Diligence memo · auto-generated · as of July 2, 2026
ParcelPal Logistics Inc.
ParcelPal Logistics Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
ParcelPal Logistics Inc. operates in Business Services, based in VANCOUVER.
Sub-sector tags: mobility.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ParcelPal Logistics Inc. has raised $684K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $406K on 2023-03-14.
Most recent recorded round closed around 2024-02-21.
Valuation (modeled)modeled
Provath models ParcelPal Logistics Inc. at approximately $1.5M (range $189K–$5.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
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.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 48% of Business Services peers (2439 compared).
Modeled value ranks above 27% of those peers.
Closest niche peers: AltaClaro, Inc., LC Group, LLC, SEI - Chicago LLC, Ellie Lane Capital Llc, Blast Digital Media Corp.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.