Diligence memo · auto-generated · as of July 2, 2026
Better Bites Bakery LLC
Better Bites Bakery LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Better Bites Bakery LLC operates in Food & Beverage, based in AUSTIN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Better Bites Bakery LLC has raised $1.6M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $600K on 2018-08-10.
Most recent recorded round closed around 2019-12-02.
Valuation (modeled)modeled
Provath models Better Bites Bakery LLC at approximately $6.9M (range $200K–$79M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.92× the median modeled value of Pre-Seed Food & Beverage companies in 2019–2021 (57 peers) — value vs value, same stage and era. Within the normal band (92% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 28 months.
Last raise 6.6 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 70% of Food & Beverage peers (567 compared).
Modeled value ranks above 60% of those peers.
Closest niche peers: Belbridge Brewing Company, Llc, I & A Agave Spirits LLC, J&L Eppig Brewing LLC, DC Brau Brewing LLC, Virago Spirits, LLC.
Peoplefiled
1 named person 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.