Diligence memo · auto-generated · as of July 2, 2026
Bright Cellars Inc.
Bright Cellars Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Bright Cellars Inc. operates in Food & Beverage, based in Milwaukee.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Bright Cellars Inc. has raised $14M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $8.8M on 2019-02-22.
Most recent recorded round closed around 2019-02-22.
Valuation (modeled)modeled
Provath models Bright Cellars Inc. at approximately $133M (range $12M–$721M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.98× the median modeled value of Series A Food & Beverage companies in 2019–2021 (14 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 7.4 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 6.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 93% of Food & Beverage peers (567 compared).
Modeled value ranks above 96% of those peers.
Closest niche peers: Drop Kitchen, Inc., Lagom Kitchen Co, Wildpack Beverage Alberta Inc., Toast Spirits LLC, Black Frost Distilling, LLC.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.