Diligence memo · auto-generated · as of July 2, 2026

Hawaiian Bros Inc.

Hawaiian Bros Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Hawaiian Bros Inc. operates in Restaurants, based in KANSAS CITY.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Hawaiian Bros Inc. has raised $73M in disclosed capital across 17 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $25M on 2022-01-28.

Most recent recorded round closed around 2025-09-10.

Valuation (modeled)modeled

Provath models Hawaiian Bros Inc. at approximately $634K (range $420K–$903K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.01× the median modeled value of Series B Restaurants companies in 2025–2027 (7 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 3 months.

Last raise 10 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 19.3× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Restaurants peers (2292 compared).

Modeled value ranks above 12% of those peers.

Closest niche peers: 7 Star Investments, LLC, Opportunity Restaurant Group Llc, Choolaah Holdings LLC, TB16 Florida Holdings LLC, Ag QSR II LLC.

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.