Companies · Investment Vehicle

COTA Emerald City Fund LP

AUSTIN · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on COTA Emerald City Fund LP — recommendation, valuation, rhythm, risks.
$46.5M
Total raised · real
1
Rounds
0.2×
Latest step-up
Top 11%
Sector rank · raised
Series C
Latest stage · inferred · Thu Aug 24 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

COTA Emerald City Fund LP has raised $46M over 1 round; 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.

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

Issuer-vehicle patternmedium confidence

COTA Emerald City Fund 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
2.9 yr record
Peak capital year was 2023 with $56.5M across 2 filings.
Market position
ahead of 90% of Investment Vehicle peers
Capital scale is ahead of 90% of Investment Vehicle peers; modeled value is above 90% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2023: $56.5M across 2 filings.
  • Largest single filing was $46.5M on 2023-08-24.
  • Filing rows sum to $56.5M, while canonical raised total is $46.5M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Investment Vehicle

COTA Emerald City Fund LP is one of 1793 Investment Vehicle companies tracked from AUSTIN. By capital raised it ranks among the largest (ahead of 90% 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
1
Investors (latest)
2022
Year incorporated
2023-08-24
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$125M$250M$375M$500MSeries C · 2023-08-24 Raised $46M (real) Modeled valuation $426M (est)$46M$426MSeries C2023Series A · 2023-08-24 Raised $10M (real) Modeled valuation $59M (est)$10M$59MSeries A2023+$10MCumulative $56M

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 C$46.5M · 2023
Bridge · Series C-stage$10.0M · 2023smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 40%.

Modeled valuation trajectory
$426.0M
Base estimate est.
$179.6M
Conservative case
$728.0M
Upside case
$309.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series C · modeled $426.0M · 2023-08-242023Series A · modeled $58.9M · 2023-08-242023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
2.9 yr
Elapsed time used
2.9 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
2.9 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. 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) 14× above median
This company$46.5M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$10.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 17× above median
This company$426.0M
Sector median$25.2M

Raised more than 90% of sector peers (real $). Modeled value above 90% 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 C$46.5M2023-08-24$309.7M$426.0M90%
Series A$10.0M2023-08-24$45.5M$58.9M90%
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 C$46.5M2023-08-24
    • First recorded raise — entered as Series C.
    • 14 investors on this round.
  2. Series A$10.0M2023-08-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
Modeled next raise
$10.0M
Modeled next size est.range $10.0M$16.0M
0.2×
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
Christopher Thompson7 other2023-08
Robert Epstein7 other2023-08
Harry Zimmerman2 other2023-08
Kurt Rechner2 other2023-08
Alyssa Epstein1 other2023-08
Registry & provenance

COTA Emerald City Fund 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
2038423
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
COTA Racing & Entertainment LLCMedia & ContentSeries C$193.0M$265.4Mnetwork4 shared operators · same stage
Mindstrong, Inc.Other TechnologySeries B$52.0M$944.1Mnetwork1 shared operator
Fate Therapeutics IncBiotechnologySeries C$241.3M$2.0Bnetwork1 shared operator · same stage
Medmo, Inc.Other Health CareSeries A$31.7M$44.7Mnetwork1 shared operator
G.I. Windows, Inc.BiotechnologySeries B$76.9M$218.1Mnetwork1 shared operator
Proscia Inc.Other TechnologySeries B$113.9M$206.4Mnetwork1 shared operator
2100 Freedom, Inc.OtherSeries B$17.7M$294.7Mnetwork1 shared operator
Bariendo Inc.BiotechnologySeries A$11.1M$40.9Mnetwork1 shared operator
Frequently asked
How much funding has COTA Emerald City Fund LP raised?
COTA Emerald City Fund LP has raised approximately $46.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is COTA Emerald City Fund LP's estimated valuation?
Provath's modeled valuation for COTA Emerald City Fund LP is approximately $426.0M (modeled range $179.6M–$728.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is COTA Emerald City Fund LP at?
COTA Emerald City Fund LP's latest modeled financing stage is Series C. Its most recent recorded round closed around Thu Aug 24.
What does COTA Emerald City Fund LP do and where is it based?
COTA Emerald City Fund LP operates in the Investment Vehicle sector, based in AUSTIN.
Explore related

See where COTA Emerald City Fund 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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