Companies · Manufacturing

Dakotaland Group, LLC

MINNEAPOLIS · Manufacturing

Diligence memoA one-page analyst read on Dakotaland Group, LLC — recommendation, valuation, rhythm, risks.
$27.6M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 12%
Sector rank · raised
Series B
Latest stage · inferred · Wed Jan 15 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Dakotaland Group, LLC looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the manufacturing 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 0.18× the median modeled value of Series B Manufacturing companies in 2025–2027 (16 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 12 months.
  • Slightly overdue versus sector cadence.

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

Issuer-vehicle patternmedium confidence

Dakotaland 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
3.3 yr record
Peak capital year was 2023 with $25.1M across 1 filings.
Market position
ahead of 89% of Manufacturing peers
Capital scale is ahead of 89% of Manufacturing 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 2023: $25.1M across 1 filings.
  • Largest single filing was $25.1M on 2023-02-28.
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 Manufacturing

Dakotaland Group, LLC is one of 3257 Manufacturing companies tracked from MINNEAPOLIS. By capital raised it ranks in the upper tier (ahead of 89% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023
Year incorporated
2025-01-15
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$50M$100M$150M$200MSeries B · 2023-02-28 Raised $25M (real) Modeled valuation $173M (est)$25M$173MSeries B2023Series B · 2025-01-15 Raised $2.5M (real) Modeled valuation $12M (est)$2.5M$12MSeries B2025+$2.5MCumulative $28M

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 B$25.1M · 2023
Series B extension$2.5M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$12.4M
Base estimate est.
$6.4M
Conservative case
$20.0M
Upside case
$13.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Series B · modeled $173.3M · 2023-02-282023Series B · modeled $12.4M · 2025-01-152025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
69%
Survival probability
46% low · 85% high
1.19×/yr
Annual markup
1.44×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
23 mo
Avg between rounds
$14.7M/yr
Capital velocity
3.3 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3257 companies in Manufacturing. 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$27.6M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$2.5M
Sector median$18.5M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$12.4M
Sector median$12.0M

Raised more than 89% of sector peers (real $). Modeled value above 51% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #14 of 16.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Lexington Medical, Inc. · Series B Raised $37.8M · modeled $180.3M (est)Lumber Manufactory Inc. · Series B Raised $53.1M · modeled $155.7M (est)PulseForge, Inc. · Series B Raised $28.0M · modeled $128.4M (est)MOLG Inc. · Series B Raised $37.2M · modeled $123.4M (est)Elect Nano, LLC · Series B Raised $25.0M · modeled $107.9M (est)Electrified Materials Corp / IN · Series B Raised $20.0M · modeled $83.9M (est)Flamingo Electric Inc. · Series B Raised $21.6M · modeled $81.9M (est)Hyperframe Inc. · Series B Raised $28.0M · modeled $76.8M (est)Inventwood Inc. · Series B Raised $30.0M · modeled $62.8M (est)Lightpath Technologies Inc · Series B Raised $48.5M · modeled $35.4M (est)Compagnie Financiere Richemont Sa · Series B Raised $42.4M · modeled $29.5M (est)CleanFiber, LLC · Series B Raised $111.8M · modeled $28.7M (est)Dakotaland Group, LLC (this company) Raised $27.6M · modeled $12.4M (est)Dakotaland Group, LLC
CompanyStageRaised · realValue · estvs peer med.
Lexington Medical, Inc.Series B$37.8M$180.3M2.58×
Lumber Manufactory Inc.Series B$53.1M$155.7M2.23×
PulseForge, Inc.Series B$28.0M$128.4M1.84×
MOLG Inc.Series B$37.2M$123.4M1.77×
Elect Nano, LLCSeries B$25.0M$107.9M1.54×
Electrified Materials Corp / INSeries B$20.0M$83.9M1.20×
Flamingo Electric Inc.Series B$21.6M$81.9M1.17×
Hyperframe Inc.Series B$28.0M$76.8M1.10×
Inventwood Inc.Series B$30.0M$62.8M0.90×
Lightpath Technologies IncSeries B$48.5M$35.4M0.51×
Compagnie Financiere Richemont SaSeries B$42.4M$29.5M0.42×
CleanFiber, LLCSeries B$111.8M$28.7M0.41×
Dakotaland Group, LLC this companySeries B$27.6M$12.4M0.18×
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 B$25.1M2023-02-28$139.6M$173.3M90%
Series B$2.5M2025-01-15$13.9M$12.4M90%
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 B$25.1M2023-02-28
    • First recorded raise — entered as Series B.
    • 3 investors on this round.
  2. Series B$2.5M2025-01-15
    • Raised again after 23 mo — slower than the ~12 mo sector norm.
    • Round 10.0× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2026 ~Q4
Modeled next raise · ~23mo cadence
$2.5M
Modeled next size est.range $2.5M$4.0M
0.1×
Last step-up
$14.7M/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
Nii Quaye2 other2023-02
Vikram Narain1 other2023-02
David Mortenson2023-02
Justin Hess2025-01
Matthew Erfman2023-02
Mike Schuffenhauer2025-01
Registry & provenance

Dakotaland 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
1968619
SEC CIK
2023
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
VGI Plastics Sub Acquisition Company, LLCManufacturingSeries B$22.3M$163.9Mnetwork2 shared operators · same sector · same stage
HaloSource IncManufacturingSeries B$22.9M$10.8Msame sector · same stage
China Gerui Advanced Materials Group LtdManufacturingSeries B$19.9M$12.1Msame sector · same stage
Lightning Gaming, Inc.ManufacturingSeries B$18.5M$11.0Msame sector · same stage
First Breach, Inc.ManufacturingSeries B$17.6M$14.9Msame sector · same stage
Lapolla Industries IncManufacturingSeries A$27.9M$14.8Msame sector
Project Frog IncManufacturingSeries B$82.7M$11.9Msame sector · same stage
NANOSTATICS CorpManufacturingSeries A$29.7M$14.4Msame sector
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
Johnson Enterprises of America, Inc.ManufacturingPre-Seed$3.1M84%
SDC Nutrition, Inc.ManufacturingSeed$1.5M83%
TPEG Donnelly Investors LLCManufacturingSeries A$91.6M81%
Delta Millworks Holdings, LLCManufacturingPre-Seed$1.5M81%
Terwilliger Partners, LLCManufacturingSeries C$454.0M81%
Innopak Holdings, LLCManufacturingSeries C$536.5M81%
Buffalo Armory LLCManufacturingSeed$12.3M81%
Buffalo River Operations LLCManufacturingPre-Seed$2.1M81%
Frequently asked
How much funding has Dakotaland Group, LLC raised?
Dakotaland Group, LLC has raised approximately $27.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Dakotaland Group, LLC's estimated valuation?
Provath's modeled valuation for Dakotaland Group, LLC is approximately $12.4M (modeled range $6.4M–$20.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Dakotaland Group, LLC at?
Dakotaland Group, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Jan 15.
What does Dakotaland Group, LLC do and where is it based?
Dakotaland Group, LLC operates in the Manufacturing sector, based in MINNEAPOLIS.
Explore related

See where Dakotaland Group, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Dakotaland Group, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.