Diligence memo · auto-generated · as of July 2, 2026
Happy & Hale, Inc.
Happy & Hale, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Happy & Hale, Inc. operates in Restaurants, based in RALEIGH.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Happy & Hale, Inc. has raised $4.4M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.4M on 2019-05-08.
Most recent recorded round closed around 2019-05-08.
Valuation (modeled)modeled
Provath models Happy & Hale, Inc. at approximately $13M (range $5.0M–$69M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.71× the median modeled value of Series A Restaurants companies in 2019–2021 (40 peers) — value vs value, same stage and era. Within the normal band (71% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 7.2 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 83% of Restaurants peers (2292 compared).
Modeled value ranks above 87% of those peers.
Closest niche peers: SQ1 Partners II, LLC, P. Terry's Partners, LLC, SpotMap, Inc., PB Group Partners, LLC, Bbq Holdings, Inc..
Peoplefiled
4 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.