Diligence memo · auto-generated · as of July 2, 2026
Granite City Food & Brewery Ltd
Granite City Food & Brewery Ltd looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Granite City Food & Brewery Ltd operates in Restaurants, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Granite City Food & Brewery Ltd has raised $28M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $15M on 2009-09-21.
Most recent recorded round closed around 2011-05-24.
Valuation (modeled)modeled
Provath models Granite City Food & Brewery Ltd at approximately $417K (range $279K–$1.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.01× the median modeled value of Series B Restaurants companies in 2010–2012 (10 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 15.1 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 75.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Restaurants peers (2292 compared).
Modeled value ranks above 3% of those peers.
Closest niche peers: F&C Restaurant Holding Co., Boudin Holdings, Inc., Neighborhood Restaurant Partners Florida, LP, Islands Restaurants, L.P., GenerationE Holding Company, LLC.
Peoplefiled
23 named people 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.