Companies · Other

Minera Andes Inc /Wa

SPOKANE · Other

Diligence memoA one-page analyst read on Minera Andes Inc /Wa — recommendation, valuation, rhythm, risks.
$6.3M
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 30%
Sector rank · raised
Seed
Latest stage · inferred · Wed Aug 19 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

Minera Andes Inc /Wa looks over-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.

Over-valued
  • Modeled value is 1.63× the median modeled value of Seed Other companies in 2007–2009 (281 peers) — value vs value, same stage and era.
Dormant
  • Last raise 16.9 yr ago; this sector typically re-raises about every 11 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 Other

Minera Andes Inc /Wa is one of 25008 Other companies tracked from SPOKANE. By capital raised it ranks in the upper tier (ahead of 71% 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
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$25M$50M$75M$100MSeed · 2009-08-19 Raised $3.3M (real) Modeled valuation $60M (est)$3.3M$60MSeed2009Seed · 2009-08-19 Raised $3.1M (real) Modeled valuation $57M (est)$3.1M$57MSeed2009+$3.1MCumulative $6.3M

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$3.3M · 2009
Seed extension$3.1M · 2009

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: 50%.

Modeled valuation trajectory
$60.5M
Base estimate est.
$2.9M
Conservative case
$474.6M
Upside case
$16.3M
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. Directional, not a quoted figure.

Seed · modeled $60.5M · 2009-08-192009Seed · modeled $57.5M · 2009-08-192009
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
16.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
16.9 yr
On record since
2009
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) 3.1× above median
This company$6.3M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.8× above median
This company$3.1M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 3.4× above median
This company$60.5M
Sector median$17.7M

Raised more than 71% of sector peers (real $). Modeled value above 75% 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 #35 of 281.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Secret Ridge Estates, L.L.C. · Seed Raised $4.0M · modeled $74.4M (est)EPI Holdings · Seed Raised $4.0M · modeled $74.4M (est)Northshore Beverage Co LLC · Seed Raised $4.0M · modeled $74.4M (est)Haney Transportation & Logistics, LLC · Seed Raised $4.0M · modeled $74.4M (est)Pbsj Corp /Fl/ · Seed Raised $4.0M · modeled $74.4M (est)Pluribus Entertainment LLC · Seed Raised $4.0M · modeled $74.4M (est)Claros Diagnostics Inc · Seed Raised $4.0M · modeled $74.4M (est)Daylife Inc · Seed Raised $4.0M · modeled $74.4M (est)Ecu Silver Mining Inc · Seed Raised $4.0M · modeled $74.1M (est)WeGame.com Inc · Seed Raised $3.9M · modeled $73.4M (est)Happy Days The Musical Lp · Seed Raised $7.4M · modeled $72.7M (est)Arapaho Capital Corp. · Seed Raised $3.9M · modeled $72.5M (est)Minera Andes Inc /Wa (this company) Raised $6.3M · modeled $60.5M (est)Minera Andes Inc /Wa
CompanyStageRaised · realValue · estvs peer med.
Secret Ridge Estates, L.L.C.Seed$4.0M$74.4M2.00×
EPI HoldingsSeed$4.0M$74.4M2.00×
Northshore Beverage Co LLCSeed$4.0M$74.4M2.00×
Haney Transportation & Logistics, LLCSeed$4.0M$74.4M2.00×
Pbsj Corp /Fl/Seed$4.0M$74.4M2.00×
Pluribus Entertainment LLCSeed$4.0M$74.4M2.00×
Claros Diagnostics IncSeed$4.0M$74.4M2.00×
Daylife IncSeed$4.0M$74.4M2.00×
Ecu Silver Mining IncSeed$4.0M$74.1M1.99×
WeGame.com IncSeed$3.9M$73.4M1.97×
Happy Days The Musical LpSeed$7.4M$72.7M1.96×
Arapaho Capital Corp.Seed$3.9M$72.5M1.95×
Minera Andes Inc /Wa this companySeed$6.3M$60.5M1.63×
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$3.3M2009-08-19$16.3M$60.5M90%
Seed$3.1M2009-08-19$15.5M$57.5M90%
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. Seed$3.3M2009-08-19
    • First recorded raise — entered as Seed.
  2. Seed$3.1M2009-08-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
Modeled next raise
$3.1M
Modeled next size est.range $3.1M$4.9M
1.0×
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
Allen V. Ambrose5 other2009-08
ALLAN J MARTER2 other2009-08
BRIAN GAVIN2 other2009-08
JAMES K DUFF2 other2009-08
Richard W. Brissenden1 other2009-08
Don I. Quick2009-08
Don Quick2009-08
Henry J. John2009-08
Henry John2009-08
Michael I. Stein2009-08
Rob McEwen2009-08
Victor I. Lazarovici2009-08
Victor Lazarovici2009-08
Registry & provenance

Minera Andes Inc /Wa 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
1030219
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
Alabama Graphite Corp.OtherSeed$4.0M$37.2Mnetwork1 shared operator · same sector · same stage
Its For Love Ltd Liability CoOtherSeed$6.4M$62.7Msame sector · same stage
Joiya, Inc.OtherSeed$6.3M$61.0Msame sector · same stage
UGen World Inc.OtherSeed$6.3M$61.3Msame sector · same stage
Chinatown Duplex Ltd Liability CoOtherSeed$6.4M$59.5Msame sector · same stage
It's All Relative, Ltd Liability CoOtherSeed$6.4M$59.5Msame sector · same stage
River Broadway Ltd ParntershipOtherSeed$6.4M$59.5Msame sector · same stage
Caprock Partners Fund I, L.P.OtherSeed$6.2M$63.2Msame sector · same stage
Frequently asked
How much funding has Minera Andes Inc /Wa raised?
Minera Andes Inc /Wa has raised approximately $6.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Minera Andes Inc /Wa's estimated valuation?
Provath's modeled valuation for Minera Andes Inc /Wa is approximately $60.5M (modeled range $2.9M–$474.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Minera Andes Inc /Wa at?
Minera Andes Inc /Wa's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Aug 19.
What does Minera Andes Inc /Wa do and where is it based?
Minera Andes Inc /Wa operates in the Other sector, based in SPOKANE.
Explore related

See where Minera Andes Inc /Wa sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Minera Andes Inc /Wa, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.