Diligence memo · auto-generated · as of July 2, 2026
86 Co
86 Co looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
86 Co operates in Manufacturing, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
86 Co has raised $1.9M 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: $1.0M on —.
Most recent recorded round closed around 2013-08-01.
Valuation (modeled)modeled
Provath models 86 Co at approximately $14M (range $612K–$156M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.97× the median modeled value of Pre-Seed Manufacturing companies in 2013–2015 (248 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 523 months.
Last raise 12.9 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 48% of Manufacturing peers (3256 compared).
Modeled value ranks above 54% of those peers.
Closest niche peers: Plusfoam Compound Technologies LLC, B. E. Peterson Inc., Selas Heat Technology Co LLC, On Track Enterprises, Inc., N P Design, Inc..
Peoplefiled
7 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.