Companies · Other

Icon on Midvale LLC

MANHATTAN BEACH · Other

Diligence memoA one-page analyst read on Icon on Midvale LLC — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
1
Rounds
Latest step-up
Top 22%
Sector rank · raised
Series A
Latest stage · inferred · Thu Oct 17 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Icon on Midvale LLC looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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

Fair
  • Modeled value is 1.18× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
  • Within the normal band (118% of peer median) for its niche.
Quiet
  • Last raise 20 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector 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

Icon on Midvale 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
1.7 yr record
Peak capital year was 2024 with $11.0M across 1 filings.
Market position
ahead of 79% of Other peers
Capital scale is ahead of 79% of Other peers; modeled value is above 70% 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
Lower 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.
  • Sector is still broad/Other, so operating comparables are weak.
  • 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: $11.0M across 1 filings.
  • Largest single filing was $11.0M on 2024-10-17.
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.
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 Other

Icon on Midvale LLC is one of 25015 Other companies tracked from MANHATTAN BEACH. By capital raised it ranks in the upper tier (ahead of 79% 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
2024
Year incorporated
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$50MSeries A · 2024-10-17 Raised $11M (real) Modeled valuation $46M (est)$11M$46MSeries A2024

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$11.0M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$45.9M
Base estimate est.
$15.0M
Conservative case
$92.7M
Upside case
$50.0M
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. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
1.7 yr
Elapsed time used
1.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
1.7 yr
On record since
2024
First round
1
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 5.4× above median
This company$11.0M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.9× above median
This company$11.0M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 2.6× above median
This company$45.9M
Sector median$17.7M

Raised more than 79% of sector peers (real $). Modeled value above 70% 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 #417 of 1,135.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.5M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.6M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.1M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.1M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.4M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $134.0M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $133.0M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.1M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.8M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.7M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.9M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.3M (est)Icon on Midvale LLC (this company) Raised $11.0M · modeled $45.9M (est)Icon on Midvale LLC
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.5M3.67×
Quantori, Inc.Series A$15.0M$138.6M3.57×
Qquv Investments 5, LlcSeries A$15.0M$135.1M3.48×
Applause Network TV, Inc.Series A$15.0M$135.1M3.48×
Trustworthy CoSeries A$15.5M$134.4M3.46×
DigniFi Holding, Inc.Series A$24.3M$134.0M3.45×
Proventures Capital, Inc.Series A$14.7M$133.0M3.42×
Zenledger, Inc.Series A$21.6M$132.1M3.40×
Gridwise, Inc.Series A$20.4M$131.8M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.7M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.9M3.26×
Harmony Musical LLCSeries A$15.0M$126.3M3.25×
Icon on Midvale LLC this companySeries A$11.0M$45.9M1.18×
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$11.0M2024-10-17$50.0M$45.9M90%
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$11.0M2024-10-17
    • First recorded raise — entered as Series A.
Intelligence
Modeled next raise
$17.6M
Modeled next size est.range $11.4M$28.2M
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
Gary Lipsky1 other2024-10
Joseph Fang1 other2024-10
Registry & provenance

Icon on Midvale 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
2041753
SEC CIK
2024
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
Icon on Broadway LLCOtherSeries A$14.3M$40.0Mnetwork2 shared operators · same sector · same stage
Wildlife Partners EBP #2024B Joint Venture & Wildlife Partners EBP #2024B LLCOtherSeries A$11.0M$44.1Msame sector · same stage
Eaglesmere Williston 1, LLCOtherSeries A$10.9M$44.3Msame sector · same stage
Equilibrium Capital Management, Inc.OtherSeries A$11.3M$45.2Msame sector · same stage
Plannuh, Inc.OtherSeries A$10.7M$45.7Msame sector · same stage
Sunstone Therapies, Inc.OtherSeries A$11.3M$45.4Msame sector · same stage
Oxla, Inc.OtherSeries A$10.7M$45.7Msame sector · same stage
Kiwi Crate Inc.OtherSeries A$11.4M$47.4Msame 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
Icon on Broadway LLCOtherSeries A$40.0M78%
Icon Meals, LLCOtherSeries A$28.5M75%
Icon1 Sportz Management, Inc.OtherPre-Seed$1.6M75%
Icon Aircraft IncOtherSeries B$332.3M73%
AUA Midvale Townhomes, LLCOtherSeed$2.9M73%
iConsumer Corp.Other TechnologyPre-Seed$5.7M72%
Eighth Icon Holdings, Inc.OtherPre-Seed$1.4M71%
ICON Technology, Inc.Software / TechSeries D+$558.0M71%
Frequently asked
How much funding has Icon on Midvale LLC raised?
Icon on Midvale LLC has raised approximately $11.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Icon on Midvale LLC's estimated valuation?
Provath's modeled valuation for Icon on Midvale LLC is approximately $45.9M (modeled range $15.0M–$92.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Icon on Midvale LLC at?
Icon on Midvale LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Oct 17.
What does Icon on Midvale LLC do and where is it based?
Icon on Midvale LLC operates in the Other sector, based in MANHATTAN BEACH.
Explore related

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