Diligence memo · auto-generated · as of July 2, 2026
24 Watts Brand Development 1, LLC
24 Watts Brand Development 1, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
24 Watts Brand Development 1, LLC operates in Consumer / Retail, based in ATLANTA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
24 Watts Brand Development 1, LLC has raised $3.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.0M on 2021-04-05.
Most recent recorded round closed around 2021-04-05.
Valuation (modeled)modeled
Provath models 24 Watts Brand Development 1, LLC at approximately $16M (range $2.4M–$103M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.35× the median modeled value of Seed Consumer / Retail companies in 2019–2021 (29 peers) — value vs value, same stage and era. Within the normal band (135% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 5.2 yr ago; this sector typically re-raises about every 15 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 88% of Consumer / Retail peers (1161 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Local Store Identity, Inc., Shop Club, Inc., Brand Defender, Inc., Swell Commerce Corp., Shoptimize, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.