Diligence memo · auto-generated · as of July 2, 2026
Riverside Resources Inc
Riverside Resources Inc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Riverside Resources Inc operates in Other, based in VANCOUVER.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Riverside Resources Inc has raised $8.4M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2011-03-03.
Most recent recorded round closed around 2019-03-19.
Valuation (modeled)modeled
Provath models Riverside Resources Inc at approximately $25M (range $1.2M–$193M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.88× the median modeled value of Seed Other companies in 2019–2021 (1101 peers) — value vs value, same stage and era. Within the normal band (88% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 30 months.
Last raise 7.3 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 75% of Other peers (25015 compared).
Modeled value ranks above 59% of those peers.
Closest niche peers: Esperos, Inc., AL International Holdings Inc., Clean Beam, LLC, SEAM Group Holdings, LLC, HemTex Holdings, LLC.
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.