Companies · Other

Gratus Black I LLC

MINNEAPOLIS · Other

Diligence memoA one-page analyst read on Gratus Black I LLC — recommendation, valuation, rhythm, risks.
$5.9M
Total raised · real
1
Rounds
0.3×
Latest step-up
Top 32%
Sector rank · raised
Series B
Latest stage · inferred · Fri May 09 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Gratus Black I LLC looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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 0.35× the median modeled value of Series B Other companies in 2025–2027 (207 peers) — value vs value, same stage and era.
Active
  • Last raise 14 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

Gratus Black I 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
1.2 yr record
Peak capital year was 2025 with $82.8M across 5 filings.
Market position
ahead of 69% of Other peers
Capital scale is ahead of 69% of Other peers; modeled value is above 62% 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
Lower 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2025: $82.8M across 5 filings.
  • Largest single filing was $25.0M on 2025-05-05.
  • Filing rows sum to $82.8M, while canonical raised total is $5.9M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Other

Gratus Black I LLC is one of 25015 Other companies tracked from MINNEAPOLIS. By capital raised it ranks mid-pack (ahead of 69% of sector peers), and mid-pack 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
Rule 506(b)
Reg D exemption
21
Investors (latest)
2025
Year incorporated
2025-05-09
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$50M$100M$150M$200MSeries B · 2025-05-05 Raised $25M (real) Modeled valuation $126M (est)$25M$126MSeries B2025Series B · 2025-05-05 Raised $25M (real) Modeled valuation $126M (est)$25M$126MSeries B2025Series B · 2025-05-05 Raised $25M (real) Modeled valuation $126M (est)$25M$126MSeries B2025Series B · 2025-05-09 Raised $5.9M (real) Modeled valuation $30M (est)$5.9M$30MSeries B2025Seed · 2025-05-09 Raised $1.9M (real) Modeled valuation $5.7M (est)$1.9M$5.7MSeed2025+$25M+$25M+$5.9M+$1.9MCumulative $83M

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
Series B$25.0M · 2025
Series B extension$25.0M · 2025
Series B extension$25.0M · 2025
Series B extension$5.9M · 2025
Bridge · Series B-stage$1.9M · 2025smaller follow-on

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
$29.8M
Base estimate est.
$14.8M
Conservative case
$45.2M
Upside case
$33.0M
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. Directional, not a quoted figure.

Series B · modeled $125.7M · 2025-05-052025Series B · modeled $125.7M · 2025-05-05Series B · modeled $125.7M · 2025-05-05Series B · modeled $29.8M · 2025-05-09Seed · modeled $5.7M · 2025-05-092025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
1.1 yr
Elapsed time used
1.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
1.2 yr
On record since
2025
First round
5
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 2.9× above median
This company$5.9M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.1× of median
This company$1.9M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 1.7× above median
This company$29.8M
Sector median$17.7M

Raised more than 69% of sector peers (real $). Modeled value above 62% 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 #166 of 207.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Acorn Sim Investor Holdings, LLC · Series B Raised $38.6M · modeled $204.0M (est)Aircapture, Inc. · Series B Raised $40.0M · modeled $197.5M (est)Bathhouse Holdings Inc. · Series B Raised $34.4M · modeled $178.0M (est)Chlorum Solutions USA LLC · Series B Raised $35.4M · modeled $176.0M (est)Olympus Pines LLC · Series B Raised $35.0M · modeled $175.5M (est)Fraser Topco LLC · Series B Raised $32.8M · modeled $175.4M (est)Ketryx Corp · Series B Raised $54.2M · modeled $172.7M (est)r.Potential Inc. · Series B Raised $33.0M · modeled $170.5M (est)Helper Bees, Inc. · Series B Raised $58.7M · modeled $169.5M (est)Kingsland Pointe Holdings, LLC · Series B Raised $33.1M · modeled $168.7M (est)Modern Life Group Inc. · Series B Raised $34.7M · modeled $168.0M (est)BR MMJ Acquisition Co LLC · Series B Raised $37.5M · modeled $167.9M (est)Gratus Black I LLC (this company) Raised $5.9M · modeled $29.8M (est)Gratus Black I LLC
CompanyStageRaised · realValue · estvs peer med.
Acorn Sim Investor Holdings, LLCSeries B$38.6M$204.0M2.40×
Aircapture, Inc.Series B$40.0M$197.5M2.33×
Bathhouse Holdings Inc.Series B$34.4M$178.0M2.10×
Chlorum Solutions USA LLCSeries B$35.4M$176.0M2.07×
Olympus Pines LLCSeries B$35.0M$175.5M2.07×
Fraser Topco LLCSeries B$32.8M$175.4M2.06×
Ketryx CorpSeries B$54.2M$172.7M2.03×
r.Potential Inc.Series B$33.0M$170.5M2.01×
Helper Bees, Inc.Series B$58.7M$169.5M2.00×
Kingsland Pointe Holdings, LLCSeries B$33.1M$168.7M1.99×
Modern Life Group Inc.Series B$34.7M$168.0M1.98×
BR MMJ Acquisition Co LLCSeries B$37.5M$167.9M1.98×
Gratus Black I LLC this companySeries B$5.9M$29.8M0.35×
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.
Series B$25.0M2025-05-05$138.9M$125.7M90%
Series B$25.0M2025-05-05$138.9M$125.7M90%
Series B$25.0M2025-05-05$138.9M$125.7M90%
Series B$5.9M2025-05-09$33.0M$29.8M90%
Seed$1.9M2025-05-09$9.3M$5.7M90%
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. Series B$25.0M2025-05-05
    • First recorded raise — entered as Series B.
  2. Series B$25.0M2025-05-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  3. Series B$25.0M2025-05-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(c) (was Rule 506(b)).
  4. Series B$5.9M2025-05-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.2× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 53 investors on this round.
  5. Seed$1.9M2025-05-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 21 investors on this round.
Intelligence
2025 ~Q2
Modeled next raise · ~0mo cadence
$1.9M
Modeled next size est.range $1.9M$3.0M
0.3×
Last step-up
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
Jack Weimer2025-05
Jason Weimer2025-05
Robert Barlau2025-05
Registry & provenance

Gratus Black I 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
2066434
SEC CIK
2025
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.

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Voyager Mack LPOtherSeries A$6.0M$29.9Msame sector
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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
Blacktag, Inc.OtherSeed$68.9M81%
Blacklist Holdings IncOtherPre-Seed$6.4M81%
Granatus Septem, LLCOtherPre-Seed$4.0M81%
AC BlackPoint Holdings, LLCOtherSeries A$40.1M80%
Blackpoll Fleet International, Inc.OtherSeries A$3.5M80%
Grobal LLCOtherSeries B$406.3M80%
Black Buffalo Inc.OtherSeries B$44.7M80%
Blacksheep U.S., LLCOtherPre-Seed$6.9M80%
Frequently asked
How much funding has Gratus Black I LLC raised?
Gratus Black I LLC has raised approximately $5.9M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Gratus Black I LLC's estimated valuation?
Provath's modeled valuation for Gratus Black I LLC is approximately $29.8M (modeled range $14.8M–$45.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Gratus Black I LLC at?
Gratus Black I LLC's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri May 09.
What does Gratus Black I LLC do and where is it based?
Gratus Black I LLC operates in the Other sector, based in MINNEAPOLIS.
Explore related

See where Gratus Black I LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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