Companies · Restaurants

Condado Holdings Group, LLC

COLUMBUS · Restaurants

Diligence memoA one-page analyst read on Condado Holdings Group, LLC — recommendation, valuation, rhythm, risks.
$25.0M
Total raised · real
2
Rounds
0.7×
Latest step-up
Top 5%
Sector rank · raised
Series A
Latest stage · inferred · Fri Oct 24 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Condado Holdings Group, LLC looks over-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 restaurants 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 1.94× the median modeled value of Series A Restaurants companies in 2025–2027 (18 peers) — value vs value, same stage and era.
Active
  • Last raise 8 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

Condado Holdings Group, 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
1.6 yr record
Peak capital year was 2024 with $15.0M across 1 filings.
Market position
ahead of 96% of Restaurants peers
Capital scale is ahead of 96% of Restaurants peers; modeled value is above 92% 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 2024: $15.0M across 1 filings.
  • Largest single filing was $15.0M on 2024-12-13.
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.
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 Restaurants

Condado Holdings Group, LLC is one of 2292 Restaurants companies tracked from COLUMBUS. By capital raised it ranks among the largest (ahead of 96% 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
2
Investors (latest)
2020
Year incorporated
2025-10-24
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$13M$25M$38M$50MSeries A · 2024-12-13 Raised $15M (real) Modeled valuation $34M (est)$15M$34MSeries A2024Series A · 2025-10-24 Raised $10M (real) Modeled valuation $22M (est)$10M$22MSeries A2025+$10MCumulative $25M

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$15.0M · 2024
Series A extension$10.0M · 2025

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
$21.8M
Base estimate est.
$11.5M
Conservative case
$34.8M
Upside case
$45.5M
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 restaurants sector profile. Directional, not a quoted figure.

Series A · modeled $34.1M · 2024-12-132024Series A · modeled $21.8M · 2025-10-242025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.05×/yr
Annual markup
1.33×/yr upside case
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$29.0M/yr
Capital velocity
1.6 yr
On record since
2024
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 28× above median
This company$25.0M
Sector median$900K
Latest round — vs other Series A rounds in sector (real $, this stage) 1.7× above median
This company$10.0M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 8.3× above median
This company$21.8M
Sector median$2.6M

Raised more than 96% of sector peers (real $). Modeled value above 92% 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 18.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Little Sesame Inc. · Series A Raised $15.9M · modeled $31.5M (est)Sunup Hospitality LLC · Series A Raised $13.0M · modeled $29.1M (est)Hudson Restaurant Group LLC · Series A Raised $10.2M · modeled $22.4M (est)Tomahawk 404, LLC · Series A Raised $10.2M · modeled $22.3M (est)HJW Investors LLC · Series A Raised $8.0M · modeled $17.3M (est)Crazy Pita Corp · Series A Raised $8.2M · modeled $17.1M (est)Dswdwk, Llc · Series A Raised $6.5M · modeled $14.7M (est)Bagels & Co. · Series A Raised $10.3M · modeled $11.4M (est)Tasty Hut Franchise Investors LP · Series A Raised $5.0M · modeled $11.1M (est)Tasty Select II LLC · Series A Raised $5.0M · modeled $11.0M (est)Coffee Fellows Operating, LLC · Series A Raised $5.0M · modeled $11.0M (est)Condado Holdings Group, LLC (this company) Raised $25.0M · modeled $21.8M (est)Condado Holdings Group, LLC
CompanyStageRaised · realValue · estvs peer med.
Little Sesame Inc.Series A$15.9M$31.5M2.80×
Sunup Hospitality LLCSeries A$13.0M$29.1M2.59×
Hudson Restaurant Group LLCSeries A$10.2M$22.4M2.00×
Tomahawk 404, LLCSeries A$10.2M$22.3M1.99×
Condado Holdings Group, LLC this companySeries A$25.0M$21.8M1.94×
HJW Investors LLCSeries A$8.0M$17.3M1.54×
Crazy Pita CorpSeries A$8.2M$17.1M1.52×
Dswdwk, LlcSeries A$6.5M$14.7M1.31×
Bagels & Co.Series A$10.3M$11.4M1.01×
Tasty Hut Franchise Investors LPSeries A$5.0M$11.1M0.99×
Tasty Select II LLCSeries A$5.0M$11.0M0.98×
Coffee Fellows Operating, LLCSeries A$5.0M$11.0M0.98×
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$15.0M2024-12-13$68.2M$34.1M90%
Series A$10.0M2025-10-24$45.5M$21.8M90%
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$15.0M2024-12-13
    • First recorded raise — entered as Series A.
    • 3 investors on this round.
  2. Series A$10.0M2025-10-24
    • Raised 10 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~10mo cadence
$10.0M
Modeled next size est.range $10.0M$16.0M
0.7×
Last step-up
$29.0M/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
John Troiano2 other2024-12
Alex Grzymala2024-12
Derrick Pratt2024-12
Joseph Kahn2024-12
Miguel Leal2024-12
Registry & provenance

Condado Holdings Group, 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
2049808
SEC CIK
2020
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
Elks Temple Properties LLCRestaurantsSeries A$24.5M$35.8Msame sector · same stage
Next Level Pizza IncRestaurantsSeries A$26.2M$29.1Msame sector · same stage
Lyfe Kitchen, LLCRestaurantsSeries A$23.8M$35.4Msame sector · same stage
UFood Restaurant Group, Inc.RestaurantsSeries A$23.4M$16.3Msame sector · same stage
Rci Hospitality Holdings, Inc.RestaurantsSeries A$21.8M$15.6Msame sector · same stage
Restaurant Technologies IncRestaurantsSeries A$19.0M$32.7Msame sector · same stage
Tupelo Honey Hospitality CorpRestaurantsSeries A$18.9M$18.5Msame sector · same stage
Kitchen Cafe, LLCRestaurantsSeries A$18.2M$27.3Msame 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
Alidoro Restaurant Group, LLCRestaurantsPre-Seed$2.6M88%
Barista Parlor Holdings, LLCRestaurantsSeed$1.8M87%
Sbarro Holdings, Inc.RestaurantsSeries A$21.0M87%
Bar Escondido LlcRestaurantsSeed$3.9M87%
Mas Hospitality Group Inc.RestaurantsPre-Seed$2.5M87%
Bodega Brands Inc.RestaurantsPre-Seed$748K87%
Los Caminos Fm Property LtdRestaurantsSeed$6.1M87%
GBB Hospitality Group, LLCRestaurantsSeed$1.1M87%
Frequently asked
How much funding has Condado Holdings Group, LLC raised?
Condado Holdings Group, LLC has raised approximately $25.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Condado Holdings Group, LLC's estimated valuation?
Provath's modeled valuation for Condado Holdings Group, LLC is approximately $21.8M (modeled range $11.5M–$34.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Condado Holdings Group, LLC at?
Condado Holdings Group, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Oct 24.
What does Condado Holdings Group, LLC do and where is it based?
Condado Holdings Group, LLC operates in the Restaurants sector, based in COLUMBUS.
Explore related

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