Diligence memo · auto-generated · as of July 2, 2026
Folks Gotta Eat, LLC
Folks Gotta Eat, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Folks Gotta Eat, LLC operates in Restaurants, based in OMAHA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Folks Gotta Eat, LLC has raised $400K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $400K on 2009-12-31.
Most recent recorded round closed around 2009-12-31.
Valuation (modeled)modeled
Provath models Folks Gotta Eat, LLC at approximately $1.7M (range $224K–$20M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.99× the median modeled value of Pre-Seed Restaurants companies in 2007–2009 (52 peers) — value vs value, same stage and era. Within the normal band (99% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 16.5 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 29% of Restaurants peers (2292 compared).
Modeled value ranks above 39% of those peers.
Closest niche peers: ARO, Ltd., Mad Fox Brewing Company, LLC, Butter Charlotte LLC, Sweetwater Tavern & Grille, LLC, Rm Restaurant Holding Corp.
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.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.