Diligence memo · auto-generated · as of July 2, 2026
FM Qualified Opportunity Fund LLC
FM Qualified Opportunity Fund LLC has raised $29M over 4 rounds; too few niche peers to rank its valuation yet.
Businessfiled
FM Qualified Opportunity Fund LLC operates in Investment Vehicle, based in MILWAUKEE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
FM Qualified Opportunity Fund LLC has raised $29M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2020-08-07.
Most recent recorded round closed around 2023-09-27.
Valuation (modeled)modeled
Provath models FM Qualified Opportunity Fund LLC at approximately $15M (range $3.7M–$40M). 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 13 months.
The last round was 2.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 86% of Investment Vehicle peers (1793 compared).
Modeled value ranks above 36% of those peers.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.