Diligence memo · auto-generated · as of July 2, 2026
408 W15 Members LLC
408 W15 Members LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
408 W15 Members LLC operates in Restaurants, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
408 W15 Members LLC has raised $1.2M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $670K on 2011-12-14.
Most recent recorded round closed around 2011-12-14.
Valuation (modeled)modeled
Provath models 408 W15 Members LLC at approximately $2.9M (range $375K–$33M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.91× the median modeled value of Pre-Seed Restaurants companies in 2010–2012 (184 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 14.5 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 59% of Restaurants peers (2292 compared).
Modeled value ranks above 53% of those peers.
Closest niche peers: Eighty Five 75 LLC, McGrath's Publick Fish House, LLC, Bethesda Blues & Jazz, LLC, Bethesda Blues, LLC, La Corsha Restaurant Partners, Ltd..
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.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.