Companies · Other

Immutable Holdings Inc.

VANCOUVER · Other

Diligence memoA one-page analyst read on Immutable Holdings Inc. — recommendation, valuation, rhythm, risks.
$7.7M
Total raised · real
2
Rounds
0.6×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Immutable Holdings 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.

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 0.33× the median modeled value of Series A Other companies in 2019–2021 (858 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.5 yr ago; this sector typically re-raises about every 11 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

Immutable Holdings Inc. 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
4.5 yr record
Peak capital year was 2021 with $7.7M across 2 filings.
Market position
ahead of 73% of Other peers
Capital scale is ahead of 73% of Other peers; modeled value is above 60% 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
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
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.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $7.7M across 2 filings.
  • Largest single filing was $4.9M on 2021-12-17.
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.
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

Immutable Holdings Inc. is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 73% 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
9
Investors (latest)
2017
Year incorporated
2021-12-31
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$50MSeries A · 2021-12-17 Raised $4.9M (real) Modeled valuation $48M (est)$4.9M$48MSeries A2021Series A · 2021-12-31 Raised $2.8M (real) Modeled valuation $27M (est)$2.8M$27MSeries A2021+$2.8MCumulative $7.7M

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$4.9M · 2021
Series A extension$2.8M · 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
$26.7M
Base estimate est.
$3.8M
Conservative case
$102.8M
Upside case
$12.6M
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. Directional, not a quoted figure.

Series A · modeled $48.1M · 2021-12-172021Series A · modeled $26.7M · 2021-12-312021
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
4.5 yr
On record since
2021
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 3.8× above median
This company$7.7M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.5× of median
This company$2.8M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$26.7M
Sector median$17.7M

Raised more than 73% of sector peers (real $). Modeled value above 60% 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 #780 of 858.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)3901 Campbellton Rd., LLC · Series A Raised $15.0M · modeled $227.0M (est)No More Landfills Investment Group, LLC · Series A Raised $15.0M · modeled $227.0M (est)medpai group · Series A Raised $15.0M · modeled $227.0M (est)WestCap Bolt, LLC · Series A Raised $15.0M · modeled $227.0M (est)HBC Management Class B L.P. · Series A Raised $15.0M · modeled $226.3M (est)Globus Maritime Ltd · Series A Raised $27.4M · modeled $223.2M (est)Redwood Holding Group, LLC · Series A Raised $21.1M · modeled $222.5M (est)Sol de Janeiro Holdings, Inc. · Series A Raised $14.6M · modeled $220.6M (est)Patrick Partners LLC · Series A Raised $14.5M · modeled $219.4M (est)Concord Resources Holdings Ltd · Series A Raised $14.4M · modeled $218.2M (est)Bigstream Solutions, Inc. · Series A Raised $19.8M · modeled $216.3M (est)Engageli, Inc. · Series A Raised $14.5M · modeled $215.7M (est)Immutable Holdings Inc. (this company) Raised $7.7M · modeled $26.7M (est)Immutable Holdings Inc.
CompanyStageRaised · realValue · estvs peer med.
3901 Campbellton Rd., LLCSeries A$15.0M$227.0M2.81×
No More Landfills Investment Group, LLCSeries A$15.0M$227.0M2.81×
medpai groupSeries A$15.0M$227.0M2.81×
WestCap Bolt, LLCSeries A$15.0M$227.0M2.81×
HBC Management Class B L.P.Series A$15.0M$226.3M2.80×
Globus Maritime LtdSeries A$27.4M$223.2M2.76×
Redwood Holding Group, LLCSeries A$21.1M$222.5M2.75×
Sol de Janeiro Holdings, Inc.Series A$14.6M$220.6M2.73×
Patrick Partners LLCSeries A$14.5M$219.4M2.71×
Concord Resources Holdings LtdSeries A$14.4M$218.2M2.70×
Bigstream Solutions, Inc.Series A$19.8M$216.3M2.67×
Engageli, Inc.Series A$14.5M$215.7M2.67×
Immutable Holdings Inc. this companySeries A$7.7M$26.7M0.33×
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$4.9M2021-12-17$22.4M$48.1M90%
Series A$2.8M2021-12-31$12.6M$26.7M90%
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$4.9M2021-12-17
    • First recorded raise — entered as Series A.
    • 16 investors on this round.
  2. Series A$2.8M2021-12-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 9 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~0mo cadence
$2.8M
Modeled next size est.range $2.8M$4.4M
0.6×
Last step-up
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
Jordan Fried2 other2021-12
Roger Rai2 other2021-12
Happy Walters1 other2021-12
Alberto Franco2021-12
Jeffrey Long2021-12
Kyle Armour2021-12
Melyssa Chalrton2021-12
Registry & provenance

Immutable Holdings 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
1905459
SEC CIK
2017
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
Felix Gray, Inc.OtherSeries A$7.8M$27.1Msame sector · same stage
Absolute Sign Investco LlcOtherSeries A$7.6M$27.6Msame sector · same stage
Didi & Gogo Limited PartnershipOtherSeries A$7.5M$26.1Msame sector · same stage
Kona Bicycle Company, Inc.OtherSeries A$7.5M$27.5Msame sector · same stage
Takes The Cake Limited PartnershipOtherSeries A$8.0M$25.9Msame sector · same stage
Cloud9 IDE, Inc.OtherSeries A$7.4M$27.4Msame sector · same stage
NP Clintonvilla Investors LLCOtherSeries A$7.3M$27.3Msame sector · same stage
Spiritual Gangster Holdings, Inc.OtherSeed$5.7M$47.0Mnetwork1 shared operator · same sector
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
Meili Holdings, LLCOtherSeries A$22.0M84%
IM - Winter Holdings Inc.OtherSeries A$105.9M83%
Innovated Holdings, Inc.OtherSeed$46.5M83%
Icreon Ultimate Holdings, LLCOtherSeries C$723.4M83%
New Continuum Holdings CorpOtherSeries A$15.9M82%
Peerless Holdings, Inc.OtherSeed$54.2M82%
IntelliSite Holdings, LLCOtherSeries B$230.1M82%
Moveable Feast Holdings, Inc.OtherPre-Seed$3.3M82%
Frequently asked
How much funding has Immutable Holdings Inc. raised?
Immutable Holdings Inc. has raised approximately $7.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Immutable Holdings Inc.'s estimated valuation?
Provath's modeled valuation for Immutable Holdings Inc. is approximately $26.7M (modeled range $3.8M–$102.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Immutable Holdings Inc. at?
Immutable Holdings Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Dec 31.
What does Immutable Holdings Inc. do and where is it based?
Immutable Holdings Inc. operates in the Other sector, based in VANCOUVER.
Explore related

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