Companies · Other

Northern Star Mining Corp

VAL D'OR · Other

Diligence memoA one-page analyst read on Northern Star Mining Corp — recommendation, valuation, rhythm, risks.
$12.8M
Total raised · real
2
Rounds
3.1×
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Fri Aug 14 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

Northern Star Mining Corp 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 1.50× 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 (150% of peer median) for its niche.
Dormant
  • Last raise 16.9 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

Northern Star Mining Corp is one of 25015 Other companies tracked from VAL D'OR. By capital raised it ranks in the upper tier (ahead of 80% 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$50M$100M$150M$200MSeed · 2009-07-23 Raised $3.1M (real) Modeled valuation $58M (est)$3.1M$58MSeed2009Series A · 2009-08-14 Raised $9.7M (real) Modeled valuation $146M (est)$9.7M$146MSeries A2009+$9.7MCumulative $13M

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$3.1M · 2009
Series A$9.7M · 2009

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: 67%.

Modeled valuation trajectory
$146.2M
Base estimate est.
$13.2M
Conservative case
$795.0M
Upside case
$43.9M
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.

Seed · modeled $57.9M · 2009-07-232009Series A · modeled $146.2M · 2009-08-142009
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
16.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
16.9 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) 6.2× above median
This company$12.8M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.7× above median
This company$9.7M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 8.3× above median
This company$146.2M
Sector median$17.7M

Raised more than 80% of sector peers (real $). Modeled value above 86% 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 #46 of 168.

This companyCohort peer
$100.0M$1.0B$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)Northern Star Mining Corp (this company) Raised $12.8M · modeled $146.2M (est)Northern Star Mining Corp
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×
Northern Star Mining Corp this companySeries A$12.8M$146.2M1.50×
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$3.1M2009-07-23$15.6M$57.9M90%
Series A$9.7M2009-08-14$43.9M$146.2M90%
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$3.1M2009-07-23
    • First recorded raise — entered as Seed.
  2. Series A$9.7M2009-08-14
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
Intelligence
2009 ~Q3
Modeled next raise · ~1mo cadence
$29.0M
Modeled next size est.range $18.8M$46.4M
3.1×
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
Richard Silas4 other2009-07
JONATHAN AWDE2 other2009-07
MICHAEL WALDKIRCH2 other2009-07
David Michel1 other2009-08
Jeffrey A. Cocks1 other2009-07
Lawrence Hoffman2009-07
Michel David2009-07
William A. Tehan2009-08
William Tehan2009-07
Registry & provenance

Northern Star Mining 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
1366457
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
Brazahav Resources, IncOtherSeries A$10.8M$23.2Mnetwork1 shared operator · same sector · same stage
Gold Standard Ventures Corp.Mining & ResourcesSeries A$14.7M$21.2Mnetwork2 shared operators · same stage
Barksdale Resources Corp.OtherSeed$4.1M$358Knetwork2 shared operators · same sector
JR Resources Corp.OtherSeries A$4.7M$57.2Mnetwork1 shared operator · same sector · same stage
Sedona Canyon, LLCOtherSeries A$13.0M$141.7Msame sector · same stage
Sterling Bluff Investments, LLCOtherSeries A$13.0M$135.3Msame sector · same stage
GDF Missouri Investors, LLCOtherSeries A$13.0M$154.6Msame sector · same stage
Pro Star Capital, LPOtherSeries A$12.5M$154.4Msame sector · same stage
Frequently asked
How much funding has Northern Star Mining Corp raised?
Northern Star Mining Corp has raised approximately $12.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Northern Star Mining Corp's estimated valuation?
Provath's modeled valuation for Northern Star Mining Corp is approximately $146.2M (modeled range $13.2M–$795.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Northern Star Mining Corp at?
Northern Star Mining Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Aug 14.
What does Northern Star Mining Corp do and where is it based?
Northern Star Mining Corp operates in the Other sector, based in VAL D'OR.
Explore related

See where Northern Star Mining 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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