Diligence memo · auto-generated · as of July 2, 2026
Nanotech Security Corp/Fi
Nanotech Security Corp/Fi looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Nanotech Security Corp/Fi operates in Cybersecurity, based in BURNABY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nanotech Security Corp/Fi has raised $3.4M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.1M on 2014-09-12.
Most recent recorded round closed around 2017-05-18.
Valuation (modeled)modeled
Provath models Nanotech Security Corp/Fi at approximately $12M (range $287K–$97M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.18× the median modeled value of Seed Cybersecurity companies in 2016–2018 (14 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 9.1 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 49% of Cybersecurity peers (270 compared).
Modeled value ranks above 37% of those peers.
Closest niche peers: 802 Secure, Inc., Secured Worldwide, LLC, Sift Security, Inc., Spring Rock Security Partners I-A LP, Revolutionary Security LLC.
Peoplefiled
19 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.