Diligence memo · auto-generated · as of July 2, 2026
Cersei Topco, Llc
Cersei Topco, Llc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Cersei Topco, Llc operates in Other, based in SAN FRANCISCO.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cersei Topco, Llc has raised $854M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $854M on 2018-09-12.
Most recent recorded round closed around 2018-09-12.
Valuation (modeled)modeled
Provath models Cersei Topco, Llc at approximately $15.2B (range $6.7B–$27.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.59× the median modeled value of Growth/Late Other companies in 2016–2018 (26 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 7.8 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.
Comparablesmixed
Capital scale ranks ahead of 100% of Other peers (25015 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: Papay Topco, Inc., Advanced Disposal Services, Inc., MB Parent Holdco, L.P., FARMER & THE COWMAN Ltd LIABILITY Co, Owl Finance plc.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.