Companies · Manufacturing

Fox-NEA Holdings, LLC

VIRGINIA BEACH · Manufacturing

Diligence memoA one-page analyst read on Fox-NEA Holdings, LLC — recommendation, valuation, rhythm, risks.
$3.5M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 40%
Sector rank · raised
Seed
Latest stage · inferred · Thu Mar 23 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Fox-NEA Holdings, LLC looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the manufacturing 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 0.29× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
  • Issuer reports $5M–$25M revenue while modeled below niche peers.
At-risk
  • Last raise 3.3 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

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

Issuer-vehicle patternmedium confidence

Fox-NEA Holdings, 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
4.2 yr record
Peak capital year was 2022 with $3.1M across 1 filings.
Market position
ahead of 61% of Manufacturing peers
Capital scale is ahead of 61% of Manufacturing peers; modeled value is above 17% 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 2022: $3.1M across 1 filings.
  • Largest single filing was $3.1M on 2022-05-03.
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 Manufacturing

Fox-NEA Holdings, LLC is one of 3257 Manufacturing companies tracked from VIRGINIA BEACH. By capital raised it ranks mid-pack (ahead of 61% 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
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2022
Year incorporated
2023-03-23
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$13M$25M$38M$50MSeed · 2022-05-03 Raised $3.1M (real) Modeled valuation $22M (est)$3.1M$22MSeed2022Seed · 2023-03-23 Raised $450K (real) Modeled valuation $2.4M (est)$450K$2.4MSeed2023+$450KCumulative $3.5M

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
Seed$3.1M · 2022
Seed extension$450K · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$2.4M
Base estimate est.
$413K
Conservative case
$9.2M
Upside case
$2.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Seed · modeled $21.8M · 2022-05-032022Seed · modeled $2.4M · 2023-03-232023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$4.0M/yr
Capital velocity
4.2 yr
On record since
2022
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3257 companies in Manufacturing. 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) 1.7× above median
This company$3.5M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$450K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.4M
Sector median$12.0M

Raised more than 61% of sector peers (real $). Modeled value above 17% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #142 of 161.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Three Rivers Preferred Group LLC · Seed Raised $4.0M · modeled $29.6M (est)Thelma's, L.L.C. · Seed Raised $3.8M · modeled $27.7M (est)Mills Products, LLC · Seed Raised $3.8M · modeled $26.2M (est)Unity Laundry Systems Corp · Seed Raised $4.0M · modeled $25.8M (est)Ohio Heat Holdings LLC · Seed Raised $3.8M · modeled $25.6M (est)VMC Acquisition Co LLC · Seed Raised $2.9M · modeled $21.8M (est)LightningCath, Inc. · Seed Raised $3.0M · modeled $21.6M (est)Smede Son Holding Co LLC · Seed Raised $3.6M · modeled $20.9M (est)Total Advantage LLC · Seed Raised $3.5M · modeled $20.4M (est)Applied Bioplastics Corp. · Seed Raised $4.0M · modeled $20.3M (est)World Matcha Inc. · Seed Raised $5.6M · modeled $19.7M (est)Cotsworks, Inc. · Seed Raised $2.9M · modeled $19.6M (est)Fox-NEA Holdings, LLC (this company) Raised $3.5M · modeled $2.4M (est)Fox-NEA Holdings, LLC
CompanyStageRaised · realValue · estvs peer med.
Three Rivers Preferred Group LLCSeed$4.0M$29.6M3.49×
Thelma's, L.L.C.Seed$3.8M$27.7M3.26×
Mills Products, LLCSeed$3.8M$26.2M3.09×
Unity Laundry Systems CorpSeed$4.0M$25.8M3.04×
Ohio Heat Holdings LLCSeed$3.8M$25.6M3.01×
VMC Acquisition Co LLCSeed$2.9M$21.8M2.56×
LightningCath, Inc.Seed$3.0M$21.6M2.55×
Smede Son Holding Co LLCSeed$3.6M$20.9M2.47×
Total Advantage LLCSeed$3.5M$20.4M2.40×
Applied Bioplastics Corp.Seed$4.0M$20.3M2.40×
World Matcha Inc.Seed$5.6M$19.7M2.32×
Cotsworks, Inc.Seed$2.9M$19.6M2.31×
Fox-NEA Holdings, LLC this companySeed$3.5M$2.4M0.29×
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.
Seed$3.1M2022-05-03$15.3M$21.8M90%
Seed$450K2023-03-23$2.3M$2.4M90%
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. Seed$3.1M2022-05-03
    • First recorded raise — entered as Seed.
    • 13 investors on this round.
  2. Seed$450K2023-03-23
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 6.8× smaller than the prior — bridge or down round.
    • Revenue band moved No revenue → $5M–$25M.
    • 1 investor on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~11mo cadence
$450K
Modeled next size est.range $450K$720K
0.1×
Last step-up
$4.0M/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
William Taylor Grant1 other2022-05
Registry & provenance

Fox-NEA Holdings, 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
1930807
SEC CIK
2022
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
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Specified Air Solutions Holdings, LLCManufacturingSeed$3.6M$3.0Msame sector · same stage
Roth Industries, LLCManufacturingSeed$3.7M$2.1Msame sector · same stage
Kerdea Technologies, Inc.ManufacturingSeed$3.3M$1.8Msame sector · same stage
Taphandles LlcManufacturingSeed$3.3M$3.1Msame sector · same stage
Free To Eat, Inc.ManufacturingSeed$3.3M$2.7Msame sector · same stage
Promethient, Inc.ManufacturingSeed$4.0M$2.8Msame sector · same stage
Flow Environmental Systems, Inc.ManufacturingSeed$3.1M$2.0Msame 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
Fox Factory Holding CorpManufacturing / IndustrialSeries A$76.1M84%
Madison Industries Holdings LLCManufacturingSeries C$644.6M80%
LightManufacturing, Inc.ManufacturingSeed$5.1M80%
Northern Plains Nitrogen, LLPManufacturingSeries A$1.3M80%
Newlight Technologies, Inc.ManufacturingSeries D+$2.5B80%
North Arrow Enterprises, LLCManufacturingPre-Seed$1.5M79%
NT Ventures, Inc.ManufacturingSeed$3.1M79%
PPA Holdings, Inc.ManufacturingSeries C$503.5M79%
Frequently asked
How much funding has Fox-NEA Holdings, LLC raised?
Fox-NEA Holdings, LLC has raised approximately $3.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Fox-NEA Holdings, LLC's estimated valuation?
Provath's modeled valuation for Fox-NEA Holdings, LLC is approximately $2.4M (modeled range $413K–$9.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Fox-NEA Holdings, LLC at?
Fox-NEA Holdings, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Mar 23.
What does Fox-NEA Holdings, LLC do and where is it based?
Fox-NEA Holdings, LLC operates in the Manufacturing sector, based in VIRGINIA BEACH.
Explore related

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