Diligence memo · auto-generated · as of July 2, 2026
Granite Forge, Llc
Granite Forge, Llc looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Granite Forge, Llc operates in Manufacturing, based in FORT WAYNE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Granite Forge, Llc has raised $7.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.5M on 2018-11-08.
Most recent recorded round closed around 2023-04-07.
Valuation (modeled)modeled
Provath models Granite Forge, Llc at approximately $13M (range $3.5M–$38M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.46× the median modeled value of Series A Manufacturing companies in 2022–2024 (114 peers) — value vs value, same stage and era. Issuer reports $1M–$5M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 53 months.
Last raise 3.2 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.
The last round was 1.8× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 73% of Manufacturing peers (3257 compared).
Modeled value ranks above 53% of those peers.
Closest niche peers: Whitehorse Timber Ventures SPC, Camden Timbers Holdings, LLC, RST Brands, LLC, Plantd, Inc., Sanford Aluminum Group, LLC.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.