Companies · Lodging and Conventions

1601 State Street Hotel Investors, L.P.

SANTA BARBARA · Lodging and Conventions

Diligence memoA one-page analyst read on 1601 State Street Hotel Investors, L.P. — recommendation, valuation, rhythm, risks.
$22.8M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 5%
Sector rank · raised
Series A
Latest stage · inferred · Wed Feb 09 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

1601 State Street Hotel Investors, L.P. 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 lodging 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 0.83× the median modeled value of Series A Lodging and Conventions companies in 2022–2024 (28 peers) — value vs value, same stage and era.
  • Within the normal band (83% of peer median) for its niche.
Dormant
  • Last raise 4.4 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
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 Lodging and Conventions

1601 State Street Hotel Investors, L.P. is one of 514 Lodging and Conventions companies tracked from SANTA BARBARA. By capital raised it ranks among the largest (ahead of 96% 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
4
Investors (latest)
2022-02-09
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$13M$25M$38M$50MSeries A · 2012-10-10 Raised $7.0M (real) Modeled valuation $33M (est)$7.0M$33MSeries A2012Seed · 2018-05-10 Raised $3.2M (real) Modeled valuation $18M (est)$3.2M$18MSeed2018Series A · 2018-05-10 Raised $9.2M (real) Modeled valuation $43M (est)$9.2M$43MSeries A2018Series A · 2022-02-09 Raised $6.6M (real) Modeled valuation $25M (est)$6.6M$25MSeries A2022Series A · 2022-02-09 Raised $5.4M (real) Modeled valuation $21M (est)$5.4M$21MSeries A2022Series A · 2022-02-09 Raised $4.5M (real) Modeled valuation $17M (est)$4.5M$17MSeries A2022+$3.2M+$9.2M+$6.6M+$5.4M+$4.5MCumulative $36M

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
Series A$7.0M · 2012
Bridge · Series A-stage$3.2M · 2018smaller follow-on
Series A extension$9.2M · 2018
Series A extension$6.6M · 2022
Series A extension$5.4M · 2022
Series A extension$4.5M · 2022

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: 67%.

Modeled valuation trajectory
$25.3M
Base estimate est.
$8.0M
Conservative case
$95.1M
Upside case
$30.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the lodging sector profile. Directional, not a quoted figure.

Series A · modeled $32.6M · 2012-10-102012Seed · modeled $18.1M · 2018-05-10Series A · modeled $42.9M · 2018-05-10Series A · modeled $25.3M · 2022-02-09Series A · modeled $20.7M · 2022-02-09Series A · modeled $17.1M · 2022-02-092022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
48%
Survival probability
26% low · 66% high
1.13×/yr
Annual markup
1.43×/yr upside case
4.4 yr
Elapsed time used
4.4 yr actual, capped for stale marks
lodging
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$2.4M/yr
Capital velocity
13.7 yr
On record since
2012
First round
6
Rounds on file
How it compares to the market

Benchmarked against 514 companies in Lodging and Conventions. 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) 9.1× above median
This company$22.8M
Sector median$2.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.6× of median
This company$4.5M
Sector median$7.0M
Modeled value — vs sector median (estimate, all stages) 2.3× above median
This company$25.3M
Sector median$10.8M

Raised more than 96% of sector peers (real $). Modeled value above 81% 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 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 #17 of 28.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Remcon Circle, LLC · Series A Raised $15.0M · modeled $53.5M (est)Lynden Hotel Group, LLC · Series A Raised $11.3M · modeled $42.2M (est)DH Stout Road, LLC · Series A Raised $13.0M · modeled $41.7M (est)Ashford Hospitality Holdings LLC · Series A Raised $9.5M · modeled $35.5M (est)Hotel Mankato, LLC · Series A Raised $13.7M · modeled $35.4M (est)Inn at the University Downtown LLC · Series A Raised $12.3M · modeled $35.0M (est)Eaton Hospitality Group, LLC · Series A Raised $11.6M · modeled $34.4M (est)8251 Amarillo Blvd (H2), LLC · Series A Raised $10.0M · modeled $33.7M (est)Longmont Hospitality Group, LLC · Series A Raised $8.8M · modeled $33.3M (est)DH Deerfield, LLC · Series A Raised $9.1M · modeled $32.8M (est)Ephraim Utah Hotel, LLC · Series A Raised $9.8M · modeled $32.4M (est)Omaha DT MM Investors, LLC · Series A Raised $10.0M · modeled $32.3M (est)1601 State Street Hotel Investors, L.P. (this company) Raised $22.8M · modeled $25.3M (est)1601 State Street Hotel Investors, L.P.
CompanyStageRaised · realValue · estvs peer med.
Remcon Circle, LLCSeries A$15.0M$53.5M1.75×
Lynden Hotel Group, LLCSeries A$11.3M$42.2M1.38×
DH Stout Road, LLCSeries A$13.0M$41.7M1.37×
Ashford Hospitality Holdings LLCSeries A$9.5M$35.5M1.16×
Hotel Mankato, LLCSeries A$13.7M$35.4M1.16×
Inn at the University Downtown LLCSeries A$12.3M$35.0M1.15×
Eaton Hospitality Group, LLCSeries A$11.6M$34.4M1.13×
8251 Amarillo Blvd (H2), LLCSeries A$10.0M$33.7M1.10×
Longmont Hospitality Group, LLCSeries A$8.8M$33.3M1.09×
DH Deerfield, LLCSeries A$9.1M$32.8M1.07×
Ephraim Utah Hotel, LLCSeries A$9.8M$32.4M1.06×
Omaha DT MM Investors, LLCSeries A$10.0M$32.3M1.06×
1601 State Street Hotel Investors, L.P. this companySeries A$22.8M$25.3M0.83×
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.
Series A$7.0M2012-10-10$31.7M$32.6M85%
Seed$3.2M2018-05-10$15.8M$18.1M90%
Series A$9.2M2018-05-10$41.7M$42.9M90%
Series A$6.6M2022-02-09$30.1M$25.3M90%
Series A$5.4M2022-02-09$24.7M$20.7M90%
Series A$4.5M2022-02-09$20.4M$17.1M90%
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. Series A$7.0M2012-10-10
    • First recorded raise — entered as Series A.
    • 38 investors on this round.
  2. Seed$3.2M2018-05-10
    • Raised again after 67 mo — slower than the ~12 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 21 investors on this round.
  3. Series A$9.2M2018-05-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.9× larger than the prior — scaling up.
    • 49 investors on this round.
  4. Series A$6.6M2022-02-09
    • Raised again after 45 mo — slower than the ~12 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series A$5.4M2022-02-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 3 investors on this round.
  6. Series A$4.5M2022-02-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~22mo cadence
$4.5M
Modeled next size est.range $4.5M$7.2M
0.8×
Last step-up
$2.4M/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
Andrew Firestone2 other2018-05
Jess Parker2 other2018-05
Registry & provenance

1601 State Street Hotel Investors, L.P. 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
1560920
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
1125 Garden Street Hotel Investors, L.P.Hospitality / TravelSeries A$10.0M$76.9Mnetwork2 shared operators · same stage
Sugarloaf Hotel LLCLodging and ConventionsSeries A$21.7M$27.9Msame sector · same stage
111 Commercial Court Investors, L.P.OtherSeries A$6.2M$20.4Mnetwork2 shared operators · same stage
TownPark Hotel, LLCLodging and ConventionsSeries A$18.2M$20.3Msame sector · same stage
Elevation Crested Butte, LLCLodging and ConventionsSeries A$16.8M$9.2Msame sector · same stage
La Crosse Hotel Group LLCLodging and ConventionsSeries A$16.2M$25.5Msame sector · same stage
CP Block A Member, LLCLodging and ConventionsSeries A$14.5M$31.9Msame sector · same stage
Hotel Mankato, LLCLodging and ConventionsSeries A$13.7M$35.4Msame 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
Hanford Hospitality Investors, L.P.Lodging and ConventionsPre-Seed$4.9M81%
Main Street Hospitality, LLCLodging and ConventionsSeed$7.3M79%
128 Main Street LLCLodging and ConventionsSeries A$34.8M79%
La Tourelle Partners, LLCLodging and ConventionsSeed$8.6M78%
Madison East DBL Lodging Investors, LLCLodging and ConventionsPre-Seed$4.2M78%
Seattle Hotel Investment LLCLodging and ConventionsSeed$20.7M78%
Pearl Hotel Investors, L.P.Hospitality / TravelSeries A$19.6M77%
Springfield Hotel, LLCLodging and ConventionsSeries A$20.7M77%
Frequently asked
How much funding has 1601 State Street Hotel Investors, L.P. raised?
1601 State Street Hotel Investors, L.P. has raised approximately $22.8M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is 1601 State Street Hotel Investors, L.P.'s estimated valuation?
Provath's modeled valuation for 1601 State Street Hotel Investors, L.P. is approximately $25.3M (modeled range $8.0M–$95.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 1601 State Street Hotel Investors, L.P. at?
1601 State Street Hotel Investors, L.P.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Feb 09.
What does 1601 State Street Hotel Investors, L.P. do and where is it based?
1601 State Street Hotel Investors, L.P. operates in the Lodging and Conventions sector, based in SANTA BARBARA.
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