Diligence memo · auto-generated · as of July 2, 2026
Ocean Minerals, LLC
Ocean Minerals, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Ocean Minerals, LLC operates in Mining & Resources, based in STAFFORD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ocean Minerals, LLC has raised $5.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.0M on 2018-02-20.
Most recent recorded round closed around 2018-02-20.
Valuation (modeled)modeled
Provath models Ocean Minerals, LLC at approximately $22M (range $6.5M–$119M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.06× the median modeled value of Series A Mining & Resources companies in 2016–2018 (15 peers) — value vs value, same stage and era. Within the normal band (106% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.4 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 71% of Mining & Resources peers (701 compared).
Modeled value ranks above 89% of those peers.
Closest niche peers: Orca Gold Inc., Mines.Io Inc., Pershing Gold Corp., Halo Exploration Ltd., El Capitan Precious Metals Inc.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.