Diligence memo · auto-generated · as of July 2, 2026
L2, Inc.
L2, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
L2, Inc. operates in Business Services, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
L2, Inc. has raised $16M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $16M on 2014-02-27.
Most recent recorded round closed around 2014-02-27.
Valuation (modeled)modeled
Provath models L2, Inc. at approximately $375M (range $42M–$1.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.83× the median modeled value of Series B Business Services companies in 2013–2015 (19 peers) — value vs value, same stage and era. Within the normal band (83% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 12.3 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 88% of Business Services peers (2439 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Kpa Investment Holdings, Llc, Entercom Communications Corp, ASX Ltd., AgilOne, Inc., NeueHouse LLC.
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.