Companies · Restaurants

16 Lots Brewing Co South, LLC

NEWPORT · Restaurants

Diligence memoA one-page analyst read on 16 Lots Brewing Co South, LLC — recommendation, valuation, rhythm, risks.
$350K
Total raised · real
1
Rounds
0.5×
Latest step-up
Top 76%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Sat Apr 23 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

16 Lots Brewing Co South, LLC 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 restaurants 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 1.23× the median modeled value of Pre-Seed Restaurants companies in 2022–2024 (144 peers) — value vs value, same stage and era.
  • Within the normal band (123% of peer median) for its niche.
Dormant
  • Last raise 4.2 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.

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

Issuer-vehicle patternmedium confidence

16 Lots Brewing Co South, 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
4.2 yr record
Peak capital year was 2022 with $525K across 2 filings.
Market position
ahead of 25% of Restaurants peers
Capital scale is ahead of 25% of Restaurants peers; modeled value is above 26% 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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
  • Legal name looks like an issuer vehicle rather than a product company.
  • 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: $525K across 2 filings.
  • Largest single filing was $350K on 2022-04-23.
  • Filing rows sum to $525K, while canonical raised total is $350K; 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.
  • 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 Restaurants

16 Lots Brewing Co South, LLC is one of 2292 Restaurants companies tracked from NEWPORT. By capital raised it ranks in the long tail (ahead of 25% 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.

food-beverage

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2022
Year incorporated
2022-04-23
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$500K$1.0M$1.5M$2.0MPre-Seed · 2022-04-23 Raised $350K (real) Modeled valuation $1.1M (est)$350K$1.1MPre-Seed2022Pre-Seed · 2022-04-23 Raised $175K (real) Modeled valuation $543K (est)$175K$543KPre-Seed2022+$175KCumulative $525K

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$350K · 2022
Pre-Seed extension$175K · 2022

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

Modeled valuation trajectory
$1.1M
Base estimate est.
$196K
Conservative case
$7.1M
Upside case
$1.9M
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 scaled by the restaurants sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.1M · 2022-04-232022Pre-Seed · modeled $543K · 2022-04-232022
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
25%
Survival probability
10% low · 46% high
1.21×/yr
Annual markup
1.64×/yr upside case
4.2 yr
Elapsed time used
4.2 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
4.2 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 0.4× of median
This company$350K
Sector median$900K
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$175K
Sector median$360K
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$1.1M
Sector median$2.6M

Raised more than 25% of sector peers (real $). Modeled value above 26% 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 #53 of 144.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Bottle Theory, Llc · Pre-Seed Raised $1.0M · modeled $3.1M (est)Grog Shop Enterprises Llc · Pre-Seed Raised $950K · modeled $3.1M (est)FC Development, Corp. · Pre-Seed Raised $1.0M · modeled $3.1M (est)T&S Coffee III, LLC · Pre-Seed Raised $993K · modeled $3.1M (est)Heavenly Hops, LLC · Pre-Seed Raised $882K · modeled $2.8M (est)OHMI Coffee, LLC · Pre-Seed Raised $1.0M · modeled $2.8M (est)POLLYANNA BREWING Co · Pre-Seed Raised $1.1M · modeled $2.7M (est)Commercial Street Restaurant Group LLC · Pre-Seed Raised $880K · modeled $2.7M (est)Music Lane Vinyl, Llc · Pre-Seed Raised $865K · modeled $2.6M (est)Utah Botellas Group, LLC · Pre-Seed Raised $825K · modeled $2.6M (est)Jojo'S Shakebar Llc · Pre-Seed Raised $800K · modeled $2.6M (est)Snider Hilltop Opco Llc · Pre-Seed Raised $800K · modeled $2.5M (est)16 Lots Brewing Co South, LLC (this company) Raised $350K · modeled $1.1M (est)16 Lots Brewing Co South, LLC
CompanyStageRaised · realValue · estvs peer med.
Bottle Theory, LlcPre-Seed$1.0M$3.1M3.54×
Grog Shop Enterprises LlcPre-Seed$950K$3.1M3.54×
FC Development, Corp.Pre-Seed$1.0M$3.1M3.50×
T&S Coffee III, LLCPre-Seed$993K$3.1M3.49×
Heavenly Hops, LLCPre-Seed$882K$2.8M3.21×
OHMI Coffee, LLCPre-Seed$1.0M$2.8M3.14×
POLLYANNA BREWING CoPre-Seed$1.1M$2.7M3.10×
Commercial Street Restaurant Group LLCPre-Seed$880K$2.7M3.02×
Music Lane Vinyl, LlcPre-Seed$865K$2.6M3.00×
Utah Botellas Group, LLCPre-Seed$825K$2.6M2.97×
Jojo'S Shakebar LlcPre-Seed$800K$2.6M2.90×
Snider Hilltop Opco LlcPre-Seed$800K$2.5M2.82×
16 Lots Brewing Co South, LLC this companyPre-Seed$350K$1.1M1.23×
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$350K2022-04-23$1.9M$1.1M90%
Pre-Seed$175K2022-04-23$972K$543K90%
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$350K2022-04-23
    • First recorded raise — entered as Pre-Seed.
    • 9 investors on this round.
  2. Pre-Seed$175K2022-04-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
Modeled next raise
$175K
Modeled next size est.range $175K$280K
0.5×
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
Michael Burton4 other2022-04
Registry & provenance

16 Lots Brewing Co South, 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
1929215
SEC CIK
2022
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
24 New Albany LLCRestaurantsPre-Seed$350K$1.1Msame sector · same stage
EBY Hospitality Group LLCRestaurantsPre-Seed$350K$874Ksame sector · same stage
Studio Kitchen LlcRestaurantsPre-Seed$350K$1.3Msame sector · same stage
Upshur Burger Concepts Parent, LLCRestaurantsPre-Seed$350K$992Ksame sector · same stage
Panhandler's Pizza, LLCRestaurantsPre-Seed$346K$1.3Msame sector · same stage
Mozz Artisan Pizza, LLCRestaurantsPre-Seed$355K$1.3Msame sector · same stage
Otr Kc, LlcRestaurantsPre-Seed$360K$824Ksame sector · same stage
11 Fan Pier Restaurant, LLCRestaurantsPre-Seed$375K$1.2Msame 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
Big Trout Brewing Company, INCRestaurantsPre-Seed$3.0M83%
Gorges Brewing LLCRestaurantsSeed$8.4M83%
16 Lots Brewing Company, LLCRetailingPre-Seed$4.6M82%
734 Brewing Company, Inc.RestaurantsPre-Seed$1.3M82%
Out of Bounds Brewing Co LLCRestaurantsSeed$8.1M82%
Fenders Brewing, LLCRestaurantsPre-Seed$636K82%
Totality Brewing, LLCRestaurantsPre-Seed$954K82%
Biscayne Bay Brewing Company, LLCRestaurantsPre-Seed$4.4M81%
Frequently asked
How much funding has 16 Lots Brewing Co South, LLC raised?
16 Lots Brewing Co South, LLC has raised approximately $350K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is 16 Lots Brewing Co South, LLC's estimated valuation?
Provath's modeled valuation for 16 Lots Brewing Co South, LLC is approximately $1.1M (modeled range $196K–$7.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 16 Lots Brewing Co South, LLC at?
16 Lots Brewing Co South, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Sat Apr 23.
What does 16 Lots Brewing Co South, LLC do and where is it based?
16 Lots Brewing Co South, LLC operates in the Restaurants sector, based in NEWPORT.
Explore related

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