Companies · Other

Nations Royalty Corp.

VANCOUVER · Other

Diligence memoA one-page analyst read on Nations Royalty Corp. — recommendation, valuation, rhythm, risks.
$258K
Total raised · real
1
Rounds
Latest step-up
Top 88%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Apr 09 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Nations Royalty Corp. looks under-valued against its niche peers and is at-risk 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.

Under-valued
  • Modeled value is 0.56× the median modeled value of Pre-Seed Other companies in 2022–2024 (1723 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.2 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Nations Royalty Corp. is one of 25008 Other companies tracked from VANCOUVER. By capital raised it ranks in the long tail (ahead of 13% of sector peers), and in the long tail 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
2
Investors (latest)
2024-04-09
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$500K$1.0M$1.5M$2.0MPre-Seed · 2024-04-09 Raised $258K (real) Modeled valuation $1.1M (est)$258K$1.1MPre-Seed2024

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$258K · 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
$1.1M
Base estimate est.
$172K
Conservative case
$4.1M
Upside case
$1.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.2 yr
On record since
2024
First round
1
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) 0.1× of median
This company$258K
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.7× of median
This company$258K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.1M
Sector median$17.7M

Raised more than 13% of sector peers (real $). Modeled value above 7% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #1327 of 1,723.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)El American Inc. · Pre-Seed Raised $1.0M · modeled $11.9M (est)AEA Hope, LLC · Pre-Seed Raised $1.0M · modeled $11.8M (est)Joy Milk Tea Inc. · Pre-Seed Raised $1.0M · modeled $11.7M (est)Manage Mindfully, Inc. · Pre-Seed Raised $1.0M · modeled $11.5M (est)ValiDateMe LLC · Pre-Seed Raised $1.0M · modeled $11.4M (est)BW-IGC, Inc. · Pre-Seed Raised $1.0M · modeled $11.3M (est)Phoenix Asset Recovery Corp · Pre-Seed Raised $1.0M · modeled $11.3M (est)Hge Fic N Llc · Pre-Seed Raised $1.0M · modeled $10.7M (est)Isegoria, Inc · Pre-Seed Raised $1.0M · modeled $10.6M (est)Brookstone VC Blaze, LLC · Pre-Seed Raised $961K · modeled $10.5M (est)Supreme Colas LLC · Pre-Seed Raised $1.0M · modeled $10.5M (est)Asian Court Holdings, Inc. · Pre-Seed Raised $897K · modeled $10.5M (est)Nations Royalty Corp. (this company) Raised $258K · modeled $1.1M (est)Nations Royalty Corp.
CompanyStageRaised · realValue · estvs peer med.
El American Inc.Pre-Seed$1.0M$11.9M5.88×
AEA Hope, LLCPre-Seed$1.0M$11.8M5.85×
Joy Milk Tea Inc.Pre-Seed$1.0M$11.7M5.77×
Manage Mindfully, Inc.Pre-Seed$1.0M$11.5M5.70×
ValiDateMe LLCPre-Seed$1.0M$11.4M5.64×
BW-IGC, Inc.Pre-Seed$1.0M$11.3M5.58×
Phoenix Asset Recovery CorpPre-Seed$1.0M$11.3M5.58×
Hge Fic N LlcPre-Seed$1.0M$10.7M5.28×
Isegoria, IncPre-Seed$1.0M$10.6M5.26×
Brookstone VC Blaze, LLCPre-Seed$961K$10.5M5.20×
Supreme Colas LLCPre-Seed$1.0M$10.5M5.18×
Asian Court Holdings, Inc.Pre-Seed$897K$10.5M5.18×
Nations Royalty Corp. this companyPre-Seed$258K$1.1M0.56×
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$258K2024-04-09$1.4M$1.1M90%
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$258K2024-04-09
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
Intelligence
Modeled next raise
$413K
Modeled next size est.range $268K$660K
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
Robert McLeod9 other2024-04
Scott Davis9 other2024-04
Andrew Hamilton3 other2024-04
Alexander Morrison1 other2024-04
Alicia Krywaniuk1 other2024-04
Allan Glowach2024-04
Derrick Pattenden2024-04
Gordon Friesen2024-04
Tony Robinson2024-04
Registry & provenance

Nations Royalty Corp. 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
2022469
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
1445146 BC Ltd.OtherPre-Seed$258K$1.1Mnetwork1 shared operator · same sector · same stage
Venerable Ventures Ltd.OtherPre-Seed$496K$1.2Mnetwork1 shared operator · same sector · same stage
Lithium X Energy Corp.OtherPre-Seed$622K$14.4Mnetwork1 shared operator · same sector · same stage
DLP Resources Inc.OtherPre-Seed$753K$2.0Mnetwork1 shared operator · same sector · same stage
Revolution Resources Corp.OtherPre-Seed$840K$4.1Mnetwork1 shared operator · same sector · same stage
Copperbank Resources Corp.OtherPre-Seed$1.1M$6.5Mnetwork1 shared operator · same sector · same stage
Straightup Resources IncOtherPre-Seed$261K$1.1Msame sector · same stage
Horse Neck Holdings, Inc.OtherPre-Seed$265K$1.1Msame 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
Royalty Management Corp / INOtherSeries A$31.8M87%
Royalty North Partners Ltd.OtherSeries A$45.2M87%
Empress Royalty Corp.OtherSeed$9.6M85%
Summit Royalty Corp.OtherSeed$9.5M85%
Royalty Exchange Inc.OtherPre-Seed$23.1M84%
RE Royalties Ltd.OtherPre-Seed$559K81%
Gold Royalty Corp.Mining & ResourcesSeries B$118.8M81%
Carbon Royalty Corp.OtherSeries B$48.9M81%
Frequently asked
How much funding has Nations Royalty Corp. raised?
Nations Royalty Corp. has raised approximately $258K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Nations Royalty Corp.'s estimated valuation?
Provath's modeled valuation for Nations Royalty Corp. is approximately $1.1M (modeled range $172K–$4.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Nations Royalty Corp. at?
Nations Royalty Corp.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Apr 09.
What does Nations Royalty Corp. do and where is it based?
Nations Royalty Corp. operates in the Other sector, based in VANCOUVER.
Explore related

See where Nations Royalty Corp. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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