Companies · Other

Eagle River Capital, LLC

Greenwood Village · Other

Diligence memoA one-page analyst read on Eagle River Capital, LLC — recommendation, valuation, rhythm, risks.
$49.3M
Total raised · real
6
Rounds
2.0×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Tue Oct 05 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Eagle River Capital, LLC looks under-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.

Under-valued
  • Modeled value is 0.65× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era.
  • Issuer reports $25M–$100M revenue while modeled below niche peers.
Dormant
  • Last raise 4.7 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal 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

Eagle River Capital, 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
9.4 yr record
Peak capital year was 2021 with $16.0M across 1 filings.
Market position
ahead of 93% of Other peers
Capital scale is ahead of 93% of Other peers; modeled value is above 89% 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
Lower 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.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $16.0M across 1 filings.
  • Largest single filing was $16.0M on 2021-10-05.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Other

Eagle River Capital, LLC is one of 25008 Other companies tracked from Greenwood Village. By capital raised it ranks among the largest (ahead of 93% 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
$25M–$100M
Issuer revenue
Rule 506(b)
Reg D exemption
33
Investors (latest)
2021-10-05
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$500MSeed · 2017-02-21 Raised $3.0M (real) Modeled valuation $56M (est)$3.0M$56MSeed2017Series A · 2017-06-30 Raised $5.3M (real) Modeled valuation $79M (est)$5.3M$79MSeries A2017Series A · 2018-04-09 Raised $13M (real) Modeled valuation $201M (est)$13M$201MSeries A2018Series A · 2019-05-23 Raised $3.9M (real) Modeled valuation $58M (est)$3.9M$58MSeries A2019Series A · 2020-03-12 Raised $7.9M (real) Modeled valuation $120M (est)$7.9M$120MSeries A2020Series B · 2021-10-05 Raised $16M (real) Modeled valuation $195M (est)$16M$195MSeries B2021+$5.3M+$13M+$3.9M+$7.9M+$16MCumulative $49M

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$3.0M · 2017
Series A$5.3M · 2017
Series A extension$13.3M · 2018
Series A extension$3.9M · 2019
Series A extension$7.9M · 2020
Series B$16.0M · 2021

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: 75%.

Modeled valuation trajectory
$194.6M
Base estimate est.
$40.0M
Conservative case
$588.0M
Upside case
$88.9M
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. Directional, not a quoted figure.

Seed · modeled $55.8M · 2017-02-212017Series A · modeled $79.5M · 2017-06-30Series A · modeled $200.6M · 2018-04-09Series A · modeled $58.3M · 2019-05-23Series A · modeled $120.3M · 2020-03-12Series B · modeled $194.6M · 2021-10-052021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$10.7M/yr
Capital velocity
9.4 yr
On record since
2017
First round
6
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 24× above median
This company$49.3M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.8× of median
This company$16.0M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 11× above median
This company$194.6M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 89% 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 #305 of 371.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)MStar Holding Corp · Series B Raised $67.6M · modeled $645.3M (est)Chlorum Solutions Llc · Series B Raised $39.7M · modeled $626.8M (est)IFS Management Holdco, LLC · Series B Raised $37.5M · modeled $623.8M (est)Benefit Recovery Group, LLC · Series B Raised $40.0M · modeled $618.0M (est)Shenandoah Growers, Inc. · Series B Raised $74.2M · modeled $613.0M (est)Zmco Llc · Series B Raised $40.0M · modeled $610.1M (est)PathStream, Inc. · Series B Raised $38.8M · modeled $601.9M (est)MXY Holdings, LLC · Series B Raised $49.9M · modeled $597.0M (est)Ryzac, Inc. · Series B Raised $42.5M · modeled $593.9M (est)Plouton Datacenter I, Inc. · Series B Raised $35.3M · modeled $586.5M (est)Es Ei Llc · Series B Raised $35.3M · modeled $585.7M (est)Factor Law, Inc. · Series B Raised $36.3M · modeled $569.9M (est)Eagle River Capital, LLC (this company) Raised $49.3M · modeled $194.6M (est)Eagle River Capital, LLC
CompanyStageRaised · realValue · estvs peer med.
MStar Holding CorpSeries B$67.6M$645.3M2.16×
Chlorum Solutions LlcSeries B$39.7M$626.8M2.10×
IFS Management Holdco, LLCSeries B$37.5M$623.8M2.09×
Benefit Recovery Group, LLCSeries B$40.0M$618.0M2.07×
Shenandoah Growers, Inc.Series B$74.2M$613.0M2.05×
Zmco LlcSeries B$40.0M$610.1M2.04×
PathStream, Inc.Series B$38.8M$601.9M2.01×
MXY Holdings, LLCSeries B$49.9M$597.0M2.00×
Ryzac, Inc.Series B$42.5M$593.9M1.99×
Plouton Datacenter I, Inc.Series B$35.3M$586.5M1.96×
Es Ei LlcSeries B$35.3M$585.7M1.96×
Factor Law, Inc.Series B$36.3M$569.9M1.91×
Eagle River Capital, LLC this companySeries B$49.3M$194.6M0.65×
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$3.0M2017-02-21$15.0M$55.8M90%
Series A$5.3M2017-06-30$23.9M$79.5M90%
Series A$13.3M2018-04-09$60.2M$200.6M90%
Series A$3.9M2019-05-23$17.5M$58.3M90%
Series A$7.9M2020-03-12$36.1M$120.3M90%
Series B$16.0M2021-10-05$88.9M$194.6M90%
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$3.0M2017-02-21
    • First recorded raise — entered as Seed.
    • 15 investors on this round.
  2. Series A$5.3M2017-06-30
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • Revenue band moved No revenue → $0–$1M.
    • 21 investors on this round.
  3. Series A$13.3M2018-04-09
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 28 investors on this round.
  4. Series A$3.9M2019-05-23
    • Raised 13 mo later, in step with the ~11 mo sector norm.
    • Round 3.4× smaller than the prior — bridge or down round.
    • 27 investors on this round.
  5. Series A$7.9M2020-03-12
    • Raised 10 mo later, in step with the ~11 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 25 investors on this round.
  6. Series B$16.0M2021-10-05
    • Raised again after 19 mo — slower than the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 33 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~11mo cadence
$32.2M
Modeled next size est.range $20.9M$51.5M
2.0×
Last step-up
$10.7M/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
Eric Miller6 other2018-04
Thomas Miller4 other2017-02
Tom Miller3 other2021-10
Scott Maierhofer2 other2021-10
Brian C Cleveringa2017-06
Brian Cleveringa2018-04
Bruce Bilger2021-10
Bruce C Bilger2017-02
Eric C Miller2017-06
Joe C Quarin2017-02
Joe Quarin2021-10
Randall C Lofquist2020-03
Randall Lofquist2021-10
Scott C Maierhofer2017-02
Tod C Holmes2017-02
Tod Holmes2021-10
Registry & provenance

Eagle River Capital, 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
1690983
SEC CIK
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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.

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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
Eagle Creek Holdings, LLCOtherSeries A$30.4M90%
One River Asset Management, LLCOtherSeries A$210.6M85%
First Eagle Holdings, Inc.OtherSeries B$281.9M84%
Bridge Capital Group, LLCOtherSeries A$36.6M84%
Eagles Nest SD Holdings, LLCOtherSeed$16.8M83%
EEP Capital LLCOtherSeed$30.3M83%
NEP Fawn River Holdings LLCOtherSeries A$115.6M83%
EagleCorps Inc.OtherSeed$13.0M83%
Frequently asked
How much funding has Eagle River Capital, LLC raised?
Eagle River Capital, LLC has raised approximately $49.3M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Eagle River Capital, LLC's estimated valuation?
Provath's modeled valuation for Eagle River Capital, LLC is approximately $194.6M (modeled range $40.0M–$588.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Eagle River Capital, LLC at?
Eagle River Capital, LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Oct 05.
What does Eagle River Capital, LLC do and where is it based?
Eagle River Capital, LLC operates in the Other sector, based in Greenwood Village.
Explore related

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