Companies · Restaurants

Founding Farmers Alx, Llc

POTOMAC · Restaurants

Diligence memoA one-page analyst read on Founding Farmers Alx, Llc — recommendation, valuation, rhythm, risks.
$4.5M
Total raised · real
1
Rounds
Latest step-up
Top 18%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jun 11 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Founding Farmers Alx, Llc looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the restaurants sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.79× the median modeled value of Series A Restaurants companies in 2022–2024 (51 peers) — value vs value, same stage and era.
  • Within the normal band (79% of peer median) for its niche.
Quiet
  • Last raise 2.1 yr ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Founding Farmers Alx, Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
2.1 yr record
Peak capital year was 2024 with $4.5M across 1 filings.
Market position
ahead of 83% of Restaurants peers
Capital scale is ahead of 83% of Restaurants peers; modeled value is above 84% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2024: $4.5M across 1 filings.
  • Largest single filing was $4.5M on 2024-06-11.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Restaurants

Founding Farmers Alx, Llc is one of 2292 Restaurants companies tracked from POTOMAC. By capital raised it ranks in the upper tier (ahead of 83% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
23
Investors (latest)
2023
Year incorporated
2024-06-11
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0M$10M$15M$20MSeries A · 2024-06-11 Raised $4.5M (real) Modeled valuation $10M (est)$4.5M$10MSeries A2024

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$4.5M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$10.4M
Base estimate est.
$5.1M
Conservative case
$22.8M
Upside case
$20.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.05×/yr
Annual markup
1.33×/yr upside case
2.1 yr
Elapsed time used
2.1 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.1 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 4.9× above median
This company$4.5M
Sector median$900K
Latest round — vs other Series A rounds in sector (real $, this stage) 0.8× of median
This company$4.5M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 4.0× above median
This company$10.4M
Sector median$2.6M

Raised more than 83% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #41 of 51.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Hawk Parent LLC · Series A Raised $12.5M · modeled $30.9M (est)HHC Worldwide, Inc. · Series A Raised $12.0M · modeled $28.9M (est)7Crew Enterprises, LLC · Series A Raised $12.4M · modeled $28.7M (est)Drake's Holdings #5, LLC · Series A Raised $11.4M · modeled $28.1M (est)Nice Day Group, Inc. · Series A Raised $11.2M · modeled $27.8M (est)Cheval Brand Investors LLC · Series A Raised $10.9M · modeled $26.0M (est)10 Point Capital Mini, LLC · Series A Raised $10.3M · modeled $25.7M (est)CNP Holdings, LLC · Series A Raised $10.0M · modeled $24.5M (est)Texas Coffee Partners Ltd. · Series A Raised $10.0M · modeled $24.2M (est)Bcip Llc · Series A Raised $10.0M · modeled $24.2M (est)Odin Acquisitions LLC · Series A Raised $9.3M · modeled $23.4M (est)Mbn Brands A, Llc · Series A Raised $13.8M · modeled $23.2M (est)Founding Farmers Alx, Llc (this company) Raised $4.5M · modeled $10.4M (est)Founding Farmers Alx, Llc
CompanyStageRaised · realValue · estvs peer med.
Hawk Parent LLCSeries A$12.5M$30.9M2.35×
HHC Worldwide, Inc.Series A$12.0M$28.9M2.21×
7Crew Enterprises, LLCSeries A$12.4M$28.7M2.19×
Drake's Holdings #5, LLCSeries A$11.4M$28.1M2.14×
Nice Day Group, Inc.Series A$11.2M$27.8M2.12×
Cheval Brand Investors LLCSeries A$10.9M$26.0M1.98×
10 Point Capital Mini, LLCSeries A$10.3M$25.7M1.96×
CNP Holdings, LLCSeries A$10.0M$24.5M1.87×
Texas Coffee Partners Ltd.Series A$10.0M$24.2M1.85×
Bcip LlcSeries A$10.0M$24.2M1.84×
Odin Acquisitions LLCSeries A$9.3M$23.4M1.78×
Mbn Brands A, LlcSeries A$13.8M$23.2M1.77×
Founding Farmers Alx, Llc this companySeries A$4.5M$10.4M0.79×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$4.5M2024-06-11$20.2M$10.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$4.5M2024-06-11
    • First recorded raise — entered as Series A.
    • 23 investors on this round.
Intelligence
Modeled next raise
$7.1M
Modeled next size est.range $4.6M$11.4M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Dan Simons3 other2024-06
Nate Fegely2024-06
Registry & provenance

Founding Farmers Alx, Llc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2028053
SEC CIK
2023
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
54 Below LlcRestaurantsSeries A$4.5M$12.4Msame sector · same stage
Happy & Hale, Inc.RestaurantsSeries A$4.4M$12.6Msame sector · same stage
2200 Holdings LLCRestaurantsSeries A$4.5M$12.3Msame sector · same stage
7B TX Holdings, LLCRestaurantsSeries A$4.5M$11.7Msame sector · same stage
Cuba Libre Holdings LLCRestaurantsSeries A$4.5M$12.9Msame sector · same stage
Everybody Wants Some LLCRestaurantsSeries A$4.5M$12.9Msame sector · same stage
Groot Firestone Diner LLCRestaurantsSeries A$4.5M$12.9Msame sector · same stage
Hearth South Barrington LLCRestaurantsSeries A$4.5M$10.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Zzx, LlcRestaurantsSeed$1.2M82%
RF Austin Operating, LLCRestaurantsSeries A$11.9M81%
Al Biernat's Fort Worth LLCRestaurantsSeed$3.9M80%
Founders Table Restaurant Group, LlcRestaurantsSeries C$34.5M80%
Farmbird Restaurant Group, LLCRestaurantsSeed$3.2M80%
Stewart's All American Corp.RestaurantsPre-Seed$437K79%
Hathorne Partners, LLCRestaurantsSeed$5.0M79%
PPX Hospitality Holdings, LPRestaurantsSeries B$118.1M79%
Frequently asked
How much funding has Founding Farmers Alx, Llc raised?
Founding Farmers Alx, Llc has raised approximately $4.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Founding Farmers Alx, Llc's estimated valuation?
Provath's modeled valuation for Founding Farmers Alx, Llc is approximately $10.4M (modeled range $5.1M–$22.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Founding Farmers Alx, Llc at?
Founding Farmers Alx, Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jun 11.
What does Founding Farmers Alx, Llc do and where is it based?
Founding Farmers Alx, Llc operates in the Restaurants sector, based in POTOMAC.
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