Diligence memo · auto-generated · as of July 2, 2026
509 Carnation, LLC
509 Carnation, LLC looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
509 Carnation, LLC operates in Construction, based in Palos Heights.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
509 Carnation, LLC has raised $750K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $750K on 2023-09-21.
Most recent recorded round closed around 2023-09-21.
Valuation (modeled)modeled
Provath models 509 Carnation, LLC at approximately $2.8M (range $500K–$12M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.60× the median modeled value of Pre-Seed Construction companies in 2022–2024 (52 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 2.8 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 57% of Construction peers (1338 compared).
Modeled value ranks above 54% of those peers.
Closest niche peers: T H S Constructors, Inc., Panelite, L.L.C., Kamiak Phinney Ltd Liability Co, Roof Holdings, LLC, 310 Helio, LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.