Diligence memo · auto-generated · as of July 3, 2026
L5 Big Blue Swim School No. Three, LLC
L5 Big Blue Swim School No. Three, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
L5 Big Blue Swim School No. Three, LLC operates in Edtech, based in CHICAGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
L5 Big Blue Swim School No. Three, LLC has raised $4.1M 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: $4.1M on 2018-11-29.
Most recent recorded round closed around 2018-11-29.
Valuation (modeled)modeled
Provath models L5 Big Blue Swim School No. Three, LLC at approximately $65M (range $5.2M–$352M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.75× the median modeled value of Series A Edtech companies in 2016–2018 (15 peers) — value vs value, same stage and era. Within the normal band (75% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 7.6 yr ago; this sector typically re-raises about every 15 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 69% of Edtech peers (262 compared).
Modeled value ranks above 79% of those peers.
Closest niche peers: Make School Inc., Calvert Education Services, LLC, Grovo Learning, Inc., MarcoPolo Learning, Inc., Carolina Education & Ministry Investors Two, LLC.
Peoplefiled
3 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.