Companies · Investment Vehicle

Entrada Ventures SPV I, LLC

SANTA BARBARA · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on Entrada Ventures SPV I, LLC — recommendation, valuation, rhythm, risks.
$20.3M
Total raised · real
17
Rounds
2.0×
Latest step-up
Top 18%
Sector rank · raised
Recurring offerings
Latest stage · inferred · Thu Nov 17 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Entrada Ventures SPV I, LLC has raised $20M over 17 rounds; 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.

Recurring offering issuerhigh confidence

Entrada Ventures SPV I, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Program-like
Frequent filings and follow-ons read more like a securities offering program than discrete startup rounds.
Lifecycle
6.3 yr record
Peak capital year was 2021 with $11.2M across 9 filings.
Market position
ahead of 83% of Investment Vehicle peers
Capital scale is ahead of 83% of Investment Vehicle peers; modeled value is above 22% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • 24 dated financing filings, averaging about 1 months apart.
  • 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 2021: $11.2M across 9 filings.
  • Largest single filing was $3.5M on 2022-03-10.
  • Filing rows sum to $28.3M, while canonical raised total is $20.3M; likely amendments/superseded rows are mixed into the detail view.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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • 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

Entrada Ventures SPV I, LLC is one of 1793 Investment Vehicle companies tracked from SANTA BARBARA. By capital raised it ranks in the upper tier (ahead of 83% of sector peers), and in the long tail 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
10
Investors (latest)
2020
Year incorporated
2022-11-17
First sale
Amount raised vs valuation, by year

This issuer has a dense recurring filing history, so the chart groups filings by year. Solid bars are annual reported capital reported; hatched bars show the latest modeled value est. observed in that year. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Annual capital raised · realLatest value in year · estCumulative funded · real

Dense history compressed: 24 filings shown as 3 yearly buckets. Hover a bucket for filing count, annual capital, and latest modeled value.

$0$13M$25M$38M$50M2020: 10 filings Raised $11M total (real) Latest modeled valuation $2.4M (est)202010 filings2021: 9 filings Raised $11M total (real) Latest modeled valuation $13M (est)20219 filings2022: 5 filings Raised $6.4M total (real) Latest modeled valuation $6.2M (est)20225 filings+$11M+$6.4MCumulative $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

This looks like a recurring offering series, so a VC stage ladder would be misleading. Showing the filed offering sequence instead.

Initial offering$2.3M · 2020
Follow-on offering$2.9M · 2020
Follow-on offering$1.5M · 2020
Follow-on offering$1.3M · 2020
Follow-on offering$1.0M · 2020
Follow-on offering$1.0M · 2020
Follow-on offering$100K · 2020
Follow-on offering$100K · 2020
Follow-on offering$300K · 2020
Follow-on offering$125K · 2020
Follow-on offering$1.6M · 2021
Follow-on offering$1.5M · 2021
Follow-on offering$1.6M · 2021
Follow-on offering$875K · 2021
Follow-on offering$1.6M · 2021
Follow-on offering$840K · 2021
Follow-on offering$980K · 2021
Follow-on offering$1.0M · 2021
Follow-on offering$1.2M · 2021
Follow-on offering$3.5M · 2022
Follow-on offering$645K · 2022
Follow-on offering$980K · 2022
Follow-on offering$405K · 2022
Follow-on offering$810K · 2022
Modeled valuation trajectory
$6.2M
Base estimate est.
$729K
Conservative case
$25.7M
Upside case
$4.0M
Modeled post-money

This issuer files recurring offerings, so the model treats stage labels as a loose sizing heuristic, not a clean VC ladder. The estimate anchors on reported filing amounts and dates, then applies benchmark dilution, survival, and markup assumptions. Directional, not a quoted figure.

Seed · modeled $42.7M · 2020-03-182020Seed · modeled $54.3M · 2020-03-18Seed · modeled $28.6M · 2020-04-24Seed · modeled $24.9M · 2020-04-24Seed · modeled $19.3M · 2020-04-24Seed · modeled $17.9M · 2020-08-07Seed · modeled $1.6M · 2020-12-02Pre-Seed · modeled $1.9M · 2020-12-04Seed · modeled $4.8M · 2020-12-04Pre-Seed · modeled $2.4M · 2020-12-04Seed · modeled $23.3M · 2021-02-11Seed · modeled $22.5M · 2021-02-11Seed · modeled $23.3M · 2021-02-11Seed · modeled $12.6M · 2021-03-12Seed · modeled $22.7M · 2021-03-31Seed · modeled $10.4M · 2021-08-03Seed · modeled $10.8M · 2021-11-23Seed · modeled $10.9M · 2021-12-08Seed · modeled $13.4M · 2021-12-17Seed · modeled $35.0M · 2022-03-10Seed · modeled $6.2M · 2022-04-07Seed · modeled $9.4M · 2022-04-15Seed · modeled $3.2M · 2022-11-02Seed · modeled $6.2M · 2022-11-172022
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
3.6 yr
Elapsed time used
3.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
$7.6M/yr
Capital velocity
6.3 yr
On record since
2020
First round
24
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) 6.3× above median
This company$20.3M
Sector median$3.2M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$6.2M
Sector median$25.2M

Raised more than 83% of sector peers (real $). Modeled value above 22% of peers (estimate).

Full financing history

This issuer files too frequently for VC stage labels to be meaningful, so rows are shown as initial/follow-on offerings est. instead of Pre-Seed/Seed/Series buckets.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Initial offering$2.3M2020-03-18$11.5M$42.7M90%
Follow-on offering$2.9M2020-03-18$14.6M$54.3M90%
Follow-on offering$1.5M2020-04-24$7.7M$28.6M90%
Follow-on offering$1.3M2020-04-24$6.7M$24.9M90%
Follow-on offering$1.0M2020-04-24$5.2M$19.3M90%
Follow-on offering$1.0M2020-08-07$5.0M$17.9M90%
Follow-on offering$100K2020-12-02$500K$1.6M90%
Follow-on offering$100K2020-12-04$556K$1.9M90%
Follow-on offering$300K2020-12-04$1.5M$4.8M90%
Follow-on offering$125K2020-12-04$694K$2.4M90%
Follow-on offering$1.6M2021-02-11$7.9M$23.3M90%
Follow-on offering$1.5M2021-02-11$7.6M$22.5M90%
Follow-on offering$1.6M2021-02-11$7.9M$23.3M90%
Follow-on offering$875K2021-03-12$4.4M$12.6M90%
Follow-on offering$1.6M2021-03-31$8.1M$22.7M90%
Follow-on offering$840K2021-08-03$4.2M$10.4M90%
Follow-on offering$980K2021-11-23$4.9M$10.8M90%
Follow-on offering$1.0M2021-12-08$5.0M$10.9M90%
Follow-on offering$1.2M2021-12-17$6.2M$13.4M90%
Follow-on offering$3.5M2022-03-10$17.6M$35.0M90%
Follow-on offering$645K2022-04-07$3.2M$6.2M90%
Follow-on offering$980K2022-04-15$4.9M$9.4M90%
Follow-on offering$405K2022-11-02$2.0M$3.2M90%
Follow-on offering$810K2022-11-17$4.0M$6.2M90%
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. Initial offering$2.3M2020-03-18
    • First recorded raise — entered as Initial offering.
    • 30 investors on this round.
  2. Follow-on offering$2.9M2020-03-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  3. Follow-on offering$1.5M2020-04-24
    • Raised 1 mo later.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Follow-on offering$1.3M2020-04-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 5 investors on this round.
  5. Follow-on offering$1.0M2020-04-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 21 investors on this round.
  6. Follow-on offering$1.0M2020-08-07
    • Raised 3 mo later.
    • Round roughly the size of the prior one.
    • 20 investors on this round.
  7. Follow-on offering$100K2020-12-02
    • Raised 4 mo later.
    • Round 10.0× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  8. Follow-on offering$100K2020-12-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 4 investors on this round.
  9. Follow-on offering$300K2020-12-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.0× larger than the prior — scaling up.
    • 5 investors on this round.
  10. Follow-on offering$125K2020-12-04
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  11. Follow-on offering$1.6M2021-02-11
    • Raised 2 mo later.
    • Round 12.6× larger than the prior — scaling up.
    • 2 investors on this round.
  12. Follow-on offering$1.5M2021-02-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 23 investors on this round.
  13. Follow-on offering$1.6M2021-02-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  14. Follow-on offering$875K2021-03-12
    • Raised 1 mo later.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  15. Follow-on offering$1.6M2021-03-31
    • Raised 1 mo later.
    • Round 1.8× larger than the prior — scaling up.
    • 25 investors on this round.
  16. Follow-on offering$840K2021-08-03
    • Raised 4 mo later.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 13 investors on this round.
  17. Follow-on offering$980K2021-11-23
    • Raised 4 mo later.
    • Round roughly the size of the prior one.
    • 22 investors on this round.
  18. Follow-on offering$1.0M2021-12-08
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 24 investors on this round.
  19. Follow-on offering$1.2M2021-12-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 25 investors on this round.
  20. Follow-on offering$3.5M2022-03-10
    • Raised 3 mo later.
    • Round 2.8× larger than the prior — scaling up.
    • 37 investors on this round.
  21. Follow-on offering$645K2022-04-07
    • Raised 1 mo later.
    • Round 5.5× smaller than the prior — bridge or down round.
    • 17 investors on this round.
  22. Follow-on offering$980K2022-04-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× larger than the prior — scaling up.
    • 17 investors on this round.
  23. Follow-on offering$405K2022-11-02
    • Raised 7 mo later.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  24. Follow-on offering$810K2022-11-17
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× larger than the prior — scaling up.
    • 10 investors on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~1mo cadence
$1.6M
Modeled next size est.range $1.1M$2.6M
2.0×
Last step-up
$7.6M/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
Jason Spievak6 other2020-12
Alexander Fang4 other2020-12
Eric Kanowsky2 other2020-12
Brian Coryat1 other2020-12
Registry & provenance

Entrada Ventures SPV I, 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
1807022
SEC CIK
2020
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
Lead Intelligence, Inc.Other TechnologySeries A$19.7M$277.4Mnetwork1 shared operator
WorldViz, Inc.OtherSeed$5.1M$2.2Mnetwork1 shared operator · same stage
Quintessent Inc.OtherSeries A$18.2M$65.7Mnetwork1 shared operator
Local Market Launch, Inc.Other TechnologySeed$3.4M$44.9Mnetwork1 shared operator · same stage
Prophetic Technologies Inc.Other TechnologySeed$3.3M$6.5Mnetwork1 shared operator · same stage
OpenLight Photonics, Inc.Other TechnologySeries A$26.0M$15.5Mnetwork1 shared operator
Coreshell Technologies, Inc.Software / TechSeries A$12.6M$167.1Mnetwork1 shared operator
Sublimation IncOtherSeries A$10.1M$152.9Mnetwork1 shared operator
Frequently asked
How much funding has Entrada Ventures SPV I, LLC raised?
Entrada Ventures SPV I, LLC has raised approximately $20.3M in disclosed capital across 17 recorded financing rounds, aggregated from public filings.
What is Entrada Ventures SPV I, LLC's estimated valuation?
Provath's modeled valuation for Entrada Ventures SPV I, LLC is approximately $6.2M (modeled range $729K–$25.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Entrada Ventures SPV I, LLC at?
Entrada Ventures SPV I, LLC shows a recurring offering pattern rather than a clean VC stage progression. Its most recent recorded round closed around Thu Nov 17.
What does Entrada Ventures SPV I, LLC do and where is it based?
Entrada Ventures SPV I, LLC operates in the Investment Vehicle sector, based in SANTA BARBARA.
Explore related

See where Entrada Ventures SPV I, 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 Entrada Ventures SPV I, 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.