Companies · Other Travel

Hangar Partners, LLC

SUGAR LAND · Other Travel

Diligence memoA one-page analyst read on Hangar Partners, LLC — recommendation, valuation, rhythm, risks.
$1.9M
Total raised · real
2
Rounds
1.0×
Latest step-up
Top 55%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jul 19 2011 00:00:00 GMT+0000 (Coordinated Universal Time)

Hangar Partners, LLC 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 travel 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 0.31× the median modeled value of Seed Other Travel companies in 2010–2012 (6 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.0 yr ago; this sector typically re-raises about every 9 months.
  • Silent for over 3× the sector's normal cadence.

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

Issuer-vehicle patternmedium confidence

Hangar Partners, 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
56.5 yr record
Peak capital year was Undated with $1.4M across 1 filings.
Market position
ahead of 46% of Other Travel peers
Capital scale is ahead of 46% of Other Travel peers; modeled value is above 32% 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
Normal 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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in Undated: $1.4M across 1 filings.
  • Largest single filing was $1.4M on .
  • Filing rows sum to $2.4M, while canonical raised total is $1.9M; 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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • 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 Travel

Hangar Partners, LLC is one of 176 Other Travel companies tracked from SUGAR LAND. By capital raised it ranks mid-pack (ahead of 46% 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$1.3M$2.5M$3.8M$5.0MSeed · Raised $1.4M (real) Modeled valuation $2.5M (est)$1.4M$2.5MSeedPre-Seed · 2011-07-19 Raised $500K (real) Modeled valuation $4.5M (est)$500K$4.5MPre-Seed2011Pre-Seed · 2011-07-19 Raised $500K (real) Modeled valuation $4.5M (est)$500K$4.5MPre-Seed2011+$500K+$500KCumulative $2.4M

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$1.4M
Bridge · Seed-stage$500K · 2011smaller follow-on
Bridge · Seed-stage$500K · 2011smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$4.5M
Base estimate est.
$297K
Conservative case
$50.6M
Upside case
$2.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the travel sector profile. Directional, not a quoted figure.

Seed · modeled $2.5M · Pre-Seed · modeled $4.5M · 2011-07-19Pre-Seed · modeled $4.5M · 2011-07-192011
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
27%
Survival probability
11% low · 49% high
1.35×/yr
Annual markup
1.83×/yr upside case
6.0 yr
Elapsed time used
14.9 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
249 mo
Avg between rounds
$46K/yr
Capital velocity
56.5 yr
On record since
1970
First round
3
Rounds on file
How it compares to the market

Benchmarked against 176 companies in Other Travel. 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) 0.7× of median
This company$1.9M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.3× of median
This company$500K
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$4.5M
Sector median$8.9M

Raised more than 46% of sector peers (real $). Modeled value above 32% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #6 of 6.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Nile Project Inc. · Seed Raised $3.7M · modeled $25.1M (est)Global Voyages Group LLC · Seed Raised $5.2M · modeled $16.5M (est)BlackJet, Inc. · Seed Raised $3.1M · modeled $15.3M (est)efreightsolutions, LLC · Seed Raised $1.9M · modeled $13.3M (est)Second Porch, Inc. · Seed Raised $1.7M · modeled $10.8M (est)Hangar Partners, LLC (this company) Raised $1.9M · modeled $4.5M (est)Hangar Partners, LLC
CompanyStageRaised · realValue · estvs peer med.
Nile Project Inc.Seed$3.7M$25.1M1.76×
Global Voyages Group LLCSeed$5.2M$16.5M1.15×
BlackJet, Inc.Seed$3.1M$15.3M1.07×
efreightsolutions, LLCSeed$1.9M$13.3M0.93×
Second Porch, Inc.Seed$1.7M$10.8M0.75×
Hangar Partners, LLC this companySeed$1.9M$4.5M0.31×
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.
Pre-Seed$500K2011-07-19$2.8M$4.5M90%
Pre-Seed$500K2011-07-19$2.8M$4.5M90%
Seed$1.4M$7.0M$2.5M90%
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. Pre-Seed$500K2011-07-19
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$500K2011-07-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
2032 ~Q2
Modeled next raise · ~249mo cadence
$500K
Modeled next size est.range $500K$800K
1.0×
Last step-up
$46K/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
Dana Atkinson2011-07
Registry & provenance

Hangar Partners, 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
1503833
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
Adventure Travel Trade Association, Inc.Other TravelSeed$1.9M$11.7Msame sector · same stage
Triumph FBO Holdings, LLCOther TravelSeed$1.9M$13.4Msame sector · same stage
efreightsolutions, LLCOther TravelSeed$1.9M$13.3Msame sector · same stage
WWSG Travel, Inc.Other TravelSeed$1.9M$3.2Msame sector · same stage
DesLauriers Ralph ROther TravelSeed$2.0M$14.3Msame sector · same stage
Safari Explorer, LLCOther TravelSeed$2.0M$14.3Msame sector · same stage
TripRental, LLCOther TravelSeed$2.0M$3.6Msame sector · same stage
850Nine, LLCOther TravelSeed$1.8M$3.0Msame sector · same stage
Frequently asked
How much funding has Hangar Partners, LLC raised?
Hangar Partners, LLC has raised approximately $1.9M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Hangar Partners, LLC's estimated valuation?
Provath's modeled valuation for Hangar Partners, LLC is approximately $4.5M (modeled range $297K–$50.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hangar Partners, LLC at?
Hangar Partners, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jul 19.
What does Hangar Partners, LLC do and where is it based?
Hangar Partners, LLC operates in the Other Travel sector, based in SUGAR LAND.
Explore related

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

Is this your company?

If you work at Hangar Partners, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.