Diligence memo · auto-generated · as of July 2, 2026

Ice Services LLC

Ice Services LLC looks under-valued against its niche peers and is quiet on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Ice Services LLC operates in Retailing, based in Lincolnshire.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Ice Services LLC has raised $19M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $15M on 2014-10-01.

Most recent recorded round closed around 2024-10-28.

Valuation (modeled)modeled

Provath models Ice Services LLC at approximately $12M (range $5.2M–$24M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.66× the median modeled value of Series A Retailing companies in 2022–2024 (100 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 121 months.

Last raise 20 mo ago; this sector typically re-raises about every 13 months.

Slightly overdue versus sector cadence.

The last round was 3.6× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 88% of Retailing peers (2347 compared).

Modeled value ranks above 66% of those peers.

Closest niche peers: Olivela Inc., PSP Investors, LLC, Coreleap, Inc., Cariloha, Inc., Elevation Cannabis, LLC.

Peoplefiled

10 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.