Companies · Lodging and Conventions

Hotel Mankato, LLC

Mankato · Lodging and Conventions

Diligence memoA one-page analyst read on Hotel Mankato, LLC — recommendation, valuation, rhythm, risks.
$13.7M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 8%
Sector rank · raised
Series A
Latest stage · inferred · Fri Mar 15 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Hotel Mankato, LLC looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the lodging sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.16× the median modeled value of Series A Lodging and Conventions companies in 2022–2024 (28 peers) — value vs value, same stage and era.
  • Within the normal band (116% of peer median) for its niche.
At-risk
  • Last raise 2.3 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Hotel Mankato, 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
3.0 yr record
Peak capital year was 2024 with $20.8M across 3 filings.
Market position
ahead of 93% of Lodging and Conventions peers
Capital scale is ahead of 93% of Lodging and Conventions peers; modeled value is above 89% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2024: $20.8M across 3 filings.
  • Largest single filing was $12.0M on 2024-03-15.
  • Filing rows sum to $22.5M, while canonical raised total is $13.7M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Lodging and Conventions

Hotel Mankato, LLC is one of 514 Lodging and Conventions companies tracked from Mankato. By capital raised it ranks among the largest (ahead of 93% 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
4
Investors (latest)
2021
Year incorporated
2024-03-15
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$50MSeed · 2023-06-26 Raised $1.7M (real) Modeled valuation $5.4M (est)$1.7M$5.4MSeed2023Series A · 2024-03-15 Raised $12M (real) Modeled valuation $35M (est)$12M$35MSeries A2024Series A · 2024-03-15 Raised $8.2M (real) Modeled valuation $24M (est)$8.2M$24MSeries A2024Pre-Seed · 2024-03-15 Raised $600K (real) Modeled valuation $1.6M (est)$600K$1.6MPre-Seed2024+$12M+$8.2M+$600KCumulative $23M

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
Seed$1.7M · 2023
Series A$12.0M · 2024
Series A extension$8.2M · 2024
Bridge · Series A-stage$600K · 2024smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$35.4M
Base estimate est.
$14.5M
Conservative case
$81.9M
Upside case
$54.8M
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 lodging sector profile. Directional, not a quoted figure.

Seed · modeled $5.4M · 2023-06-262023Series A · modeled $35.4M · 2024-03-15Series A · modeled $23.9M · 2024-03-15Pre-Seed · modeled $1.6M · 2024-03-152024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
48%
Survival probability
26% low · 66% high
1.13×/yr
Annual markup
1.43×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
lodging
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
$19.1M/yr
Capital velocity
3.0 yr
On record since
2023
First round
4
Rounds on file
How it compares to the market

Benchmarked against 514 companies in Lodging and Conventions. 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) 5.5× above median
This company$13.7M
Sector median$2.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$600K
Sector median$7.0M
Modeled value — vs sector median (estimate, all stages) 3.3× above median
This company$35.4M
Sector median$10.8M

Raised more than 93% of sector peers (real $). Modeled value above 89% 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 company ranks #5 of 28.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Remcon Circle, LLC · Series A Raised $15.0M · modeled $53.5M (est)Lynden Hotel Group, LLC · Series A Raised $11.3M · modeled $42.2M (est)DH Stout Road, LLC · Series A Raised $13.0M · modeled $41.7M (est)Ashford Hospitality Holdings LLC · Series A Raised $9.5M · modeled $35.5M (est)Inn at the University Downtown LLC · Series A Raised $12.3M · modeled $35.0M (est)Eaton Hospitality Group, LLC · Series A Raised $11.6M · modeled $34.4M (est)8251 Amarillo Blvd (H2), LLC · Series A Raised $10.0M · modeled $33.7M (est)Longmont Hospitality Group, LLC · Series A Raised $8.8M · modeled $33.3M (est)DH Deerfield, LLC · Series A Raised $9.1M · modeled $32.8M (est)Ephraim Utah Hotel, LLC · Series A Raised $9.8M · modeled $32.4M (est)Omaha DT MM Investors, LLC · Series A Raised $10.0M · modeled $32.3M (est)Hotel Mankato, LLC (this company) Raised $13.7M · modeled $35.4M (est)Hotel Mankato, LLC
CompanyStageRaised · realValue · estvs peer med.
Remcon Circle, LLCSeries A$15.0M$53.5M1.75×
Lynden Hotel Group, LLCSeries A$11.3M$42.2M1.38×
DH Stout Road, LLCSeries A$13.0M$41.7M1.37×
Ashford Hospitality Holdings LLCSeries A$9.5M$35.5M1.16×
Hotel Mankato, LLC this companySeries A$13.7M$35.4M1.16×
Inn at the University Downtown LLCSeries A$12.3M$35.0M1.15×
Eaton Hospitality Group, LLCSeries A$11.6M$34.4M1.13×
8251 Amarillo Blvd (H2), LLCSeries A$10.0M$33.7M1.10×
Longmont Hospitality Group, LLCSeries A$8.8M$33.3M1.09×
DH Deerfield, LLCSeries A$9.1M$32.8M1.07×
Ephraim Utah Hotel, LLCSeries A$9.8M$32.4M1.06×
Omaha DT MM Investors, LLCSeries A$10.0M$32.3M1.06×
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.
Seed$1.7M2023-06-26$8.5M$5.4M90%
Series A$12.0M2024-03-15$54.8M$35.4M90%
Series A$8.2M2024-03-15$37.0M$23.9M90%
Pre-Seed$600K2024-03-15$3.3M$1.6M90%
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. Seed$1.7M2023-06-26
    • First recorded raise — entered as Seed.
    • 3 investors on this round.
  2. Series A$12.0M2024-03-15
    • Raised 9 mo later, in step with the ~12 mo sector norm.
    • Round 7.1× larger than the prior — scaling up.
    • 19 investors on this round.
  3. Series A$8.2M2024-03-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 13 investors on this round.
  4. Pre-Seed$600K2024-03-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 13.6× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~3mo cadence
$600K
Modeled next size est.range $600K$960K
0.1×
Last step-up
$19.1M/yr
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
Bryan D. Sowers2024-03
Bryan J. Sowers2023-06
Chad D. Suprenant2024-03
John D. Dammermann2024-03
John J. Dammermann2024-03
Jonathan D. Kietzer2024-03
Jonathan J. Kietzer2023-06
Kyle D. Smith2024-03
Tony D. Frentz2024-03
Registry & provenance

Hotel Mankato, 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
1983129
SEC CIK
2021
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
GMI-NOMA Refi, LPLodging and ConventionsSeries A$13.6M$60.9Msame sector · same stage
Charlotte HP, LLCLodging and ConventionsSeries A$14.5M$67.8Msame sector · same stage
CP Block A Member, LLCLodging and ConventionsSeries A$14.5M$31.9Msame sector · same stage
CS Extended Stay Hotel, LLCLodging and ConventionsSeries A$13.0M$51.3Msame sector · same stage
DH Stout Road, LLCLodging and ConventionsSeries A$13.0M$41.7Msame sector · same stage
Gmi Es 14 LpLodging and ConventionsSeries A$13.0M$60.7Msame sector · same stage
Springwood Hospitality 9 LPLodging and ConventionsSeries A$12.9M$60.6Msame sector · same stage
Springwood Hospitality 10 LPLodging and ConventionsSeries A$12.7M$59.2Msame 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
Springfield Hotel, LLCLodging and ConventionsSeries A$20.7M85%
Manzanita Lodging, LlcLodging and ConventionsSeries A$10.9M84%
MVCO Hotel, LLCLodging and ConventionsSeed$6.6M84%
Hershey Lodging LLCLodging and ConventionsSeed$11.1M83%
Na Hotel, LlcLodging and ConventionsSeed$5.4M82%
Lamoni Hotel Group, LLCLodging and ConventionsPre-Seed$6.1M82%
Eugene Hotel, LLCLodging and ConventionsPre-Seed$2.1M82%
Horse Valley, LLCLodging and ConventionsSeed$11.5M81%
Frequently asked
How much funding has Hotel Mankato, LLC raised?
Hotel Mankato, LLC has raised approximately $13.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Hotel Mankato, LLC's estimated valuation?
Provath's modeled valuation for Hotel Mankato, LLC is approximately $35.4M (modeled range $14.5M–$81.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hotel Mankato, LLC at?
Hotel Mankato, LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Mar 15.
What does Hotel Mankato, LLC do and where is it based?
Hotel Mankato, LLC operates in the Lodging and Conventions sector, based in Mankato.
Explore related

See where Hotel Mankato, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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