Companies · Mining & Resources

Quasar Mining Group, Inc.

FARMINGDALE · Mining & Resources · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Quasar Mining Group, Inc. — recommendation, valuation, rhythm, risks.
$1.4M
Total raised · real
1
Rounds
2.5×
Latest step-up
Top 58%
Sector rank · raised
Seed
Latest stage · inferred · Wed Nov 29 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Quasar Mining Group, Inc. 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. Valuation uses the extractive 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 1.17× the median modeled value of Seed Mining & Resources companies in 2016–2018 (23 peers) — value vs value, same stage and era.
  • Within the normal band (117% of peer median) for its niche.
Dormant
  • Last raise 8.6 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.
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 Mining & Resources

Quasar Mining Group, Inc. is one of 701 Mining & Resources companies tracked from FARMINGDALE. By capital raised it ranks mid-pack (ahead of 43% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
17
Investors (latest)
2017
Year incorporated
2017-11-29
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$2.5M$5.0M$7.5M$10MPre-Seed · 2017-11-29 Raised $570K (real) Modeled valuation $3.8M (est)$570K$3.8MPre-Seed2017Seed · 2017-11-29 Raised $1.4M (real) Modeled valuation $7.6M (est)$1.4M$7.6MSeed2017+$1.4MCumulative $2.0M

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$570K · 2017
Seed$1.4M · 2017

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

Modeled valuation trajectory
$7.6M
Base estimate est.
$1.2M
Conservative case
$60.0M
Upside case
$7.1M
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 scaled by the extractive sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.8M · 2017-11-292017Seed · modeled $7.6M · 2017-11-292017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.19×/yr
Annual markup
1.56×/yr upside case
6.0 yr
Elapsed time used
8.6 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.6 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. 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) 0.6× of median
This company$1.4M
Sector median$2.3M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.3× above median
This company$1.4M
Sector median$1.1M
Modeled value — vs sector median (estimate, all stages) 3.0× above median
This company$7.6M
Sector median$2.5M

Raised more than 43% of sector peers (real $). Modeled value above 75% 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 #10 of 23.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Constantine Metal Resources Ltd. · Seed Raised $3.5M · modeled $18.7M (est)Superior Gold Inc. · Seed Raised $4.1M · modeled $17.8M (est)Bare Metal Standard Inc. · Seed Raised $6.0M · modeled $16.1M (est)Kenadyr Mining (Holdings) Corp · Seed Raised $2.3M · modeled $12.3M (est)UltraConductive Copper Company, Inc. · Seed Raised $2.2M · modeled $11.6M (est)Honey Gold Processing Llc · Seed Raised $2.0M · modeled $10.7M (est)National Silver-Lead Mining Co · Seed Raised $2.4M · modeled $10.7M (est)Liquid Gold, LLC · Seed Raised $1.9M · modeled $10.2M (est)Antipa Minerals Ltd · Seed Raised $1.5M · modeled $8.1M (est)Discovery Metals Corp. · Seed Raised $1.3M · modeled $6.8M (est)Caracara Silver Inc. · Seed Raised $1.2M · modeled $6.5M (est)Quasar Mining Group, Inc. (this company) Raised $1.4M · modeled $7.6M (est)Quasar Mining Group, Inc.
CompanyStageRaised · realValue · estvs peer med.
Constantine Metal Resources Ltd.Seed$3.5M$18.7M2.87×
Superior Gold Inc.Seed$4.1M$17.8M2.73×
Bare Metal Standard Inc.Seed$6.0M$16.1M2.47×
Kenadyr Mining (Holdings) CorpSeed$2.3M$12.3M1.88×
UltraConductive Copper Company, Inc.Seed$2.2M$11.6M1.78×
Honey Gold Processing LlcSeed$2.0M$10.7M1.64×
National Silver-Lead Mining CoSeed$2.4M$10.7M1.64×
Liquid Gold, LLCSeed$1.9M$10.2M1.56×
Antipa Minerals LtdSeed$1.5M$8.1M1.24×
Quasar Mining Group, Inc. this companySeed$1.4M$7.6M1.17×
Discovery Metals Corp.Seed$1.3M$6.8M1.04×
Caracara Silver Inc.Seed$1.2M$6.5M1.00×
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$570K2017-11-29$3.2M$3.8M90%
Seed$1.4M2017-11-29$7.1M$7.6M90%
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$570K2017-11-29
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
  2. Seed$1.4M2017-11-29
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.5× larger than the prior — scaling up.
    • 17 investors on this round.
Intelligence
Modeled next raise
$3.6M
Modeled next size est.range $2.3M$5.7M
2.5×
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
NICHOLAS GUBITOSI2017-11
Paul Tyree2017-11
Registry & provenance

Quasar Mining Group, 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
1724262
SEC CIK
2017
Incorporated
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
Koryx Copper Inc.Mining & ResourcesSeed$1.4M$2.5Msame sector · same stage
Deep Gold LLCMining & ResourcesSeed$1.4M$5.8Msame sector · same stage
Newcore Gold Ltd.Mining & ResourcesSeed$1.5M$3.6Msame sector · same stage
Shift Rare Metals Inc.Mining & ResourcesSeed$1.5M$3.7Msame sector · same stage
Kincora Copper LtdMining & ResourcesSeed$1.4M$2.6Msame sector · same stage
Gold Lion Pin Ltd Liability CoMining & ResourcesSeed$1.5M$3.3Msame sector · same stage
Pacifica Silver Corp.Mining & ResourcesSeed$1.3M$2.8Msame sector · same stage
Antipa Minerals LtdMining & ResourcesSeed$1.5M$8.1Msame 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
Quasar Markets Inc.Other TechnologyPre-Seed$3.0M88%
Universe Exploration CoMining & ResourcesSeries B$133.8M83%
Quasar Flash International, LLCOther TechnologySeed$68.8M83%
US Digital Mining Corp.Mining & ResourcesPre-Seed$4.7M82%
Mine Vision Holdings, Inc.Other TechnologySeries A$43.9M82%
Mineral Forecast Holdings LtdMining & ResourcesSeed$4.8M82%
Mines.Io Inc.Mining & ResourcesSeries A$32.2M82%
MineralTree, Inc.Mining & ResourcesSeries C$269.5M81%
Frequently asked
How much funding has Quasar Mining Group, Inc. raised?
Quasar Mining Group, Inc. has raised approximately $1.4M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Quasar Mining Group, Inc.'s estimated valuation?
Provath's modeled valuation for Quasar Mining Group, Inc. is approximately $7.6M (modeled range $1.2M–$60.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Quasar Mining Group, Inc. at?
Quasar Mining Group, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Nov 29.
What does Quasar Mining Group, Inc. do and where is it based?
Quasar Mining Group, Inc. operates in the Mining & Resources sector, based in FARMINGDALE.
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