Companies · Other

Search Minerals Inc.

VANCOUVER · Other

Diligence memoA one-page analyst read on Search Minerals Inc. — recommendation, valuation, rhythm, risks.
$2.3M
Total raised · real
2
Rounds
8.5×
Latest step-up
Top 49%
Sector rank · raised
Seed
Latest stage · inferred · Fri Feb 25 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Search Minerals 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.

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

Fair
  • Modeled value is 1.12× the median modeled value of Seed Other companies in 2010–2012 (877 peers) — value vs value, same stage and era.
  • Within the normal band (112% of peer median) for its niche.
Dormant
  • Last raise 15.3 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

Search Minerals Inc. is one of 25015 Other companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 52% of sector peers), and mid-pack 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
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 · 2010-05-31 Raised $239K (real) Modeled valuation $5.5M (est)$239K$5.5MPre-Seed2010Seed · 2011-02-25 Raised $2.0M (real) Modeled valuation $38M (est)$2.0M$38MSeed2011+$2.0MCumulative $2.3M

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$239K · 2010
Seed$2.0M · 2011

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

Modeled valuation trajectory
$37.6M
Base estimate est.
$1.8M
Conservative case
$295.1M
Upside case
$10.1M
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. Directional, not a quoted figure.

Pre-Seed · modeled $5.5M · 2010-05-312010Seed · modeled $37.6M · 2011-02-252011
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
15.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
9 mo
Avg between rounds
$3.1M/yr
Capital velocity
16.1 yr
On record since
2010
First round
2
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) 1.1× above median
This company$2.3M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$37.6M
Sector median$17.7M

Raised more than 52% of sector peers (real $). Modeled value above 67% 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 #362 of 877.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Carsmetics Socal Group, Llc · Seed Raised $4.0M · modeled $74.4M (est)Hot Flashes, LLC · Seed Raised $4.0M · modeled $74.4M (est)Watermill-MPI Partners, L.P. · Seed Raised $4.0M · modeled $74.4M (est)Insituform Technologies Inc · Seed Raised $4.0M · modeled $74.4M (est)Aquantis, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Tillery Venture, LLC · Seed Raised $4.0M · modeled $74.4M (est)Epic Health Group · Seed Raised $4.0M · modeled $74.4M (est)Lucky Guy Ltd Liability Co · Seed Raised $4.0M · modeled $74.4M (est)ClickFuel, Inc. · Seed Raised $8.7M · modeled $74.4M (est)GWP Holdings, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Right Residential, LLC Series 3 · Seed Raised $4.0M · modeled $74.4M (est)Old Lyme Gourmet Co · Seed Raised $4.0M · modeled $74.4M (est)Search Minerals Inc. (this company) Raised $2.3M · modeled $37.6M (est)Search Minerals Inc.
CompanyStageRaised · realValue · estvs peer med.
Carsmetics Socal Group, LlcSeed$4.0M$74.4M2.21×
Hot Flashes, LLCSeed$4.0M$74.4M2.21×
Watermill-MPI Partners, L.P.Seed$4.0M$74.4M2.21×
Insituform Technologies IncSeed$4.0M$74.4M2.21×
Aquantis, Inc.Seed$4.0M$74.4M2.21×
Tillery Venture, LLCSeed$4.0M$74.4M2.21×
Epic Health GroupSeed$4.0M$74.4M2.21×
Lucky Guy Ltd Liability CoSeed$4.0M$74.4M2.21×
ClickFuel, Inc.Seed$8.7M$74.4M2.21×
GWP Holdings, Inc.Seed$4.0M$74.4M2.21×
Right Residential, LLC Series 3Seed$4.0M$74.4M2.21×
Old Lyme Gourmet CoSeed$4.0M$74.4M2.21×
Search Minerals Inc. this companySeed$2.3M$37.6M1.12×
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$239K2010-05-31$1.3M$5.5M90%
Seed$2.0M2011-02-25$10.1M$37.6M90%
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$239K2010-05-31
    • First recorded raise — entered as Pre-Seed.
  2. Seed$2.0M2011-02-25
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 8.5× larger than the prior — scaling up.
Intelligence
2011 ~Q4
Modeled next raise · ~9mo cadence
$6.1M
Modeled next size est.range $3.9M$9.7M
8.5×
Last step-up
$3.1M/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
Matthew Anderson6 other2010-05
David Dreisinger3 other2010-05
Barry Girling1 other2010-05
James Patterson1 other2010-05
TONY KER1 other2010-05
James Clucas2010-05
Randy Miller2010-05
Raymond Saunders2010-05
Registry & provenance

Search Minerals 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
1494335
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
Fox Resources LtdOtherSeed$2.3M$37.2Msame sector · same stage
Iberian Minerals Corp.OtherSeed$2.2M$37.9Msame sector · same stage
Compassionate Cultivation, LLCOtherSeed$2.3M$37.2Msame sector · same stage
CompostNow Inc.OtherSeed$2.2M$36.7Msame sector · same stage
DCH Licensing Corp.OtherSeed$2.2M$37.8Msame sector · same stage
Kevyn Aucoin Beauty, Inc.OtherSeed$2.2M$37.2Msame sector · same stage
PTA Networks, Inc.OtherSeed$2.4M$37.2Msame sector · same stage
SRA InvestCo, LLCOtherSeed$2.4M$37.4Msame sector · same stage
Frequently asked
How much funding has Search Minerals Inc. raised?
Search Minerals Inc. has raised approximately $2.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Search Minerals Inc.'s estimated valuation?
Provath's modeled valuation for Search Minerals Inc. is approximately $37.6M (modeled range $1.8M–$295.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Search Minerals Inc. at?
Search Minerals Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Feb 25.
What does Search Minerals Inc. do and where is it based?
Search Minerals Inc. operates in the Other sector, based in VANCOUVER.
Explore related

See where Search Minerals 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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