Companies · Restaurants

Hrg Pitt Llc

PITTSBURGH · Restaurants

Diligence memoA one-page analyst read on Hrg Pitt Llc — recommendation, valuation, rhythm, risks.
$12.9M
Total raised · real
3
Rounds
0.9×
Latest step-up
Top 8%
Sector rank · raised
Series A
Latest stage · inferred · Mon Jul 02 2007 00:00:00 GMT+0000 (Coordinated Universal Time)

Hrg Pitt Llc looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the restaurants 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 0.85× the median modeled value of Series A Restaurants companies in 2007–2009 (14 peers) — value vs value, same stage and era.
  • Within the normal band (85% of peer median) for its niche.
Dormant
  • Last raise 19.0 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

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

Issuer-vehicle patternmedium confidence

Hrg Pitt 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
19.0 yr record
Peak capital year was 2007 with $12.9M across 3 filings.
Market position
ahead of 93% of Restaurants peers
Capital scale is ahead of 93% of Restaurants peers; modeled value is above 88% 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 2007: $12.9M across 3 filings.
  • Largest single filing was $4.7M on 2007-07-02.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Restaurants

Hrg Pitt Llc is one of 2292 Restaurants companies tracked from PITTSBURGH. 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
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$5.0M$10M$15M$20MSeries A · 2007-07-02 Raised $4.7M (real) Modeled valuation $13M (est)$4.7M$13MSeries A2007Series A · 2007-07-02 Raised $4.2M (real) Modeled valuation $12M (est)$4.2M$12MSeries A2007Seed · 2007-07-02 Raised $4.0M (real) Modeled valuation $14M (est)$4.0M$14MSeed2007+$4.2M+$4.0MCumulative $13M

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$4.7M · 2007
Series A extension$4.2M · 2007
Bridge · Series A-stage$4.0M · 2007smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$13.4M
Base estimate est.
$5.4M
Conservative case
$73.1M
Upside case
$21.3M
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 restaurants sector profile. Directional, not a quoted figure.

Series A · modeled $13.4M · 2007-07-022007Series A · modeled $12.1M · 2007-07-02Seed · modeled $14.0M · 2007-07-022007
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
46%
Survival probability
25% low · 63% high
1.05×/yr
Annual markup
1.33×/yr upside case
6.0 yr
Elapsed time used
19.0 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
19.0 yr
On record since
2007
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 14× above median
This company$12.9M
Sector median$900K
Latest round — vs other Series A rounds in sector (real $, this stage) 0.7× of median
This company$4.0M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 5.1× above median
This company$13.4M
Sector median$2.6M

Raised more than 93% of sector peers (real $). Modeled value above 88% 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 #11 of 14.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Grill Concepts Inc · Series A Raised $15.0M · modeled $42.9M (est)P&MC's Holding LLC · Series A Raised $14.3M · modeled $40.9M (est)Restaurant Technologies Inc · Series A Raised $19.0M · modeled $32.7M (est)Five Guys Holdings, Inc. · Series A Raised $10.0M · modeled $28.6M (est)Monument Restaurants V Llc · Series A Raised $6.0M · modeled $17.2M (est)FG Houston Management Group, LLC · Series A Raised $5.9M · modeled $16.9M (est)Buffet Partners, L.P. · Series A Raised $5.7M · modeled $16.3M (est)Cro Development Ii Lp · Series A Raised $5.3M · modeled $15.2M (est)Smashburger MSP JV LLC · Series A Raised $5.0M · modeled $14.3M (est)Smashburger SLC & BOISE JV LLC · Series A Raised $5.0M · modeled $14.3M (est)Spicy Pickle Franchising Inc · Series A Raised $6.7M · modeled $13.3M (est)Hrg Pitt Llc (this company) Raised $12.9M · modeled $13.4M (est)Hrg Pitt Llc
CompanyStageRaised · realValue · estvs peer med.
Grill Concepts IncSeries A$15.0M$42.9M2.72×
P&MC's Holding LLCSeries A$14.3M$40.9M2.59×
Restaurant Technologies IncSeries A$19.0M$32.7M2.08×
Five Guys Holdings, Inc.Series A$10.0M$28.6M1.81×
Monument Restaurants V LlcSeries A$6.0M$17.2M1.09×
FG Houston Management Group, LLCSeries A$5.9M$16.9M1.07×
Buffet Partners, L.P.Series A$5.7M$16.3M1.03×
Cro Development Ii LpSeries A$5.3M$15.2M0.97×
Smashburger MSP JV LLCSeries A$5.0M$14.3M0.91×
Smashburger SLC & BOISE JV LLCSeries A$5.0M$14.3M0.91×
Hrg Pitt Llc this companySeries A$12.9M$13.4M0.85×
Spicy Pickle Franchising IncSeries A$6.7M$13.3M0.84×
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$4.7M2007-07-02$21.3M$13.4M90%
Series A$4.2M2007-07-02$19.3M$12.1M90%
Seed$4.0M2007-07-02$20.0M$14.0M90%
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$4.7M2007-07-02
    • First recorded raise — entered as Series A.
  2. Series A$4.2M2007-07-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
  3. Seed$4.0M2007-07-02
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
Intelligence
Modeled next raise
$4.0M
Modeled next size est.range $4.0M$6.4M
0.9×
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
Dennis V. Cieri2007-07
Edward Jaten2007-07
Michael Joseph Orie2007-07
Registry & provenance

Hrg Pitt 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
1460995
SEC CIK
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
Birdcall Holdings LLCRestaurantsSeries A$12.4M$6.9Msame sector · same stage
Mainstreet Ventures Restaurant Group, LLCRestaurantsSeries A$14.0M$8.6Msame sector · same stage
ModMarket, LLCRestaurantsSeries A$11.7M$19.0Msame sector · same stage
Barfly Ventures, LLCRestaurantsSeries A$11.6M$17.2Msame sector · same stage
F-Pmab, LlcRestaurantsSeries A$14.5M$7.5Msame sector · same stage
VG Holdco, Inc.RestaurantsSeries A$14.5M$12.6Msame sector · same stage
INTEROCEAN COFFEE Co LLCRestaurantsSeries A$15.0M$7.6Msame sector · same stage
Bagels & Co.RestaurantsSeries A$10.3M$11.4Msame sector · same stage
Frequently asked
How much funding has Hrg Pitt Llc raised?
Hrg Pitt Llc has raised approximately $12.9M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Hrg Pitt Llc's estimated valuation?
Provath's modeled valuation for Hrg Pitt Llc is approximately $13.4M (modeled range $5.4M–$73.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hrg Pitt Llc at?
Hrg Pitt Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Jul 02.
What does Hrg Pitt Llc do and where is it based?
Hrg Pitt Llc operates in the Restaurants sector, based in PITTSBURGH.
Explore related

See where Hrg Pitt 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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