Companies · Food & Beverage

Confluence Spirits, Inc.

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

Diligence memoA one-page analyst read on Confluence Spirits, Inc. — recommendation, valuation, rhythm, risks.
$2.0M
Total raised · real
1
Rounds
Latest step-up
Top 28%
Sector rank · raised
Seed
Latest stage · inferred · Thu Jun 08 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Confluence Spirits, Inc. looks over-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.

Over-valued
  • Modeled value is 1.55× the median modeled value of Seed Food & Beverage companies in 2022–2024 (25 peers) — value vs value, same stage and era.
Dormant
  • Last raise 3.1 yr ago; this sector typically re-raises about every 15 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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

Confluence Spirits, Inc. is one of 567 Food & Beverage companies tracked from MORRISON. By capital raised it ranks in the upper tier (ahead of 73% 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
7
Investors (latest)
2022
Year incorporated
2023-06-08
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$5.0M$10M$15M$20MSeed · 2023-06-08 Raised $2.0M (real) Modeled valuation $12M (est)$2.0M$12MSeed2023

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$2.0M · 2023

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: 50%.

Modeled valuation trajectory
$12.2M
Base estimate est.
$1.8M
Conservative case
$43.4M
Upside case
$9.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.1 yr
On record since
2023
First round
1
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) 1.6× above median
This company$2.0M
Sector median$1.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.3× above median
This company$2.0M
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 1.2× above median
This company$12.2M
Sector median$10.6M

Raised more than 73% of sector peers (real $). Modeled value above 71% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #6 of 25.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Lucky Beverage Co. · Seed Raised $4.0M · modeled $21.2M (est)Day One Beverages, Inc. · Seed Raised $2.1M · modeled $17.6M (est)Pike Brewing Co · Seed Raised $1.8M · modeled $16.4M (est)Belle Meade Spirits, LLC · Seed Raised $3.7M · modeled $13.7M (est)Cafeteria Inc. · Seed Raised $3.0M · modeled $12.7M (est)Stilly Spirits Llc · Seed Raised $1.7M · modeled $11.4M (est)BCG Spirits Holdings, LLC · Seed Raised $1.8M · modeled $10.8M (est)St. Elmo Brewery Llc · Seed Raised $1.1M · modeled $10.6M (est)Holla Spirits, LLC · Seed Raised $4.1M · modeled $10.5M (est)Renais Spirits Ltd · Seed Raised $2.4M · modeled $10.2M (est)Stacked Spirits, Inc. · Seed Raised $1.5M · modeled $8.6M (est)Confluence Spirits, Inc. (this company) Raised $2.0M · modeled $12.2M (est)Confluence Spirits, Inc.
CompanyStageRaised · realValue · estvs peer med.
Lucky Beverage Co.Seed$4.0M$21.2M2.69×
Day One Beverages, Inc.Seed$2.1M$17.6M2.23×
Pike Brewing CoSeed$1.8M$16.4M2.08×
Belle Meade Spirits, LLCSeed$3.7M$13.7M1.74×
Cafeteria Inc.Seed$3.0M$12.7M1.62×
Confluence Spirits, Inc. this companySeed$2.0M$12.2M1.55×
Stilly Spirits LlcSeed$1.7M$11.4M1.45×
BCG Spirits Holdings, LLCSeed$1.8M$10.8M1.37×
St. Elmo Brewery LlcSeed$1.1M$10.6M1.35×
Holla Spirits, LLCSeed$4.1M$10.5M1.33×
Renais Spirits LtdSeed$2.4M$10.2M1.30×
Stacked Spirits, Inc.Seed$1.5M$8.6M1.09×
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$2.0M2023-06-08$9.8M$12.2M90%
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$2.0M2023-06-08
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
Intelligence
Modeled next raise
$3.1M
Modeled next size est.range $2.0M$5.0M
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
Jake Norris2023-06
Scott Kerkmans2023-06
Registry & provenance

Confluence Spirits, 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
1982330
SEC CIK
2022
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
Freeland Spirits LLCFood & BeverageSeed$2.0M$11.0Msame sector · same stage
Filmland Spirits, Inc.Food & BeverageSeed$2.1M$7.9Msame sector · same stage
Day One Beverages, Inc.Food & BeverageSeed$2.1M$17.6Msame sector · same stage
Pike Brewing CoFood & BeverageSeed$1.8M$16.4Msame sector · same stage
BCG Spirits Holdings, LLCFood & BeverageSeed$1.8M$10.8Msame sector · same stage
Cadee Distillery, Inc.Food & BeverageSeed$1.7M$20.9Msame sector · same stage
Spruce Street Beverages, LLCFood & BeverageSeed$1.7M$24.2Msame sector · same stage
Balmaghie Beverage Group Inc.Food & BeverageSeed$2.3M$641Ksame 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
Spirits Global Inc.Food & BeverageSeries B$285.2M86%
Unifying Spirits, LlcFood & BeveragePre-Seed$717K86%
Salute Spirits, Inc.Food & BeveragePre-Seed$7.7M85%
Smile Spirits, Inc.Food & BeveragePre-Seed$523K85%
Tahoe Spirits, Inc.Food & BeverageSeries A$5.7M85%
Stacked Spirits, Inc.Food & BeverageSeed$8.6M84%
Vosa Spirits, LLCFood & BeveragePre-Seed$12.3M84%
Far North Spirits, Inc.Food & BeveragePre-Seed$2.3M84%
Frequently asked
How much funding has Confluence Spirits, Inc. raised?
Confluence Spirits, Inc. has raised approximately $2.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Confluence Spirits, Inc.'s estimated valuation?
Provath's modeled valuation for Confluence Spirits, Inc. is approximately $12.2M (modeled range $1.8M–$43.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Confluence Spirits, Inc. at?
Confluence Spirits, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Jun 08.
What does Confluence Spirits, Inc. do and where is it based?
Confluence Spirits, Inc. operates in the Food & Beverage sector, based in MORRISON.
Explore related

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