Diligence memo · auto-generated · as of July 2, 2026
Indiana Fiber Network, LLC
Indiana Fiber Network, LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Indiana Fiber Network, LLC operates in Telecommunications, based in INDIANAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Indiana Fiber Network, LLC has raised $11M 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: $11M on 2019-02-15.
Most recent recorded round closed around 2019-02-15.
Valuation (modeled)modeled
Provath models Indiana Fiber Network, LLC at approximately $193M (range $15M–$1.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.72× the median modeled value of Series A Telecommunications companies in 2019–2021 (26 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 7.4 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 69% of Telecommunications peers (929 compared).
Modeled value ranks above 82% of those peers.
Closest niche peers: California Internet Holdings, L.P., NuWave Communications, Inc., Resonant Inc, Verana Networks, Inc., Telescent, Inc..
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.