Companies · Other

Niocan Inc.

MONTREAL · Other

Diligence memoA one-page analyst read on Niocan Inc. — recommendation, valuation, rhythm, risks.
$5.0M
Total raised · real
2
Rounds
1.7×
Latest step-up
Top 34%
Sector rank · raised
Seed
Latest stage · inferred · Tue Feb 19 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Niocan Inc. 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 1.16× the median modeled value of Seed Other companies in 2013–2015 (998 peers) — value vs value, same stage and era.
  • Within the normal band (116% of peer median) for its niche.
Dormant
  • Last raise 13.4 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

Niocan Inc. is one of 25015 Other companies tracked from MONTREAL. By capital raised it ranks mid-pack (ahead of 67% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2013-02-19
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$25M$50M$75M$100MSeed · 2011-08-29 Raised $3.0M (real) Modeled valuation $56M (est)$3.0M$56MSeed2011Seed · 2011-08-29 Raised $3.0M (real) Modeled valuation $56M (est)$3.0M$56MSeed2011Seed · 2013-02-19 Raised $1.2M (real) Modeled valuation $22M (est)$1.2M$22MSeed2013Seed · 2013-02-19 Raised $2.0M (real) Modeled valuation $38M (est)$2.0M$38MSeed2013+$3.0M+$1.2M+$2.0MCumulative $9.2M

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
Seed$3.0M · 2011
Seed extension$3.0M · 2011
Seed extension$1.2M · 2013
Seed extension$2.0M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$37.9M
Base estimate est.
$1.8M
Conservative case
$297.1M
Upside case
$10.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $55.9M · 2011-08-292011Seed · modeled $55.9M · 2011-08-29Seed · modeled $22.3M · 2013-02-19Seed · modeled $37.9M · 2013-02-192013
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
13.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$3.4M/yr
Capital velocity
14.8 yr
On record since
2011
First round
4
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) 2.5× above median
This company$5.0M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$37.9M
Sector median$17.7M

Raised more than 67% of sector peers (real $). Modeled value above 67% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #372 of 998.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Bodri Capital Management, LLC, as Trustee under that certain Declaration of Trust dated December 17, 2015 · Seed Raised $4.0M · modeled $74.4M (est)76826774, Llc · Seed Raised $4.0M · modeled $74.4M (est)76826773, Llc · Seed Raised $4.0M · modeled $74.4M (est)76826772, Llc · Seed Raised $4.0M · modeled $74.4M (est)EW Investor, LLC · Seed Raised $4.0M · modeled $74.4M (est)GTI Ohio, LLC · Seed Raised $4.0M · modeled $74.4M (est)76826775, Llc · Seed Raised $4.0M · modeled $74.4M (est)Concord Aztec TTC CY LLC · Seed Raised $4.0M · modeled $74.4M (est)Blue School Fund 2 LLC · Seed Raised $4.0M · modeled $74.4M (est)Oro Capital Corporation, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Cuba Baseball Initiative Limited Partnership · Seed Raised $4.0M · modeled $74.4M (est)Innovetive Petcare Holdings, LLC · Seed Raised $4.0M · modeled $74.4M (est)Niocan Inc. (this company) Raised $5.0M · modeled $37.9M (est)Niocan Inc.
CompanyStageRaised · realValue · estvs peer med.
Bodri Capital Management, LLC, as Trustee under that certain Declaration of Trust dated December 17, 2015Seed$4.0M$74.4M2.28×
76826774, LlcSeed$4.0M$74.4M2.28×
76826773, LlcSeed$4.0M$74.4M2.28×
76826772, LlcSeed$4.0M$74.4M2.28×
EW Investor, LLCSeed$4.0M$74.4M2.28×
GTI Ohio, LLCSeed$4.0M$74.4M2.28×
76826775, LlcSeed$4.0M$74.4M2.28×
Concord Aztec TTC CY LLCSeed$4.0M$74.4M2.28×
Blue School Fund 2 LLCSeed$4.0M$74.4M2.28×
Oro Capital Corporation, Inc.Seed$4.0M$74.4M2.28×
Cuba Baseball Initiative Limited PartnershipSeed$4.0M$74.4M2.28×
Innovetive Petcare Holdings, LLCSeed$4.0M$74.4M2.28×
Niocan Inc. this companySeed$5.0M$37.9M1.16×
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.
Seed$3.0M2011-08-29$15.0M$55.9M85%
Seed$3.0M2011-08-29$15.0M$55.9M85%
Seed$1.2M2013-02-19$6.0M$22.3M85%
Seed$2.0M2013-02-19$10.2M$37.9M90%
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. Seed$3.0M2011-08-29
    • First recorded raise — entered as Seed.
    • 8 investors on this round.
  2. Seed$3.0M2011-08-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 8 investors on this round.
  3. Seed$1.2M2013-02-19
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Seed$2.0M2013-02-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 505).
    • 3 investors on this round.
Intelligence
2013 ~Q3
Modeled next raise · ~6mo cadence
$3.5M
Modeled next size est.range $2.2M$5.5M
1.7×
Last step-up
$3.4M/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
Guy Charette2 other2013-02
Hubert Marleau2 other2011-08
Remo Mancini1 other2013-02
Terence Ortslan1 other2011-08
Bruno Dumais2013-02
Guy Arbour2013-02
Hubert Vallee2013-02
Mark Wallace2011-08
Remo J. Mancini2011-08
Registry & provenance

Niocan 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
1529714
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
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Papuan Precious Metals Corp.OtherSeed$4.9M$38.5Msame sector · same stage
Digital Consumer Solutions, Inc.OtherSeed$4.8M$38.8Msame sector · same stage
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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
Nitric Group, Inc.OtherSeries A$16.5M82%
Nithio Holdings, Inc.OtherSeed$74.4M82%
Niowave, Inc.OtherSeries A$20.8M82%
Evocalize, Inc.OtherSeries A$120.4M81%
Ninkasi Holding Company, Inc.OtherPre-Seed$23.1M81%
Nisos Holdings Inc.Other TechnologySeries A$51.8M81%
Nisolo, LLCOtherSeries A$20.8M81%
Nickels Inc.OtherSeed$34.7M81%
Frequently asked
How much funding has Niocan Inc. raised?
Niocan Inc. has raised approximately $5.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Niocan Inc.'s estimated valuation?
Provath's modeled valuation for Niocan Inc. is approximately $37.9M (modeled range $1.8M–$297.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Niocan Inc. at?
Niocan Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Feb 19.
What does Niocan Inc. do and where is it based?
Niocan Inc. operates in the Other sector, based in MONTREAL.
Explore related

See where Niocan 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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