Diligence memo · auto-generated · as of July 2, 2026
Hex Performance, LLC
Hex Performance, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Hex Performance, LLC operates in Retailing, based in BALTIMORE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hex Performance, LLC has raised $6.1M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.2M on 2020-01-17.
Most recent recorded round closed around 2021-09-24.
Valuation (modeled)modeled
Provath models Hex Performance, LLC at approximately $1.1M (range $307K–$4.4M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.04× the median modeled value of Series A Retailing companies in 2019–2021 (76 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 17 months.
Last raise 4.8 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 20.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 75% of Retailing peers (2347 compared).
Modeled value ranks above 12% of those peers.
Closest niche peers: GP Parent, L.L.C., Anomalie Inc., Anine Bing Corp, Doms Market Holdco Inc., Streamline USA, Inc..
Peoplefiled
10 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.