Valued at $395.0M at its later-stage round, Feb 2026. Nothing has traded since.
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Valuation timeline
0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026Membership and data by Private Market View
Phoenix Tailings funding history
2 rounds| Date | Round | Raised | Post-money | $/share |
|---|---|---|---|---|
| Nov 2024 | Later Stage VC | $106.6M | ▮ | ▮ |
| Jul 2021 | Early Stage VC | $12.1M | ▮ | ▮ |
Membership and data by Private Market View
Phoenix Tailings valuation
Phoenix Tailings was valued at $395 million at its later-stage round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Phoenix Tailings raised?
Phoenix Tailings has raised $129 million across 2 recorded rounds since 2021. The largest was a $12.1 million early-stage round in Jul 2021; the most recent was a $107 million later-stage round in Nov 2024.
Phoenix Tailings has filed 4 Form Ds with the SEC since 2021, most recently in Mar 2026 ($107 million sold to 75 investors).
Institutional holders and vehicles
In the last 12 months, 1 investment vehicle was formed to buy Phoenix Tailings shares, reporting $1.9 million sold to 42 investors, per SEC Form D filings (most recent Feb 2026).
How Phoenix Tailings's valuation is determined
Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.
For Phoenix Tailings, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →
Frequently asked about Phoenix Tailings
- What is Phoenix Tailings worth?
- Phoenix Tailings is valued at $395.0M as of Oct 2026. Valued at $395.0M at its later-stage round, Feb 2026. Nothing has traded since.
- How much has Phoenix Tailings raised?
- Phoenix Tailings has raised $128.7M in total funding across 2 recorded rounds.
- When did Phoenix Tailings last raise?
- Phoenix Tailings last raised in Nov 2024 (Later Stage VC), raising $106.6M.