Diligence memo · auto-generated · as of July 2, 2026
Foundry Records, LLC
Foundry Records, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Foundry Records, LLC operates in Media & Content, based in Nashville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Foundry Records, LLC has raised $847K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $703K on 2019-10-31.
Most recent recorded round closed around 2020-09-25.
Valuation (modeled)modeled
Provath models Foundry Records, LLC at approximately $2.7M (range $87K–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 5.8 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 47% of Media & Content peers (1052 compared).
Modeled value ranks above 36% of those peers.
Closest niche peers: Night Dive Studios, Inc., Upriver Studios LLC, Light Media Holdings, Inc., Orc Film, Llc, Spotlight Media Labs Inc.
Peoplefiled
1 named person 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.