Diligence memo · auto-generated · as of July 2, 2026

Emerging Restaurant Fund I, LLC

Emerging Restaurant Fund I, LLC looks fair against its niche peers and is active on financing cadence.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Emerging Restaurant Fund I, LLC operates in Restaurants, based in DEL MAR.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Emerging Restaurant Fund I, LLC has raised $10M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $10M on —.

Valuation (modeled)modeled

Provath models Emerging Restaurant Fund I, LLC at approximately $21M (range $11M–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.29× the median modeled value of Series A Restaurants companies (256 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.

Financing rhythm & timingmixed

No dated round to assess.

Comparablesmixed

Capital scale ranks ahead of 91% of Restaurants peers (2292 compared).

Modeled value ranks above 92% of those peers.

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.