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

Five Below, Inc

Five Below, Inc looks fair against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Five Below, Inc operates in Retailing, based in PHILADELPHIA.

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

Capital & rounds (filed)filed

Five Below, Inc has raised $194M 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: $194M on 2010-10-14.

Most recent recorded round closed around 2010-10-14.

Valuation (modeled)modeled

Provath models Five Below, Inc at approximately $1.1B (range $989M–$2.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.08× the median modeled value of Series D+ Retailing companies in 2010–2012 (10 peers) — value vs value, same stage and era. Within the normal band (108% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 15.7 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 99% of Retailing peers (2347 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Controladora Comercial Mexicana, S.A.B. de C.V., FDO Holdings, Inc., SF CC Holdings, Inc., Oak Holdings, LLC, Csn Stores Llc.

Peoplefiled

8 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.