Companies · Investment Vehicle

68 Fund A LLC

LAS VEGAS · Investment Vehicle · refined from filed group “Other”

Diligence memoA one-page analyst read on 68 Fund A LLC — recommendation, valuation, rhythm, risks.→
$49.5M
Total raised · real
1
Rounds
—
Latest step-up
Top 11%
Sector rank · raised
Series C
Latest stage · inferred · Mon Jul 01 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

68 Fund A LLC has raised $50M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

68 Fund A 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
7.3 yr record
Peak capital year was 2019 with $49.5M across 1 filings.
Market position
ahead of 90% of Investment Vehicle peers
Capital scale is ahead of 90% of Investment Vehicle peers; modeled value is above 94% 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 2019: $49.5M across 1 filings.
  • Largest single filing was $49.5M on 2019-07-01.
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 Investment Vehicle

68 Fund A LLC is one of 1793 Investment Vehicle companies tracked from LAS VEGAS. By capital raised it ranks among the largest (ahead of 90% of sector peers), and among the largest 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
Rule 506(b)
Reg D exemption
2017
Year incorporated
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$250M$500M$750M$1.0BSeries C · 2019-07-01 Raised $50M (real) Modeled valuation $849M (est)$50M$849MSeries C2019

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 C$49.5M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$848.7M
Base estimate est.
$191.4M
Conservative case
$2.2B
Upside case
$330.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series C — a $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
7.3 yr
On record since
2019
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. 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)▲ 15× above median
This company$49.5M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage)▼ 1.0× of median
This company$49.5M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages)▲ 34× above median
This company$848.7M
Sector median$25.2M

Raised more than 90% of sector peers (real $). Modeled value above 94% of peers (estimate).

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 C$49.5M2019-07-01$330.0M$848.7M90%
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 C$49.5M2019-07-01
    • First recorded raise — entered as Series C.
Intelligence
—
Modeled next raise
$79.2M
Modeled next size est.range $51.5M–$126.7M
—
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
PAUL STEELMAN—1 other2019-07
Casey Spanish——2019-07
Matt Mahaney——2019-07
Registry & provenance

68 Fund A 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
1788951
SEC CIK
2017
Incorporated
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
ACI Group Holdings, Inc.Other Health CareGrowth/Late$598.6M$4.3Bnetwork1 shared operator
Frequently asked
How much funding has 68 Fund A LLC raised?
68 Fund A LLC has raised approximately $49.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is 68 Fund A LLC's estimated valuation?
Provath's modeled valuation for 68 Fund A LLC is approximately $848.7M (modeled range $191.4M–$2.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is 68 Fund A LLC at?
68 Fund A LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Jul 01.
What does 68 Fund A LLC do and where is it based?
68 Fund A LLC operates in the Investment Vehicle sector, based in LAS VEGAS.
Explore related

See where 68 Fund A LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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