Diligence memo · auto-generated · as of July 2, 2026
Northern Frontier Corp.
Northern Frontier Corp. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Northern Frontier Corp. operates in Environmental Services, based in CALGARY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Northern Frontier Corp. has raised $461K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $461K on 2014-08-28.
Most recent recorded round closed around 2014-08-28.
Valuation (modeled)modeled
Provath models Northern Frontier Corp. at approximately $16M (range $282K–$176M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.09× the median modeled value of Pre-Seed Environmental Services companies in 2013–2015 (19 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 11.8 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 19% of Environmental Services peers (242 compared).
Modeled value ranks above 37% of those peers.
Closest niche peers: Safe-h2o Inc, National Waste Energy Corp., MindClick Global, Inc., Saltwater Reclamation Fund I, LLC, Bison Group LLC.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.