Companies · Other

Castle Brands Inc

NEW YORK · Other

Diligence memoA one-page analyst read on Castle Brands Inc — recommendation, valuation, rhythm, risks.
$11.1M
Total raised · real
4
Rounds
0.2×
Latest step-up
Top 22%
Sector rank · raised
Series A
Latest stage · inferred · Wed Aug 07 2013 00:00:00 GMT+0000 (Coordinated Universal Time)

Castle Brands Inc looks under-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.

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

Under-valued
  • Modeled value is 0.21× the median modeled value of Series A Other companies in 2013–2015 (623 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.9 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

Castle Brands Inc is one of 25008 Other companies tracked from NEW YORK. By capital raised it ranks in the upper tier (ahead of 79% of sector peers), and mid-pack 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$50M$100M$150M$200MSeed · 2009-09-21 Raised $1.9M (real) Modeled valuation $36M (est)$1.9M$36MSeed2009Seed · 2010-06-15 Raised $840K (real) Modeled valuation $16M (est)$840K$16MSeed2010Series A · 2011-06-08 Raised $7.1M (real) Modeled valuation $107M (est)$7.1M$107MSeries A2011Series A · 2013-08-07 Raised $1.3M (real) Modeled valuation $19M (est)$1.3M$19MSeries A2013+$840K+$7.1M+$1.3MCumulative $11M

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
Seed$1.9M · 2009
Seed extension$840K · 2010
Series A$7.1M · 2011
Series A extension$1.3M · 2013

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$18.9M
Base estimate est.
$1.7M
Conservative case
$102.9M
Upside case
$5.7M
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. Directional, not a quoted figure.

Seed · modeled $35.8M · 2009-09-212009Seed · modeled $15.6M · 2010-06-15Series A · modeled $107.2M · 2011-06-08Series A · modeled $18.9M · 2013-08-072013
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
6.0 yr
Elapsed time used
12.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$2.9M/yr
Capital velocity
16.8 yr
On record since
2009
First round
4
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) 5.4× above median
This company$11.1M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$1.3M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$18.9M
Sector median$17.7M

Raised more than 79% of sector peers (real $). Modeled value above 51% 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 #570 of 623.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)CanWel Building Materials Group Ltd. · Series A Raised $15.0M · modeled $227.0M (est)New Gold Recovery USA, Inc. · Series A Raised $17.8M · modeled $227.0M (est)ZAG America, LLC · Series A Raised $15.0M · modeled $227.0M (est)County Waste of Virginia, LLC · Series A Raised $15.0M · modeled $227.0M (est)Sound Seal Holdings, Inc. · Series A Raised $15.0M · modeled $227.0M (est)Marathon Patent Group, Inc. · Series A Raised $38.4M · modeled $227.0M (est)United Sample Inc · Series A Raised $31.2M · modeled $227.0M (est)Biloxi Baseball, LLC · Series A Raised $15.0M · modeled $227.0M (est)Content Partners Cyber Holdco, LP · Series A Raised $15.0M · modeled $227.0M (est)Nitro Software PTY LTD · Series A Raised $15.0M · modeled $227.0M (est)Revolution Lighting Technologies, Inc. · Series A Raised $18.8M · modeled $227.0M (est)Profile Products Institutional Co-Investor Holdings, LLC · Series A Raised $15.0M · modeled $227.0M (est)Castle Brands Inc (this company) Raised $11.1M · modeled $18.9M (est)Castle Brands Inc
CompanyStageRaised · realValue · estvs peer med.
CanWel Building Materials Group Ltd.Series A$15.0M$227.0M2.57×
New Gold Recovery USA, Inc.Series A$17.8M$227.0M2.57×
ZAG America, LLCSeries A$15.0M$227.0M2.57×
County Waste of Virginia, LLCSeries A$15.0M$227.0M2.57×
Sound Seal Holdings, Inc.Series A$15.0M$227.0M2.57×
Marathon Patent Group, Inc.Series A$38.4M$227.0M2.57×
United Sample IncSeries A$31.2M$227.0M2.57×
Biloxi Baseball, LLCSeries A$15.0M$227.0M2.57×
Content Partners Cyber Holdco, LPSeries A$15.0M$227.0M2.57×
Nitro Software PTY LTDSeries A$15.0M$227.0M2.57×
Revolution Lighting Technologies, Inc.Series A$18.8M$227.0M2.57×
Profile Products Institutional Co-Investor Holdings, LLCSeries A$15.0M$227.0M2.57×
Castle Brands Inc this companySeries A$11.1M$18.9M0.21×
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.
Seed$1.9M2009-09-21$9.6M$35.8M90%
Seed$840K2010-06-15$4.2M$15.6M90%
Series A$7.1M2011-06-08$32.2M$107.2M90%
Series A$1.3M2013-08-07$5.7M$18.9M90%
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. Seed$1.9M2009-09-21
    • First recorded raise — entered as Seed.
  2. Seed$840K2010-06-15
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
  3. Series A$7.1M2011-06-08
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 8.4× larger than the prior — scaling up.
  4. Series A$1.3M2013-08-07
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round 5.7× smaller than the prior — bridge or down round.
Intelligence
2014 ~Q4
Modeled next raise · ~16mo cadence
$1.3M
Modeled next size est.range $1.3M$2.0M
0.2×
Last step-up
$2.9M/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
Steven D. Rubin8 other2009-09
Glenn L. Halpryn2 other2009-09
Harvey P. Eisen1 other2009-09
Richard J. Lampen1 other2009-09
Alejandra J. Pena2013-08
Alfred J. Small2009-09
Dennis D. Scholl2009-09
Henry C. Beinstein2009-09
John F. Beaudette2009-09
John S. Glover2009-09
Mark E. Andrews III2013-08
Mark Kelley Andrews2009-09
Micaela L. Pallini2009-09
Phillip P. Frost2009-09
Phillip P. Frost, M.D.2013-08
Sergio D. Zyman2013-08
T. Kelley Spillane2009-09
Registry & provenance

Castle Brands Inc 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
1311538
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
CREI Multifamily 11246 Owner, LPOtherSeries A$11.2M$19.1Msame sector · same stage
K.G.S. Investment LLCOtherSeries A$11.2M$19.4Msame sector · same stage
Clover FranklinOtherSeries A$10.8M$18.3Msame sector · same stage
Eat Mezcla, Inc.OtherSeries A$12.2M$18.4Msame sector · same stage
Vopero Inc.OtherSeries A$9.9M$18.5Msame sector · same stage
Cu Direct CorpOtherSeries A$9.2M$19.1Msame sector · same stage
Bftv, LlcOtherSeries A$9.0M$18.6Msame sector · same stage
Integra Resources Corp.OtherSeries A$13.8M$18.4Msame sector · same stage
Frequently asked
How much funding has Castle Brands Inc raised?
Castle Brands Inc has raised approximately $11.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Castle Brands Inc's estimated valuation?
Provath's modeled valuation for Castle Brands Inc is approximately $18.9M (modeled range $1.7M–$102.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Castle Brands Inc at?
Castle Brands Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Aug 07.
What does Castle Brands Inc do and where is it based?
Castle Brands Inc operates in the Other sector, based in NEW YORK.
Explore related

See where Castle Brands Inc 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 Castle Brands Inc, 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.