Companies · Mining & Resources

Koryx Copper Inc.

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

Diligence memoA one-page analyst read on Koryx Copper Inc. — recommendation, valuation, rhythm, risks.
$1.4M
Total raised · real
3
Rounds
4.6×
Latest step-up
Top 58%
Sector rank · raised
Seed
Latest stage · inferred · Wed Nov 06 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Koryx Copper Inc. 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 0.71× the median modeled value of Seed Mining & Resources companies in 2022–2024 (63 peers) — value vs value, same stage and era.
  • Within the normal band (71% of peer median) for its niche.
Quiet
  • Last raise 20 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

Koryx Copper Inc. is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 43% 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)
2024-11-06
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2024-06-14 Raised $218K (real) Modeled valuation $564K (est)$218K$564KPre-Seed2024Pre-Seed · 2024-10-11 Raised $218K (real) Modeled valuation $522K (est)$218K$522KPre-Seed2024Seed · 2024-11-06 Raised $1.0M (real) Modeled valuation $2.5M (est)$1.0M$2.5MSeed2024+$218K+$1.0MCumulative $1.4M

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$218K · 2024
Pre-Seed extension$218K · 2024
Seed$1.0M · 2024

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

Modeled valuation trajectory
$2.5M
Base estimate est.
$859K
Conservative case
$6.2M
Upside case
$5.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $564K · 2024-06-142024Pre-Seed · modeled $522K · 2024-10-11Seed · modeled $2.5M · 2024-11-062024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
2 mo
Avg between rounds
$3.6M/yr
Capital velocity
2.0 yr
On record since
2024
First round
3
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) 0.6× of median
This company$1.4M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.0M
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$2.5M
Sector median$2.5M

Raised more than 43% of sector peers (real $). Modeled value above 52% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #41 of 63.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Medusa Mining Ltd · Seed Raised $3.8M · modeled $15.6M (est)HighGold Mining Inc. · Seed Raised $12.5M · modeled $13.2M (est)Modern Mining Technology Corp. · Seed Raised $3.3M · modeled $13.2M (est)Only Gold Development Ltd Liability Co · Seed Raised $3.5M · modeled $12.9M (est)Rex Gold Partners, LLC · Seed Raised $3.5M · modeled $12.7M (est)Cornish Metals Inc. · Seed Raised $3.2M · modeled $12.6M (est)Newport Mining LLC · Seed Raised $3.0M · modeled $11.6M (est)Quartz Lake Mining, Inc · Seed Raised $3.0M · modeled $10.0M (est)Transatlantic Gold, Corp. · Seed Raised $2.5M · modeled $9.5M (est)Military Metal Art HoldCo, LLC · Seed Raised $3.1M · modeled $8.8M (est)Snowline Gold Corp. · Seed Raised $3.1M · modeled $8.5M (est)Northern Vertex Mining Corp. · Seed Raised $2.8M · modeled $7.9M (est)Koryx Copper Inc. (this company) Raised $1.4M · modeled $2.5M (est)Koryx Copper Inc.
CompanyStageRaised · realValue · estvs peer med.
Medusa Mining LtdSeed$3.8M$15.6M4.35×
HighGold Mining Inc.Seed$12.5M$13.2M3.69×
Modern Mining Technology Corp.Seed$3.3M$13.2M3.68×
Only Gold Development Ltd Liability CoSeed$3.5M$12.9M3.59×
Rex Gold Partners, LLCSeed$3.5M$12.7M3.55×
Cornish Metals Inc.Seed$3.2M$12.6M3.51×
Newport Mining LLCSeed$3.0M$11.6M3.24×
Quartz Lake Mining, IncSeed$3.0M$10.0M2.79×
Transatlantic Gold, Corp.Seed$2.5M$9.5M2.65×
Military Metal Art HoldCo, LLCSeed$3.1M$8.8M2.45×
Snowline Gold Corp.Seed$3.1M$8.5M2.38×
Northern Vertex Mining Corp.Seed$2.8M$7.9M2.19×
Koryx Copper Inc. this companySeed$1.4M$2.5M0.71×
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$218K2024-06-14$1.2M$564K90%
Pre-Seed$218K2024-10-11$1.2M$522K90%
Seed$1.0M2024-11-06$5.0M$2.5M90%
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$218K2024-06-14
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$218K2024-10-11
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  3. Seed$1.0M2024-11-06
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 4.6× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~2mo cadence
$3.0M
Modeled next size est.range $2.0M$4.8M
4.6×
Last step-up
$3.6M/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
Alan Friedman3 other2024-10
Tim Fernback2 other2024-06
Heye Daun1 other2024-10
Alan Luis Friedman2024-11
Alfredo Luis Riviere Rodriguez2024-06
Alfredo Riviere Rodriguez2024-10
Chantelle Lauriston Collins2024-06
Charles Luis Loots2024-11
Jean-Luc Joseph Paul Roy2024-06
Leanne Luis Ratzlaff2024-11
Matthew Lauriston Starnes2024-06
Pierre Leveille2024-06
Pierre Matte2024-06
Taryn Lauriston Downing2024-06
Tony Da Silva2024-10
Trevor Luis Faber2024-11
Vivian Lauriston Stuart Williams2024-06
Registry & provenance

Koryx Copper 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
1318596
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
Lumina Gold Corp.Mining & ResourcesSeed$4.7M$3.7Mnetwork1 shared operator · same sector · same stage
Newcore Gold Ltd.Mining & ResourcesSeed$1.5M$3.6Msame sector · same stage
Shift Rare Metals Inc.Mining & ResourcesSeed$1.5M$3.7Msame sector · same stage
Next Lithium Corp.Mining & ResourcesSeed$1.4M$611Ksame sector · same stage
Lithium Africa Resources Corp.Mining & ResourcesSeed$1.5M$479Ksame sector · same stage
Gold Lion Pin Ltd Liability CoMining & ResourcesSeed$1.5M$3.3Msame sector · same stage
Namibia Critical Metals Inc.Mining & ResourcesSeed$1.5M$476Ksame sector · same stage
Kincora Copper LtdMining & ResourcesSeed$1.4M$2.6Msame 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
KO Gold Inc.Mining & ResourcesPre-Seed$774K86%
Coppernico Metals Inc.Mining & ResourcesSeed$3.5M85%
Orex Minerals IncMining & ResourcesSeed$1.6M85%
Omega Copper Corp.Mining & ResourcesPre-Seed$875K84%
Copper Giant Resources Corp.Mining & ResourcesPre-Seed$1.4M84%
Electrum Copper Corp.Mining & ResourcesPre-Seed$680K83%
Kootenay Silver Inc.Mining & ResourcesSeed$1.3M83%
Callinex Mines Inc.Mining & ResourcesSeed$263K83%
Frequently asked
How much funding has Koryx Copper Inc. raised?
Koryx Copper Inc. has raised approximately $1.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Koryx Copper Inc.'s estimated valuation?
Provath's modeled valuation for Koryx Copper Inc. is approximately $2.5M (modeled range $859K–$6.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Koryx Copper Inc. at?
Koryx Copper Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Nov 06.
What does Koryx Copper Inc. do and where is it based?
Koryx Copper Inc. operates in the Mining & Resources sector, based in VANCOUVER.
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