Companies · Food & Beverage

Cleveland Kitchen Co.

CLEVELAND · Food & Beverage · refined from filed group “Other

Diligence memoA one-page analyst read on Cleveland Kitchen Co. — recommendation, valuation, rhythm, risks.
$27.0M
Total raised · real
4
Rounds
0.5×
Latest step-up
Top 5%
Sector rank · raised
Series B
Latest stage · inferred · Wed May 07 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Cleveland Kitchen Co. has raised $27M over 4 rounds; too few niche peers to rank its valuation yet.

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.

Active
  • Last raise 14 mo ago; this sector typically re-raises about every 15 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Food & Beverage

Cleveland Kitchen Co. is one of 567 Food & Beverage companies tracked from CLEVELAND. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the upper tier 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
5
Investors (latest)
2025-05-07
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$200MPre-Seed · 2021-09-01 Raised $1.0M (real) Modeled valuation $14M (est)$1.0M$14MPre-Seed2021Series B · 2022-02-25 Raised $17M (real) Modeled valuation $189M (est)$17M$189MSeries B2022Series B · 2023-10-16 Raised $6.0M (real) Modeled valuation $44M (est)$6.0M$44MSeries B2023Series B · 2025-05-07 Raised $2.9M (real) Modeled valuation $15M (est)$2.9M$15MSeries B2025+$17M+$6.0M+$2.9MCumulative $27M

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
Pre-Seed$1.0M · 2021
Series B$17.1M · 2022no Seed / Series A on file
Series B extension$6.0M · 2023
Series B extension$2.9M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$14.6M
Base estimate est.
$7.3M
Conservative case
$22.2M
Upside case
$16.1M
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.

Pre-Seed · modeled $13.9M · 2021-09-012021Series B · modeled $188.6M · 2022-02-25Series B · modeled $44.3M · 2023-10-16Series B · modeled $14.6M · 2025-05-072025
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
1.1 yr
Elapsed time used
1.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$7.3M/yr
Capital velocity
4.8 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. 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) 22× above median
This company$27.0M
Sector median$1.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.9M
Sector median$19.7M
Modeled value — vs sector median (estimate, all stages) 1.4× above median
This company$14.6M
Sector median$10.6M

Raised more than 96% of sector peers (real $). Modeled value above 74% 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 companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Splash Beverage Group, Inc. · Series B Raised $50.8M · modeled $161.9M (est)Green Light Beverage, Inc. · Series B Raised $54.8M · modeled $68.9M (est)Cleveland Kitchen Co. (this company) Raised $27.0M · modeled $14.6M (est)Cleveland Kitchen Co.
CompanyStageRaised · realValue · estvs peer med.
Splash Beverage Group, Inc.Series B$50.8M$161.9M2.35×
Green Light Beverage, Inc.Series B$54.8M$68.9M1.00×
Cleveland Kitchen Co. this companySeries B$27.0M$14.6M0.21×
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.
Pre-Seed$1.0M2021-09-01$5.6M$13.9M90%
Series B$17.1M2022-02-25$94.8M$188.6M90%
Series B$6.0M2023-10-16$33.3M$44.3M90%
Series B$2.9M2025-05-07$16.1M$14.6M90%
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. Pre-Seed$1.0M2021-09-01
    • First recorded raise — entered as Pre-Seed.
    • 34 investors on this round.
  2. Series B$17.1M2022-02-25
    • Came back fast: 6 mo vs the ~15 mo sector norm.
    • Round 17.1× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Series B$6.0M2023-10-16
    • Raised 20 mo later, in step with the ~15 mo sector norm.
    • Round 2.8× smaller than the prior — bridge or down round.
  4. Series B$2.9M2025-05-07
    • Raised 19 mo later, in step with the ~15 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 5 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~15mo cadence
$2.9M
Modeled next size est.range $2.9M$4.6M
0.5×
Last step-up
$7.3M/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
James Graham2 other2022-02
Alexander Schneider1 other2021-09
Andrew Anderson2021-09
DARREN BUCK2021-09
Luke Visnic2021-09
Macian Anderson2021-09
TERRENCE SCHULKE2022-02
Terry Schulke2025-05
Registry & provenance

Cleveland Kitchen Co. 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
1887185
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
Zen Beverage Investors, LLCFood & BeverageSeries B$21.0M$25.6Msame sector · same stage
Sustainable Beverage Technologies Inc.Food & BeverageSeries A$25.1M$3.5Msame sector
Drake's Organic Spirits, Inc.Food & BeverageSeries A$24.6M$8.1Msame sector
Best Day Brewing, Inc.Food & BeverageSeries A$33.0M$16.4Msame sector
Tahoe Spirits, Inc.Food & BeverageSeries A$18.2M$5.7Msame sector
Sprinter Spirits, Inc.Food & BeverageSeries A$16.8M$12.6Msame sector
Wisconsin Brewing Company, LLCFood & BeverageSeries A$16.8M$6.2Msame sector
Pure Madness Brewery Group, LLCFood & BeverageSeries A$16.0M$11.0Msame sector
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
Good Kitchen, LLCFood & BeveragePre-Seed$15.0M82%
Chefs' Warehouse, Inc.OtherSeed$55.8M82%
Haven's Kitchen, Inc.Food & BeverageSeed$59.2M81%
Kitchen Hub Inc.Food & BeverageSeries A$41.1M81%
Lagom Kitchen CoFood & BeverageSeries A$113.1M80%
Better Cooking Co.OtherSeries A$26.6M80%
Kelsi's Kitchen LLCFood & BeveragePre-Seed$1.5M80%
Virtual Kitchen Co.Food & BeverageSeries C$876.4M80%
Frequently asked
How much funding has Cleveland Kitchen Co. raised?
Cleveland Kitchen Co. has raised approximately $27.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Cleveland Kitchen Co.'s estimated valuation?
Provath's modeled valuation for Cleveland Kitchen Co. is approximately $14.6M (modeled range $7.3M–$22.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Cleveland Kitchen Co. at?
Cleveland Kitchen Co.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed May 07.
What does Cleveland Kitchen Co. do and where is it based?
Cleveland Kitchen Co. operates in the Food & Beverage sector, based in CLEVELAND.
Explore related

See where Cleveland Kitchen Co. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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