Companies · Other

VR Resources Ltd.

Vancouver · Other

Diligence memoA one-page analyst read on VR Resources Ltd. — recommendation, valuation, rhythm, risks.
$594K
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 74%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Jun 08 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

VR Resources 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.

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 0.65× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.1 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

VR Resources Ltd. is one of 25008 Other companies tracked from Vancouver. By capital raised it ranks in the long tail (ahead of 27% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
21
Investors (latest)
2017
Year incorporated
2020-06-08
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$2.5M$5.0M$7.5M$10MPre-Seed · 2018-03-16 Raised $420K (real) Modeled valuation $9.7M (est)$420K$9.7MPre-Seed2018Pre-Seed · 2020-06-08 Raised $174K (real) Modeled valuation $4.0M (est)$174K$4.0MPre-Seed2020+$174KCumulative $594K

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$420K · 2018
Pre-Seed extension$174K · 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
$4.0M
Base estimate est.
$116K
Conservative case
$45.6M
Upside case
$966K
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 $9.7M · 2018-03-162018Pre-Seed · modeled $4.0M · 2020-06-082020
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
6.0 yr
Elapsed time used
6.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
27 mo
Avg between rounds
$266K/yr
Capital velocity
8.3 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 0.3× of median
This company$594K
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$174K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$4.0M
Sector median$17.7M

Raised more than 27% of sector peers (real $). Modeled value above 21% 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 #945 of 1,372.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Wnder, LTD · Pre-Seed Raised $1.0M · modeled $23.1M (est)W.E. Equity Associates, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Forest N Oak Holdings, Llc · Pre-Seed Raised $1.3M · modeled $23.1M (est)RF SLIH Ltd LIABILITY Co · Pre-Seed Raised $1.0M · modeled $23.1M (est)CiiTA, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Varfaj Ventures LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Linkage Holdings Corp. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Quantum Loop Solutions, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Stadiumred, Inc. · Pre-Seed Raised $2.0M · modeled $23.1M (est)Royalty Exchange Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)ListEngage Holdings, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Baseload Group, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)VR Resources Ltd. (this company) Raised $594K · modeled $4.0M (est)VR Resources Ltd.
CompanyStageRaised · realValue · estvs peer med.
Wnder, LTDPre-Seed$1.0M$23.1M3.72×
W.E. Equity Associates, LLCPre-Seed$1.0M$23.1M3.72×
Forest N Oak Holdings, LlcPre-Seed$1.3M$23.1M3.72×
RF SLIH Ltd LIABILITY CoPre-Seed$1.0M$23.1M3.72×
CiiTA, LLCPre-Seed$1.0M$23.1M3.72×
Varfaj Ventures LLCPre-Seed$1.0M$23.1M3.72×
Linkage Holdings Corp.Pre-Seed$1.0M$23.1M3.72×
Quantum Loop Solutions, Inc.Pre-Seed$1.0M$23.1M3.72×
Stadiumred, Inc.Pre-Seed$2.0M$23.1M3.72×
Royalty Exchange Inc.Pre-Seed$1.0M$23.1M3.72×
ListEngage Holdings, LLCPre-Seed$1.0M$23.1M3.72×
Baseload Group, Inc.Pre-Seed$1.0M$23.1M3.72×
VR Resources Ltd. this companyPre-Seed$594K$4.0M0.65×
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$420K2018-03-16$2.3M$9.7M90%
Pre-Seed$174K2020-06-08$966K$4.0M90%
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$420K2018-03-16
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$174K2020-06-08
    • Raised again after 27 mo — slower than the ~11 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 21 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~27mo cadence
$174K
Modeled next size est.range $174K$278K
0.4×
Last step-up
$266K/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 Thompson11 other2018-03
Blaine Bailey5 other2018-03
Craig Lindsay3 other2018-03
Frances Petryshen2 other2020-06
Michael Thomson2 other2020-06
Cyndi Laval1 other2020-06
DARIN WAGNER1 other2018-03
MICHAEL GUNNING1 other2018-03
Registry & provenance

VR Resources 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
1717695
SEC CIK
2017
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
Cannabis One Holdings Inc.OtherPre-Seed$555K$9.5Mnetwork1 shared operator · same sector · same stage
Centenera Mining CorpOtherPre-Seed$680K$15.7Mnetwork1 shared operator · same sector · same stage
Electric Royalties Ltd.OtherPre-Seed$793K$456Knetwork1 shared operator · same sector · same stage
Altum Resource Corp.OtherPre-Seed$280K$6.5Mnetwork1 shared operator · same sector · same stage
Zimtu Capital Corp.OtherPre-Seed$148K$3.4Mnetwork1 shared operator · same sector · same stage
Slicefund Llc Series 3OtherPre-Seed$594K$4.0Msame sector · same stage
Nightjar Holdings LLCOtherPre-Seed$600K$3.9Msame sector · same stage
Roll Out the Barrel XI LLCOtherPre-Seed$600K$3.9Msame 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
VR Training Solutions, Inc.Other TechnologyPre-Seed$1.3M82%
VirtualArmour International Inc.OtherSeed$27.9M81%
Virtual World Computing, LLCOtherSeed$10.6M81%
Dynaresource, Inc.OtherSeries A$25.0M81%
Aurania Resources Ltd.OtherPre-Seed$10.9M80%
Signature Resources Ltd.OtherPre-Seed$4.8M80%
VR Motion Corp.Other TechnologyPre-Seed$9.5M80%
Ceek VR, Inc.OtherSeries A$10.4M80%
Frequently asked
How much funding has VR Resources Ltd. raised?
VR Resources Ltd. has raised approximately $594K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is VR Resources Ltd.'s estimated valuation?
Provath's modeled valuation for VR Resources Ltd. is approximately $4.0M (modeled range $116K–$45.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is VR Resources Ltd. at?
VR Resources Ltd.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Jun 08.
What does VR Resources Ltd. do and where is it based?
VR Resources Ltd. operates in the Other sector, based in Vancouver.
Explore related

See where VR Resources Ltd. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at VR Resources Ltd., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.