Diligence memo · auto-generated · as of July 2, 2026
FC Development, Corp.
FC Development, Corp. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
FC Development, Corp. operates in Restaurants, based in NORWICH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
FC Development, Corp. has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2022-05-03.
Most recent recorded round closed around 2022-05-03.
Valuation (modeled)modeled
Provath models FC Development, Corp. at approximately $3.1M (range $560K–$20M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 3.50× the median modeled value of Pre-Seed Restaurants companies in 2022–2024 (144 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 4.2 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 55% of Restaurants peers (2292 compared).
Modeled value ranks above 55% of those peers.
Closest niche peers: Bottle Theory, Llc, Grog Shop Enterprises Llc, T&S Coffee III, LLC, Heavenly Hops, LLC, OHMI Coffee, LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.