Companies · Business Services

ParcelPal Logistics Inc.

VANCOUVER · Business Services

Diligence memoA one-page analyst read on ParcelPal Logistics Inc. — recommendation, valuation, rhythm, risks.
$684K
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 53%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Feb 21 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

ParcelPal Logistics Inc. looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the business services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.72× the median modeled value of Pre-Seed Business Services companies in 2022–2024 (151 peers) — value vs value, same stage and era.
  • Within the normal band (72% of peer median) for its niche.
At-risk
  • Last raise 2.4 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Business Services

ParcelPal Logistics Inc. is one of 2438 Business Services companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 48% 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.

mobility

As reported in public records reported — not modeled.

US
Jurisdiction
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
3
Investors (latest)
2024-02-21
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2023-03-14 Raised $406K (real) Modeled valuation $3.4M (est)$406K$3.4MPre-Seed2023Pre-Seed · 2024-02-21 Raised $278K (real) Modeled valuation $1.5M (est)$278K$1.5MPre-Seed2024+$278KCumulative $684K

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$406K · 2023
Pre-Seed extension$278K · 2024

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

Modeled valuation trajectory
$1.5M
Base estimate est.
$189K
Conservative case
$5.6M
Upside case
$1.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.4M · 2023-03-142023Pre-Seed · modeled $1.5M · 2024-02-212024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
31%
Survival probability
12% low · 56% high
1.63×/yr
Annual markup
2.21×/yr upside case
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$726K/yr
Capital velocity
3.3 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2438 companies in Business Services. 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) 0.5× of median
This company$684K
Sector median$1.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.9× of median
This company$278K
Sector median$322K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.5M
Sector median$15.1M

Raised more than 48% of sector peers (real $). Modeled value above 27% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #93 of 151.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)AltaClaro, Inc. · Pre-Seed Raised $1.0M · modeled $14.7M (est)LC Group, LLC · Pre-Seed Raised $713K · modeled $9.7M (est)SEI - Chicago LLC · Pre-Seed Raised $1.3M · modeled $8.1M (est)Ellie Lane Capital Llc · Pre-Seed Raised $800K · modeled $7.3M (est)Blast Digital Media Corp · Pre-Seed Raised $500K · modeled $7.0M (est)Clean30 LLC · Pre-Seed Raised $600K · modeled $6.9M (est)Skydeo Inc · Pre-Seed Raised $834K · modeled $6.7M (est)Aiken Farrell Kroloff Llc · Pre-Seed Raised $1.0M · modeled $6.7M (est)TeamBuilder, LLC · Pre-Seed Raised $895K · modeled $6.4M (est)Altitude International Holdings, Inc. · Pre-Seed Raised $850K · modeled $6.4M (est)Esports Exclusive, Inc. · Pre-Seed Raised $350K · modeled $5.2M (est)Topranked.Io Llc · Pre-Seed Raised $750K · modeled $5.2M (est)ParcelPal Logistics Inc. (this company) Raised $684K · modeled $1.5M (est)ParcelPal Logistics Inc.
CompanyStageRaised · realValue · estvs peer med.
AltaClaro, Inc.Pre-Seed$1.0M$14.7M7.12×
LC Group, LLCPre-Seed$713K$9.7M4.72×
SEI - Chicago LLCPre-Seed$1.3M$8.1M3.94×
Ellie Lane Capital LlcPre-Seed$800K$7.3M3.54×
Blast Digital Media CorpPre-Seed$500K$7.0M3.41×
Clean30 LLCPre-Seed$600K$6.9M3.33×
Skydeo IncPre-Seed$834K$6.7M3.25×
Aiken Farrell Kroloff LlcPre-Seed$1.0M$6.7M3.23×
TeamBuilder, LLCPre-Seed$895K$6.4M3.13×
Altitude International Holdings, Inc.Pre-Seed$850K$6.4M3.12×
Esports Exclusive, Inc.Pre-Seed$350K$5.2M2.52×
Topranked.Io LlcPre-Seed$750K$5.2M2.51×
ParcelPal Logistics Inc. this companyPre-Seed$684K$1.5M0.72×
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$406K2023-03-14$2.3M$3.4M90%
Pre-Seed$278K2024-02-21$1.5M$1.5M90%
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$406K2023-03-14
    • First recorded raise — entered as Pre-Seed.
    • 12 investors on this round.
  2. Pre-Seed$278K2024-02-21
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • Revenue band moved $5M–$25M → $1M–$5M.
    • Switched to Rule 506(b) (was Rule 504).
    • 3 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~11mo cadence
$278K
Modeled next size est.range $278K$445K
0.7×
Last step-up
$726K/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
Andrew Brown13 other2024-02
Michael Sprague2 other2024-02
Rich Wheeless1 other2023-03
Brock Vandrick2023-03
Robert Faissal2023-03
Registry & provenance

ParcelPal Logistics 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
1819074
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
Quantum Life Enterprises, LLCBusiness ServicesPre-Seed$686K$2.3Msame sector · same stage
Bowden Trucking, LLCBusiness ServicesPre-Seed$675K$1.1Msame sector · same stage
MIPTW IncBusiness ServicesPre-Seed$696K$1.8Msame sector · same stage
Advanced Health Care Partners, LLCBusiness ServicesPre-Seed$700K$1.2Msame sector · same stage
Surf Lakes Global, Inc.Business ServicesPre-Seed$700K$1.5Msame sector · same stage
Scribl, Inc.Business ServicesPre-Seed$665K$942Ksame sector · same stage
Flete, Inc.Business ServicesPre-Seed$653K$2.6Msame sector · same stage
Connective Health Strategies, LLCBusiness ServicesPre-Seed$650K$2.7Msame sector · same stage
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
WOW Logistics CoBusiness ServicesSeries A$58.8M83%
CBT Logistics Group, LLCBusiness ServicesSeed$22.8M82%
Mobility Solutions LLCMobility / LogisticsSeed$11.6M82%
RK Logistics Holdings Inc.Business ServicesSeries A$97.3M81%
Aycor Logistics Inc.Business ServicesPre-Seed$3.7M81%
Deep Sea Logistics, Inc.Business ServicesSeries C$126.5M81%
CKWhip Logistics, LLCMobility / LogisticsPre-Seed$435K81%
Tw Logistics, LlcMobility / LogisticsSeries B$445.6M80%
Frequently asked
How much funding has ParcelPal Logistics Inc. raised?
ParcelPal Logistics Inc. has raised approximately $684K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is ParcelPal Logistics Inc.'s estimated valuation?
Provath's modeled valuation for ParcelPal Logistics Inc. is approximately $1.5M (modeled range $189K–$5.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is ParcelPal Logistics Inc. at?
ParcelPal Logistics Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Feb 21.
What does ParcelPal Logistics Inc. do and where is it based?
ParcelPal Logistics Inc. operates in the Business Services sector, based in VANCOUVER.
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