Companies · Other

Route1 Inc.

TORONTO · Other

Diligence memoA one-page analyst read on Route1 Inc. — recommendation, valuation, rhythm, risks.
$1.6M
Total raised · real
3
Rounds
0.2×
Latest step-up
Top 56%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Dec 16 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Route1 Inc. looks under-valued 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.

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 0.32× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.5 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

Route1 Inc. is one of 25015 Other companies tracked from TORONTO. By capital raised it ranks mid-pack (ahead of 45% 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(b)
Reg D exemption
4
Investors (latest)
2020-12-16
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$13M$25M$38M$50MPre-Seed · 2018-03-22 Raised $968K (real) Modeled valuation $22M (est)$968K$22MPre-Seed2018Pre-Seed · 2019-06-28 Raised $513K (real) Modeled valuation $12M (est)$513K$12MPre-Seed2019Pre-Seed · 2020-12-16 Raised $106K (real) Modeled valuation $2.0M (est)$106K$2.0MPre-Seed2020+$513K+$106KCumulative $1.6M

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$968K · 2018
Pre-Seed extension$513K · 2019
Pre-Seed extension$106K · 2020

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

Modeled valuation trajectory
$2.0M
Base estimate est.
$71K
Conservative case
$19.8M
Upside case
$590K
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. Directional, not a quoted figure.

Pre-Seed · modeled $22.4M · 2018-03-222018Pre-Seed · modeled $11.9M · 2019-06-28Pre-Seed · modeled $2.0M · 2020-12-162020
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
5.5 yr
Elapsed time used
5.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$580K/yr
Capital velocity
8.3 yr
On record since
2018
First round
3
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) 0.8× of median
This company$1.6M
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$106K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$2.0M
Sector median$17.7M

Raised more than 45% of sector peers (real $). Modeled value above 11% 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 #1279 of 1,372.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Valued, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)CiiTA, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Wnder, LTD · Pre-Seed Raised $1.0M · modeled $23.1M (est)Supernova Discotheque, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)TommyKnockers LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Irws Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)Old Club · Pre-Seed Raised $1.0M · modeled $23.1M (est)Finalytix Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Varfaj Ventures LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Jones Beach Adventure Excursions LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Sun Beef, Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)Royalty Exchange Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Route1 Inc. (this company) Raised $1.6M · modeled $2.0M (est)Route1 Inc.
CompanyStageRaised · realValue · estvs peer med.
Valued, Inc.Pre-Seed$1.0M$23.1M3.72×
CiiTA, LLCPre-Seed$1.0M$23.1M3.72×
Wnder, LTDPre-Seed$1.0M$23.1M3.72×
Supernova Discotheque, LLCPre-Seed$1.0M$23.1M3.72×
TommyKnockers LLCPre-Seed$1.0M$23.1M3.72×
Irws LlcPre-Seed$1.0M$23.1M3.72×
Old ClubPre-Seed$1.0M$23.1M3.72×
Finalytix Inc.Pre-Seed$1.0M$23.1M3.72×
Varfaj Ventures LLCPre-Seed$1.0M$23.1M3.72×
Jones Beach Adventure Excursions LLCPre-Seed$1.0M$23.1M3.72×
Sun Beef, LlcPre-Seed$1.0M$23.1M3.72×
Royalty Exchange Inc.Pre-Seed$1.0M$23.1M3.72×
Route1 Inc. this companyPre-Seed$1.6M$2.0M0.32×
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$968K2018-03-22$5.4M$22.4M90%
Pre-Seed$513K2019-06-28$2.9M$11.9M90%
Pre-Seed$106K2020-12-16$590K$2.0M90%
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$968K2018-03-22
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$513K2019-06-28
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Pre-Seed$106K2020-12-16
    • Raised again after 18 mo — slower than the ~11 mo sector norm.
    • Round 4.8× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~16mo cadence
$106K
Modeled next size est.range $106K$170K
0.2×
Last step-up
$580K/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
Michael Harris9 other2018-03
DAVID FRASER3 other2018-03
John Marino1 other2018-03
Michael D. Harris1 other2020-12
Michael Doolan1 other2018-03
Brian D. Brunetti2018-03
David P. Fraser2020-12
Edward M. Reeder, Jr.2020-12
Edward Reeder, Jr.2019-06
John D. Marino2020-12
Louis De Jong2018-03
Mark Boensel2018-03
Michael P. Doolan2020-12
Peter Chodos2018-03
Peter F. Chodos2020-12
Tony Busseri2018-03
Tony P. Busseri2020-12
Yamian D. Quintero2020-12
Registry & provenance

Route1 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
1736289
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
Envirogreen Materials Corp.OtherPre-Seed$690K$15.9Mnetwork1 shared operator · same sector · same stage
Rally RVA, LLCOtherPre-Seed$1.6M$2.0Msame sector · same stage
Porte Hall, Inc.OtherPre-Seed$1.5M$2.0Msame sector · same stage
Cellaria, Inc.OtherPre-Seed$1.6M$1.8Msame sector · same stage
Abstrakt Corp.OtherPre-Seed$1.5M$1.9Msame sector · same stage
5s MLP, LLCOtherPre-Seed$1.5M$1.9Msame sector · same stage
GTO Produce, LLCOtherPre-Seed$1.5M$1.8Msame sector · same stage
Northern Shield Resources Inc.OtherPre-Seed$1.4M$2.1Msame 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
United Routes LLCOtherPre-Seed$3.7M84%
Route Reports Inc.Other TechnologySeed$63.0M83%
FT1 Inc.OtherPre-Seed$10.1M83%
Route App, Inc.Software / TechSeries D+$5.1B82%
OpenRouter, Inc.OtherSeries B$146.7M82%
Route Dynamics Corp.Other TechnologySeries A$8.1M82%
Bot1 CorpOtherPre-Seed$11.6M81%
Project Journey Inc.OtherPre-Seed$4.6M81%
Frequently asked
How much funding has Route1 Inc. raised?
Route1 Inc. has raised approximately $1.6M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Route1 Inc.'s estimated valuation?
Provath's modeled valuation for Route1 Inc. is approximately $2.0M (modeled range $71K–$19.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Route1 Inc. at?
Route1 Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Dec 16.
What does Route1 Inc. do and where is it based?
Route1 Inc. operates in the Other sector, based in TORONTO.
Explore related

See where Route1 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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