Diligence memo · auto-generated · as of July 2, 2026
Bfc-Ink, Llc
Bfc-Ink, Llc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Bfc-Ink, Llc operates in Other, based in GRAND RAPIDS.
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
Bfc-Ink, Llc has raised $17M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2018-01-23.
Most recent recorded round closed around 2019-11-22.
Valuation (modeled)modeled
Provath models Bfc-Ink, Llc at approximately $26M (range $4.0M–$101M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.09× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 6.6 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 10.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 84% of Other peers (25015 compared).
Modeled value ranks above 60% of those peers.
Closest niche peers: MStar Holding Corp, Chlorum Solutions Llc, IFS Management Holdco, LLC, Benefit Recovery Group, LLC, Shenandoah Growers, Inc..
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.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.