Diligence memo · auto-generated · as of July 2, 2026
Back Story, LLC
Back Story, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Back Story, LLC operates in Other, based in ASPEN.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Back Story, LLC has raised $12M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.7M on 2020-06-18.
Most recent recorded round closed around 2021-12-16.
Valuation (modeled)modeled
Provath models Back Story, LLC at approximately $27M (range $2.3M–$143M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.97× the median modeled value of Seed Other companies in 2019–2021 (1101 peers) — value vs value, same stage and era. Within the normal band (97% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 4.5 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 80% of Other peers (25015 compared).
Modeled value ranks above 60% of those peers.
Closest niche peers: Esperos, Inc., AL International Holdings Inc., Clean Beam, LLC, SEAM Group Holdings, LLC, HemTex Holdings, LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.