Diligence memo · auto-generated · as of July 2, 2026
First Colonie Co Limited Partnership
First Colonie Co Limited Partnership looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
First Colonie Co Limited Partnership operates in Lodging and Conventions, based in ALBANY.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
First Colonie Co Limited Partnership has raised $3.0M 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: $3.0M on 2019-08-16.
Most recent recorded round closed around 2019-08-16.
Valuation (modeled)modeled
Provath models First Colonie Co Limited Partnership at approximately $17M (range $2.4M–$137M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.84× the median modeled value of Seed Lodging and Conventions companies in 2019–2021 (51 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 6.9 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 57% of Lodging and Conventions peers (514 compared).
Modeled value ranks above 69% of those peers.
Closest niche peers: Hobby45 LLC, Corning Hotel, LLC, Madison Hotels Ii, Llc, Hailey FF, LLC, Central Florida Hospitality Services, LLC.
Peoplefiled
2 named people 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.