Diligence memo · auto-generated · as of July 2, 2026
First Class Linen, LLC
First Class Linen, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
First Class Linen, LLC operates in Business Services, based in RIDGELAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
First Class Linen, LLC has raised $1.6M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.6M on 2012-02-27.
Most recent recorded round closed around 2012-02-27.
Valuation (modeled)modeled
Provath models First Class Linen, LLC at approximately $41M (range $1.5M–$319M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Seed Business Services companies in 2010–2012 (52 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 14.3 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 61% of Business Services peers (2439 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: Advantedge Healthcare Holdings Inc, Unitrends Inc, Integrated Global Services, Inc., Whetstone Partners Llc, Lanter Distributing LLC.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.