Companies · Mining & Resources

Key Metals Corp.

MIAMI · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Key Metals Corp. — recommendation, valuation, rhythm, risks.
$8.8M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 22%
Sector rank · raised
Series A
Latest stage · inferred · Fri Dec 20 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Key Metals Corp. looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Series A Mining & Resources companies in 2022–2024 (40 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector 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 Mining & Resources

Key Metals Corp. is one of 701 Mining & Resources companies tracked from MIAMI. By capital raised it ranks in the upper tier (ahead of 79% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
49
Investors (latest)
2020
Year incorporated
2024-12-20
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$20MSeed · 2021-08-15 Raised $1.6M (real) Modeled valuation $7.1M (est)$1.6M$7.1MSeed2021Seed · 2021-08-15 Raised $1.6M (real) Modeled valuation $7.1M (est)$1.6M$7.1MSeed2021Series A · 2022-12-31 Raised $4.2M (real) Modeled valuation $14M (est)$4.2M$14MSeries A2022Series A · 2024-12-20 Raised $3.0M (real) Modeled valuation $8.3M (est)$3.0M$8.3MSeries A2024+$1.6M+$4.2M+$3.0MCumulative $10M

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
Seed$1.6M · 2021
Seed extension$1.6M · 2021
Series A$4.2M · 2022
Series A extension$3.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$8.3M
Base estimate est.
$3.9M
Conservative case
$16.1M
Upside case
$13.6M
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 scaled by the extractive sector profile. Directional, not a quoted figure.

Seed · modeled $7.1M · 2021-08-152021Seed · modeled $7.1M · 2021-08-15Series A · modeled $14.4M · 2022-12-31Series A · modeled $8.3M · 2024-12-202024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$2.6M/yr
Capital velocity
4.9 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. 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$8.8M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$3.0M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 3.3× above median
This company$8.3M
Sector median$2.5M

Raised more than 79% of sector peers (real $). Modeled value above 77% 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 #21 of 40.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)360 Mining, Inc. · Series A Raised $12.8M · modeled $43.7M (est)Arizona Sonoran Copper Co Inc. · Series A Raised $11.1M · modeled $35.5M (est)Reunion Gold Corp · Series A Raised $19.8M · modeled $34.8M (est)American Strategic Metals Corp. · Series A Raised $11.4M · modeled $34.4M (est)MERIT Mining Ohio, LLC · Series A Raised $10.0M · modeled $33.9M (est)Northern Dynasty Minerals Ltd · Series A Raised $23.2M · modeled $31.0M (est)Monetary Metals Bond II, LLC · Series A Raised $8.5M · modeled $29.2M (est)Liberty Gold Corp. /CAN · Series A Raised $10.5M · modeled $27.1M (est)Silver Tiger Metals Inc. · Series A Raised $7.6M · modeled $25.1M (est)Filo Mining Corp. · Series A Raised $7.5M · modeled $24.2M (est)Allied Gold Corp · Series A Raised $6.9M · modeled $21.8M (est)Contango ORE, Inc. · Series A Raised $5.7M · modeled $19.3M (est)Key Metals Corp. (this company) Raised $8.8M · modeled $8.3M (est)Key Metals Corp.
CompanyStageRaised · realValue · estvs peer med.
360 Mining, Inc.Series A$12.8M$43.7M5.25×
Arizona Sonoran Copper Co Inc.Series A$11.1M$35.5M4.28×
Reunion Gold CorpSeries A$19.8M$34.8M4.19×
American Strategic Metals Corp.Series A$11.4M$34.4M4.14×
MERIT Mining Ohio, LLCSeries A$10.0M$33.9M4.08×
Northern Dynasty Minerals LtdSeries A$23.2M$31.0M3.73×
Monetary Metals Bond II, LLCSeries A$8.5M$29.2M3.52×
Liberty Gold Corp. /CANSeries A$10.5M$27.1M3.26×
Silver Tiger Metals Inc.Series A$7.6M$25.1M3.02×
Filo Mining Corp.Series A$7.5M$24.2M2.91×
Allied Gold CorpSeries A$6.9M$21.8M2.62×
Contango ORE, Inc.Series A$5.7M$19.3M2.33×
Key Metals Corp. this companySeries A$8.8M$8.3M1.00×
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.
Seed$1.6M2021-08-15$8.0M$7.1M90%
Seed$1.6M2021-08-15$8.0M$7.1M90%
Series A$4.2M2022-12-31$19.3M$14.4M90%
Series A$3.0M2024-12-20$13.6M$8.3M90%
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. Seed$1.6M2021-08-15
    • First recorded raise — entered as Seed.
    • 14 investors on this round.
  2. Seed$1.6M2021-08-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  3. Series A$4.2M2022-12-31
    • Raised again after 17 mo — slower than the ~11 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 57 investors on this round.
  4. Series A$3.0M2024-12-20
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 49 investors on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~13mo cadence
$3.0M
Modeled next size est.range $3.0M$4.8M
0.7×
Last step-up
$2.6M/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
John Ryan16 other2021-08
Howard Crosby6 other2021-08
Cesar Lopez3 other2021-08
Enrique Correa2021-08
Registry & provenance

Key Metals 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
US
Jurisdiction
1879717
SEC CIK
2020
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
Desert Hawk Gold Corp.Mining & ResourcesSeries A$18.7M$440Knetwork2 shared operators · same sector · same stage
Chakana Copper Corp.Mining & ResourcesSeries A$8.9M$1.8Msame sector · same stage
Elite Mining Inc.Mining & ResourcesSeries A$8.7M$3.7Msame sector · same stage
Magna Mining Inc.Mining & ResourcesSeries A$9.2M$12.2Msame sector · same stage
Zodiac Gold Inc.Mining & ResourcesSeries A$9.7M$10.9Msame sector · same stage
Allegiant Gold LtdMining & ResourcesSeries A$9.8M$3.3Msame sector · same stage
Freeman Gold Corp.Mining & ResourcesSeries A$7.9M$846Ksame sector · same stage
Troilus Gold Corp.Mining & ResourcesSeries A$7.9M$5.7Msame 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
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M91%
Sun Metals Corp.Mining & ResourcesPre-Seed$899K89%
Military Metals Corp.Mining & ResourcesPre-Seed$241K89%
Scientific Metals Corp.Mining & ResourcesPre-Seed$1.1M88%
European Energy Metals Corp.Mining & ResourcesPre-Seed$443K88%
Transition Metals Corp.Mining & ResourcesSeed$4.9M88%
Critical Metals Corp.Mining & ResourcesSeries B$94.3M88%
US Critical Metals Corp.Mining & ResourcesPre-Seed$3.6M88%
Frequently asked
How much funding has Key Metals Corp. raised?
Key Metals Corp. has raised approximately $8.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Key Metals Corp.'s estimated valuation?
Provath's modeled valuation for Key Metals Corp. is approximately $8.3M (modeled range $3.9M–$16.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Key Metals Corp. at?
Key Metals Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Dec 20.
What does Key Metals Corp. do and where is it based?
Key Metals Corp. operates in the Mining & Resources sector, based in MIAMI.
Explore related

See where Key Metals Corp. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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