Companies · Food & Beverage

Belle Isle Craft Spirits, Inc.

RICHMOND · Food & Beverage · refined from filed group “Other

Diligence memoA one-page analyst read on Belle Isle Craft Spirits, Inc. — recommendation, valuation, rhythm, risks.
$11.4M
Total raised · real
5
Rounds
0.8×
Latest step-up
Top 9%
Sector rank · raised
Series A
Latest stage · inferred · Wed Sep 04 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Belle Isle Craft Spirits, Inc. looks under-valued against its niche peers and is quiet 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.

Under-valued
  • Modeled value is 0.16× the median modeled value of Series A Food & Beverage companies in 2022–2024 (19 peers) — value vs value, same stage and era.
Quiet
  • Last raise 22 mo ago; this sector typically re-raises about every 15 months.
  • Slightly overdue versus sector cadence.
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 Food & Beverage

Belle Isle Craft Spirits, Inc. is one of 567 Food & Beverage companies tracked from RICHMOND. By capital raised it ranks among the largest (ahead of 92% of sector peers), and mid-pack 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
Rule 506(b)
Reg D exemption
6
Investors (latest)
2024-09-04
First sale
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$200MPre-Seed · 2014-01-15 Raised $280K (real) Modeled valuation $6.5M (est)$280K$6.5MPre-Seed2014Series A · 2019-09-27 Raised $7.9M (real) Modeled valuation $119M (est)$7.9M$119MSeries A2019Series A · 2020-11-04 Raised $350K (real) Modeled valuation $4.8M (est)$350K$4.8MSeries A2020Series A · 2022-06-26 Raised $1.7M (real) Modeled valuation $14M (est)$1.7M$14MSeries A2022Series A · 2024-09-04 Raised $1.2M (real) Modeled valuation $5.4M (est)$1.2M$5.4MSeries A2024+$7.9M+$350K+$1.7M+$1.2MCumulative $11M

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
Pre-Seed$280K · 2014
Series A$7.9M · 2019no Seed on file
Series A extension$350K · 2020
Series A extension$1.7M · 2022
Series A extension$1.2M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$5.4M
Base estimate est.
$1.7M
Conservative case
$11.1M
Upside case
$5.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $6.5M · 2014-01-152014Series A · modeled $119.5M · 2019-09-27Series A · modeled $4.8M · 2020-11-04Series A · modeled $13.8M · 2022-06-26Series A · modeled $5.4M · 2024-09-042024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
32 mo
Avg between rounds
$1.1M/yr
Capital velocity
12.5 yr
On record since
2014
First round
5
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. 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) 9.5× above median
This company$11.4M
Sector median$1.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$1.2M
Sector median$5.0M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$5.4M
Sector median$10.6M

Raised more than 92% of sector peers (real $). Modeled value above 55% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #19 of 19.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)VNGR Beverage, LLC · Series A Raised $27.4M · modeled $104.9M (est)Old Bourbon County Distillery LLC · Series A Raised $10.4M · modeled $54.1M (est)Arrow&Branch Winery, Llc · Series A Raised $7.8M · modeled $49.6M (est)Roar Beverages, Inc. · Series A Raised $35.1M · modeled $49.1M (est)Theo Chocolate, Inc. · Series A Raised $13.0M · modeled $42.7M (est)Nosotros Life & Spirits, Inc. · Series A Raised $7.0M · modeled $42.2M (est)Vide Beverages Inc. · Series A Raised $8.1M · modeled $41.0M (est)Ohio River Beverages, LLC · Series A Raised $6.4M · modeled $39.8M (est)Update Beverages Inc. · Series A Raised $8.0M · modeled $34.6M (est)Fierce Whiskers Distillery, LLC · Series A Raised $5.7M · modeled $33.6M (est)Chocolate Holdings, Inc. · Series A Raised $7.7M · modeled $31.6M (est)Hawaiian Ola Brewing Corp · Series A Raised $9.0M · modeled $31.3M (est)Belle Isle Craft Spirits, Inc. (this company) Raised $11.4M · modeled $5.4M (est)Belle Isle Craft Spirits, Inc.
CompanyStageRaised · realValue · estvs peer med.
VNGR Beverage, LLCSeries A$27.4M$104.9M3.13×
Old Bourbon County Distillery LLCSeries A$10.4M$54.1M1.61×
Arrow&Branch Winery, LlcSeries A$7.8M$49.6M1.48×
Roar Beverages, Inc.Series A$35.1M$49.1M1.46×
Theo Chocolate, Inc.Series A$13.0M$42.7M1.27×
Nosotros Life & Spirits, Inc.Series A$7.0M$42.2M1.26×
Vide Beverages Inc.Series A$8.1M$41.0M1.22×
Ohio River Beverages, LLCSeries A$6.4M$39.8M1.19×
Update Beverages Inc.Series A$8.0M$34.6M1.03×
Fierce Whiskers Distillery, LLCSeries A$5.7M$33.6M1.00×
Chocolate Holdings, Inc.Series A$7.7M$31.6M0.94×
Hawaiian Ola Brewing CorpSeries A$9.0M$31.3M0.93×
Belle Isle Craft Spirits, Inc. this companySeries A$11.4M$5.4M0.16×
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.
Pre-Seed$280K2014-01-15$1.6M$6.5M85%
Series A$7.9M2019-09-27$35.9M$119.5M90%
Series A$350K2020-11-04$1.6M$4.8M90%
Series A$1.7M2022-06-26$7.5M$13.8M90%
Series A$1.2M2024-09-04$5.6M$5.4M90%
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. Pre-Seed$280K2014-01-15
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Series A$7.9M2019-09-27
    • Raised again after 68 mo — slower than the ~15 mo sector norm.
    • Round 28.2× larger than the prior — scaling up.
    • 80 investors on this round.
  3. Series A$350K2020-11-04
    • Raised 13 mo later, in step with the ~15 mo sector norm.
    • Round 22.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Series A$1.7M2022-06-26
    • Raised 20 mo later, in step with the ~15 mo sector norm.
    • Round 4.7× larger than the prior — scaling up.
    • 44 investors on this round.
  5. Series A$1.2M2024-09-04
    • Raised again after 26 mo — slower than the ~15 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 6 investors on this round.
Intelligence
2027 ~Q2
Modeled next raise · ~32mo cadence
$1.2M
Modeled next size est.range $1.2M$2.0M
0.8×
Last step-up
$1.1M/yr
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
Alex Lukianov2 other2020-11
Brian Marks2 other2014-01
BRIAN QUIGLEY2 other2022-06
Alex Wotring2014-01
Dan Lawrence2020-11
Michael Malloy2022-06
Mike Mallow2020-11
Mike Provance2022-06
Vincent Riggi2014-01
Registry & provenance

Belle Isle Craft Spirits, Inc. 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
1598715
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
Wholesome Spirits Inc.Food & BeverageSeries A$8.8M$6.9Msame sector · same stage
Pure Madness Brewery Group, LLCFood & BeverageSeries A$16.0M$11.0Msame sector · same stage
Tost Beverages, Inc.Food & BeverageSeries A$7.9M$3.4Msame sector · same stage
Wisconsin Brewing Company, LLCFood & BeverageSeries A$16.8M$6.2Msame sector · same stage
Tahoe Spirits, Inc.Food & BeverageSeries A$18.2M$5.7Msame sector · same stage
Hamilton Distillers Group, Inc.Food & BeverageSeries A$7.1M$1.4Msame sector · same stage
Drake's Organic Spirits, Inc.Food & BeverageSeries A$24.6M$8.1Msame sector · same stage
Sustainable Beverage Technologies Inc.Food & BeverageSeries A$25.1M$3.5Msame 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
Belle Meade Spirits, LLCFood & BeverageSeed$13.7M92%
Barrell Craft Spirits, LLCFood & BeverageSeed$61.4M85%
B&M Craft Spirits, LlcFood & BeverageSeed$2.4M84%
Cardinal Spirits LLCFood & BeveragePre-Seed$2.9M83%
Willie's Distillery, Inc.Food & BeverageSeed$37.2M83%
Jersey Shore Spirits IncFood & BeveragePre-Seed$1.4M83%
O'Shevlin Spirits LLCFood & BeveragePre-Seed$5.1M82%
Brown Water Spirits LLCFood & BeveragePre-Seed$16.2M81%
Frequently asked
How much funding has Belle Isle Craft Spirits, Inc. raised?
Belle Isle Craft Spirits, Inc. has raised approximately $11.4M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Belle Isle Craft Spirits, Inc.'s estimated valuation?
Provath's modeled valuation for Belle Isle Craft Spirits, Inc. is approximately $5.4M (modeled range $1.7M–$11.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Belle Isle Craft Spirits, Inc. at?
Belle Isle Craft Spirits, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Sep 04.
What does Belle Isle Craft Spirits, Inc. do and where is it based?
Belle Isle Craft Spirits, Inc. operates in the Food & Beverage sector, based in RICHMOND.
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