Companies · Media & Content

Foundry Records, LLC

Nashville · Media & Content · refined from filed group “Other

Diligence memoA one-page analyst read on Foundry Records, LLC — recommendation, valuation, rhythm, risks.
$847K
Total raised · real
2
Rounds
1.4×
Latest step-up
Top 54%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Sep 25 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Foundry Records, LLC looks under-valued against its niche peers and is dormant on financing cadence.

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

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

Under-valued
  • Modeled value is 0.44× the median modeled value of Pre-Seed Media & Content companies in 2019–2021 (89 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.8 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal 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

Foundry Records, 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
6.7 yr record
Peak capital year was 2019 with $1.3M across 3 filings.
Market position
ahead of 47% of Media & Content peers
Capital scale is ahead of 47% of Media & Content peers; modeled value is above 36% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2019: $1.3M across 3 filings.
  • Largest single filing was $703K on 2019-10-31.
  • Filing rows sum to $1.4M, while canonical raised total is $847K; likely amendments/superseded rows are mixed into the detail view.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Media & Content

Foundry Records, LLC is one of 1052 Media & Content companies tracked from Nashville. By capital raised it ranks mid-pack (ahead of 47% of sector peers), and in the long tail 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
1
Investors (latest)
2019
Year incorporated
2020-09-25
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$20MPre-Seed · 2019-10-31 Raised $500K (real) Modeled valuation $10M (est)$500K$10MPre-Seed2019Pre-Seed · 2019-10-31 Raised $703K (real) Modeled valuation $15M (est)$703K$15MPre-Seed2019Pre-Seed · 2019-10-31 Raised $100K (real) Modeled valuation $2.1M (est)$100K$2.1MPre-Seed2019Pre-Seed · 2020-09-25 Raised $145K (real) Modeled valuation $2.7M (est)$145K$2.7MPre-Seed2020+$703K+$100K+$145KCumulative $1.4M

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
Pre-Seed$500K · 2019
Pre-Seed extension$703K · 2019
Pre-Seed extension$100K · 2019
Pre-Seed extension$145K · 2020

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$2.7M
Base estimate est.
$87K
Conservative case
$28.7M
Upside case
$806K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the media sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $10.4M · 2019-10-312019Pre-Seed · modeled $14.6M · 2019-10-31Pre-Seed · modeled $2.1M · 2019-10-31Pre-Seed · modeled $2.7M · 2020-09-252020
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 50% high
1.55×/yr
Annual markup
2.10×/yr upside case
5.8 yr
Elapsed time used
5.8 yr actual, capped for stale marks
media
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$938K/yr
Capital velocity
6.7 yr
On record since
2019
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1052 companies in Media & Content. 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) 0.4× of median
This company$847K
Sector median$2.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.4× of median
This company$145K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.7M
Sector median$16.7M

Raised more than 47% of sector peers (real $). Modeled value above 36% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #71 of 89.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Night Dive Studios, Inc. · Pre-Seed Raised $1.0M · modeled $20.8M (est)Upriver Studios LLC · Pre-Seed Raised $1.0M · modeled $20.8M (est)Light Media Holdings, Inc. · Pre-Seed Raised $1.0M · modeled $19.6M (est)Orc Film, Llc · Pre-Seed Raised $1.0M · modeled $19.3M (est)Spotlight Media Labs Inc · Pre-Seed Raised $817K · modeled $17.0M (est)Ripple Music, Inc. · Pre-Seed Raised $800K · modeled $16.6M (est)CLI Studios, Inc. · Pre-Seed Raised $1.7M · modeled $16.6M (est)Native Media B.V. · Pre-Seed Raised $775K · modeled $16.1M (est)Players Media Group, Inc. · Pre-Seed Raised $725K · modeled $15.1M (est)Left Right Studios Inc. · Pre-Seed Raised $830K · modeled $14.9M (est)Stick & Hack Media, LLC · Pre-Seed Raised $635K · modeled $13.2M (est)Vype Media, LLC · Pre-Seed Raised $625K · modeled $13.0M (est)Foundry Records, LLC (this company) Raised $847K · modeled $2.7M (est)Foundry Records, LLC
CompanyStageRaised · realValue · estvs peer med.
Night Dive Studios, Inc.Pre-Seed$1.0M$20.8M3.39×
Upriver Studios LLCPre-Seed$1.0M$20.8M3.39×
Light Media Holdings, Inc.Pre-Seed$1.0M$19.6M3.19×
Orc Film, LlcPre-Seed$1.0M$19.3M3.15×
Spotlight Media Labs IncPre-Seed$817K$17.0M2.77×
Ripple Music, Inc.Pre-Seed$800K$16.6M2.71×
CLI Studios, Inc.Pre-Seed$1.7M$16.6M2.71×
Native Media B.V.Pre-Seed$775K$16.1M2.63×
Players Media Group, Inc.Pre-Seed$725K$15.1M2.46×
Left Right Studios Inc.Pre-Seed$830K$14.9M2.42×
Stick & Hack Media, LLCPre-Seed$635K$13.2M2.15×
Vype Media, LLCPre-Seed$625K$13.0M2.12×
Foundry Records, LLC this companyPre-Seed$847K$2.7M0.44×
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.
Pre-Seed$500K2019-10-31$2.8M$10.4M90%
Pre-Seed$703K2019-10-31$3.9M$14.6M90%
Pre-Seed$100K2019-10-31$556K$2.1M90%
Pre-Seed$145K2020-09-25$806K$2.7M90%
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. Pre-Seed$500K2019-10-31
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Pre-Seed$703K2019-10-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 5 investors on this round.
  3. Pre-Seed$100K2019-10-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Pre-Seed$145K2020-09-25
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2021 ~Q1
Modeled next raise · ~4mo cadence
$210K
Modeled next size est.range $145K$336K
1.4×
Last step-up
$938K/yr
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
Edward Merrill2019-10
Registry & provenance

Foundry Records, 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
1793807
SEC CIK
2019
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
BETTELEIGH PRODUCTIONS Ltd LIABILITY CoMedia & ContentPre-Seed$850K$1.5Msame sector · same stage
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FATHERLAND PRODUCTIONS Ltd LIABILITY CoMedia & ContentPre-Seed$800K$3.0Msame sector · same stage
Joint Venture Media Inc.Media & ContentPre-Seed$800K$2.6Msame sector · same stage
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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
UTC Records LLCMedia & ContentPre-Seed$1.3M80%
Seeker Music, Inc.Media & ContentSeries A$121.7M80%
Fossil Records, LLCMedia & ContentPre-Seed$20.8M79%
Public Records IncMedia & ContentPre-Seed$1.6M79%
Vital Records Holdings, LLCMedia & ContentSeries C$967.7M79%
FoundryWorks, Inc.OtherSeries B$228.1M79%
Pro Music Rights, IncMedia & ContentSeries A$41.2M78%
Stick & Hack Media, LLCMedia & ContentPre-Seed$13.2M78%
Frequently asked
How much funding has Foundry Records, LLC raised?
Foundry Records, LLC has raised approximately $847K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Foundry Records, LLC's estimated valuation?
Provath's modeled valuation for Foundry Records, LLC is approximately $2.7M (modeled range $87K–$28.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Foundry Records, LLC at?
Foundry Records, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Sep 25.
What does Foundry Records, LLC do and where is it based?
Foundry Records, LLC operates in the Media & Content sector, based in Nashville.
Explore related

See where Foundry Records, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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