Companies · Lodging and Conventions

Sonder Canada Inc.

SAN FRANCISCO · Lodging and Conventions

Diligence memoA one-page analyst read on Sonder Canada Inc. — recommendation, valuation, rhythm, risks.
$210.0M
Total raised · real
1
Rounds
Latest step-up
Top 1%
Sector rank · raised
Series D+
Latest stage · inferred · Tue May 21 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Sonder Canada Inc. has raised $210M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the lodging sector profile.

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

Dormant
  • Last raise 7.1 yr ago; this sector typically re-raises about every 12 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 Lodging and Conventions

Sonder Canada Inc. is one of 514 Lodging and Conventions companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest 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
43
Investors (latest)
2018
Year incorporated
2019-05-21
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$500M$1.0B$1.5B$2.0BSeries D+ · 2019-05-21 Raised $210M (real) Modeled valuation $1.1B (est)$210M$1.1BSeries D+2019

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
Series D+$210.0M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$1.1B
Base estimate est.
$1.0B
Conservative case
$2.5B
Upside case
$1.7B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the lodging sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
75%
Survival probability
60% low · 83% high
0.97×/yr
Annual markup
1.09×/yr upside case
6.0 yr
Elapsed time used
7.1 yr actual, capped for stale marks
lodging
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
7.1 yr
On record since
2019
First round
1
Rounds on file
How it compares to the market

Benchmarked against 514 companies in Lodging and Conventions. 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) 84× above median
This company$210.0M
Sector median$2.5M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.0× above median
This company$210.0M
Sector median$210.0M
Modeled value — vs sector median (estimate, all stages) 104× above median
This company$1.1B
Sector median$10.8M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Sonder Canada Inc. this companySeries D+$210.0M$1.1B1.25×
Range Developments (Grenada) LtdSeries D+$126.5M$679.3M0.75×
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.
Series D+$210.0M2019-05-21$1.7B$1.1B90%
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. Series D+$210.0M2019-05-21
    • First recorded raise — entered as Series D+.
    • 43 investors on this round.
Intelligence
Modeled next raise
$336.0M
Modeled next size est.range $218.4M$537.6M
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
Nabeel Hyatt15 other2019-05
Laurence Tosi4 other2019-05
Neil Mehta4 other2019-05
VIVEK PATTIPATI3 other2019-05
Lucas Pellan1 other2019-05
Francis Davidson Tanguay2019-05
Registry & provenance

Sonder Canada 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
1780063
SEC CIK
2018
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
Range Developments 2 (Grenada) LtdLodging and ConventionsSeries D+$275.0M$1.6Bsame sector · same stage
Range Developments (Grenada) LtdLodging and ConventionsSeries D+$126.5M$679.3Msame sector · same stage
Addepar, Inc.Other TechnologySeries D+$166.3M$4.2Bnetwork1 shared operator · same stage
Botco, Inc.Other TechnologySeries D+$150.7M$1.8Bnetwork1 shared operator · same stage
DroneBase, Inc.RoboticsSeries D+$136.9M$912.8Mnetwork1 shared operator · same stage
Forward Ventures, LLCOtherSeries D+$540.9M$5.2Bnetwork1 shared operator · same stage
Landing Holdings Inc.Lodging and ConventionsSeries C$162.2M$143.0Msame sector
Bolt Financial, Inc.OtherSeries D+$756.7M$3.5Bnetwork1 shared operator · 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
Locale Hospitality, Inc.Lodging and ConventionsSeries A$37.0M80%
Saint Paul Lodging Associates, LLCLodging and ConventionsSeries A$20.5M80%
Corphousing Group Inc.Lodging and ConventionsSeries A$8.7M80%
McNeill Hotel Holdings, LLCLodging and ConventionsSeries C$402.8M80%
Corning Hotel, LLCLodging and ConventionsSeed$17.8M80%
Sonder Brewing Company, LLCFood & BeveragePre-Seed$5.5M79%
Hotel Carbon HQ, Inc.Lodging and ConventionsPre-Seed$5.5M79%
Guild Travel, Inc.Lodging and ConventionsSeries B$83.7M79%
Frequently asked
How much funding has Sonder Canada Inc. raised?
Sonder Canada Inc. has raised approximately $210.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Sonder Canada Inc.'s estimated valuation?
Provath's modeled valuation for Sonder Canada Inc. is approximately $1.1B (modeled range $1.0B–$2.5B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sonder Canada Inc. at?
Sonder Canada Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue May 21.
What does Sonder Canada Inc. do and where is it based?
Sonder Canada Inc. operates in the Lodging and Conventions sector, based in SAN FRANCISCO.
Explore related

See where Sonder Canada 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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