Companies · Other

Alterna Tax Certificate Fund I Lp

FORT LAUDERDALE · Other

Diligence memoA one-page analyst read on Alterna Tax Certificate Fund I Lp — recommendation, valuation, rhythm, risks.
$2.8M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 46%
Sector rank · raised
Seed
Latest stage · inferred · Fri Jun 27 2008 00:00:00 GMT+0000 (Coordinated Universal Time)

Alterna Tax Certificate Fund I Lp looks fair against its niche peers and is dormant on financing cadence.

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

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.25× the median modeled value of Seed Other companies in 2007–2009 (281 peers) — value vs value, same stage and era.
  • Within the normal band (125% of peer median) for its niche.
Dormant
  • Last raise 18.0 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.

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

Issuer-vehicle patternmedium confidence

Alterna Tax Certificate Fund I Lp 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
18.0 yr record
Peak capital year was 2008 with $2.8M across 2 filings.
Market position
ahead of 55% of Other peers
Capital scale is ahead of 55% of Other peers; modeled value is above 70% 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
Lower 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.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2008: $2.8M across 2 filings.
  • Largest single filing was $2.5M on 2008-06-27.
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 Other

Alterna Tax Certificate Fund I Lp is one of 25008 Other companies tracked from FORT LAUDERDALE. By capital raised it ranks mid-pack (ahead of 55% of sector peers), and in the upper tier 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
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$13M$25M$38M$50MSeed · 2008-06-27 Raised $2.5M (real) Modeled valuation $46M (est)$2.5M$46MSeed2008Pre-Seed · 2008-06-27 Raised $250K (real) Modeled valuation $5.8M (est)$250K$5.8MPre-Seed2008+$250KCumulative $2.8M

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
Seed$2.5M · 2008
Bridge · Seed-stage$250K · 2008smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$46.5M
Base estimate est.
$2.3M
Conservative case
$364.6M
Upside case
$12.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $46.5M · 2008-06-272008Pre-Seed · modeled $5.8M · 2008-06-272008
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
18.0 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
18.0 yr
On record since
2008
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 1.3× above median
This company$2.8M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$250K
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 2.6× above median
This company$46.5M
Sector median$17.7M

Raised more than 55% of sector peers (real $). Modeled value above 70% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #98 of 281.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Secret Ridge Estates, L.L.C. · Seed Raised $4.0M · modeled $74.4M (est)EPI Holdings · Seed Raised $4.0M · modeled $74.4M (est)Northshore Beverage Co LLC · Seed Raised $4.0M · modeled $74.4M (est)Haney Transportation & Logistics, LLC · Seed Raised $4.0M · modeled $74.4M (est)Pbsj Corp /Fl/ · Seed Raised $4.0M · modeled $74.4M (est)Pluribus Entertainment LLC · Seed Raised $4.0M · modeled $74.4M (est)Claros Diagnostics Inc · Seed Raised $4.0M · modeled $74.4M (est)Daylife Inc · Seed Raised $4.0M · modeled $74.4M (est)Ecu Silver Mining Inc · Seed Raised $4.0M · modeled $74.1M (est)WeGame.com Inc · Seed Raised $3.9M · modeled $73.4M (est)Happy Days The Musical Lp · Seed Raised $7.4M · modeled $72.7M (est)Arapaho Capital Corp. · Seed Raised $3.9M · modeled $72.5M (est)Alterna Tax Certificate Fund I Lp (this company) Raised $2.8M · modeled $46.5M (est)Alterna Tax Certificate Fund I Lp
CompanyStageRaised · realValue · estvs peer med.
Secret Ridge Estates, L.L.C.Seed$4.0M$74.4M2.00×
EPI HoldingsSeed$4.0M$74.4M2.00×
Northshore Beverage Co LLCSeed$4.0M$74.4M2.00×
Haney Transportation & Logistics, LLCSeed$4.0M$74.4M2.00×
Pbsj Corp /Fl/Seed$4.0M$74.4M2.00×
Pluribus Entertainment LLCSeed$4.0M$74.4M2.00×
Claros Diagnostics IncSeed$4.0M$74.4M2.00×
Daylife IncSeed$4.0M$74.4M2.00×
Ecu Silver Mining IncSeed$4.0M$74.1M1.99×
WeGame.com IncSeed$3.9M$73.4M1.97×
Happy Days The Musical LpSeed$7.4M$72.7M1.96×
Arapaho Capital Corp.Seed$3.9M$72.5M1.95×
Alterna Tax Certificate Fund I Lp this companySeed$2.8M$46.5M1.25×
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.
Seed$2.5M2008-06-27$12.5M$46.5M90%
Pre-Seed$250K2008-06-27$1.4M$5.8M90%
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. Seed$2.5M2008-06-27
    • First recorded raise — entered as Seed.
  2. Pre-Seed$250K2008-06-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 10.0× smaller than the prior — bridge or down round.
Intelligence
Modeled next raise
$250K
Modeled next size est.range $250K$400K
0.1×
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
Robert Konrad2 other2008-06
Albert Friedman2008-06
Registry & provenance

Alterna Tax Certificate Fund I Lp 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
1465500
SEC CIK
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
Wolverine Minerals Corp.OtherSeed$2.8M$48.2Msame sector · same stage
Nextdish CorpOtherSeed$2.8M$44.6Msame sector · same stage
Embee Mobile, Inc.OtherSeed$2.7M$45.5Msame sector · same stage
Hometown International, Inc.OtherSeed$2.7M$46.5Msame sector · same stage
LiveMagic, Inc.OtherSeed$2.9M$47.4Msame sector · same stage
Crave Global, Inc.OtherSeed$2.6M$46.2Msame sector · same stage
BioTork LLCOtherSeed$2.9M$45.2Msame sector · same stage
Remembrance Group, Inc.OtherSeed$2.9M$46.7Msame sector · same stage
Frequently asked
How much funding has Alterna Tax Certificate Fund I Lp raised?
Alterna Tax Certificate Fund I Lp has raised approximately $2.8M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Alterna Tax Certificate Fund I Lp's estimated valuation?
Provath's modeled valuation for Alterna Tax Certificate Fund I Lp is approximately $46.5M (modeled range $2.3M–$364.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Alterna Tax Certificate Fund I Lp at?
Alterna Tax Certificate Fund I Lp's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Jun 27.
What does Alterna Tax Certificate Fund I Lp do and where is it based?
Alterna Tax Certificate Fund I Lp operates in the Other sector, based in FORT LAUDERDALE.
Explore related

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