Companies · Other Energy

Tasman Metals Ltd.

VANCOUVER · Other Energy

Diligence memoA one-page analyst read on Tasman Metals Ltd. — recommendation, valuation, rhythm, risks.
$6.4M
Total raised · real
10
Rounds
1.2×
Latest step-up
Top 40%
Sector rank · raised
Seed
Latest stage · inferred · Tue Feb 11 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Tasman Metals Ltd. 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. Valuation uses the energy sector profile.

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 0.30× the median modeled value of Seed Other Energy companies in 2013–2015 (79 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.4 yr ago; this sector typically re-raises about every 12 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 Energy

Tasman Metals Ltd. is one of 2048 Other Energy companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 61% 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
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 · 2009-10-22 Raised $646K (real) Modeled valuation $10M (est)Pre-Seed2009Pre-Seed · 2009-10-22 Raised $208K (real) Modeled valuation $3.4M (est)Pre-Seed2009Pre-Seed · 2009-10-23 Raised $365K (real) Modeled valuation $5.9M (est)Pre-Seed2009Pre-Seed · 2009-10-23 Raised $436K (real) Modeled valuation $7.0M (est)Pre-Seed2009Seed · 2010-03-26 Raised $3.1M (real) Modeled valuation $40M (est)Seed2010Pre-Seed · 2010-03-26 Raised $289K (real) Modeled valuation $4.7M (est)Pre-Seed2010Seed · 2010-11-17 Raised $176K (real) Modeled valuation $2.3M (est)Seed2010Seed · 2014-02-11 Raised $400K (real) Modeled valuation $5.2M (est)Seed2014Seed · 2014-02-11 Raised $360K (real) Modeled valuation $4.7M (est)Seed2014Seed · 2014-02-11 Raised $449K (real) Modeled valuation $5.8M (est)Seed2014+$208K+$365K+$436K+$3.1M+$289K+$176K+$400K+$360K+$449KCumulative $6.4M

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$646K · 2009
Pre-Seed extension$208K · 2009
Pre-Seed extension$365K · 2009
Pre-Seed extension$436K · 2009
Seed$3.1M · 2010
Bridge · Seed-stage$289K · 2010smaller follow-on
Seed extension$176K · 2010
Seed extension$400K · 2014
Seed extension$360K · 2014
Seed extension$449K · 2014

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

Modeled valuation trajectory
$5.8M
Base estimate est.
$384K
Conservative case
$45.7M
Upside case
$2.2M
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 energy sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $10.4M · 2009-10-222009Pre-Seed · modeled $3.4M · 2009-10-22Pre-Seed · modeled $5.9M · 2009-10-23Pre-Seed · modeled $7.0M · 2009-10-23Seed · modeled $40.0M · 2010-03-26Pre-Seed · modeled $4.7M · 2010-03-26Seed · modeled $2.3M · 2010-11-17Seed · modeled $5.2M · 2014-02-11Seed · modeled $4.7M · 2014-02-11Seed · modeled $5.8M · 2014-02-112014
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.38×/yr
Annual markup
1.80×/yr upside case
6.0 yr
Elapsed time used
12.4 yr actual, capped for stale marks
energy
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$1.5M/yr
Capital velocity
16.7 yr
On record since
2009
First round
10
Rounds on file
How it compares to the market

Benchmarked against 2048 companies in Other Energy. 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) 1.9× above median
This company$6.4M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$449K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$5.8M
Sector median$17.0M

Raised more than 61% of sector peers (real $). Modeled value above 27% 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 #66 of 79.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Erie Power LLC · Seed Raised $4.0M · modeled $51.9M (est)RTO Energy Trading Holdings, LLC · Seed Raised $4.0M · modeled $51.5M (est)Quantum Energy Storage Corp · Seed Raised $7.0M · modeled $50.8M (est)Demand Energy Networks Inc. · Seed Raised $6.5M · modeled $49.8M (est)Convergent Energy & Power Inc. · Seed Raised $3.8M · modeled $49.6M (est)Lake Charles Holdings, LLC · Seed Raised $3.5M · modeled $45.4M (est)EquityMetrix, LLC · Seed Raised $3.5M · modeled $45.4M (est)Gulf Shore Energy Holdings, LP · Seed Raised $3.3M · modeled $42.2M (est)Blue Marble Energy Corp · Seed Raised $5.1M · modeled $41.9M (est)Enduring Hydro,LLC · Seed Raised $3.2M · modeled $41.3M (est)Funeral Services, Inc. · Seed Raised $3.2M · modeled $40.9M (est)Kawa RETC 1, LLC · Seed Raised $3.1M · modeled $40.2M (est)Tasman Metals Ltd. (this company) Raised $6.4M · modeled $5.8M (est)Tasman Metals Ltd.
CompanyStageRaised · realValue · estvs peer med.
Erie Power LLCSeed$4.0M$51.9M2.67×
RTO Energy Trading Holdings, LLCSeed$4.0M$51.5M2.64×
Quantum Energy Storage CorpSeed$7.0M$50.8M2.61×
Demand Energy Networks Inc.Seed$6.5M$49.8M2.56×
Convergent Energy & Power Inc.Seed$3.8M$49.6M2.55×
Lake Charles Holdings, LLCSeed$3.5M$45.4M2.33×
EquityMetrix, LLCSeed$3.5M$45.4M2.33×
Gulf Shore Energy Holdings, LPSeed$3.3M$42.2M2.17×
Blue Marble Energy CorpSeed$5.1M$41.9M2.15×
Enduring Hydro,LLCSeed$3.2M$41.3M2.12×
Funeral Services, Inc.Seed$3.2M$40.9M2.10×
Kawa RETC 1, LLCSeed$3.1M$40.2M2.07×
Tasman Metals Ltd. this companySeed$6.4M$5.8M0.30×
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$646K2009-10-22$3.6M$10.4M90%
Pre-Seed$208K2009-10-22$1.2M$3.4M90%
Pre-Seed$365K2009-10-23$2.0M$5.9M90%
Pre-Seed$436K2009-10-23$2.4M$7.0M90%
Seed$3.1M2010-03-26$15.4M$40.0M90%
Pre-Seed$289K2010-03-26$1.6M$4.7M90%
Seed$176K2010-11-17$879K$2.3M90%
Seed$400K2014-02-11$2.0M$5.2M90%
Seed$360K2014-02-11$1.8M$4.7M90%
Seed$449K2014-02-11$2.2M$5.8M90%
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$646K2009-10-22
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$208K2009-10-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× smaller than the prior — bridge or down round.
  3. Pre-Seed$365K2009-10-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
  4. Pre-Seed$436K2009-10-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  5. Seed$3.1M2010-03-26
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round 7.1× larger than the prior — scaling up.
  6. Pre-Seed$289K2010-03-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 10.7× smaller than the prior — bridge or down round.
  7. Seed$176K2010-11-17
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 1.6× smaller than the prior — bridge or down round.
  8. Seed$400K2014-02-11
    • Raised again after 39 mo — slower than the ~12 mo sector norm.
    • Round 2.3× larger than the prior — scaling up.
  9. Seed$360K2014-02-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  10. Seed$449K2014-02-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
2014 ~Q3
Modeled next raise · ~6mo cadence
$560K
Modeled next size est.range $449K$896K
1.2×
Last step-up
$1.5M/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
Nick DeMare21 other2009-10
Michael Hudson8 other2009-10
David Henstridge5 other2009-10
James Hutton5 other2009-10
Mariana Bermudez5 other2009-10
Mark Saxon4 other2009-10
James Powell3 other2014-02
Gillyeard Leathley2 other2009-10
Robert Atkinson2 other2009-10
Registry & provenance

Tasman Metals Ltd. 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
1474547
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
Hannan Metals Ltd.Mining & ResourcesSeed$4.9M$1.5Mnetwork4 shared operators · same stage
Leading Edge Materials Corp.OtherSeries B$3.4M$5.3Mnetwork6 shared operators
Mawson Resources LtdOtherSeries A$26.3M$50.2Mnetwork6 shared operators
TINKA RESOURCES LtdOtherSeed$5.6M$3.3Mnetwork3 shared operators · same stage
Carbon Cycle Energy, LLCOther EnergySeed$1.5M$2.9Mnetwork1 shared operator · same sector · same stage
Batero Gold CorpOtherSeed$2.9M$24.6Mnetwork2 shared operators · same stage
Argentina Lithium & Energy Corp.Other EnergySeries A$7.6M$33.9Mnetwork1 shared operator · same sector
Juhl Renewable AssetsOther EnergySeed$6.5M$3.7Msame sector · same stage
Frequently asked
How much funding has Tasman Metals Ltd. raised?
Tasman Metals Ltd. has raised approximately $6.4M in disclosed capital across 10 recorded financing rounds, aggregated from public filings.
What is Tasman Metals Ltd.'s estimated valuation?
Provath's modeled valuation for Tasman Metals Ltd. is approximately $5.8M (modeled range $384K–$45.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tasman Metals Ltd. at?
Tasman Metals Ltd.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Feb 11.
What does Tasman Metals Ltd. do and where is it based?
Tasman Metals Ltd. operates in the Other Energy sector, based in VANCOUVER.
Explore related

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