Companies · Mining & Resources

MineralTree, Inc.

BOSTON · Mining & Resources · refined from filed group “Other Technology

Diligence memoA one-page analyst read on MineralTree, Inc. — recommendation, valuation, rhythm, risks.
$109.7M
Total raised · real
4
Rounds
1.4×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Wed Sep 23 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

MineralTree, Inc. has raised $110M over 4 rounds; too few niche peers to rank its valuation yet.

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.

Dormant
  • Last raise 5.8 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 Mining & Resources

MineralTree, Inc. is one of 701 Mining & Resources companies tracked from BOSTON. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest 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
8
Investors (latest)
2020-09-23
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$125M$250M$375M$500MSeries A · 2012-06-07 Raised $6.3M (real) Modeled valuation $28M (est)$6.3M$28MSeries A2012Series A · 2015-01-30 Raised $11M (real) Modeled valuation $49M (est)$11M$49MSeries A2015Series B · 2019-03-13 Raised $38M (real) Modeled valuation $182M (est)$38M$182MSeries B2019Series C · 2020-09-23 Raised $54M (real) Modeled valuation $269M (est)$54M$269MSeries C2020+$11M+$38M+$54MCumulative $110M

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$6.3M · 2012
Series A extension$11.1M · 2015
Series B$37.8M · 2019
Series C$54.4M · 2020

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: 60%.

Modeled valuation trajectory
$269.5M
Base estimate est.
$199.9M
Conservative case
$687.8M
Upside case
$362.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Series A · modeled $27.6M · 2012-06-072012Series A · modeled $48.7M · 2015-01-30Series B · modeled $181.5M · 2019-03-13Series C · modeled $269.5M · 2020-09-232020
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.00×/yr
Annual markup
1.15×/yr upside case
5.8 yr
Elapsed time used
5.8 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
33 mo
Avg between rounds
$13.2M/yr
Capital velocity
14.1 yr
On record since
2012
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) 48× above median
This company$109.7M
Sector median$2.3M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.3× above median
This company$54.4M
Sector median$43.4M
Modeled value — vs sector median (estimate, all stages) 106× above median
This company$269.5M
Sector median$2.5M

Raised more than 98% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Consensus Mining & Seigniorage Corp · Series C Raised $85.0M · modeled $420.7M (est)Hecla Mining Co/De/ · Series C Raised $100.0M · modeled $45.6M (est)U.S. Data Mining Group, Inc. · Series C Raised $54.7M · modeled $628K (est)MineralTree, Inc. (this company) Raised $109.7M · modeled $269.5M (est)MineralTree, Inc.
CompanyStageRaised · realValue · estvs peer med.
Consensus Mining & Seigniorage CorpSeries C$85.0M$420.7M2.67×
MineralTree, Inc. this companySeries C$109.7M$269.5M1.71×
Hecla Mining Co/De/Series C$100.0M$45.6M0.29×
U.S. Data Mining Group, Inc.Series C$54.7M$628K0.00×
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.
Series A$6.3M2012-06-07$28.7M$27.6M85%
Series A$11.1M2015-01-30$50.6M$48.7M85%
Series B$37.8M2019-03-13$210.1M$181.5M90%
Series C$54.4M2020-09-23$362.8M$269.5M90%
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. Series A$6.3M2012-06-07
    • First recorded raise — entered as Series A.
    • 4 investors on this round.
  2. Series A$11.1M2015-01-30
    • Raised again after 32 mo — slower than the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 4 investors on this round.
  3. Series B$37.8M2019-03-13
    • Raised again after 49 mo — slower than the ~11 mo sector norm.
    • Round 3.4× larger than the prior — scaling up.
    • 11 investors on this round.
  4. Series C$54.4M2020-09-23
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 8 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~33mo cadence
$78.3M
Modeled next size est.range $54.4M$125.3M
1.4×
Last step-up
$13.2M/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
Robert Anderson23 other2019-03
Greg Dracon9 other2012-06
Maria Cirino9 other2012-06
NICHOLAS CAYER3 other2019-03
Sanjay Aggarwal3 other2020-09
Shyam Kamadolli3 other2012-06
Matthew Vettel2 other2019-03
BC Krishna1 other2012-06
Carol Meyers1 other2015-01
Christopher Sands1 other2020-09
MICAH REMLEY1 other2019-03
Norm DeLuca1 other2012-06
Sandeep Singh1 other2019-03
Bill Price2015-01
Chris Sands2019-03
Raj Dugar2015-01
Ralph Dangelmaier2015-01
Vijay Ramnathan2020-09
Registry & provenance

MineralTree, 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
1552606
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
Capital Confirmation, Inc.Other TechnologySeries C$60.0M$1.9Bnetwork2 shared operators · same stage
Hecla Mining Co/De/Mining & ResourcesSeries C$100.0M$45.6Msame sector · same stage
Consensus Mining & Seigniorage CorpMining & ResourcesSeries C$85.0M$420.7Msame sector · same stage
Neotract IncOther Health CareSeries C$117.5M$293.0Mnetwork1 shared operator · same stage
Foran Mining CorpMining & ResourcesSeries C$152.1M$42.2Msame sector · same stage
i-80 Gold Corp.Mining & ResourcesSeries C$76.1M$22.7Msame sector · same stage
CloudHealth Technologies, Inc.Software / TechSeries C$78.1M$1.4Bnetwork1 shared operator · same stage
Dart Parent, LLCOtherSeries C$76.6M$1.3Bnetwork1 shared operator · 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
US Digital Mining Corp.Mining & ResourcesPre-Seed$4.7M86%
Resource Exploration, Inc.Mining & ResourcesPre-Seed$1.6M86%
IronTech Resources, LLCOther TechnologyPre-Seed$823K85%
Mines.Io Inc.Mining & ResourcesSeries A$32.2M85%
Miningio LlcOther TechnologySeries A$154.2M85%
Mineral Forecast Holdings LtdMining & ResourcesSeed$4.8M85%
Canary Mining Inc.Mining & ResourcesSeed$4.1M85%
Elite Mining Inc.Mining & ResourcesSeries A$3.7M85%
Frequently asked
How much funding has MineralTree, Inc. raised?
MineralTree, Inc. has raised approximately $109.7M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is MineralTree, Inc.'s estimated valuation?
Provath's modeled valuation for MineralTree, Inc. is approximately $269.5M (modeled range $199.9M–$687.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is MineralTree, Inc. at?
MineralTree, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Sep 23.
What does MineralTree, Inc. do and where is it based?
MineralTree, Inc. operates in the Mining & Resources sector, based in BOSTON.
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