Companies · Other

Naturally Advanced Technologies Inc

VICTORIA · Other

Diligence memoA one-page analyst read on Naturally Advanced Technologies Inc — recommendation, valuation, rhythm, risks.
$9.7M
Total raised · real
8
Rounds
3.9×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Mon Jun 02 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Naturally Advanced Technologies Inc looks under-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.

Under-valued
  • Modeled value is 0.15× the median modeled value of Series A Other companies in 2013–2015 (623 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.1 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

Naturally Advanced Technologies Inc is one of 25015 Other companies tracked from VICTORIA. By capital raised it ranks in the upper tier (ahead of 76% of sector peers), and mid-pack 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$100MPre-Seed · 2009-09-21 Raised $568K (real) Modeled valuation $13M (est)Pre-Seed2009Pre-Seed · 2010-05-19 Raised $323K (real) Modeled valuation $7.5M (est)Pre-Seed2010Series A · 2011-07-08 Raised $5.1M (real) Modeled valuation $77M (est)Series A2011Series A · 2012-09-13 Raised $1.6M (real) Modeled valuation $25M (est)Series A2012Series A · 2012-10-10 Raised $439K (real) Modeled valuation $6.6M (est)Series A2012Series A · 2014-03-20 Raised $600K (real) Modeled valuation $9.1M (est)Series A2014Series A · 2014-03-20 Raised $221K (real) Modeled valuation $3.3M (est)Series A2014Series A · 2014-06-02 Raised $853K (real) Modeled valuation $13M (est)Series A2014+$323K+$5.1M+$1.6M+$439K+$600K+$221K+$853KCumulative $9.7M

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$568K · 2009
Pre-Seed extension$323K · 2010
Series A$5.1M · 2011no Seed on file
Series A extension$1.6M · 2012
Series A extension$439K · 2012
Series A extension$600K · 2014
Series A extension$221K · 2014
Series A extension$853K · 2014

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$12.9M
Base estimate est.
$1.2M
Conservative case
$70.2M
Upside case
$3.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $13.1M · 2009-09-212009Pre-Seed · modeled $7.5M · 2010-05-19Series A · modeled $77.0M · 2011-07-08Series A · modeled $24.6M · 2012-09-13Series A · modeled $6.6M · 2012-10-10Series A · modeled $9.1M · 2014-03-20Series A · modeled $3.3M · 2014-03-20Series A · modeled $12.9M · 2014-06-022014
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
12.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$2.1M/yr
Capital velocity
16.8 yr
On record since
2009
First round
8
Rounds on file
How it compares to the market

Benchmarked against 25015 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) 4.8× above median
This company$9.7M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$853K
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$12.9M
Sector median$17.7M

Raised more than 76% of sector peers (real $). Modeled value above 44% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #583 of 623.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Biloxi Baseball, LLC · Series A Raised $15.0M · modeled $227.0M (est)United Sample Inc · Series A Raised $31.2M · modeled $227.0M (est)Revolution Lighting Technologies, Inc. · Series A Raised $18.8M · modeled $227.0M (est)County Waste of Virginia, LLC · Series A Raised $15.0M · modeled $227.0M (est)Marathon Patent Group, Inc. · Series A Raised $38.4M · modeled $227.0M (est)New Gold Recovery USA, Inc. · Series A Raised $17.8M · modeled $227.0M (est)Profile Products Institutional Co-Investor Holdings, LLC · Series A Raised $15.0M · modeled $227.0M (est)Sound Seal Holdings, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Nitro Software PTY LTD · Series A Raised $15.0M · modeled $227.0M (est)Content Partners Cyber Holdco, LP · Series A Raised $15.0M · modeled $227.0M (est)CanWel Building Materials Group Ltd. · Series A Raised $15.0M · modeled $227.0M (est)ZAG America, LLC · Series A Raised $15.0M · modeled $227.0M (est)Naturally Advanced Technologies Inc (this company) Raised $9.7M · modeled $12.9M (est)Naturally Advanced Technologies Inc
CompanyStageRaised · realValue · estvs peer med.
Biloxi Baseball, LLCSeries A$15.0M$227.0M2.57×
United Sample IncSeries A$31.2M$227.0M2.57×
Revolution Lighting Technologies, Inc.Series A$18.8M$227.0M2.57×
County Waste of Virginia, LLCSeries A$15.0M$227.0M2.57×
Marathon Patent Group, Inc.Series A$38.4M$227.0M2.57×
New Gold Recovery USA, Inc.Series A$17.8M$227.0M2.57×
Profile Products Institutional Co-Investor Holdings, LLCSeries A$15.0M$227.0M2.57×
Sound Seal Holdings, Inc.Series A$15.0M$227.0M2.57×
Nitro Software PTY LTDSeries A$15.0M$227.0M2.57×
Content Partners Cyber Holdco, LPSeries A$15.0M$227.0M2.57×
CanWel Building Materials Group Ltd.Series A$15.0M$227.0M2.57×
ZAG America, LLCSeries A$15.0M$227.0M2.57×
Naturally Advanced Technologies Inc this companySeries A$9.7M$12.9M0.15×
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$568K2009-09-21$3.2M$13.1M90%
Pre-Seed$323K2010-05-19$1.8M$7.5M90%
Series A$5.1M2011-07-08$23.1M$77.0M90%
Series A$1.6M2012-09-13$7.4M$24.6M90%
Series A$439K2012-10-10$2.0M$6.6M90%
Series A$600K2014-03-20$2.7M$9.1M90%
Series A$221K2014-03-20$1.0M$3.3M90%
Series A$853K2014-06-02$3.9M$12.9M90%
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$568K2009-09-21
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$323K2010-05-19
    • Raised 8 mo later, in step with the ~11 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
  3. Series A$5.1M2011-07-08
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 15.8× larger than the prior — scaling up.
  4. Series A$1.6M2012-09-13
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 3.1× smaller than the prior — bridge or down round.
  5. Series A$439K2012-10-10
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
  6. Series A$600K2014-03-20
    • Raised again after 17 mo — slower than the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
  7. Series A$221K2014-03-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.7× smaller than the prior — bridge or down round.
  8. Series A$853K2014-06-02
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round 3.9× larger than the prior — scaling up.
Intelligence
2015 ~Q1
Modeled next raise · ~8mo cadence
$2.6M
Modeled next size est.range $1.7M$4.1M
3.9×
Last step-up
$2.1M/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
JEREMY JONES2 other2014-03
GUY PREVOST1 other2009-09
JASON FINNIS1 other2011-07
JEREMY K JONES1 other2009-09
PETER MOORE1 other2009-09
JASON DAVID FINNIS2009-09
JAY C NALBACH2012-09
JAY NALBACH2014-03
KENNETH BARKER2009-09
KENNETH DAVID BARKER2010-05
LARISA DAVID HARRISON2010-05
LARISA HARRISON2009-09
LESLEY C HAYES2014-03
MILJENKO DAVID HORVAT2010-05
MILJENKO HORVAT2009-09
PETER C MOORE2014-03
PETER DAVID MOORE2010-05
ROBERT DAVID EDMUNDS2010-05
ROBERT EDMUNDS2009-09
THEODORE SANDERS2014-03
THOMAS C ROBINSON2012-09
Registry & provenance

Naturally Advanced Technologies 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
1210294
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.

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Meridian Ocean Services, LLCOtherSeries A$6.8M$12.5Msame sector · same stage
Advanced Diamond Technologies IncOtherSeries A$14.6M$12.8Msame sector · same stage
Rind Snacks, Inc.OtherSeries A$15.6M$12.8Msame sector · same stage
Mud on the Barbee, Inc.OtherSeries A$6.0M$12.5Msame sector · same stage
Frequently asked
How much funding has Naturally Advanced Technologies Inc raised?
Naturally Advanced Technologies Inc has raised approximately $9.7M in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Naturally Advanced Technologies Inc's estimated valuation?
Provath's modeled valuation for Naturally Advanced Technologies Inc is approximately $12.9M (modeled range $1.2M–$70.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Naturally Advanced Technologies Inc at?
Naturally Advanced Technologies Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Jun 02.
What does Naturally Advanced Technologies Inc do and where is it based?
Naturally Advanced Technologies Inc operates in the Other sector, based in VICTORIA.
Explore related

See where Naturally Advanced Technologies Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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