Diligence memo · auto-generated · as of July 3, 2026

Lost Lake Games Ltd.

Lost Lake Games Ltd. looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Lost Lake Games Ltd. operates in Gaming, based in SEATTLE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Lost Lake Games Ltd. has raised $5.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.0M on 2021-12-22.

Most recent recorded round closed around 2024-10-10.

Valuation (modeled)modeled

Provath models Lost Lake Games Ltd. at approximately $402K (range $120K–$815K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.01× the median modeled value of Series A Gaming companies in 2022–2024 (22 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 34 months.

Last raise 21 mo ago; this sector typically re-raises about every 12 months.

Slightly overdue versus sector cadence.

The last round was 50.0× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 81% of Gaming peers (344 compared).

Modeled value ranks above 48% of those peers.

Closest niche peers: Community Gaming, Inc., ForeVR Games Inc., Allstar Gaming, Inc., Good Game, Inc, Lightforge Games Inc..

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.