Companies · Other

Calunius Litigation Risk Fund 2 LP

ST. PETER PORT · Other

Diligence memoA one-page analyst read on Calunius Litigation Risk Fund 2 LP — recommendation, valuation, rhythm, risks.
$52.2M
Total raised · real
1
Rounds
Latest step-up
Top 8%
Sector rank · raised
Series C
Latest stage · inferred · Tue Jan 14 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Calunius Litigation Risk Fund 2 LP 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 1.04× the median modeled value of Series C Other companies in 2013–2015 (148 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
Dormant
  • Last raise 12.5 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

Calunius Litigation Risk Fund 2 LP 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
12.5 yr record
Peak capital year was 2014 with $52.2M across 1 filings.
Market position
ahead of 93% of Other peers
Capital scale is ahead of 93% of Other peers; modeled value is above 96% 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
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 2014: $52.2M across 1 filings.
  • Largest single filing was $52.2M on 2014-01-14.
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.
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

Calunius Litigation Risk Fund 2 LP is one of 25008 Other companies tracked from ST. PETER PORT. By capital raised it ranks among the largest (ahead of 93% 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
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$250M$500M$750M$1.0BSeries C · 2014-01-14 Raised $52M (real) Modeled valuation $894M (est)$52M$894MSeries C2014

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 C$52.2M · 2014

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$894.3M
Base estimate est.
$201.7M
Conservative case
$2.4B
Upside case
$347.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
6.0 yr
Elapsed time used
12.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
12.5 yr
On record since
2014
First round
1
Rounds on file
How it compares to the market

Benchmarked against 25008 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) 26× above median
This company$52.2M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.0× above median
This company$52.2M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 51× above median
This company$894.3M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 96% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #70 of 148.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Island Timberlands Finance Corp · Series C Raised $100.0M · modeled $1.7B (est)Layne Christensen Co · Series C Raised $99.9M · modeled $1.7B (est)Autotask Superior Holding, Inc. · Series C Raised $99.0M · modeled $1.7B (est)Creative Artists Agency Holdings LLC · Series C Raised $97.3M · modeled $1.7B (est)Concord Resources Ltd · Series C Raised $96.5M · modeled $1.7B (est)UFS Group Holdings, Inc. · Series C Raised $95.6M · modeled $1.6B (est)Hycroft Mining Corp · Series C Raised $95.0M · modeled $1.6B (est)Fortress Worldwide Transportation & Infrastructure Investors LP · Series C Raised $162.6M · modeled $1.6B (est)Gold Standard Investment, LP · Series C Raised $91.0M · modeled $1.6B (est)Dollar Shave Club, Inc. · Series C Raised $190.9M · modeled $1.6B (est)Eighth Note, inc. · Series C Raised $90.4M · modeled $1.5B (est)Safe Fleet Holdings LLC · Series C Raised $90.1M · modeled $1.5B (est)Calunius Litigation Risk Fund 2 LP (this company) Raised $52.2M · modeled $894.3M (est)Calunius Litigation Risk Fund 2 LP
CompanyStageRaised · realValue · estvs peer med.
Island Timberlands Finance CorpSeries C$100.0M$1.7B2.00×
Layne Christensen CoSeries C$99.9M$1.7B2.00×
Autotask Superior Holding, Inc.Series C$99.0M$1.7B1.98×
Creative Artists Agency Holdings LLCSeries C$97.3M$1.7B1.95×
Concord Resources LtdSeries C$96.5M$1.7B1.93×
UFS Group Holdings, Inc.Series C$95.6M$1.6B1.91×
Hycroft Mining CorpSeries C$95.0M$1.6B1.90×
Fortress Worldwide Transportation & Infrastructure Investors LPSeries C$162.6M$1.6B1.85×
Gold Standard Investment, LPSeries C$91.0M$1.6B1.82×
Dollar Shave Club, Inc.Series C$190.9M$1.6B1.81×
Eighth Note, inc.Series C$90.4M$1.5B1.81×
Safe Fleet Holdings LLCSeries C$90.1M$1.5B1.80×
Calunius Litigation Risk Fund 2 LP this companySeries C$52.2M$894.3M1.04×
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 C$52.2M2014-01-14$347.7M$894.3M90%
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 C$52.2M2014-01-14
    • First recorded raise — entered as Series C.
Intelligence
Modeled next raise
$83.5M
Modeled next size est.range $54.2M$133.5M
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
Tim Wilson6 other2014-01
Mark Wells3 other2014-01
Nigel De La Rue2014-01
Registry & provenance

Calunius Litigation Risk Fund 2 LP 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
1598511
SEC CIK
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
Cp Sur-Seal, LlcOtherSeries C$52.3M$896.0Msame sector · same stage
Normandy Holdco LLCOtherSeries C$52.3M$896.3Msame sector · same stage
Brambles LtdOtherSeries C$51.9M$889.1Msame sector · same stage
Impact Products Holdings LLCOtherSeries C$52.7M$903.5Msame sector · same stage
Navigator Holdco Inc.OtherSeries C$52.7M$734.6Msame sector · same stage
Royal Camp Services LtdOtherSeries C$51.6M$884.9Msame sector · same stage
ASP Global Holdings, LLCOtherSeries C$52.9M$906.3Msame sector · same stage
Ivy Funding Nine, LLCOtherSeries C$53.0M$908.7Msame sector · same stage
Frequently asked
How much funding has Calunius Litigation Risk Fund 2 LP raised?
Calunius Litigation Risk Fund 2 LP has raised approximately $52.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Calunius Litigation Risk Fund 2 LP's estimated valuation?
Provath's modeled valuation for Calunius Litigation Risk Fund 2 LP is approximately $894.3M (modeled range $201.7M–$2.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Calunius Litigation Risk Fund 2 LP at?
Calunius Litigation Risk Fund 2 LP's latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Jan 14.
What does Calunius Litigation Risk Fund 2 LP do and where is it based?
Calunius Litigation Risk Fund 2 LP operates in the Other sector, based in ST. PETER PORT.
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