Diligence memo · auto-generated · as of July 2, 2026

Firebirds Ultimate Holdings, LP

Firebirds Ultimate Holdings, LP has raised $58M over 2 rounds; too few niche peers to rank its valuation yet.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Firebirds Ultimate Holdings, LP operates in Restaurants, based in NEW YORK.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Firebirds Ultimate Holdings, LP has raised $58M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $56M on 2023-03-22.

Most recent recorded round closed around 2023-09-05.

Valuation (modeled)modeled

Provath models Firebirds Ultimate Holdings, LP at approximately $7.4M (range $6.3M–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Historic cadence: a new round about every 5 months.

Last raise 2.8 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.

The last round was 28.6× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 98% of Restaurants peers (2292 compared).

Modeled value ranks above 79% of those peers.

Closest niche peers: Quality Brand Group LLC, Uncommon Brands LP.

Peoplefiled

6 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.