Diligence memo · auto-generated · as of July 2, 2026

Bonfire Women Inc.

Bonfire Women Inc. looks over-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Bonfire Women Inc. operates in Business Services, based in Chicago.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Bonfire Women Inc. has raised $5.5M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $3.1M on 2023-05-17.

Most recent recorded round closed around 2023-05-17.

Valuation (modeled)modeled

Provath models Bonfire Women Inc. at approximately $23M (range $2.8M–$84M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 1.83× the median modeled value of Seed Business Services companies in 2022–2024 (98 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 17 months.

Last raise 3.1 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round stepped up 6.1× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 79% of Business Services peers (2439 compared).

Modeled value ranks above 67% of those peers.

Closest niche peers: Astralabs Inc., Partnerslate, Inc., Resolve Advocates, Inc., OBM, Inc., Mooveguru, Inc..

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.