Diligence memo · auto-generated · as of July 2, 2026
Algonquin Cross Path Development CO LLC
Algonquin Cross Path Development CO LLC has raised $310M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Algonquin Cross Path Development CO LLC operates in Construction, based in CRANFORD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Algonquin Cross Path Development CO LLC has raised $310M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $255M on 2021-05-18.
Most recent recorded round closed around 2021-05-18.
Valuation (modeled)modeled
Provath models Algonquin Cross Path Development CO LLC at approximately $1.8B (range $1.4B–$3.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 5.1 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Construction peers (1338 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: A.M.E.N. Inc., 560 Marin Development Co LLC.
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.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.