Companies · Other

Pan Global Resources Inc.

VANCOUVER · Other

Diligence memoA one-page analyst read on Pan Global Resources Inc. — recommendation, valuation, rhythm, risks.
$5.3M
Total raised · real
6
Rounds
2.1×
Latest step-up
Top 34%
Sector rank · raised
Seed
Latest stage · inferred · Wed Oct 22 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Pan Global Resources Inc. looks under-valued against its niche peers and is active 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.

Under-valued
  • Modeled value is 0.17× the median modeled value of Seed Other companies in 2025–2027 (516 peers) — value vs value, same stage and era.
Active
  • Last raise 8 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Pan Global Resources Inc. is one of 25015 Other companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 67% of sector peers), and in the long tail 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(c)
Reg D exemption
1
Investors (latest)
2025-10-22
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$100MPre-Seed · 2019-12-16 Raised $457K (real) Modeled valuation $11M (est)$457K$11MPre-Seed2019Seed · 2020-07-20 Raised $3.0M (real) Modeled valuation $55M (est)$3.0M$55MSeed2020Seed · 2021-06-08 Raised $215K (real) Modeled valuation $2.8M (est)$215K$2.8MSeed2021Seed · 2023-10-31 Raised $1.1M (real) Modeled valuation $5.7M (est)$1.1M$5.7MSeed2023Seed · 2024-11-06 Raised $162K (real) Modeled valuation $598K (est)$162K$598KSeed2024Seed · 2025-10-22 Raised $341K (real) Modeled valuation $882K (est)$341K$882KSeed2025+$3.0M+$215K+$1.1M+$162K+$341KCumulative $5.3M

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
Pre-Seed$457K · 2019
Seed$3.0M · 2020
Seed extension$215K · 2021
Seed extension$1.1M · 2023
Seed extension$162K · 2024
Seed extension$341K · 2025

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$882K
Base estimate est.
$307K
Conservative case
$1.6M
Upside case
$1.7M
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.

Pre-Seed · modeled $10.6M · 2019-12-162019Seed · modeled $55.2M · 2020-07-20Seed · modeled $2.8M · 2021-06-08Seed · modeled $5.7M · 2023-10-31Seed · modeled $598K · 2024-11-06Seed · modeled $882K · 2025-10-222025
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
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$898K/yr
Capital velocity
6.5 yr
On record since
2019
First round
6
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) 2.6× above median
This company$5.3M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$341K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$882K
Sector median$17.7M

Raised more than 67% of sector peers (real $). Modeled value above 5% 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 #491 of 516.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Council Senior BTR Investors, LLC · Seed Raised $4.0M · modeled $13.9M (est)Infineo Global, LP · Seed Raised $4.0M · modeled $13.9M (est)SRE Venture 724, LLC · Seed Raised $4.0M · modeled $13.8M (est)Bernadette De Lourdes Development Llc · Seed Raised $4.0M · modeled $13.8M (est)Keep Moving Inc. · Seed Raised $6.7M · modeled $13.8M (est)KAC Holding Co LLC · Seed Raised $4.0M · modeled $13.5M (est)Oakland Ballers Baseball Club, Inc. · Seed Raised $4.0M · modeled $13.2M (est)Good Lag GGC, LLC · Seed Raised $4.0M · modeled $13.0M (est)Standby Deposits Inc. · Seed Raised $7.3M · modeled $12.8M (est)DeweyLearn, Inc. · Seed Raised $3.8M · modeled $12.7M (est)Wilds Golf Group, Llc · Seed Raised $3.8M · modeled $12.7M (est)Simple Life GP, LLC · Seed Raised $3.7M · modeled $12.5M (est)Pan Global Resources Inc. (this company) Raised $5.3M · modeled $882K (est)Pan Global Resources Inc.
CompanyStageRaised · realValue · estvs peer med.
Council Senior BTR Investors, LLCSeed$4.0M$13.9M2.70×
Infineo Global, LPSeed$4.0M$13.9M2.69×
SRE Venture 724, LLCSeed$4.0M$13.8M2.69×
Bernadette De Lourdes Development LlcSeed$4.0M$13.8M2.68×
Keep Moving Inc.Seed$6.7M$13.8M2.68×
KAC Holding Co LLCSeed$4.0M$13.5M2.62×
Oakland Ballers Baseball Club, Inc.Seed$4.0M$13.2M2.57×
Good Lag GGC, LLCSeed$4.0M$13.0M2.53×
Standby Deposits Inc.Seed$7.3M$12.8M2.49×
DeweyLearn, Inc.Seed$3.8M$12.7M2.47×
Wilds Golf Group, LlcSeed$3.8M$12.7M2.46×
Simple Life GP, LLCSeed$3.7M$12.5M2.43×
Pan Global Resources Inc. this companySeed$5.3M$882K0.17×
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.
Pre-Seed$457K2019-12-16$2.5M$10.6M90%
Seed$3.0M2020-07-20$15.1M$55.2M90%
Seed$215K2021-06-08$1.1M$2.8M90%
Seed$1.1M2023-10-31$5.3M$5.7M90%
Seed$162K2024-11-06$810K$598K90%
Seed$341K2025-10-22$1.7M$882K90%
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. Pre-Seed$457K2019-12-16
    • First recorded raise — entered as Pre-Seed.
    • 54 investors on this round.
  2. Seed$3.0M2020-07-20
    • Raised 7 mo later, in step with the ~11 mo sector norm.
    • Round 6.6× larger than the prior — scaling up.
    • 6 investors on this round.
  3. Seed$215K2021-06-08
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 14.1× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  4. Seed$1.1M2023-10-31
    • Raised again after 29 mo — slower than the ~11 mo sector norm.
    • Round 4.9× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 28 investors on this round.
  5. Seed$162K2024-11-06
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 6.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  6. Seed$341K2025-10-22
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2026 ~Q4
Modeled next raise · ~14mo cadence
$718K
Modeled next size est.range $467K$1.1M
2.1×
Last step-up
$898K/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
ROBERT BAXTER6 other2019-12
Patrick Downey5 other2019-12
Patrick Evans5 other2019-12
ROBERT PARSONS4 other2019-12
Christina Cepeliauskas3 other2019-12
BRIAN KERZNER2 other2019-12
MAX PINSKY2 other2019-12
Patrick G. Downey2 other2023-10
Tim Moody2 other2025-10
JUSTIN BYRD1 other2025-10
ANDREW G. MARSHALL2023-10
BRIAN G. KERZNER2023-10
CORINNE G. SMIT2023-10
CORRINE SMIT2025-10
JASON G. MERCIER2023-10
JASON MERCIER2025-10
JIM G. ROYALL2023-10
Jim Royall2019-12
MAX G. PINSKY2023-10
PATRICK G. EVANS2023-10
ROBERT G. PARSONS2023-10
ROGER DAVEY2025-10
TIM G. MOODY2023-10
Timothy Moody2019-12
Registry & provenance

Pan Global Resources 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
1566073
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.

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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
Global Critical Resources CorpOtherSeries A$15.2M89%
Global Water Resources, Inc.OtherSeries D+$103.7M88%
Ggl Resources Corp.OtherPre-Seed$651K86%
Geofund Global Inc.OtherPre-Seed$1.1M85%
PANOS Holdings, Inc.OtherSeries B$207.3M85%
Pangaea Holdings Inc.OtherSeries A$132.8M85%
GFG Resources Inc.OtherPre-Seed$2.1M84%
Panamera Holdings CorpOtherPre-Seed$1.3M84%
Frequently asked
How much funding has Pan Global Resources Inc. raised?
Pan Global Resources Inc. has raised approximately $5.3M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Pan Global Resources Inc.'s estimated valuation?
Provath's modeled valuation for Pan Global Resources Inc. is approximately $882K (modeled range $307K–$1.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pan Global Resources Inc. at?
Pan Global Resources Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Oct 22.
What does Pan Global Resources Inc. do and where is it based?
Pan Global Resources Inc. operates in the Other sector, based in VANCOUVER.
Explore related

See where Pan Global Resources 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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