Diligence memo · auto-generated · as of July 2, 2026
Functional Mushroom Co LLC
Functional Mushroom Co LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Functional Mushroom Co LLC operates in Retailing, based in LONGMONT.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Functional Mushroom Co LLC has raised $1.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.1M on 2021-01-27.
Most recent recorded round closed around 2021-01-27.
Valuation (modeled)modeled
Provath models Functional Mushroom Co LLC at approximately $6.0M (range $867K–$40M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.56× the median modeled value of Seed Retailing companies in 2019–2021 (111 peers) — value vs value, same stage and era. Issuer reports $1M–$5M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Last raise 5.4 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 42% of Retailing peers (2347 compared).
Modeled value ranks above 51% of those peers.
Closest niche peers: 11 Point Capital Management LLC, CityEast Markets Inc. ( A California Corporation), Reebonz Holding Ltd, Olive & June, LLC, Wondercide LLC.
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.