Companies · Food & Beverage

Brew ND, LLC

West Fargo · Food & Beverage · refined from filed group “Other

Diligence memoA one-page analyst read on Brew ND, LLC — recommendation, valuation, rhythm, risks.
$130K
Total raised · real
1
Rounds
0.5×
Latest step-up
Top 64%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Mar 27 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Brew ND, LLC 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 0.33× the median modeled value of Pre-Seed Food & Beverage companies in 2022–2024 (45 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.3 yr ago; this sector typically re-raises about every 15 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Brew ND, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
3.3 yr record
Peak capital year was 2023 with $380K across 2 filings.
Market position
ahead of 37% of Food & Beverage peers
Capital scale is ahead of 37% of Food & Beverage peers; modeled value is above 37% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $380K across 2 filings.
  • Largest single filing was $250K on 2023-03-10.
  • Filing rows sum to $380K, while canonical raised total is $130K; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Food & Beverage

Brew ND, LLC is one of 567 Food & Beverage companies tracked from West Fargo. By capital raised it ranks in the long tail (ahead of 37% of sector peers), and in the long tail by modeled valuation est..

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

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2023
Year incorporated
2023-03-27
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$500K$1.0M$1.5M$2.0MPre-Seed · 2023-03-10 Raised $250K (real) Modeled valuation $1.8M (est)$250K$1.8MPre-Seed2023Pre-Seed · 2023-03-27 Raised $130K (real) Modeled valuation $906K (est)$130K$906KPre-Seed2023+$130KCumulative $380K

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
Pre-Seed$250K · 2023
Pre-Seed extension$130K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$906K
Base estimate est.
$87K
Conservative case
$4.5M
Upside case
$722K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $1.8M · 2023-03-102023Pre-Seed · modeled $906K · 2023-03-272023
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
3.3 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. 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) 0.1× of median
This company$130K
Sector median$1.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.3× of median
This company$130K
Sector median$411K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$906K
Sector median$10.6M

Raised more than 37% of sector peers (real $). Modeled value above 37% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #42 of 45.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Orda · Pre-Seed Raised $1.1M · modeled $12.9M (est)Brand House Wines & Spirits LLC · Pre-Seed Raised $3.0M · modeled $10.7M (est)Improv Beverages, Inc. · Pre-Seed Raised $984K · modeled $7.4M (est)Origen Holistic Spirits, Inc. · Pre-Seed Raised $1.0M · modeled $7.2M (est)La Caza Spirits, LLC · Pre-Seed Raised $800K · modeled $6.9M (est)Harveys Gaingels Stellar Pizza LLC · Pre-Seed Raised $693K · modeled $6.2M (est)Logyard Brewing, LLC · Pre-Seed Raised $625K · modeled $5.7M (est)True Spirit Beverage Co · Pre-Seed Raised $560K · modeled $5.7M (est)JMC Cellars, LLC · Pre-Seed Raised $900K · modeled $5.5M (est)Hermosa Brewing Co LLC · Pre-Seed Raised $1.1M · modeled $5.2M (est)O'Shevlin Spirits LLC · Pre-Seed Raised $1.8M · modeled $5.1M (est)Finca Chocolat Belize, LLC · Pre-Seed Raised $525K · modeled $5.0M (est)Brew ND, LLC (this company) Raised $130K · modeled $906K (est)Brew ND, LLC
CompanyStageRaised · realValue · estvs peer med.
OrdaPre-Seed$1.1M$12.9M4.64×
Brand House Wines & Spirits LLCPre-Seed$3.0M$10.7M3.87×
Improv Beverages, Inc.Pre-Seed$984K$7.4M2.66×
Origen Holistic Spirits, Inc.Pre-Seed$1.0M$7.2M2.60×
La Caza Spirits, LLCPre-Seed$800K$6.9M2.50×
Harveys Gaingels Stellar Pizza LLCPre-Seed$693K$6.2M2.25×
Logyard Brewing, LLCPre-Seed$625K$5.7M2.07×
True Spirit Beverage CoPre-Seed$560K$5.7M2.07×
JMC Cellars, LLCPre-Seed$900K$5.5M1.98×
Hermosa Brewing Co LLCPre-Seed$1.1M$5.2M1.86×
O'Shevlin Spirits LLCPre-Seed$1.8M$5.1M1.85×
Finca Chocolat Belize, LLCPre-Seed$525K$5.0M1.79×
Brew ND, LLC this companyPre-Seed$130K$906K0.33×
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.
Pre-Seed$250K2023-03-10$1.4M$1.8M90%
Pre-Seed$130K2023-03-27$722K$906K90%
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. Pre-Seed$250K2023-03-10
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$130K2023-03-27
    • Came back fast: 1 mo vs the ~15 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~1mo cadence
$130K
Modeled next size est.range $130K$208K
0.5×
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
Shannon Schweigert2023-03
Todd Fry2023-03
Registry & provenance

Brew ND, LLC 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
1967388
SEC CIK
2023
Incorporated
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
Bamboozlers Spirits, Inc.Food & BeveragePre-Seed$121K$2.8Msame sector · same stage
Michael Shaps Winery Management Group, LLCFood & BeveragePre-Seed$143K$3.3Msame sector · same stage
R. Shea Brewing, LLCFood & BeveragePre-Seed$115K$2.7Msame sector · same stage
Little Kitchen Academy Ltd.Food & BeveragePre-Seed$113K$2.6Msame sector · same stage
Kitchens, Inc.Food & BeveragePre-Seed$150K$1.4Msame sector · same stage
One Roq Spirits, LLCFood & BeveragePre-Seed$109K$300Ksame sector · same stage
Lost Friend Brewing Company, LLCFood & BeveragePre-Seed$108K$2.5Msame sector · same stage
Mother Road Brewing CoFood & BeveragePre-Seed$105K$701Ksame sector · same stage
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
Two Brews, LLCFood & BeveragePre-Seed$2.8M89%
Cartridge Brewing, LLCFood & BeveragePre-Seed$14.2M87%
Wisconsin Brewing Company, LLCFood & BeverageSeries A$6.2M87%
All About Beer, LLCOtherPre-Seed$2.9M87%
First State Brewing Company, LLCFood & BeveragePre-Seed$15.3M87%
Source Brewing LLCFood & BeveragePre-Seed$11.6M86%
Braided River Brewing Company, LLCFood & BeveragePre-Seed$2.3M86%
Core Brewing & Distilling Company, LLCFood & BeverageSeries A$33.4M86%
Frequently asked
How much funding has Brew ND, LLC raised?
Brew ND, LLC has raised approximately $130K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Brew ND, LLC's estimated valuation?
Provath's modeled valuation for Brew ND, LLC is approximately $906K (modeled range $87K–$4.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Brew ND, LLC at?
Brew ND, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Mar 27.
What does Brew ND, LLC do and where is it based?
Brew ND, LLC operates in the Food & Beverage sector, based in West Fargo.
Explore related

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

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