Diligence memo · auto-generated · as of July 2, 2026
Fifth Star LLC
Fifth Star LLC looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Fifth Star LLC operates in Other Technology, based in Chicago.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fifth Star LLC has raised $281M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $281M on 2023-12-12.
Most recent recorded round closed around 2023-12-12.
Valuation (modeled)modeled
Provath models Fifth Star LLC at approximately $3.7B (range $1.6B–$5.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.77× the median modeled value of Series D+ Other Technology companies in 2022–2024 (75 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 2.6 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 99% of Other Technology peers (21302 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Memphis Meats, Inc., Edgio, Inc., Siprocal, Inc, PacketFabric, Inc., Guess & Co. Corp.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.