Companies · Other

BRC Inc.

SALT LAKE CITY · Other · https://www.brcgs.com/our-standards/food-safety/

Diligence memoA one-page analyst read on BRC Inc. — recommendation, valuation, rhythm, risks.
$435.4M
Total raised · real
3
Rounds
0.0×
Latest step-up
Top 2%
Sector rank · raised
Growth/Late
Latest stage · inferred · Fri May 06 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

BRC Inc. looks under-valued against its niche peers and is dormant 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 0.02× the median modeled value of Growth/Late Other companies in 2022–2024 (25 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal 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 Other

BRC Inc. is one of 25015 Other companies tracked from SALT LAKE CITY. By capital raised it ranks among the largest (ahead of 99% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

The BRCGS Food Safety Global Standard is the most widely accepted food safety standard in the world.

The BRCGS Food Safety Global Standard is the most widely accepted food safety standard in the world. The BRCGS Global Standard Food Safety has set the benchmark for over 25 years. Adopted by over 22,000 sites in more than 130 countries, the standard is accepted by leading global brands and retailers. Now in its 9th issue, the standard has constantly evolved to protect the consumer. It was the first standard to be GFSI benchmarked , as well as introduce food safety culture requirements, define food fraud, and reduce audit burden through additional modules. Developed with input from industry, it provides a framework to manage product safety, integrity, legality and quality, and the operational controls for these criteria in the food and food ingredient manufacturing, processing and packing industry. The globally recognised Food Safety standard, available to download 12-episode series featuring discussion of the key topics in Food Safety Issue 9. Need to speak to someone? Submit your information and we’ll be in touch

Find BRCGS Food Safety Global Standard online

Trades publicly as BRCGS Food Safety Global Standard.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
77
Investors (latest)
2021
Year incorporated
2022-05-06
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$12.5B$25.0B$37.5B$50.0BGrowth/Late · 2022-02-09 Raised $1.4B (real) Modeled valuation $20.6B (est)$1.4B$20.6BGrowth/Late2022Growth/Late · 2022-03-15 Raised $170M (real) Modeled valuation $2.5B (est)$170M$2.5BGrowth/Late2022Growth/Late · 2022-03-15 Raised $170M (real) Modeled valuation $2.5B (est)$170M$2.5BGrowth/Late2022Growth/Late · 2022-04-05 Raised $256M (real) Modeled valuation $3.7B (est)$256M$3.7BGrowth/Late2022Growth/Late · 2022-05-06 Raised $9.6M (real) Modeled valuation $138M (est)$9.6M$138MGrowth/Late2022+$170M+$170M+$256M+$9.6MCumulative $2.0B

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
Growth/Late$1.4B · 2022
Growth/Late extension$169.8M · 2022
Growth/Late extension$169.8M · 2022
Growth/Late extension$256.0M · 2022
Growth/Late extension$9.6M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 14%.

Modeled valuation trajectory
$138.5M
Base estimate est.
$74.9M
Conservative case
$212.9M
Upside case
$96.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Growth/Late · modeled $20.6B · 2022-02-092022Growth/Late · modeled $2.5B · 2022-03-15Growth/Late · modeled $2.5B · 2022-03-15Growth/Late · modeled $3.7B · 2022-04-05Growth/Late · modeled $138.5M · 2022-05-062022
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
90%
Survival probability
78% low · 97% high
1.12×/yr
Annual markup
1.22×/yr upside case
4.2 yr
Elapsed time used
4.2 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
4.4 yr
On record since
2022
First round
5
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 213× above median
This company$435.4M
Sector median$2.0M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$9.6M
Sector median$513.1M
Modeled value — vs sector median (estimate, all stages) 7.8× above median
This company$138.5M
Sector median$17.7M

Raised more than 99% of sector peers (real $). Modeled value above 86% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) 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 #23 of 25.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Oranje Topco, Inc. · Growth/Late Raised $3.4B · modeled $45.2B (est)Icefall Topco, Inc. · Growth/Late Raised $2.9B · modeled $34.2B (est)Disco Topco, Inc. · Growth/Late Raised $1.9B · modeled $25.0B (est)Staubach Topco, Inc. · Growth/Late Raised $1.4B · modeled $20.7B (est)Arkady HoldCo, Inc. · Growth/Late Raised $1.4B · modeled $15.3B (est)Grupo Gon-Rey Holdings, Llc · Growth/Late Raised $1.4B · modeled $15.2B (est)Nemo Topco, Inc. · Growth/Late Raised $865.7M · modeled $9.6B (est)HF Private Funds Pool, LLC · Growth/Late Raised $946.5M · modeled $9.4B (est)HF Direct Investments Pool, LLC · Growth/Late Raised $680.0M · modeled $8.9B (est)Bluehalo Holdings Parent, Llc · Growth/Late Raised $723.2M · modeled $8.5B (est)Tetris Topco, Inc. · Growth/Late Raised $534.7M · modeled $7.9B (est)Celsius Holdings, Inc. · Growth/Late Raised $582.5M · modeled $7.7B (est)BRC Inc. (this company) Raised $435.4M · modeled $138.5M (est)BRC Inc.
CompanyStageRaised · realValue · estvs peer med.
Oranje Topco, Inc.Growth/Late$3.4B$45.2B6.18×
Icefall Topco, Inc.Growth/Late$2.9B$34.2B4.68×
Disco Topco, Inc.Growth/Late$1.9B$25.0B3.41×
Staubach Topco, Inc.Growth/Late$1.4B$20.7B2.83×
Arkady HoldCo, Inc.Growth/Late$1.4B$15.3B2.10×
Grupo Gon-Rey Holdings, LlcGrowth/Late$1.4B$15.2B2.08×
Nemo Topco, Inc.Growth/Late$865.7M$9.6B1.31×
HF Private Funds Pool, LLCGrowth/Late$946.5M$9.4B1.28×
HF Direct Investments Pool, LLCGrowth/Late$680.0M$8.9B1.21×
Bluehalo Holdings Parent, LlcGrowth/Late$723.2M$8.5B1.16×
Tetris Topco, Inc.Growth/Late$534.7M$7.9B1.08×
Celsius Holdings, Inc.Growth/Late$582.5M$7.7B1.06×
BRC Inc. this companyGrowth/Late$435.4M$138.5M0.02×
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.
Growth/Late$1.4B2022-02-09$13.9B$20.6B90%
Growth/Late$169.8M2022-03-15$1.7B$2.5B90%
Growth/Late$169.8M2022-03-15$1.7B$2.5B90%
Growth/Late$256.0M2022-04-05$2.6B$3.7B90%
Growth/Late$9.6M2022-05-06$96.1M$138.5M90%
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. Growth/Late$1.4B2022-02-09
    • First recorded raise — entered as Growth/Late.
    • 77 investors on this round.
  2. Growth/Late$169.8M2022-03-15
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 8.2× smaller than the prior — bridge or down round.
    • 78 investors on this round.
  3. Growth/Late$169.8M2022-03-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 78 investors on this round.
  4. Growth/Late$256.0M2022-04-05
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 78 investors on this round.
  5. Growth/Late$9.6M2022-05-06
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 26.6× smaller than the prior — bridge or down round.
    • 77 investors on this round.
Intelligence
2022 ~Q2
Modeled next raise · ~1mo cadence
$9.6M
Modeled next size est.range $9.6M$15.4M
0.0×
Last step-up
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
Steven Taslitz2 other2022-02
Andrew McCormick1 other2022-02
Roland Smith1 other2022-02
Evan Hafer2022-02
George Munoz2022-02
Glenn Welling2022-02
Greg Iverson2022-02
Heath Nielsen2022-04
Katy Dickson2022-02
Mat Best2022-02
Toby Johnson2022-02
Tom Davin2022-02
Registry & provenance

BRC 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
1891101
SEC CIK
2021
Incorporated
Recent activity

Discovered from brcgs — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

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
Trulieve Cannabis Corp.OtherGrowth/Late$619.8M$127.4Msame sector · same stage
Batman Holdings, Inc.OtherGrowth/Late$970.4M$139.7Msame sector · same stage
Looking Up Documentary, LLCOtherPre-Seed$200K$4.6Mnetwork1 shared operator · same sector
ACP Hyperdrive Holdings, Inc.OtherSeries D+$321.2M$128.8Msame sector
ThycoticCentrify Aggregation, LPOtherSeries D+$280.2M$126.2Msame sector
RTS Holding, Inc.OtherSeries C$138.3M$128.2Msame sector
Blank Street Inc.OtherSeries C$137.4M$137.7Msame sector
Praetorian Global, Inc.OtherSeries C$136.4M$145.1Msame sector
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
Food Safety Systems LLCAgtech / FoodtechSeed$2.9M67%
The Good Food Institute
Building a world where alternative proteins are no longer alternative.
Agtech / Foodtech67%
Global Safety Management, Inc.Other TechnologySeries A$113.0M67%
Global Validity CorpOtherPre-Seed$1.7M67%
International Environmental Standards, PBCOtherSeries D+$1.4B67%
Global Foods Group, Inc.ManufacturingPre-Seed$12.0M67%
Global Food & Ingredients Inc.Agtech / FoodtechPre-Seed$1.0M66%
Cognitio Labs
Automating FDA-grade Traceability Requirements with Sensors and AI.
Insurance66%
Frequently asked
How much funding has BRC Inc. raised?
BRC Inc. has raised approximately $435.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is BRC Inc.'s estimated valuation?
Provath's modeled valuation for BRC Inc. is approximately $138.5M (modeled range $74.9M–$212.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BRC Inc. at?
BRC Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Fri May 06.
What does BRC Inc. do and where is it based?
BRC Inc. operates in the Other sector, based in SALT LAKE CITY. The BRCGS Food Safety Global Standard is the most widely accepted food safety standard in the world.
Explore related

See where BRC Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at BRC Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.