Companies · Edtech

Carolina Education & Ministry Investors Two, LLC

FAYETTEVILLE · Edtech · refined from filed group “Other

Diligence memoA one-page analyst read on Carolina Education & Ministry Investors Two, LLC — recommendation, valuation, rhythm, risks.
$8.4M
Total raised · real
1
Rounds
0.7×
Latest step-up
Top 22%
Sector rank · raised
Series A
Latest stage · inferred · Fri Mar 23 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Carolina Education & Ministry Investors Two, LLC looks over-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. Valuation uses the edtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.52× the median modeled value of Series A Edtech companies in 2016–2018 (15 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.3 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

Carolina Education & Ministry Investors Two, 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
8.3 yr record
Peak capital year was 2018 with $14.2M across 2 filings.
Market position
ahead of 79% of Edtech peers
Capital scale is ahead of 79% of Edtech peers; modeled value is above 90% 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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 2018: $14.2M across 2 filings.
  • Largest single filing was $8.4M on 2018-03-23.
  • Filing rows sum to $14.2M, while canonical raised total is $8.4M; 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 Edtech

Carolina Education & Ministry Investors Two, LLC is one of 262 Edtech companies tracked from FAYETTEVILLE. By capital raised it ranks in the upper tier (ahead of 79% 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
13
Investors (latest)
2017
Year incorporated
2018-03-23
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$50M$100M$150M$200MSeries A · 2018-03-23 Raised $8.4M (real) Modeled valuation $132M (est)$8.4M$132MSeries A2018Series A · 2018-03-23 Raised $5.8M (real) Modeled valuation $91M (est)$5.8M$91MSeries A2018+$5.8MCumulative $14M

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$8.4M · 2018
Series A extension$5.8M · 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: 33%.

Modeled valuation trajectory
$132.1M
Base estimate est.
$10.6M
Conservative case
$718.3M
Upside case
$38.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the edtech sector profile. Directional, not a quoted figure.

Series A · modeled $132.1M · 2018-03-232018Series A · modeled $91.0M · 2018-03-232018
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
51%
Survival probability
28% low · 69% high
1.38×/yr
Annual markup
1.73×/yr upside case
6.0 yr
Elapsed time used
8.3 yr actual, capped for stale marks
edtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.3 yr
On record since
2018
First round
2
Rounds on file
How it compares to the market

Benchmarked against 262 companies in Edtech. 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) 3.5× above median
This company$8.4M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.1× above median
This company$5.8M
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 6.6× above median
This company$132.1M
Sector median$19.9M

Raised more than 79% of sector peers (real $). Modeled value above 90% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #5 of 15.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Make School Inc. · Series A Raised $27.3M · modeled $235.2M (est)Calvert Education Services, LLC · Series A Raised $13.3M · modeled $208.9M (est)Grovo Learning, Inc. · Series A Raised $12.8M · modeled $177.4M (est)MarcoPolo Learning, Inc. · Series A Raised $10.9M · modeled $159.3M (est)Higher Learning Technologies Inc. · Series A Raised $12.8M · modeled $129.5M (est)Educational Products Holdings LLC · Series A Raised $6.1M · modeled $95.6M (est)QuickStart Learning Inc. · Series A Raised $5.5M · modeled $86.7M (est)Puzzlebox Academy Of Orlando Holding Llc · Series A Raised $5.5M · modeled $86.2M (est)Big Blue Swim School, Llc · Series A Raised $6.3M · modeled $78.4M (est)Quad Learning, Inc. · Series A Raised $46.2M · modeled $75.2M (est)Triumph Higher Education Group, LLC · Series A Raised $30.1M · modeled $70.6M (est)Carolina Education & Ministry Investors Two, LLC (this company) Raised $8.4M · modeled $132.1M (est)Carolina Education & Ministry Investors Two, LLC
CompanyStageRaised · realValue · estvs peer med.
Make School Inc.Series A$27.3M$235.2M2.71×
Calvert Education Services, LLCSeries A$13.3M$208.9M2.41×
Grovo Learning, Inc.Series A$12.8M$177.4M2.05×
MarcoPolo Learning, Inc.Series A$10.9M$159.3M1.84×
Carolina Education & Ministry Investors Two, LLC this companySeries A$8.4M$132.1M1.52×
Higher Learning Technologies Inc.Series A$12.8M$129.5M1.49×
Educational Products Holdings LLCSeries A$6.1M$95.6M1.10×
QuickStart Learning Inc.Series A$5.5M$86.7M1.00×
Puzzlebox Academy Of Orlando Holding LlcSeries A$5.5M$86.2M0.99×
Big Blue Swim School, LlcSeries A$6.3M$78.4M0.90×
Quad Learning, Inc.Series A$46.2M$75.2M0.87×
Triumph Higher Education Group, LLCSeries A$30.1M$70.6M0.81×
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$8.4M2018-03-23$38.3M$132.1M90%
Series A$5.8M2018-03-23$26.4M$91.0M90%
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$8.4M2018-03-23
    • First recorded raise — entered as Series A.
    • 16 investors on this round.
  2. Series A$5.8M2018-03-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 13 investors on this round.
Intelligence
Modeled next raise
$5.8M
Modeled next size est.range $5.8M$9.3M
0.7×
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
Jack R Shaw2018-03
. R IPH Foundation2018-03
Robert R Roberson2018-03
William R Till2018-03
Registry & provenance

Carolina Education & Ministry Investors Two, 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
1734160
SEC CIK
2017
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
SchooLinks, Inc.EdtechSeries A$8.3M$105.2Msame sector · same stage
Boddle Learning, Inc.EdtechSeries A$8.2M$14.7Msame sector · same stage
Sense Education, Inc.EdtechSeries A$8.7M$13.9Msame sector · same stage
Emmersion Learning, Inc.EdtechSeries A$8.8M$62.8Msame sector · same stage
Electus Global Education Co IncEdtechSeries A$7.9M$1.3Msame sector · same stage
Crown Business Academy LtdEdtechSeries A$9.0M$25.8Msame sector · same stage
Otter Learning Holdings, LLCEdtechSeries A$9.1M$23.4Msame sector · same stage
Ubits Learning Solutions Holdings LtdEdtechSeries A$7.5M$91.8Msame 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
Education Investment Holding Co LLCEdtechSeries A$66.8M84%
EdTech Invest, LLCEdtechSeed$28.9M82%
Open Education Holdings Inc.EdtechSeries C$8.5M81%
Educational Products Holdings LLCEdtechSeries A$95.6M81%
ACI Learning Holdings, LLCEdtechSeed$20.1M80%
Springboard Education Holdings, LlcEdtechSeries A$23.5M79%
Otter Learning Holdings, LLCEdtechSeries A$23.4M79%
Learning Explorer Holdings, LLCEdtechSeries B$193.2M78%
Frequently asked
How much funding has Carolina Education & Ministry Investors Two, LLC raised?
Carolina Education & Ministry Investors Two, LLC has raised approximately $8.4M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Carolina Education & Ministry Investors Two, LLC's estimated valuation?
Provath's modeled valuation for Carolina Education & Ministry Investors Two, LLC is approximately $132.1M (modeled range $10.6M–$718.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Carolina Education & Ministry Investors Two, LLC at?
Carolina Education & Ministry Investors Two, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Mar 23.
What does Carolina Education & Ministry Investors Two, LLC do and where is it based?
Carolina Education & Ministry Investors Two, LLC operates in the Edtech sector, based in FAYETTEVILLE.
Explore related

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