Diligence memo · auto-generated · as of July 2, 2026
Hanover Foils LLC
Hanover Foils LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Hanover Foils LLC operates in Manufacturing, based in ASHLAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hanover Foils LLC has raised $1.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2009-09-14.
Most recent recorded round closed around 2009-09-14.
Valuation (modeled)modeled
Provath models Hanover Foils LLC at approximately $18M (range $1.4M–$144M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.86× the median modeled value of Seed Manufacturing companies in 2007–2009 (42 peers) — value vs value, same stage and era. Within the normal band (86% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 16.8 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 44% of Manufacturing peers (3257 compared).
Modeled value ranks above 63% of those peers.
Closest niche peers: Visioneering Inc, S&A Holdings LLC, SonicScrubbers, Inc., Big Belly Solar, Inc., Infinity Cross Tie & Rail, Inc..
Peoplefiled
1 named person 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.