Diligence memo · auto-generated · as of July 2, 2026
43 West 24th St. Rest., LLC
43 West 24th St. Rest., LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
43 West 24th St. Rest., LLC operates in Restaurants, based in NEW YORK CITY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
43 West 24th St. Rest., LLC has raised $3.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.3M on 2008-06-05.
Most recent recorded round closed around 2009-12-23.
Valuation (modeled)modeled
Provath models 43 West 24th St. Rest., LLC at approximately $3.7M (range $794K–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.57× the median modeled value of Seed Restaurants companies in 2007–2009 (21 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 16.5 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 80% of Restaurants peers (2292 compared).
Modeled value ranks above 60% of those peers.
Closest niche peers: Sutol Associates LLC, Habit Restaurants LLC, Las Vegas Pizza LLC, Susan Feniger's Street, LLC, Straits Houston City Center, LLC.
Peoplefiled
2 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.