Diligence memo · auto-generated · as of July 2, 2026

Fountains Apartments, Ltd.

Fountains Apartments, Ltd. has raised $111M over 1 round; too few niche peers to rank its valuation yet.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Fountains Apartments, Ltd. operates in Proptech / Real Estate, based in WALNUT CREEK.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Fountains Apartments, Ltd. has raised $111M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $111M on 2024-08-19.

Most recent recorded round closed around 2024-08-19.

Valuation (modeled)modeled

Provath models Fountains Apartments, Ltd. at approximately $851M (range $603M–$1.2B). 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

Last raise 22 mo ago; this sector typically re-raises about every 14 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 99% of Proptech / Real Estate peers (395 compared).

Modeled value ranks above 99% of those peers.

Closest niche peers: Medically Home Group Acquisition LLC, Fountains Apartments, Paragon LP.

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.