Diligence memo · auto-generated · as of July 3, 2026
Crosstown Fiber Holdings LLC
Crosstown Fiber Holdings LLC looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Crosstown Fiber Holdings LLC operates in Telecommunications, based in LOMBARD.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Crosstown Fiber Holdings LLC has raised $164M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $87M on 2022-08-01.
Most recent recorded round closed around 2023-02-03.
Valuation (modeled)modeled
Provath models Crosstown Fiber Holdings LLC at approximately $848M (range $289M–$1.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.35× the median modeled value of Series C Telecommunications companies in 2022–2024 (8 peers) — value vs value, same stage and era. Within the normal band (135% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 2 months.
Last raise 3.4 yr ago; this sector typically re-raises about every 10 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 22.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 95% of Telecommunications peers (929 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Clickatell Corp, Flr Grants, Inc., Ribbon Communications Inc., Main Line Sports Assets, Inc., Gigs Inc..
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.