Companies · Construction

19th & MERCER PARTNERS LLC

SEATTLE · Construction

Diligence memoA one-page analyst read on 19th & MERCER PARTNERS LLC — recommendation, valuation, rhythm, risks.→
$5.8M
Total raised · real
1
Rounds
—
Latest step-up
Top 19%
Sector rank · raised
Series A
Latest stage · inferred · Fri Aug 17 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

19th & MERCER PARTNERS 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 construction 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 1.00× the median modeled value of Series A Construction companies in 2010–2012 (16 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 13.9 yr ago; this sector typically re-raises about every 12 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

19th & MERCER PARTNERS 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
14.1 yr record
Peak capital year was 2012 with $5.8M across 1 filings.
Market position
ahead of 82% of Construction peers
Capital scale is ahead of 82% of Construction peers; modeled value is above 87% 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
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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2012: $5.8M across 1 filings.
  • Largest single filing was $5.8M on 2012-08-17.
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 Construction

19th & MERCER PARTNERS LLC is one of 1338 Construction companies tracked from SEATTLE. By capital raised it ranks in the upper tier (ahead of 82% 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
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 · 2012-08-17 Raised $5.8M (real) Modeled valuation $36M (est)$5.8M$36MSeries A2012

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$5.8M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$35.8M
Base estimate est.
$8.0M
Conservative case
$194.8M
Upside case
$26.6M
Modeled post-money

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

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.16×/yr
Annual markup
1.46×/yr upside case
6.0 yr
Elapsed time used
13.9 yr actual, capped for stale marks
construction
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
14.1 yr
On record since
2012
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1338 companies in Construction. 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)▲ 2.4× above median
This company$5.8M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage)▼ 0.9× of median
This company$5.8M
Sector median$6.3M
Modeled value — vs sector median (estimate, all stages)▲ 3.6× above median
This company$35.8M
Sector median$9.9M

Raised more than 82% of sector peers (real $). Modeled value above 87% 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 #9 of 16.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Belle Hill Manor, LP · Series A Raised $12.7M · modeled $77.9M (est)Yards Phase C Limited Partnership · Series A Raised $12.5M · modeled $76.7M (est)NTS Holdings, Inc. · Series A Raised $10.0M · modeled $61.2M (est)3rd Street Development, LLC · Series A Raised $9.9M · modeled $60.6M (est)Flatiron Construction Corp. · Series A Raised $9.2M · modeled $56.3M (est)CTT Investor, LLC · Series A Raised $7.2M · modeled $44.1M (est)United-Bilt Homes, L.L.C. · Series A Raised $6.9M · modeled $42.2M (est)Sfa 1411 Associates, Lp · Series A Raised $5.9M · modeled $36.1M (est)UB Investors, L.P. · Series A Raised $5.5M · modeled $33.4M (est)Lakeshore Apartments Associates, LLC · Series A Raised $5.0M · modeled $30.6M (est)Milltowne Associates, LP · Series A Raised $4.6M · modeled $28.4M (est)19th & MERCER PARTNERS LLC (this company) Raised $5.8M · modeled $35.8M (est)19th & MERCER PARTNERS LLC
CompanyStageRaised · realValue · estvs peer med.
Belle Hill Manor, LPSeries A$12.7M$77.9M2.17×
Yards Phase C Limited PartnershipSeries A$12.5M$76.7M2.13×
NTS Holdings, Inc.Series A$10.0M$61.2M1.70×
3rd Street Development, LLCSeries A$9.9M$60.6M1.69×
Flatiron Construction Corp.Series A$9.2M$56.3M1.57×
CTT Investor, LLCSeries A$7.2M$44.1M1.23×
United-Bilt Homes, L.L.C.Series A$6.9M$42.2M1.17×
Sfa 1411 Associates, LpSeries A$5.9M$36.1M1.00×
19th & MERCER PARTNERS LLC this companySeries A$5.8M$35.8M1.00×
UB Investors, L.P.Series A$5.5M$33.4M0.93×
Lakeshore Apartments Associates, LLCSeries A$5.0M$30.6M0.85×
Milltowne Associates, LPSeries A$4.6M$28.4M0.79×
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$5.8M2012-08-17$26.6M$35.8M90%
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. Series A$5.8M2012-08-17
    • First recorded raise — entered as Series A.
Intelligence
—
Modeled next raise
$9.4M
Modeled next size est.range $6.1M–$15.0M
—
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
FREDERICK W. HINES, JR.——2012-08
JOEL P. ASLANIAN——2012-08
ROBERT P. BRISCOE——2012-08
Registry & provenance

19th & MERCER PARTNERS 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
1554130
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
Vac One Services, LLCConstructionSeries A$5.8M$35.8Msame sector · same stage
Struction IncConstructionSeries A$5.9M$13.7Msame sector · same stage
Rowlock Apartments, LLCConstructionSeries A$5.9M$16.0Msame sector · same stage
Sfa 1411 Associates, LpConstructionSeries A$5.9M$36.1Msame sector · same stage
125 Via Vizcaya LLCConstructionSeries A$5.8M$23.5Msame sector · same stage
1000 James Apartments LLCConstructionSeries A$5.9M$27.7Msame sector · same stage
Regan Square LLCConstructionSeries A$5.7M$20.2Msame sector · same stage
Page Landing LLCConstructionSeries A$6.0M$36.7Msame sector · same stage
Frequently asked
How much funding has 19th & MERCER PARTNERS LLC raised?
19th & MERCER PARTNERS LLC has raised approximately $5.8M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is 19th & MERCER PARTNERS LLC's estimated valuation?
Provath's modeled valuation for 19th & MERCER PARTNERS LLC is approximately $35.8M (modeled range $8.0M–$194.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 19th & MERCER PARTNERS LLC at?
19th & MERCER PARTNERS LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Aug 17.
What does 19th & MERCER PARTNERS LLC do and where is it based?
19th & MERCER PARTNERS LLC operates in the Construction sector, based in SEATTLE.
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