Companies · Other

Business Sixteen, LLC

SIOUX FALLS · Other

Diligence memoA one-page analyst read on Business Sixteen, LLC — recommendation, valuation, rhythm, risks.
$20.0M
Total raised · real
1
Rounds
66.7×
Latest step-up
Top 15%
Sector rank · raised
Series B
Latest stage · inferred · Fri Jan 23 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Business Sixteen, LLC looks fair 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.

Fair
  • Modeled value is 0.96× the median modeled value of Series B Other companies in 2013–2015 (273 peers) — value vs value, same stage and era.
  • Within the normal band (96% of peer median) for its niche.
Dormant
  • Last raise 11.4 yr ago; this sector typically re-raises about every 11 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

Business Sixteen, 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
11.4 yr record
Peak capital year was 2015 with $29.6M across 3 filings.
Market position
ahead of 86% of Other peers
Capital scale is ahead of 86% of Other peers; modeled value is above 92% 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
Lower 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2015: $29.6M across 3 filings.
  • Largest single filing was $20.0M on 2015-01-23.
  • Filing rows sum to $29.6M, while canonical raised total is $20.0M; 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 Other

Business Sixteen, LLC is one of 25015 Other companies tracked from SIOUX FALLS. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and among the largest 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
21
Investors (latest)
2014
Year incorporated
2015-01-23
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$125M$250M$375M$500MSeries A · 2015-01-23 Raised $9.3M (real) Modeled valuation $141M (est)$9.3M$141MSeries A2015Pre-Seed · 2015-01-23 Raised $300K (real) Modeled valuation $6.9M (est)$300K$6.9MPre-Seed2015Series B · 2015-01-23 Raised $20M (real) Modeled valuation $332M (est)$20M$332MSeries B2015+$300K+$20MCumulative $30M

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 A$9.3M · 2015
Bridge · Series A-stage$300K · 2015smaller follow-on
Series B$20.0M · 2015

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$332.3M
Base estimate est.
$50.0M
Conservative case
$1.3B
Upside case
$111.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $140.7M · 2015-01-232015Pre-Seed · modeled $6.9M · 2015-01-23Series B · modeled $332.3M · 2015-01-232015
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
11.4 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
11.4 yr
On record since
2015
First round
3
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) 9.8× above median
This company$20.0M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.0× above median
This company$20.0M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 19× above median
This company$332.3M
Sector median$17.7M

Raised more than 86% of sector peers (real $). Modeled value above 92% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #148 of 273.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)PL Parent, LLC · Series B Raised $40.0M · modeled $664.6M (est)ComplexCare Holdings, Inc. · Series B Raised $40.0M · modeled $664.6M (est)Sprinklr, Inc. · Series B Raised $72.5M · modeled $664.6M (est)Globaltranz Enterprises, Inc. · Series B Raised $50.0M · modeled $664.6M (est)Halco Acquisition Corp · Series B Raised $40.0M · modeled $663.8M (est)SI Ultimate OpCo Holding Corp · Series B Raised $39.5M · modeled $656.3M (est)Captek Topco, Inc. · Series B Raised $39.1M · modeled $649.8M (est)Clarity Holdco, L.P. · Series B Raised $39.0M · modeled $648.2M (est)Crowley Holdings Preferred, LLC · Series B Raised $39.0M · modeled $648.0M (est)Aspeq Equity Investment Llc · Series B Raised $38.3M · modeled $636.3M (est)Munch's Holdings, LLC · Series B Raised $37.8M · modeled $627.6M (est)FranConnect Holdings, LLC · Series B Raised $37.1M · modeled $616.4M (est)Business Sixteen, LLC (this company) Raised $20.0M · modeled $332.3M (est)Business Sixteen, LLC
CompanyStageRaised · realValue · estvs peer med.
PL Parent, LLCSeries B$40.0M$664.6M1.93×
ComplexCare Holdings, Inc.Series B$40.0M$664.6M1.93×
Sprinklr, Inc.Series B$72.5M$664.6M1.93×
Globaltranz Enterprises, Inc.Series B$50.0M$664.6M1.93×
Halco Acquisition CorpSeries B$40.0M$663.8M1.92×
SI Ultimate OpCo Holding CorpSeries B$39.5M$656.3M1.90×
Captek Topco, Inc.Series B$39.1M$649.8M1.88×
Clarity Holdco, L.P.Series B$39.0M$648.2M1.88×
Crowley Holdings Preferred, LLCSeries B$39.0M$648.0M1.88×
Aspeq Equity Investment LlcSeries B$38.3M$636.3M1.84×
Munch's Holdings, LLCSeries B$37.8M$627.6M1.82×
FranConnect Holdings, LLCSeries B$37.1M$616.4M1.79×
Business Sixteen, LLC this companySeries B$20.0M$332.3M0.96×
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 A$9.3M2015-01-23$42.3M$140.7M85%
Pre-Seed$300K2015-01-23$1.7M$6.9M85%
Series B$20.0M2015-01-23$111.1M$332.3M90%
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 A$9.3M2015-01-23
    • First recorded raise — entered as Series A.
    • 15 investors on this round.
  2. Pre-Seed$300K2015-01-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 31.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  3. Series B$20.0M2015-01-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 66.7× larger than the prior — scaling up.
    • 21 investors on this round.
Intelligence
Modeled next raise
$60.0M
Modeled next size est.range $39.0M$96.0M
66.7×
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
Charles Brennan1 other2015-01
Registry & provenance

Business Sixteen, 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
1631174
SEC CIK
2014
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
Bloq Flix LlcOtherSeries B$20.0M$332.3Msame sector · same stage
Broadway 4D Theaters, LLCOtherSeries B$20.0M$332.3Msame sector · same stage
Budding Capital, Inc.OtherSeries B$20.0M$332.3Msame sector · same stage
C. E. Hutton, LLCOtherSeries B$20.0M$332.3Msame sector · same stage
Citizens Parking Holding IncOtherSeries B$20.0M$332.3Msame sector · same stage
Digital Intelligence Systems, LLCOtherSeries B$20.0M$332.3Msame sector · same stage
E38-Trx, LlcOtherSeries B$20.0M$332.3Msame sector · same stage
Emax Holdings CorpOtherSeries B$20.0M$332.3Msame 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
Court 16 Inc.OtherSeed$1.9M84%
Classen16OKC, LLCOtherSeed$9.6M84%
Newest LLCOtherPre-Seed$11.6M81%
GY160 Holdings LLCOtherSeries A$208.6M81%
Sbbc, LlcOtherPre-Seed$2.9M81%
3D-16 LlcOtherPre-Seed$2.5M81%
Amy - Mary, LlcOtherSeed$9.6M80%
Bwbc I LlcOtherSeed$35.9M80%
Frequently asked
How much funding has Business Sixteen, LLC raised?
Business Sixteen, LLC has raised approximately $20.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Business Sixteen, LLC's estimated valuation?
Provath's modeled valuation for Business Sixteen, LLC is approximately $332.3M (modeled range $50.0M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Business Sixteen, LLC at?
Business Sixteen, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Jan 23.
What does Business Sixteen, LLC do and where is it based?
Business Sixteen, LLC operates in the Other sector, based in SIOUX FALLS.
Explore related

See where Business Sixteen, LLC 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 Business Sixteen, LLC, 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.