Companies · Investment Vehicle

Indiana Film Fund LLC

BLOOMINGTON · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on Indiana Film Fund LLC — recommendation, valuation, rhythm, risks.
$1.3M
Total raised · real
1
Rounds
0.2×
Latest step-up
Top 67%
Sector rank · raised
Seed
Latest stage · inferred · Thu Sep 07 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Indiana Film Fund LLC has raised $1.3M over 1 round; too few niche peers to rank its valuation yet.

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

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

Issuer-vehicle patternmedium confidence

Indiana Film Fund 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
8.8 yr record
Peak capital year was 2017 with $1.5M across 2 filings.
Market position
ahead of 34% of Investment Vehicle peers
Capital scale is ahead of 34% of Investment Vehicle peers; modeled value is above 50% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2017: $1.5M across 2 filings.
  • Largest single filing was $1.3M on 2017-09-07.
  • Filing rows sum to $1.5M, while canonical raised total is $1.3M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Investment Vehicle

Indiana Film Fund LLC is one of 1793 Investment Vehicle companies tracked from BLOOMINGTON. By capital raised it ranks in the long tail (ahead of 34% of sector peers), and mid-pack 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(b)
Reg D exemption
2
Investors (latest)
2017
Year incorporated
2017-09-07
First sale
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$50MSeed · 2017-09-07 Raised $1.3M (real) Modeled valuation $24M (est)$1.3M$24MSeed2017Pre-Seed · 2017-09-07 Raised $220K (real) Modeled valuation $5.1M (est)$220K$5.1MPre-Seed2017+$220KCumulative $1.5M

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
Seed$1.3M · 2017
Bridge · Seed-stage$220K · 2017smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$24.1M
Base estimate est.
$1.2M
Conservative case
$188.9M
Upside case
$6.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $24.1M · 2017-09-072017Pre-Seed · modeled $5.1M · 2017-09-072017
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
8.8 yr
On record since
2017
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. 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) 0.4× of median
This company$1.3M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$220K
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$24.1M
Sector median$25.2M

Raised more than 34% of sector peers (real $). Modeled value above 50% of peers (estimate).

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.
Seed$1.3M2017-09-07$6.5M$24.1M90%
Pre-Seed$220K2017-09-07$1.2M$5.1M90%
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. Seed$1.3M2017-09-07
    • First recorded raise — entered as Seed.
    • 30 investors on this round.
  2. Pre-Seed$220K2017-09-07
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 5.9× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
Modeled next raise
$220K
Modeled next size est.range $220K$352K
0.2×
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
John Armstrong7 other2017-09
Zachary Spicer3 other2017-09
Marie Forrestal1 other2017-09
Gordon Strain2017-09
Registry & provenance

Indiana Film Fund 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
1715652
SEC CIK
2017
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
Reibus International, Inc.Other TechnologySeed$6.0M$91.8Mnetwork1 shared operator · same stage
North Arrow Minerals Inc.Mining & ResourcesPre-Seed$640K$1.1Mnetwork1 shared operator
Lead Horse Technologies, Inc.Other TechnologyPre-Seed$400K$8.5Mnetwork1 shared operator
Good Catholic LLCOtherPre-Seed$307K$7.1Mnetwork1 shared operator
Kul Inc.OtherPre-Seed$294K$6.8Mnetwork1 shared operator
Pigasus Investment Group, L.P.OtherSeries A$9.9M$80.0Mnetwork1 shared operator
Higg Inc.Other TechnologySeries C$59.0M$1.0Bnetwork1 shared operator
Tectonic Metals Inc.Mining & ResourcesSeries B$61.5M$128.2Mnetwork1 shared operator
Frequently asked
How much funding has Indiana Film Fund LLC raised?
Indiana Film Fund LLC has raised approximately $1.3M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Indiana Film Fund LLC's estimated valuation?
Provath's modeled valuation for Indiana Film Fund LLC is approximately $24.1M (modeled range $1.2M–$188.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Indiana Film Fund LLC at?
Indiana Film Fund LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Sep 07.
What does Indiana Film Fund LLC do and where is it based?
Indiana Film Fund LLC operates in the Investment Vehicle sector, based in BLOOMINGTON.
Explore related

See where Indiana Film Fund 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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