Diligence memo · auto-generated · as of July 2, 2026
Ethel's Bakery, LLC
Ethel's Bakery, LLC looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Ethel's Bakery, LLC operates in Food & Beverage, based in SHELBY TOWNSHIP.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ethel's Bakery, LLC has raised $6.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.6M on 2025-09-15.
Most recent recorded round closed around 2025-09-15.
Valuation (modeled)modeled
Provath models Ethel's Bakery, LLC at approximately $9.7M (range $3.2M–$19M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.97× the median modeled value of Seed Food & Beverage companies in 2025–2027 (12 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 10 mo ago; this sector typically re-raises about every 15 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 87% of Food & Beverage peers (567 compared).
Modeled value ranks above 66% of those peers.
Closest niche peers: Old Terrell Distillery Co LLC, Pocket Cafe, Inc., Kitchen Stadium Inc., Spirits Capital Corp, Sobelini Pizza Crunch Company, LLC.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.