Companies · Manufacturing / Industrial

Westpower Equipment Ltd.

CALGARY · Manufacturing / Industrial · refined from filed group “Other

Diligence memoA one-page analyst read on Westpower Equipment Ltd. — recommendation, valuation, rhythm, risks.
$1.1M
Total raised · real
1
Rounds
Latest step-up
Top 18%
Sector rank · raised
Seed
Latest stage · inferred · Mon Jul 31 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Westpower Equipment Ltd. looks fair 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 manufacturing sector profile.

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

Fair
  • Modeled value is 0.75× the median modeled value of Seed Manufacturing / Industrial companies in 2016–2018 (11 peers) — value vs value, same stage and era.
  • Within the normal band (75% of peer median) for its niche.
Dormant
  • Last raise 8.9 yr ago; this sector typically re-raises about every 13 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 Manufacturing / Industrial

Westpower Equipment Ltd. is one of 629 Manufacturing / Industrial companies tracked from CALGARY. By capital raised it ranks in the upper tier (ahead of 83% of sector peers), and in the upper tier 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
2
Investors (latest)
2017-07-31
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$5.0M$10M$15M$20MSeed · 2017-07-31 Raised $1.1M (real) Modeled valuation $14M (est)$1.1M$14MSeed2017

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
Seed$1.1M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$14.1M
Base estimate est.
$1.1M
Conservative case
$110.7M
Upside case
$5.8M
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 manufacturing sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
8.9 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
8.9 yr
On record since
2017
First round
1
Rounds on file
How it compares to the market

Benchmarked against 629 companies in Manufacturing / Industrial. 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$1.1M
Sector median$4.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.7× of median
This company$1.1M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$14.1M
Sector median$14.1M

Raised more than 83% of sector peers (real $). Modeled value above 88% 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 #10 of 11.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Deep Space Industries, Inc. · Seed Raised $4.2M · modeled $39.2M (est)Used Equipment Guide Inc. · Seed Raised $2.6M · modeled $31.6M (est)Palmetto Capital Industrial Distribution I, LLC · Seed Raised $2.0M · modeled $24.5M (est)Multi-Flow Industries, LLC · Seed Raised $2.2M · modeled $24.4M (est)Evergreen Reno Industrial Park, Llc · Seed Raised $1.7M · modeled $20.3M (est)Valley Queen Cheese Factory, Inc. · Seed Raised $1.5M · modeled $18.8M (est)CAPE Industries, LLC · Seed Raised $1.5M · modeled $17.8M (est)Industrious Spirit Company, LLC · Seed Raised $1.3M · modeled $16.1M (est)NXT Factory Inc. · Seed Raised $1.3M · modeled $15.9M (est)RHINO STEEL Corp · Seed Raised $1.0M · modeled $12.3M (est)Westpower Equipment Ltd. (this company) Raised $1.1M · modeled $14.1M (est)Westpower Equipment Ltd.
CompanyStageRaised · realValue · estvs peer med.
Deep Space Industries, Inc.Seed$4.2M$39.2M2.08×
Used Equipment Guide Inc.Seed$2.6M$31.6M1.68×
Palmetto Capital Industrial Distribution I, LLCSeed$2.0M$24.5M1.30×
Multi-Flow Industries, LLCSeed$2.2M$24.4M1.29×
Evergreen Reno Industrial Park, LlcSeed$1.7M$20.3M1.08×
Valley Queen Cheese Factory, Inc.Seed$1.5M$18.8M1.00×
CAPE Industries, LLCSeed$1.5M$17.8M0.95×
Industrious Spirit Company, LLCSeed$1.3M$16.1M0.86×
NXT Factory Inc.Seed$1.3M$15.9M0.84×
Westpower Equipment Ltd. this companySeed$1.1M$14.1M0.75×
RHINO STEEL CorpSeed$1.0M$12.3M0.65×
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.
Seed$1.1M2017-07-31$5.8M$14.1M90%
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. Seed$1.1M2017-07-31
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
Intelligence
Modeled next raise
$1.8M
Modeled next size est.range $1.2M$2.9M
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
Peter Clark3 other2017-07
David Goddard2017-07
Grant Wilde2017-07
Matt Braaten2017-07
Myron Hildebrand2017-07
Richard Goddard2017-07
Registry & provenance

Westpower Equipment 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
1715624
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
Snowball Industries IncManufacturing / IndustrialSeed$1.1M$6.6Msame sector · same stage
Spring Rock Manufacturing Partners I-A LpManufacturing / IndustrialSeed$1.1M$3.9Msame sector · same stage
Peeq Industries, Inc.Manufacturing / IndustrialSeed$1.3M$7.1Msame sector · same stage
NXT Factory Inc.Manufacturing / IndustrialSeed$1.3M$15.9Msame sector · same stage
Industrious Spirit Company, LLCManufacturing / IndustrialSeed$1.3M$16.1Msame sector · same stage
RHINO STEEL CorpManufacturing / IndustrialSeed$1.0M$12.3Msame sector · same stage
CAPE Industries, LLCManufacturing / IndustrialSeed$1.5M$17.8Msame sector · same stage
1311 Industrial LlcManufacturing / IndustrialSeed$1.5M$7.7Msame 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
Brite Industries, Inc.Manufacturing / IndustrialPre-Seed$13.2M79%
JKL Equipment LLCManufacturing / IndustrialPre-Seed$2.4M78%
Ohno Equipment Company, Inc.Manufacturing / IndustrialPre-Seed$395K77%
HGI Industries, Inc.Manufacturing / IndustrialSeed$3.8M77%
Our Machinery Inc.Manufacturing / IndustrialPre-Seed$8.5M77%
Westwin Elements IncManufacturingSeries B$2.6M77%
Hughes Equipment Company, LLCManufacturingSeed$17.9M76%
RMR Industrials, Inc.Manufacturing / IndustrialPre-Seed$5.0M76%
Frequently asked
How much funding has Westpower Equipment Ltd. raised?
Westpower Equipment Ltd. has raised approximately $1.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Westpower Equipment Ltd.'s estimated valuation?
Provath's modeled valuation for Westpower Equipment Ltd. is approximately $14.1M (modeled range $1.1M–$110.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Westpower Equipment Ltd. at?
Westpower Equipment Ltd.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Jul 31.
What does Westpower Equipment Ltd. do and where is it based?
Westpower Equipment Ltd. operates in the Manufacturing / Industrial sector, based in CALGARY.
Explore related

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

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