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

BRC Inc.

BRC Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

BRC Inc. operates in Other, based in SALT LAKE CITY. The BRCGS Food Safety Global Standard is the most widely accepted food safety standard in the world.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

Capital & rounds (filed)filed

BRC Inc. has raised $435M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).

Largest single filing: $1.4B on 2022-02-09.

Most recent recorded round closed around 2022-05-06.

Valuation (modeled)modeled

Provath models BRC Inc. at approximately $138M (range $75M–$213M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.02× the median modeled value of Growth/Late Other companies in 2022–2024 (25 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 1 months.

Last raise 4.2 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round was 26.6× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Other peers (25015 compared).

Modeled value ranks above 86% of those peers.

Closest niche peers: Oranje Topco, Inc., Icefall Topco, Inc., Disco Topco, Inc., Staubach Topco, Inc., Arkady HoldCo, Inc..

Peoplefiled

12 named people 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.