Companies · Restaurants

FARE Holding LLC

CHICAGO · Restaurants

Diligence memoA one-page analyst read on FARE Holding LLC — recommendation, valuation, rhythm, risks.
$2.3M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 28%
Sector rank · raised
Seed
Latest stage · inferred · Thu Aug 14 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

FARE Holding LLC looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the restaurants 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 0.27× the median modeled value of Seed Restaurants companies in 2025–2027 (23 peers) — value vs value, same stage and era.
Active
  • Last raise 11 mo ago; this sector typically re-raises about every 13 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

FARE Holding 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
1.9 yr record
Peak capital year was 2024 with $1.8M across 1 filings.
Market position
ahead of 73% of Restaurants peers
Capital scale is ahead of 73% of Restaurants peers; modeled value is above 20% 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 2024: $1.8M across 1 filings.
  • Largest single filing was $1.8M on 2024-08-09.
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 Restaurants

FARE Holding LLC is one of 2292 Restaurants companies tracked from CHICAGO. By capital raised it ranks in the upper tier (ahead of 73% 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
4
Investors (latest)
2020
Year incorporated
2025-08-14
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$1.3M$2.5M$3.8M$5.0MSeed · 2024-08-09 Raised $1.8M (real) Modeled valuation $3.8M (est)$1.8M$3.8MSeed2024Seed · 2025-08-14 Raised $460K (real) Modeled valuation $861K (est)$460K$861KSeed2025+$460KCumulative $2.3M

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$1.8M · 2024
Seed extension$460K · 2025

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: 50%.

Modeled valuation trajectory
$861K
Base estimate est.
$348K
Conservative case
$1.7M
Upside case
$2.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.

Seed · modeled $3.8M · 2024-08-092024Seed · modeled $861K · 2025-08-142025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
34%
Survival probability
15% low · 52% high
1.13×/yr
Annual markup
1.48×/yr upside case
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$2.2M/yr
Capital velocity
1.9 yr
On record since
2024
First round
2
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 2.5× above median
This company$2.3M
Sector median$900K
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$460K
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$861K
Sector median$2.6M

Raised more than 73% of sector peers (real $). Modeled value above 20% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #20 of 23.

This companyCohort peer
$100K$1.0M$10.0M$1.0M$10.0MCapital raised (log)Long Weekend Texas, LP · Seed Raised $4.0M · modeled $7.6M (est)Next Bite Ventures LLC · Seed Raised $3.4M · modeled $6.3M (est)Tasty Select III LLC · Seed Raised $3.0M · modeled $5.6M (est)Munson Crowd Group LLC · Seed Raised $3.1M · modeled $5.5M (est)10 Point Capital Mini 2, LLC · Seed Raised $2.5M · modeled $5.0M (est)FG - Chattanooga, LLC · Seed Raised $2.7M · modeled $4.7M (est)Bowery Street Hospitality LLC · Seed Raised $2.4M · modeled $4.5M (est)Al Biernat's Fort Worth LLC · Seed Raised $2.3M · modeled $3.9M (est)Psv Multipli Investors, Llc · Seed Raised $2.0M · modeled $3.7M (est)Midwest Restaurant Group LLC · Seed Raised $2.0M · modeled $3.5M (est)Salad House Franchising, LLC · Seed Raised $2.0M · modeled $3.5M (est)Tommy's CHS, LLC · Seed Raised $1.8M · modeled $3.2M (est)FARE Holding LLC (this company) Raised $2.3M · modeled $861K (est)FARE Holding LLC
CompanyStageRaised · realValue · estvs peer med.
Long Weekend Texas, LPSeed$4.0M$7.6M2.36×
Next Bite Ventures LLCSeed$3.4M$6.3M1.94×
Tasty Select III LLCSeed$3.0M$5.6M1.73×
Munson Crowd Group LLCSeed$3.1M$5.5M1.70×
10 Point Capital Mini 2, LLCSeed$2.5M$5.0M1.54×
FG - Chattanooga, LLCSeed$2.7M$4.7M1.47×
Bowery Street Hospitality LLCSeed$2.4M$4.5M1.38×
Al Biernat's Fort Worth LLCSeed$2.3M$3.9M1.22×
Psv Multipli Investors, LlcSeed$2.0M$3.7M1.16×
Midwest Restaurant Group LLCSeed$2.0M$3.5M1.09×
Salad House Franchising, LLCSeed$2.0M$3.5M1.08×
Tommy's CHS, LLCSeed$1.8M$3.2M1.00×
FARE Holding LLC this companySeed$2.3M$861K0.27×
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$1.8M2024-08-09$9.0M$3.8M90%
Seed$460K2025-08-14$2.3M$861K90%
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$1.8M2024-08-09
    • First recorded raise — entered as Seed.
    • 23 investors on this round.
  2. Seed$460K2025-08-14
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 3.9× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2026 ~Q3
Modeled next raise · ~12mo cadence
$460K
Modeled next size est.range $460K$736K
0.3×
Last step-up
$2.2M/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
Terry Diamond2 other2025-08
Britni DeLeon2024-08
Diamond Terry2024-08
Kasia Bednarz2024-08
Registry & provenance

FARE Holding 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
1963510
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
Yellowbelly Holdings, LLCRestaurantsSeed$2.2M$632Ksame sector · same stage
Bergen Projects LLCRestaurantsSeed$2.2M$853Ksame sector · same stage
FKM Brands CorpRestaurantsSeed$2.4M$931Ksame sector · same stage
Equitabowl, Inc.RestaurantsSeed$2.7M$967Ksame sector · same stage
Bostonian Hospitality Group, LlcRestaurantsSeed$2.7M$1.1Msame sector · same stage
Cabin 3 Restaurant Group, Inc.RestaurantsSeed$1.7M$956Ksame sector · same stage
MP Playa NE Investors, LLCRestaurantsSeed$3.0M$1.1Msame sector · same stage
Marin Pizza, Inc.RestaurantsSeed$1.4M$703Ksame sector · same stage
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
Aka Restaurant Holding Co LLCRestaurantsPre-Seed$503K86%
Management Equity Holdings LlcRestaurantsSeed$7.7M85%
LIFR Acquisition Co LLCRestaurantsPre-Seed$3.4M85%
7B TX Holdings, LLCRestaurantsSeries A$11.7M85%
Lands Hospitality, LLCRestaurantsSeed$3.7M84%
2627 Manor Holdings LLCRestaurantsSeed$7.0M84%
Tender Crush Holdings, LLCRestaurantsPre-Seed$773K84%
Gage & Tollner Hospitality LLCRestaurantsSeed$3.7M84%
Frequently asked
How much funding has FARE Holding LLC raised?
FARE Holding LLC has raised approximately $2.3M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is FARE Holding LLC's estimated valuation?
Provath's modeled valuation for FARE Holding LLC is approximately $861K (modeled range $348K–$1.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FARE Holding LLC at?
FARE Holding LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Aug 14.
What does FARE Holding LLC do and where is it based?
FARE Holding LLC operates in the Restaurants sector, based in CHICAGO.
Explore related

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

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