companies in Retailing. 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) 6.5× above median
This company$10.2M
Sector median$1.6M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$1000K
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$4.0M
Sector median$5.8M

Raised more than 81% of sector peers (real $). Modeled value above 43% 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 #93 of 100.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Olivela Inc. · Series A Raised $28.8M · modeled $61.0M (est)PSP Investors, LLC · Series A Raised $15.4M · modeled $53.3M (est)Coreleap, Inc. · Series A Raised $16.7M · modeled $51.9M (est)Cariloha, Inc. · Series A Raised $22.5M · modeled $51.2M (est)Elevation Cannabis, LLC · Series A Raised $15.0M · modeled $47.6M (est)Botany Bay Wax Co LLC · Series A Raised $13.3M · modeled $45.8M (est)Full Glass Wine Co., LLC · Series A Raised $14.2M · modeled $44.2M (est)Kafene, Inc. · Series A Raised $42.1M · modeled $43.2M (est)Skinny Butcher LLC · Series A Raised $10.0M · modeled $41.6M (est)G2G Ventures, PBC · Series A Raised $13.4M · modeled $38.5M (est)YCP Car Wash Portfolio LLC · Series A Raised $12.6M · modeled $37.9M (est)Elevation Bridge, LLC · Series A Raised $12.0M · modeled $35.9M (est)Hyperlite Mountain Gear Inc. (this company) Raised $10.2M · modeled $4.0M (est)Hyperlite Mountain Gear Inc.
CompanyStageRaised · realValue · estvs peer med.
Olivela Inc.Series A$28.8M$61.0M3.35×
PSP Investors, LLCSeries A$15.4M$53.3M2.93×
Coreleap, Inc.Series A$16.7M$51.9M2.85×
Cariloha, Inc.Series A$22.5M$51.2M2.81×
Elevation Cannabis, LLCSeries A$15.0M$47.6M2.61×
Botany Bay Wax Co LLCSeries A$13.3M$45.8M2.52×
Full Glass Wine Co., LLCSeries A$14.2M$44.2M2.43×
Kafene, Inc.Series A$42.1M$43.2M2.37×
Skinny Butcher LLCSeries A$10.0M$41.6M2.29×
G2G Ventures, PBCSeries A$13.4M$38.5M2.12×
YCP Car Wash Portfolio LLCSeries A$12.6M$37.9M2.08×
Elevation Bridge, LLCSeries A$12.0M$35.9M1.97×
Hyperlite Mountain Gear Inc. this companySeries A$10.2M$4.0M0.22×
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$120K2010-10-31$667K$941K85%
Pre-Seed$909K2014-07-14$5.0M$7.1M85%
Seed$1.1M2015-11-09$5.7M$7.2M85%
Seed$1.1M2018-01-08$5.3M$6.8M90%
Seed$1.5M2019-01-11$7.4M$9.3M90%
Series A$5.6M2021-03-05$25.5M$26.2M90%
Series A$1000K2022-05-23$4.5M$4.0M90%
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$120K2010-10-31
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$909K2014-07-14
    • Raised again after 44 mo — slower than the ~13 mo sector norm.
    • Round 7.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 10 investors on this round.
  3. Seed$1.1M2015-11-09
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 17 investors on this round.
  4. Seed$1.1M2018-01-08
    • Raised again after 26 mo — slower than the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  5. Seed$1.5M2019-01-11
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 14 investors on this round.
  6. Series A$5.6M2021-03-05
    • Raised again after 26 mo — slower than the ~13 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 15 investors on this round.
  7. Series A$1000K2022-05-23
    • Raised 15 mo later, in step with the ~13 mo sector norm.
    • Round 5.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~23mo cadence
$1000K
Modeled next size est.range $1000K$1.6M
0.2×
Last step-up
$886K/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
Dale L Cheney2021-03
Daniel St. Pierre2018-01
Kurt Dalton2018-01
Maile Buker2018-01
Michael St. Pierre2010-10
Paul Gagner2018-01
William L Manzer2021-03
Registry & provenance

Hyperlite Mountain Gear 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
1505249
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
Shinesty, Inc.RetailingSeries A$9.9M$3.1Msame sector · same stage
Espresso Bookstore & Cafe Holdings LLCRetailingSeries A$10.7M$3.1Msame sector · same stage
Enviro-Log Holding Co LLCRetailingSeries A$9.2M$4.0Msame sector · same stage
Rarebird, Inc.RetailingSeries A$9.0M$2.9Msame sector · same stage
Brixco, Inc.RetailingSeries A$12.7M$5.2Msame sector · same stage
KeyView Labs, Inc.RetailingSeries A$12.9M$2.6Msame sector · same stage
Seedling Holdings, Inc.RetailingSeries A$13.0M$3.9Msame sector · same stage
Blue Stripe, LLCRetailingSeries A$7.0M$3.1Msame 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
Mountaineer Ultimate Holdings, LLCRetailingSeries D+$1.2B82%
Hero Gear Inc.RetailingPre-Seed$2.3M81%
Brutal Buddha Gear, Inc.RetailingPre-Seed$496K80%
Radmor, Inc.RetailingSeed$8.8M80%
Gear Up Sports, Inc.RetailingSeries A$37.4M79%
Brightstone Diamonds, Inc.RetailingSeed$3.9M79%
Highfive Brands, Inc.RetailingSeed$7.9M79%
Stone Glacier, Inc.RetailingPre-Seed$1.9M79%
Frequently asked
How much funding has Hyperlite Mountain Gear Inc. raised?
Hyperlite Mountain Gear Inc. has raised approximately $10.2M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Hyperlite Mountain Gear Inc.'s estimated valuation?
Provath's modeled valuation for Hyperlite Mountain Gear Inc. is approximately $4.0M (modeled range $1.2M–$13.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hyperlite Mountain Gear Inc. at?
Hyperlite Mountain Gear Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Mon May 23.
What does Hyperlite Mountain Gear Inc. do and where is it based?
Hyperlite Mountain Gear Inc. operates in the Retailing sector, based in BIDDEFORD.
Explore related

See where Hyperlite Mountain Gear Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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