Diligence memo · auto-generated · as of July 3, 2026

Volcan Holdings, Inc.

Volcan Holdings, Inc. looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Volcan Holdings, Inc. operates in Other, based in SYDNEY.

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

Volcan Holdings, Inc. has raised $33M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $32M on 2008-09-12.

Most recent recorded round closed around 2008-09-12.

Valuation (modeled)modeled

Provath models Volcan Holdings, Inc. at approximately $523M (range $79M–$2.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.38× the median modeled value of Series B Other companies in 2007–2009 (64 peers) — value vs value, same stage and era. Within the normal band (138% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 17.8 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round was 24.8× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 90% of Other peers (25015 compared).

Modeled value ranks above 94% of those peers.

Closest niche peers: Petaquilla Minerals Ltd, Wageworks, Inc., MetWest-SIMA Real Estate Fund I LLC, Xora Inc, Cbs Personnel Holdings Inc.

Peoplefiled

3 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.