Western Uranium & Vanadium Corp. looks under-valued against its niche peers and is active on financing cadence.
Raised $20M across 19 disclosed rounds, last modeled as Series A (a $4.0M–$15M round).
Modeled value is 0.24× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
Valued on the extractive profile — its sector's growth and survival benchmarks differ from the market default, so the same raise is worth more or less here.
Last raise 13 mo ago; this sector typically re-raises about every 11 months.
Latest round stepped up 1.6× from the prior — scaling.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive 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 0.24× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
Issuer reports $0–$1M revenue while modeled below niche peers.
Active
Last raise 13 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.
Issuer-vehicle patternmedium confidence
Western Uranium & Vanadium Corp. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.
Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
11.6 yr record
Peak capital year was 2022 with $6.4M across 2 filings.
Market position
ahead of 90% of Mining & Resources peers
Capital scale is ahead of 90% of Mining & Resources peers; modeled value is above 55% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
No clearly named CEO/founder/principal role in the public records surfaced here.
No verified homepage on the profile yet.
Capital program peaked in 2022: $6.4M across 2 filings.
Largest single filing was $4.0M on 2021-02-16.
Filing rows sum to $25.7M, while canonical raised total is $20.5M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
Read this less like a startup funding journey and more like a capital-raising program.
Stage-based valuation and peer labels have lower applicability for this pattern.
The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Canonical filtering should be tightened before using row-level totals for diligence.
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 Mining & Resources
Western Uranium & Vanadium Corp. is one of 701 Mining & Resources companies tracked from TORONTO. By capital raised it ranks among the largest (ahead of 90% 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
$0–$1M
Issuer revenue
Rule 506(b)
Reg D exemption
3
Investors (latest)
2025-06-13
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
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$250K · 2014
Seed$1.4M · 2015
Seed extension$105K · 2016
Seed extension$190K · 2016
Seed extension$1.4M · 2016
Seed extension$232K · 2016
Seed extension$833K · 2017
Bridge · Seed-stage$395K · 2017smaller follow-on
Seed extension$376K · 2017
Seed extension$306K · 2017
Seed extension$513K · 2018
Seed extension$1.3M · 2018
Seed extension$996K · 2018
Seed extension$2.9M · 2019
Seed extension$141K · 2019
Series A$4.0M · 2021
Bridge · Series A-stage$1.6M · 2021smaller follow-on
Series A extension$467K · 2021
Bridge · Series A-stage$3.2M · 2022smaller follow-on
Series A extension$3.2M · 2022
Series A extension$690K · 2024
Series A extension$1.1M · 2025
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Modeled valuation trajectory
$3.0M
Base estimate est.
$1.5M
Conservative case
$5.1M
Upside case
$5.1M
Modeled post-money
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
1.1 yr
Elapsed time used
1.1 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$1.9M/yr
Capital velocity
11.6 yr
On record since
2014
First round
22
Rounds on file
How it compares to the market
Benchmarked against 701 companies in Mining & Resources. 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)▲ 8.9× above median
This company$20.5M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage)▼ 0.3× of median
This company$1.1M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages)▲ 1.2× above median
This company$3.0M
Sector median$2.5M
Raised more than 90% of sector peers (real $). Modeled value above 55% of peers (estimate).
Niche peers — same stage & era
A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled valueest. (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 #33 of 40.
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.
Stage
Amount · real
Announced
Post-money · est
Value · est
Conf.
Pre-Seed
$250K
2014-11-20
$1.4M
$1.7M
85%
Seed
$1.4M
2015-02-04
$7.1M
$7.6M
85%
Seed
$105K
2016-01-05
$527K
$566K
85%
Seed
$190K
2016-05-05
$952K
$1.0M
85%
Seed
$1.4M
2016-08-19
$7.1M
$7.6M
85%
Seed
$232K
2016-12-28
$1.2M
$1.2M
90%
Seed
$833K
2017-03-31
$4.2M
$4.5M
90%
Pre-Seed
$395K
2017-09-13
$2.2M
$2.6M
90%
Seed
$376K
2017-09-13
$1.9M
$2.0M
90%
Seed
$306K
2017-12-29
$1.5M
$1.6M
90%
Seed
$513K
2018-05-04
$2.6M
$2.8M
90%
Seed
$1.3M
2018-07-27
$6.6M
$7.1M
90%
Seed
$996K
2018-08-07
$5.0M
$5.3M
90%
Seed
$2.9M
2019-04-16
$14.4M
$15.4M
90%
Seed
$141K
2019-06-17
$703K
$755K
90%
Series A
$4.0M
2021-02-16
$18.3M
$16.5M
90%
Seed
$1.6M
2021-02-16
$8.2M
$7.9M
90%
Series A
$467K
2021-12-13
$2.1M
$1.8M
90%
Seed
$3.2M
2022-01-19
$16.0M
$13.1M
90%
Series A
$3.2M
2022-01-19
$14.5M
$11.9M
90%
Series A
$690K
2024-11-15
$3.1M
$1.9M
90%
Series A
$1.1M
2025-06-13
$5.1M
$3.0M
90%
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.
Pre-Seed$250K2014-11-20
First recorded raise — entered as Pre-Seed.
4 investors on this round.
Seed$1.4M2015-02-04
Came back fast: 2 mo vs the ~11 mo sector norm.
Round 5.7× larger than the prior — scaling up.
7 investors on this round.
Seed$105K2016-01-05
Raised 11 mo later, in step with the ~11 mo sector norm.
Round 13.5× smaller than the prior — bridge or down round.
1 investor on this round.
Seed$190K2016-05-05
Came back fast: 4 mo vs the ~11 mo sector norm.
Round 1.8× larger than the prior — scaling up.
7 investors on this round.
Seed$1.4M2016-08-19
Came back fast: 3 mo vs the ~11 mo sector norm.
Round 7.5× larger than the prior — scaling up.
25 investors on this round.
Seed$232K2016-12-28
Came back fast: 4 mo vs the ~11 mo sector norm.
Round 6.1× smaller than the prior — bridge or down round.
3 investors on this round.
Seed$833K2017-03-31
Came back fast: 3 mo vs the ~11 mo sector norm.
Round 3.6× larger than the prior — scaling up.
33 investors on this round.
Pre-Seed$395K2017-09-13
Came back fast: 5 mo vs the ~11 mo sector norm.
Round 2.1× smaller than the prior — bridge or down round.
19 investors on this round.
Seed$376K2017-09-13
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
19 investors on this round.
Seed$306K2017-12-29
Came back fast: 4 mo vs the ~11 mo sector norm.
Round roughly the size of the prior one.
Revenue band moved No revenue → $0–$1M.
8 investors on this round.
Seed$513K2018-05-04
Came back fast: 4 mo vs the ~11 mo sector norm.
Round 1.7× larger than the prior — scaling up.
14 investors on this round.
Seed$1.3M2018-07-27
Came back fast: 3 mo vs the ~11 mo sector norm.
Round 2.6× larger than the prior — scaling up.
32 investors on this round.
Seed$996K2018-08-07
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 1.3× smaller than the prior — bridge or down round.
16 investors on this round.
Seed$2.9M2019-04-16
Raised 8 mo later, in step with the ~11 mo sector norm.
Round 2.9× larger than the prior — scaling up.
37 investors on this round.
Seed$141K2019-06-17
Came back fast: 2 mo vs the ~11 mo sector norm.
Round 20.4× smaller than the prior — bridge or down round.
3 investors on this round.
Series A$4.0M2021-02-16
Raised again after 20 mo — slower than the ~11 mo sector norm.
Round 28.7× larger than the prior — scaling up.
51 investors on this round.
Seed$1.6M2021-02-16
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round 2.4× smaller than the prior — bridge or down round.
16 investors on this round.
Series A$467K2021-12-13
Raised 10 mo later, in step with the ~11 mo sector norm.
Round 3.5× smaller than the prior — bridge or down round.
11 investors on this round.
Seed$3.2M2022-01-19
Came back fast: 1 mo vs the ~11 mo sector norm.
Round 6.9× larger than the prior — scaling up.
28 investors on this round.
Series A$3.2M2022-01-19
Filed alongside the prior round (same month) — likely a tranche or amendment.
Round roughly the size of the prior one.
28 investors on this round.
Series A$690K2024-11-15
Raised again after 34 mo — slower than the ~11 mo sector norm.
Round 4.6× smaller than the prior — bridge or down round.
6 investors on this round.
Series A$1.1M2025-06-13
Raised 7 mo later, in step with the ~11 mo sector norm.
Round 1.6× larger than the prior — scaling up.
3 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~6mo cadence
$1.8M
Modeled next size est.range $1.2M–$2.9M
1.6×
Last step-up
$1.9M/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.
Western Uranium & Vanadium Corp. 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
1621906
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.
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.
How much funding has Western Uranium & Vanadium Corp. raised?
Western Uranium & Vanadium Corp. has raised approximately $20.5M in disclosed capital across 19 recorded financing rounds, aggregated from public filings.
What is Western Uranium & Vanadium Corp.'s estimated valuation?
Provath's modeled valuation for Western Uranium & Vanadium Corp. is approximately $3.0M (modeled range $1.5M–$5.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Western Uranium & Vanadium Corp. at?
Western Uranium & Vanadium Corp.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jun 13.
What does Western Uranium & Vanadium Corp. do and where is it based?
Western Uranium & Vanadium Corp. operates in the Mining & Resources sector, based in TORONTO.
Explore related
See where Western Uranium & Vanadium Corp. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Western Uranium & Vanadium Corp., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.