Companies · Business Services

B.A. Elam LtdNew on the radar

KEW GARDENS · Business Services

Diligence memoA one-page analyst read on B.A. Elam Ltd — recommendation, valuation, rhythm, risks.
$25.0M
Total raised · real
1
Rounds
Latest step-up
Top 10%
Sector rank · raised
Series B
Latest stage · inferred · Thu Jan 08 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

B.A. Elam Ltd looks fair against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the business services sector profile.

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

Fair
  • Modeled value is 1.02× the median modeled value of Series B Business Services companies in 2025–2027 (23 peers) — value vs value, same stage and era.
  • Within the normal band (102% of peer median) for its niche.
Active
  • Last raise 6 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Business Services

B.A. Elam Ltd is one of 2439 Business Services companies tracked from KEW GARDENS. By capital raised it ranks among the largest (ahead of 91% 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
2025
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$50M$100M$150M$200MSeries B · 2026-01-08 Raised $25M (real) Modeled valuation $111M (est)$25M$111MSeries B2026

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 B$25.0M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$111.0M
Base estimate est.
$63.8M
Conservative case
$148.5M
Upside case
$138.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
69%
Survival probability
46% low · 85% high
1.34×/yr
Annual markup
1.63×/yr upside case
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.5 yr
On record since
2026
First round
New
First-time filer
How it compares to the market

Benchmarked against 2439 companies in Business Services. 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) 17× above median
This company$25.0M
Sector median$1.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.3× above median
This company$25.0M
Sector median$19.0M
Modeled value — vs sector median (estimate, all stages) 7.4× above median
This company$111.0M
Sector median$15.0M

Raised more than 91% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #10 of 23.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Victors Topco, L.P. · Series B Raised $39.8M · modeled $179.0M (est)Stipfi Rp Llc · Series B Raised $37.6M · modeled $174.8M (est)Perpetuity Project Ltd. · Series B Raised $33.5M · modeled $164.2M (est)Venture360, Inc. · Series B Raised $25.0M · modeled $146.7M (est)Black Football League LLC · Series B Raised $25.0M · modeled $136.2M (est)Castor Key Partners LLC · Series B Raised $30.0M · modeled $129.5M (est)Hickory AI, Inc. · Series B Raised $27.0M · modeled $129.1M (est)Benarative co · Series B Raised $25.0M · modeled $118.9M (est)Citizens Capital Corp · Series B Raised $36.0M · modeled $115.0M (est)LV Aqua Holdings LLC · Series B Raised $21.4M · modeled $110.0M (est)Duration Group Holdings LLC · Series B Raised $23.1M · modeled $108.8M (est)B.A. Elam Ltd (this company) Raised $25.0M · modeled $111.0M (est)B.A. Elam Ltd
CompanyStageRaised · realValue · estvs peer med.
Victors Topco, L.P.Series B$39.8M$179.0M1.64×
Stipfi Rp LlcSeries B$37.6M$174.8M1.61×
Perpetuity Project Ltd.Series B$33.5M$164.2M1.51×
Venture360, Inc.Series B$25.0M$146.7M1.35×
Black Football League LLCSeries B$25.0M$136.2M1.25×
Castor Key Partners LLCSeries B$30.0M$129.5M1.19×
Hickory AI, Inc.Series B$27.0M$129.1M1.19×
Benarative coSeries B$25.0M$118.9M1.09×
Citizens Capital CorpSeries B$36.0M$115.0M1.06×
B.A. Elam Ltd this companySeries B$25.0M$111.0M1.02×
LV Aqua Holdings LLCSeries B$21.4M$110.0M1.01×
Duration Group Holdings LLCSeries B$23.1M$108.8M1.00×
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 B$25.0M2026-01-08$138.9M$111.0M90%
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 B$25.0M2026-01-08
    • First recorded raise — entered as Series B.
Intelligence
Modeled next raise
$40.0M
Modeled next size est.range $26.0M$64.0M
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
Bryan Alexander Elam2026-01
Registry & provenance

B.A. Elam Ltd 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
2104161
SEC CIK
2025
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
Benarative coBusiness ServicesSeries B$25.0M$118.9Msame sector · same stage
Black Football League LLCBusiness ServicesSeries B$25.0M$136.2Msame sector · same stage
Income Advantage Fund Ii LlcBusiness ServicesSeries B$25.0M$96.3Msame sector · same stage
Ranger Software Group LLCBusiness ServicesSeries B$25.0M$162.4Msame sector · same stage
Venture360, Inc.Business ServicesSeries B$25.0M$146.7Msame sector · same stage
World Global Financing Inc.Business ServicesSeries B$25.0M$96.3Msame sector · same stage
Beze Ventures, Ltd.Business ServicesSeries B$25.5M$96.3Msame sector · same stage
Vibe HCM, Inc.Business ServicesSeries B$26.2M$56.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
JMFA Holdings Corp.Business ServicesSeries C$1.9B80%
Eka Solutions, Inc.Business ServicesSeries A$2.9M79%
BLC Holding Company, Inc.Business ServicesSeries A$203.8M79%
B&A Group, LLCBusiness ServicesSeed$33.2M78%
ABI Holdings LLCBusiness ServicesSeries B$182.9M78%
Cembra Holdings LLCBusiness ServicesSeries B$93.6M78%
Noviam Inc.Business ServicesPre-Seed$3.2M77%
Cpam 2K, LlcBusiness ServicesSeed$48.5M77%
Frequently asked
How much funding has B.A. Elam Ltd raised?
B.A. Elam Ltd has raised approximately $25.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is B.A. Elam Ltd's estimated valuation?
Provath's modeled valuation for B.A. Elam Ltd is approximately $111.0M (modeled range $63.8M–$148.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is B.A. Elam Ltd at?
B.A. Elam Ltd's latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Jan 08.
What does B.A. Elam Ltd do and where is it based?
B.A. Elam Ltd operates in the Business Services sector, based in KEW GARDENS.
Explore related

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

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