Companies · Restaurants

Granite City Food & Brewery Ltd

MINNEAPOLIS · Restaurants

Diligence memoA one-page analyst read on Granite City Food & Brewery Ltd — recommendation, valuation, rhythm, risks.
$28.4M
Total raised · real
5
Rounds
0.0×
Latest step-up
Top 4%
Sector rank · raised
Series B
Latest stage · inferred · Tue May 24 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Granite City Food & Brewery Ltd 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 restaurants 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 0.01× the median modeled value of Series B Restaurants companies in 2010–2012 (10 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.1 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
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 Restaurants

Granite City Food & Brewery Ltd is one of 2292 Restaurants companies tracked from MINNEAPOLIS. By capital raised it ranks among the largest (ahead of 97% 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
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 · 2009-03-30 Raised $2.0M (real) Modeled valuation $7.0M (est)$2.0M$7.0MSeed2009Seed · 2009-03-30 Raised $1.1M (real) Modeled valuation $3.9M (est)$1.1M$3.9MSeed2009Series B · 2009-09-21 Raised $15M (real) Modeled valuation $47M (est)$15M$47MSeries B2009Series B · 2011-02-08 Raised $10M (real) Modeled valuation $32M (est)$10M$32MSeries B2011Series B · 2011-05-24 Raised $133K (real) Modeled valuation $417K (est)$133K$417KSeries B2011+$1.1M+$15M+$10M+$133KCumulative $28M

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$2.0M · 2009
Seed extension$1.1M · 2009
Series B$15.1M · 2009no Series A on file
Series B extension$10.1M · 2011
Series B extension$133K · 2011

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — 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
$417K
Base estimate est.
$279K
Conservative case
$1.6M
Upside case
$738K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.

Seed · modeled $7.0M · 2009-03-302009Seed · modeled $3.9M · 2009-03-30Series B · modeled $47.3M · 2009-09-21Series B · modeled $31.7M · 2011-02-08Series B · modeled $417K · 2011-05-242011
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
57%
Survival probability
38% low · 70% high
1.00×/yr
Annual markup
1.21×/yr upside case
6.0 yr
Elapsed time used
15.1 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$13.2M/yr
Capital velocity
17.3 yr
On record since
2009
First round
5
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 32× above median
This company$28.4M
Sector median$900K
Latest round — vs other Series B rounds in sector (real $, this stage) 0.0× of median
This company$133K
Sector median$19.9M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$417K
Sector median$2.6M

Raised more than 97% of sector peers (real $). Modeled value above 3% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #10 of 10.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)F&C Restaurant Holding Co. · Series B Raised $40.0M · modeled $125.7M (est)Boudin Holdings, Inc. · Series B Raised $30.0M · modeled $94.3M (est)Neighborhood Restaurant Partners Florida, LP · Series B Raised $27.0M · modeled $84.9M (est)Islands Restaurants, L.P. · Series B Raised $26.3M · modeled $82.8M (est)GenerationE Holding Company, LLC · Series B Raised $22.9M · modeled $72.0M (est)NOODLES & Co · Series B Raised $20.4M · modeled $64.0M (est)Deli Management, Inc. · Series B Raised $19.3M · modeled $60.5M (est)Family Dog, LLC · Series B Raised $19.2M · modeled $60.3M (est)Not Your Average Joes Inc · Series B Raised $15.1M · modeled $47.4M (est)Granite City Food & Brewery Ltd (this company) Raised $28.4M · modeled $417K (est)Granite City Food & Brewery Ltd
CompanyStageRaised · realValue · estvs peer med.
F&C Restaurant Holding Co.Series B$40.0M$125.7M1.85×
Boudin Holdings, Inc.Series B$30.0M$94.3M1.39×
Neighborhood Restaurant Partners Florida, LPSeries B$27.0M$84.9M1.25×
Islands Restaurants, L.P.Series B$26.3M$82.8M1.22×
GenerationE Holding Company, LLCSeries B$22.9M$72.0M1.06×
NOODLES & CoSeries B$20.4M$64.0M0.94×
Deli Management, Inc.Series B$19.3M$60.5M0.89×
Family Dog, LLCSeries B$19.2M$60.3M0.89×
Not Your Average Joes IncSeries B$15.1M$47.4M0.70×
Granite City Food & Brewery Ltd this companySeries B$28.4M$417K0.01×
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$2.0M2009-03-30$10.0M$7.0M90%
Seed$1.1M2009-03-30$5.5M$3.9M90%
Series B$15.1M2009-09-21$83.6M$47.3M90%
Series B$10.1M2011-02-08$56.0M$31.7M90%
Series B$133K2011-05-24$738K$417K90%
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$2.0M2009-03-30
    • First recorded raise — entered as Seed.
  2. Seed$1.1M2009-03-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
  3. Series B$15.1M2009-09-21
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round 13.7× larger than the prior — scaling up.
  4. Series B$10.1M2011-02-08
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
  5. Series B$133K2011-05-24
    • Came back fast: 3 mo vs the ~13 mo sector norm.
    • Round 75.9× smaller than the prior — bridge or down round.
Intelligence
2011 ~Q4
Modeled next raise · ~6mo cadence
$133K
Modeled next size est.range $133K$212K
0.0×
Last step-up
$13.2M/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
Michael S Rawlings1 other2009-03
Arthur E. Pew III2009-03
Brian K. Gramm2011-02
Bruce H. Senske2009-03
Charles J. Hey2011-02
Darius H. Gilanfar2009-03
David A. Timpe2011-02
Dean S. Oakey2009-03
Dermot F. Rowland2009-03
Donald A. Dunham2011-02
Donald A. Dunham, Jr.2009-09
Eugene E. McGowan2009-03
Fouad Z. Bashour2009-03
James G. Gilbertson2009-03
Joel C. Longtin2009-03
John A. Pesicka2009-09
Louis M. Mucci2009-03
Michael H. Staenberg2009-03
Milton D. Avery2009-03
Monica A. Underwood2009-03
Robert J. Doran2009-03
Steven J. Wagenheim2009-03
Todd W. Hanson2009-09
Registry & provenance

Granite City Food & Brewery Ltd 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
1048620
SEC CIK
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
Hawaiian Bros Inc.RestaurantsSeries B$73.1M$634Ksame sector · same stage
Bourbon Brothers Holding CorpRestaurantsSeries A$20.1M$501Ksame sector
Prosomnus Holdings Inc.Other Health CareSeries A$20.7M$70.6Mnetwork1 shared operator
Hollywood Burger Holdings, Inc.RestaurantsSeries A$14.0M$478Ksame sector
Le Botaniste Corp.RestaurantsSeed$5.5M$542Ksame sector
Byte to Bite Industries, Inc.RestaurantsSeed$5.3M$559Ksame sector
everbowl, LLCRestaurantsSeed$3.4M$409Ksame sector
Playa Development LLCRestaurantsSeed$3.1M$352Ksame sector
Frequently asked
How much funding has Granite City Food & Brewery Ltd raised?
Granite City Food & Brewery Ltd has raised approximately $28.4M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Granite City Food & Brewery Ltd's estimated valuation?
Provath's modeled valuation for Granite City Food & Brewery Ltd is approximately $417K (modeled range $279K–$1.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Granite City Food & Brewery Ltd at?
Granite City Food & Brewery Ltd's latest modeled financing stage is Series B. Its most recent recorded round closed around Tue May 24.
What does Granite City Food & Brewery Ltd do and where is it based?
Granite City Food & Brewery Ltd operates in the Restaurants sector, based in MINNEAPOLIS.
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