Companies · Other

New Gold Inc. /FI

Vancouver · Other

Diligence memoA one-page analyst read on New Gold Inc. /FI — recommendation, valuation, rhythm, risks.
$9.6M
Total raised · real
2
Rounds
1.1×
Latest step-up
Top 25%
Sector rank · raised
Series A
Latest stage · inferred · Fri Sep 11 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

New Gold Inc. /FI looks fair 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.

Fair
  • Modeled value is 0.78× the median modeled value of Series A Other companies in 2007–2009 (168 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
Dormant
  • Last raise 16.8 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 Other

New Gold Inc. /FI is one of 25015 Other companies tracked from Vancouver. By capital raised it ranks in the upper tier (ahead of 76% 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$100MSeries A · 2009-06-01 Raised $4.6M (real) Modeled valuation $70M (est)$4.6M$70MSeries A2009Series A · 2009-09-11 Raised $5.0M (real) Modeled valuation $76M (est)$5.0M$76MSeries A2009+$5.0MCumulative $9.6M

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$4.6M · 2009
Series A extension$5.0M · 2009

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: 33%.

Modeled valuation trajectory
$75.8M
Base estimate est.
$6.8M
Conservative case
$412.0M
Upside case
$22.8M
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.

Series A · modeled $69.7M · 2009-06-012009Series A · modeled $75.8M · 2009-09-112009
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
16.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$34.4M/yr
Capital velocity
17.1 yr
On record since
2009
First round
2
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) 4.7× above median
This company$9.6M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.9× of median
This company$5.0M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 4.3× above median
This company$75.8M
Sector median$17.7M

Raised more than 76% of sector peers (real $). Modeled value above 80% 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 #114 of 168.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Osiris Holdings, LLC · Series A Raised $15.0M · modeled $227.0M (est)C3 Acquisition Co. LLC · Series A Raised $15.0M · modeled $227.0M (est)NARS Holding Company, Inc. · Series A Raised $14.9M · modeled $225.8M (est)LBC Western, Inc. · Series A Raised $14.5M · modeled $219.4M (est)Grid Net Inc · Series A Raised $13.8M · modeled $209.5M (est)General Resonance LLC · Series A Raised $22.5M · modeled $209.0M (est)DanceBeat Limited Partnership · Series A Raised $13.8M · modeled $205.0M (est)Informa Plc · Series A Raised $38.7M · modeled $202.9M (est)EB Sports Corp. · Series A Raised $13.2M · modeled $199.1M (est)Blue Hole Expedition LLC · Series A Raised $13.2M · modeled $199.0M (est)Rs-Anb Fund, L.P. · Series A Raised $13.0M · modeled $196.7M (est)Cyberarts Licensing Llc · Series A Raised $13.0M · modeled $196.7M (est)New Gold Inc. /FI (this company) Raised $9.6M · modeled $75.8M (est)New Gold Inc. /FI
CompanyStageRaised · realValue · estvs peer med.
Osiris Holdings, LLCSeries A$15.0M$227.0M2.32×
C3 Acquisition Co. LLCSeries A$15.0M$227.0M2.32×
NARS Holding Company, Inc.Series A$14.9M$225.8M2.31×
LBC Western, Inc.Series A$14.5M$219.4M2.25×
Grid Net IncSeries A$13.8M$209.5M2.14×
General Resonance LLCSeries A$22.5M$209.0M2.14×
DanceBeat Limited PartnershipSeries A$13.8M$205.0M2.10×
Informa PlcSeries A$38.7M$202.9M2.08×
EB Sports Corp.Series A$13.2M$199.1M2.04×
Blue Hole Expedition LLCSeries A$13.2M$199.0M2.04×
Rs-Anb Fund, L.P.Series A$13.0M$196.7M2.01×
Cyberarts Licensing LlcSeries A$13.0M$196.7M2.01×
New Gold Inc. /FI this companySeries A$9.6M$75.8M0.78×
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$4.6M2009-06-01$20.9M$69.7M90%
Series A$5.0M2009-09-11$22.8M$75.8M90%
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$4.6M2009-06-01
    • First recorded raise — entered as Series A.
  2. Series A$5.0M2009-09-11
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2009 ~Q4
Modeled next raise · ~3mo cadence
$5.4M
Modeled next size est.range $5.0M$8.7M
1.1×
Last step-up
$34.4M/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
PAUL SWEENEY8 other2009-06
Raymond Threlkeld2 other2009-06
Robert Gallagher2 other2009-06
Craig Nelsen1 other2009-06
James Currie1 other2009-06
Vahan Kololian1 other2009-06
Brian Penny2009-06
Ian Telfer2009-06
James Estey2009-06
Martyn Konig2009-06
Pierre Lassonde2009-06
Randall Oliphant2009-06
Registry & provenance

New Gold Inc. /FI 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
800166
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
Rainy River Resources Ltd.OtherSeries A$11.1M$57.8Mnetwork1 shared operator · same sector · same stage
Questar Assessment, Inc.OtherSeries A$9.6M$75.7Msame sector · same stage
PT Fitness, LLCOtherSeries A$9.7M$75.7Msame sector · same stage
Intrust Funding II, LLCOtherSeries A$9.9M$74.4Msame sector · same stage
ClostraBio, Inc.OtherSeries A$9.9M$77.8Msame sector · same stage
Barton Mines CorpOtherSeries A$9.3M$77.1Msame sector · same stage
Freehold Capital Partners, LLCOtherSeries A$10.0M$75.7Msame sector · same stage
Traffic Safety Specialists IncOtherSeries A$10.0M$75.7Msame sector · same stage
Frequently asked
How much funding has New Gold Inc. /FI raised?
New Gold Inc. /FI has raised approximately $9.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is New Gold Inc. /FI's estimated valuation?
Provath's modeled valuation for New Gold Inc. /FI is approximately $75.8M (modeled range $6.8M–$412.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is New Gold Inc. /FI at?
New Gold Inc. /FI's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Sep 11.
What does New Gold Inc. /FI do and where is it based?
New Gold Inc. /FI operates in the Other sector, based in Vancouver.
Explore related

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

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