Companies · Investment Vehicle

Brown Advisory Group Holdings LLC

BALTIMORE · Investment Vehicle · refined from filed group “Other · https://www.brownadvis.com/

Diligence memoA one-page analyst read on Brown Advisory Group Holdings LLC — recommendation, valuation, rhythm, risks.
$807.2M
Total raised · real
2
Rounds
1.2×
Latest step-up
Top 2%
Sector rank · raised
Growth/Late
Latest stage · inferred · Thu Nov 15 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Brown Advisory Group Holdings LLC has raised $807M over 2 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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

Issuer-vehicle patternmedium confidence

Brown Advisory Group Holdings 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
10.5 yr record
Peak capital year was 2016 with $3.9B across 12 filings.
Market position
ahead of 99% of Investment Vehicle peers
Capital scale is ahead of 99% of Investment Vehicle peers; modeled value is above 84% 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
Some evidence
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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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.
  • Capital program peaked in 2016: $3.9B across 12 filings.
  • Largest single filing was $912.3M on 2016-01-04.
  • Filing rows sum to $3.9B, while canonical raised total is $807.2M; likely amendments/superseded rows are mixed into the detail view.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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • 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 Investment Vehicle

Brown Advisory Group Holdings LLC is one of 1793 Investment Vehicle companies tracked from BALTIMORE. 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

Homepage | Brown Advisory

Individuals and Families Institutions, Consultants and Intermediaries Brown Advisory is an independent investment management and strategic advisory firm committed to delivering a combination of first-class performance, strategic advice and the highest level of client service. The firm’s clients—including individuals, families, family offices, endowments, foundations, charities, institutions, consultants, and financial intermediaries—are served by over 1,000 colleagues worldwide, all of whom are equity owners of the firm. Abu Dhabi | Austin | Baltimore | Boston | Dallas | Delaware | Frankfurt | London | Nashville | New York | North Carolina | San Francisco | Singapore | Southern California | Tokyo | Virginia | Washington, D.C

Find Brown Advisory Group Holdings LLC online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
18
Investors (latest)
2015
Year incorporated
2018-11-15
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$5.0B$10.0B$15.0B$20.0BSeries D+ · 2016-01-04 Raised $244M (real) Modeled valuation $4.2B (est)Series D+2016Growth/Late · 2016-01-04 Raised $912M (real) Modeled valuation $16.2B (est)Growth/Late2016Growth/Late · 2016-01-04 Raised $440M (real) Modeled valuation $7.8B (est)Growth/Late2016Series D+ · 2016-01-04 Raised $337M (real) Modeled valuation $5.8B (est)Series D+2016Growth/Late · 2016-01-04 Raised $542M (real) Modeled valuation $9.6B (est)Growth/Late2016Series C · 2016-01-04 Raised $46M (real) Modeled valuation $791M (est)Series C2016Series D+ · 2016-01-04 Raised $167M (real) Modeled valuation $2.9B (est)Series D+2016Growth/Late · 2016-01-04 Raised $795M (real) Modeled valuation $14.1B (est)Growth/Late2016Series B · 2016-01-04 Raised $25M (real) Modeled valuation $416M (est)Series B2016Series D+ · 2016-01-04 Raised $262M (real) Modeled valuation $4.5B (est)Series D+2016Series D+ · 2016-01-04 Raised $124M (real) Modeled valuation $2.1B (est)Series D+2016Series A · 2016-01-04 Raised $10M (real) Modeled valuation $157M (est)Series A2016Growth/Late · 2018-11-15 Raised $12M (real) Modeled valuation $222M (est)Growth/Late2018Cumulative $3.9B

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
Series D+$244.3M · 2016
Growth/Late$912.3M · 2016
Growth/Late extension$439.8M · 2016
Bridge · Growth/Late-stage$337.0M · 2016smaller follow-on
Growth/Late extension$541.9M · 2016
Bridge · Growth/Late-stage$46.2M · 2016smaller follow-on
Bridge · Growth/Late-stage$167.3M · 2016smaller follow-on
Growth/Late extension$794.7M · 2016
Bridge · Growth/Late-stage$25.0M · 2016smaller follow-on
Bridge · Growth/Late-stage$261.7M · 2016smaller follow-on
Bridge · Growth/Late-stage$124.4M · 2016smaller follow-on
Bridge · Growth/Late-stage$10.4M · 2016smaller follow-on
Growth/Late extension$12.5M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 71%.

Modeled valuation trajectory
$221.7M
Base estimate est.
$97.4M
Conservative case
$399.2M
Upside case
$124.8M
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.

Series D+ · modeled $4.2B · 2016-01-042016Growth/Late · modeled $16.2B · 2016-01-04Growth/Late · modeled $7.8B · 2016-01-04Series D+ · modeled $5.8B · 2016-01-04Growth/Late · modeled $9.6B · 2016-01-04Series C · modeled $791.4M · 2016-01-04Series D+ · modeled $2.9B · 2016-01-04Growth/Late · modeled $14.1B · 2016-01-04Series B · modeled $415.6M · 2016-01-04Series D+ · modeled $4.5B · 2016-01-04Series D+ · modeled $2.1B · 2016-01-04Series A · modeled $156.8M · 2016-01-04Growth/Late · modeled $221.7M · 2018-11-152018
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
6.0 yr
Elapsed time used
7.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$281.9M/yr
Capital velocity
10.5 yr
On record since
2016
First round
13
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. 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) 249× above median
This company$807.2M
Sector median$3.2M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$12.5M
Sector median$535.5M
Modeled value — vs sector median (estimate, all stages) 8.8× above median
This company$221.7M
Sector median$25.2M

Raised more than 99% of sector peers (real $). Modeled value above 84% of peers (estimate).

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.
Series D+$244.3M2016-01-04$2.0B$4.2B90%
Growth/Late$912.3M2016-01-04$9.1B$16.2B90%
Growth/Late$439.8M2016-01-04$4.4B$7.8B90%
Series D+$337.0M2016-01-04$2.8B$5.8B90%
Growth/Late$541.9M2016-01-04$5.4B$9.6B90%
Series C$46.2M2016-01-04$307.7M$791.4M90%
Series D+$167.3M2016-01-04$1.4B$2.9B90%
Growth/Late$794.7M2016-01-04$7.9B$14.1B90%
Series B$25.0M2016-01-04$139.0M$415.6M90%
Series D+$261.7M2016-01-04$2.2B$4.5B90%
Series D+$124.4M2016-01-04$1.0B$2.1B90%
Series A$10.4M2016-01-04$47.1M$156.8M85%
Growth/Late$12.5M2018-11-15$124.8M$221.7M90%
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. Series D+$244.3M2016-01-04
    • First recorded raise — entered as Series D+.
    • 183 investors on this round.
  2. Growth/Late$912.3M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.7× larger than the prior — scaling up.
    • 288 investors on this round.
  3. Growth/Late$439.8M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 220 investors on this round.
  4. Series D+$337.0M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 212 investors on this round.
  5. Growth/Late$541.9M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
    • 222 investors on this round.
  6. Series C$46.2M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 11.7× smaller than the prior — bridge or down round.
    • 132 investors on this round.
  7. Series D+$167.3M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.6× larger than the prior — scaling up.
    • 168 investors on this round.
  8. Growth/Late$794.7M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.7× larger than the prior — scaling up.
    • 246 investors on this round.
  9. Series B$25.0M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 31.8× smaller than the prior — bridge or down round.
    • 112 investors on this round.
  10. Series D+$261.7M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 10.5× larger than the prior — scaling up.
    • 180 investors on this round.
  11. Series D+$124.4M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 179 investors on this round.
  12. Series A$10.4M2016-01-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 12.0× smaller than the prior — bridge or down round.
    • 54 investors on this round.
  13. Growth/Late$12.5M2018-11-15
    • Raised 34 mo later.
    • Round roughly the size of the prior one.
    • 18 investors on this round.
Intelligence
2019 ~Q1
Modeled next raise · ~3mo cadence
$15.0M
Modeled next size est.range $12.5M$24.1M
1.2×
Last step-up
$281.9M/yr
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
Robert J. Flanagan3 other2016-01
Charles E. Noell2 other2016-01
William C Baker2 other2016-01
Benjamin H Griswold, IV1 other2016-01
Brett D Rogers1 other2016-01
Charles M. Linehan1 other2016-01
David M Churchill1 other2016-01
David M. Robinson1 other2016-01
Donald B Hebb, Jr.1 other2016-01
Howard E Cox, Jr.1 other2016-01
John O Downing1 other2016-01
Katherine H Kalin1 other2016-01
Matthew D. Cutts1 other2016-01
Michael D Hankin1 other2016-01
Robert R Murley1 other2016-01
Shannon O. Pierce1 other2016-01
Walter D Pinkard, Jr.1 other2016-01
William O. White1 other2016-01
Beatrice B Hollond2016-01
Beatrice D Hollond2016-01
Beatrice H Hollond2016-01
Beatrice J. Hollond2016-01
Christine D Fox2016-01
Christine H. Fox2016-01
Registry & provenance

Brown Advisory Group Holdings 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
1660716
SEC CIK
2015
Incorporated
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Frequently asked
How much funding has Brown Advisory Group Holdings LLC raised?
Brown Advisory Group Holdings LLC has raised approximately $807.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Brown Advisory Group Holdings LLC's estimated valuation?
Provath's modeled valuation for Brown Advisory Group Holdings LLC is approximately $221.7M (modeled range $97.4M–$399.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Brown Advisory Group Holdings LLC at?
Brown Advisory Group Holdings LLC's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Thu Nov 15.
What does Brown Advisory Group Holdings LLC do and where is it based?
Brown Advisory Group Holdings LLC operates in the Investment Vehicle sector, based in BALTIMORE. Homepage | Brown Advisory
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