Companies · Lodging and Conventions

Concord Sierra Racetrack Associates, LP

RALEIGH · Lodging and Conventions

Diligence memoA one-page analyst read on Concord Sierra Racetrack Associates, LP — recommendation, valuation, rhythm, risks.
$5.1M
Total raised · real
1
Rounds
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred

Concord Sierra Racetrack Associates, LP looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the lodging sector profile.

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 0.44× the median modeled value of Series A Lodging and Conventions companies (142 peers) — value vs value, same stage and era.
Active
  • No dated round to assess.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Concord Sierra Racetrack Associates, 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
56.5 yr record
Peak capital year was Undated with $5.1M across 1 filings.
Market position
ahead of 73% of Lodging and Conventions peers
Capital scale is ahead of 73% of Lodging and Conventions peers; modeled value is above 51% 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
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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in Undated: $5.1M across 1 filings.
  • Largest single filing was $5.1M on .
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 Lodging and Conventions

Concord Sierra Racetrack Associates, LP is one of 514 Lodging and Conventions companies tracked from RALEIGH. By capital raised it ranks in the upper tier (ahead of 73% 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$5.0M$10M$15M$20MSeries A · Raised $5.1M (real) Modeled valuation $11M (est)$5.1M$11MSeries A

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$5.1M

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
$11.3M
Base estimate est.
$6.1M
Conservative case
$15.4M
Upside case
$23.3M
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 lodging sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
48%
Survival probability
26% low · 66% high
1.13×/yr
Annual markup
1.43×/yr upside case
0.0 yr
Elapsed time used
0.0 yr actual, capped for stale marks
lodging
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
56.5 yr
On record since
1970
First round
1
Rounds on file
How it compares to the market

Benchmarked against 514 companies in Lodging and Conventions. 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) 2.0× above median
This company$5.1M
Sector median$2.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$5.1M
Sector median$7.0M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$11.3M
Sector median$10.8M

Raised more than 73% of sector peers (real $). Modeled value above 51% of peers (estimate).

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$5.1M$23.3M$11.3M90%
Intelligence
Modeled next raise
$8.2M
Modeled next size est.range $5.3M$13.1M
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
Mark G. Laport11 other
Richard G. Branca
Registry & provenance

Concord Sierra Racetrack Associates, 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
1475079
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
Chicago2875 LLCLodging and ConventionsSeries A$5.2M$21.9Msame sector · same stage
MHC Auburn, LLCLodging and ConventionsSeries A$5.2M$11.5Msame sector · same stage
8985 Amarillo Blvd., LLCLodging and ConventionsSeries A$5.0M$19.5Msame sector · same stage
JRV Fund I, LLCLodging and ConventionsSeries A$5.0M$11.0Msame sector · same stage
Springfield Hotel, LLCLodging and ConventionsSeries A$5.0M$20.7Msame sector · same stage
Wickenburg Hotel Group, LLCLodging and ConventionsSeries A$5.0M$20.7Msame sector · same stage
Apres Hotels LLCLodging and ConventionsSeries A$5.0M$12.4Msame sector · same stage
Fair Lakes Hotels Company, LLCLodging and ConventionsSeries A$5.3M$11.7Msame sector · same stage
Frequently asked
How much funding has Concord Sierra Racetrack Associates, LP raised?
Concord Sierra Racetrack Associates, LP has raised approximately $5.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Concord Sierra Racetrack Associates, LP's estimated valuation?
Provath's modeled valuation for Concord Sierra Racetrack Associates, LP is approximately $11.3M (modeled range $6.1M–$15.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Concord Sierra Racetrack Associates, LP at?
Concord Sierra Racetrack Associates, LP's latest modeled financing stage is Series A.
What does Concord Sierra Racetrack Associates, LP do and where is it based?
Concord Sierra Racetrack Associates, LP operates in the Lodging and Conventions sector, based in RALEIGH.
Explore related

See where Concord Sierra Racetrack Associates, LP sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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