Companies · Other

11Th Street 350, Llc

MUKILTEO · Other

Diligence memoA one-page analyst read on 11Th Street 350, Llc — recommendation, valuation, rhythm, risks.
$980K
Total raised · real
2
Rounds
1.3×
Latest step-up
Top 66%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Apr 17 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

11Th Street 350, Llc looks over-valued against its niche peers and is at-risk 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.

Over-valued
  • Modeled value is 1.88× the median modeled value of Pre-Seed Other companies in 2022–2024 (1723 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.2 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

11Th Street 350, Llc 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
5.9 yr record
Peak capital year was 2023 with $560K across 1 filings.
Market position
ahead of 35% of Other peers
Capital scale is ahead of 35% of Other peers; modeled value is above 21% 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
Lower 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $560K across 1 filings.
  • Largest single filing was $560K on 2023-04-17.
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.
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

11Th Street 350, Llc is one of 25008 Other companies tracked from MUKILTEO. By capital raised it ranks in the long tail (ahead of 35% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023-04-17
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 · 2020-08-03 Raised $420K (real) Modeled valuation $9.3M (est)$420K$9.3MPre-Seed2020Pre-Seed · 2023-04-17 Raised $560K (real) Modeled valuation $3.8M (est)$560K$3.8MPre-Seed2023+$560KCumulative $980K

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 · 2020
Pre-Seed extension$560K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$3.8M
Base estimate est.
$373K
Conservative case
$18.5M
Upside case
$3.1M
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 $9.3M · 2020-08-032020Pre-Seed · modeled $3.8M · 2023-04-172023
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
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
32 mo
Avg between rounds
$363K/yr
Capital velocity
5.9 yr
On record since
2020
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) 0.5× of median
This company$980K
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.6× above median
This company$560K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$3.8M
Sector median$17.7M

Raised more than 35% 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 #404 of 1,723.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)El American Inc. · Pre-Seed Raised $1.0M · modeled $11.9M (est)AEA Hope, LLC · Pre-Seed Raised $1.0M · modeled $11.8M (est)Joy Milk Tea Inc. · Pre-Seed Raised $1.0M · modeled $11.7M (est)Manage Mindfully, Inc. · Pre-Seed Raised $1.0M · modeled $11.5M (est)ValiDateMe LLC · Pre-Seed Raised $1.0M · modeled $11.4M (est)BW-IGC, Inc. · Pre-Seed Raised $1.0M · modeled $11.3M (est)Phoenix Asset Recovery Corp · Pre-Seed Raised $1.0M · modeled $11.3M (est)Hge Fic N Llc · Pre-Seed Raised $1.0M · modeled $10.7M (est)Isegoria, Inc · Pre-Seed Raised $1.0M · modeled $10.6M (est)Brookstone VC Blaze, LLC · Pre-Seed Raised $961K · modeled $10.5M (est)Supreme Colas LLC · Pre-Seed Raised $1.0M · modeled $10.5M (est)Asian Court Holdings, Inc. · Pre-Seed Raised $897K · modeled $10.5M (est)11Th Street 350, Llc (this company) Raised $980K · modeled $3.8M (est)11Th Street 350, Llc
CompanyStageRaised · realValue · estvs peer med.
El American Inc.Pre-Seed$1.0M$11.9M5.88×
AEA Hope, LLCPre-Seed$1.0M$11.8M5.85×
Joy Milk Tea Inc.Pre-Seed$1.0M$11.7M5.77×
Manage Mindfully, Inc.Pre-Seed$1.0M$11.5M5.70×
ValiDateMe LLCPre-Seed$1.0M$11.4M5.64×
BW-IGC, Inc.Pre-Seed$1.0M$11.3M5.58×
Phoenix Asset Recovery CorpPre-Seed$1.0M$11.3M5.58×
Hge Fic N LlcPre-Seed$1.0M$10.7M5.28×
Isegoria, IncPre-Seed$1.0M$10.6M5.26×
Brookstone VC Blaze, LLCPre-Seed$961K$10.5M5.20×
Supreme Colas LLCPre-Seed$1.0M$10.5M5.18×
Asian Court Holdings, Inc.Pre-Seed$897K$10.5M5.18×
11Th Street 350, Llc this companyPre-Seed$980K$3.8M1.88×
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$420K2020-08-03$2.3M$9.3M90%
Pre-Seed$560K2023-04-17$3.1M$3.8M90%
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$420K2020-08-03
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$560K2023-04-17
    • Raised again after 32 mo — slower than the ~11 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 3 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~32mo cadence
$747K
Modeled next size est.range $560K$1.2M
1.3×
Last step-up
$363K/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
Eric Thorsen81 other2020-08
Jeff Huber74 other2020-08
Stuart Young74 other2020-08
Registry & provenance

11Th Street 350, Llc 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
1820556
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
Shell 1000, LLCOtherPre-Seed$1.0M$23.1Mnetwork3 shared operators · same sector · same stage
Guide 950, LlcOtherPre-Seed$950K$22.0Mnetwork3 shared operators · same sector · same stage
Alderwood Center Lenders, LlcOtherPre-Seed$896K$16.2Mnetwork3 shared operators · same sector · same stage
Meeker 890, LlcOtherPre-Seed$890K$20.6Mnetwork3 shared operators · same sector · same stage
Mi 885, LlcOtherPre-Seed$885K$15.1Mnetwork3 shared operators · same sector · same stage
Highlands 850, LlcOtherPre-Seed$850K$19.6Mnetwork3 shared operators · same sector · same stage
Alderwood 3500, LLCOtherPre-Seed$805K$18.6Mnetwork3 shared operators · same sector · same stage
Stanwood 800, LlcOtherPre-Seed$800K$18.5Mnetwork3 shared operators · same 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
3500 Riverside, LLCOtherSeed$57.6M82%
Fundways 38-65 11th Street LLCOtherPre-Seed$4.6M80%
Edgehill 405 Broadway, LLCOtherSeries A$45.6M79%
East K Street 215, LlcOtherPre-Seed$5.0M77%
Fifth Street Partners LLCOtherSeed$45.5M77%
409 William, LLCOtherSeries B$167.2M77%
Vital Lower East Side, LlcOtherSeries A$6.5M77%
Leo 11, LLCOtherPre-Seed$23.1M76%
Frequently asked
How much funding has 11Th Street 350, Llc raised?
11Th Street 350, Llc has raised approximately $980K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is 11Th Street 350, Llc's estimated valuation?
Provath's modeled valuation for 11Th Street 350, Llc is approximately $3.8M (modeled range $373K–$18.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 11Th Street 350, Llc at?
11Th Street 350, Llc's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Apr 17.
What does 11Th Street 350, Llc do and where is it based?
11Th Street 350, Llc operates in the Other sector, based in MUKILTEO.
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