Diligence memo · auto-generated · as of July 2, 2026
I Heart Waffles, Llc.
I Heart Waffles, Llc. looks fair against its niche peers and is active on financing cadence.
Businessfiled
I Heart Waffles, Llc. operates in Restaurants, based in SHAKER HEIGHTS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
I Heart Waffles, Llc. has raised $10M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on —.
Valuation (modeled)modeled
Provath models I Heart Waffles, Llc. at approximately $21M (range $11M–$29M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.29× the median modeled value of Series A Restaurants companies (256 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.
Financing rhythm & timingmixed
No dated round to assess.
Comparablesmixed
Capital scale ranks ahead of 91% of Restaurants peers (2292 compared).
Modeled value ranks above 92% of those peers.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.