Companies · Other Travel

Heli Destinations 3, LLCNew on the radar

ASPEN · Other Travel

Diligence memoA one-page analyst read on Heli Destinations 3, LLC — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
1
Rounds
Latest step-up
Top 24%
Sector rank · raised
Series A
Latest stage · inferred · Thu Jul 24 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Heli Destinations 3, LLC has raised $11M over 1 round; too few niche peers to rank its valuation yet.

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.

Active
  • Last raise 11 mo ago; this sector typically re-raises about every 9 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

Heli Destinations 3, 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
0.9 yr record
Peak capital year was 2025 with $11.0M across 1 filings.
Market position
ahead of 77% of Other Travel peers
Capital scale is ahead of 77% of Other Travel peers; modeled value is above 74% 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
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 2025: $11.0M across 1 filings.
  • Largest single filing was $11.0M on 2025-07-24.
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.
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

Heli Destinations 3, LLC is one of 176 Other Travel companies tracked from ASPEN. By capital raised it ranks in the upper tier (ahead of 77% of sector peers), and in the upper tier 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
23
Investors (latest)
2024
Year incorporated
2025-07-24
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$13M$25M$38M$50MSeries A · 2025-07-24 Raised $11M (real) Modeled valuation $28M (est)$11M$28MSeries A2025

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 A$11.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$28.4M
Base estimate est.
$13.3M
Conservative case
$48.0M
Upside case
$49.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the travel sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
49%
Survival probability
27% low · 67% high
1.18×/yr
Annual markup
1.48×/yr upside case
0.9 yr
Elapsed time used
0.9 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.9 yr
On record since
2025
First round
New
First-time filer
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) 4.3× above median
This company$11.0M
Sector median$2.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.6× above median
This company$11.0M
Sector median$7.0M
Modeled value — vs sector median (estimate, all stages) 3.2× above median
This company$28.4M
Sector median$8.9M

Raised more than 77% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)FlyUSA, Inc. · Series A Raised $7.9M · modeled $17.1M (est)Residential Cruise Holdings Inc · Series A Raised $4.8M · modeled $11.4M (est)Heli Destinations 3, LLC (this company) Raised $11.0M · modeled $28.4M (est)Heli Destinations 3, LLC
CompanyStageRaised · realValue · estvs peer med.
Heli Destinations 3, LLC this companySeries A$11.0M$28.4M1.66×
FlyUSA, Inc.Series A$7.9M$17.1M1.00×
Residential Cruise Holdings IncSeries A$4.8M$11.4M0.67×
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 A$11.0M2025-07-24$49.8M$28.4M90%
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 A$11.0M2025-07-24
    • First recorded raise — entered as Series A.
    • 23 investors on this round.
Intelligence
Modeled next raise
$17.5M
Modeled next size est.range $11.4M$28.1M
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
Brock Andrew Strasbourger1 other2025-07
Mark Andrew Culp1 other2025-07
Registry & provenance

Heli Destinations 3, 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
2076347
SEC CIK
2024
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.

CompanySectorStageRaised · realValue · estWhy similar
Heli Destinations 2, LlcOther TravelSeries A$13.5M$47.5Mnetwork2 shared operators · same sector · same stage
U.S. Coachways, Inc.Other TravelSeries A$10.0M$32.4Msame sector · same stage
Ridecharge IncOther TravelSeries A$12.1M$12.3Msame sector · same stage
Rocket Travel, Inc.Other TravelSeries A$9.6M$48.5Msame sector · same stage
Heli Destinations 1, LlcOther TravelSeries A$8.9M$35.2Msame sector · same stage
Houston HSR Investors, LLCOther TravelSeries A$8.9M$52.2Msame sector · same stage
RVShare, LLCOther TravelSeries A$14.2M$83.2Msame sector · same stage
Schumpeter Enterprises, Inc.Other TravelSeries A$8.4M$42.4Msame sector · same stage
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
Heli Destinations 1, LlcOther TravelSeries A$35.2M95%
Heli Destinations 2, LlcOther TravelSeries A$47.5M95%
Personal Airline Exchange, Inc.Other TravelSeed$6.9M81%
Clever Travel Inc.Other TravelSeed$8.6M81%
Jet It LLCOther TravelSeries B$84.1M81%
Cruisebound, Inc.Other TravelSeries A$38.6M80%
HVN Travel Group IncOther TravelSeed$20.8M80%
Fora Travel, Inc.Other TravelSeries A$57.0M79%
Frequently asked
How much funding has Heli Destinations 3, LLC raised?
Heli Destinations 3, LLC has raised approximately $11.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Heli Destinations 3, LLC's estimated valuation?
Provath's modeled valuation for Heli Destinations 3, LLC is approximately $28.4M (modeled range $13.3M–$48.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Heli Destinations 3, LLC at?
Heli Destinations 3, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Jul 24.
What does Heli Destinations 3, LLC do and where is it based?
Heli Destinations 3, LLC operates in the Other Travel sector, based in ASPEN.
Explore related

See where Heli Destinations 3, 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 Heli Destinations 3, 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.