Companies · Business Services

Leonas Capital & Advisory Iii Llc - Athena Series

LAS VEGAS · Business Services

Diligence memoA one-page analyst read on Leonas Capital & Advisory Iii Llc - Athena Series — recommendation, valuation, rhythm, risks.→
$150K
Total raised · real
1
Rounds
—
Latest step-up
Top 75%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Leonas Capital & Advisory Iii Llc - Athena Series looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the business services sector profile.

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

Under-valued
  • Modeled value is 0.60× the median modeled value of Pre-Seed Business Services companies in 2022–2024 (151 peers) — value vs value, same stage and era.
  • Issuer reports $1M–$5M revenue while modeled below niche peers.
Dormant
  • Last raise 3.3 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.

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

Issuer-vehicle patternmedium confidence

Leonas Capital & Advisory Iii Llc - Athena Series 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
3.5 yr record
Peak capital year was 2023 with $150K across 1 filings.
Market position
ahead of 26% of Business Services peers
Capital scale is ahead of 26% of Business Services peers; modeled value is above 25% 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
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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $150K across 1 filings.
  • Largest single filing was $150K on 2023-03-31.
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 Business Services

Leonas Capital & Advisory Iii Llc - Athena Series is one of 2439 Business Services companies tracked from LAS VEGAS. By capital raised it ranks in the long tail (ahead of 26% of sector peers), and in the long tail 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
$1M–$5M
Issuer revenue
Rule 506(b)
Reg D exemption
13
Investors (latest)
2023
Year incorporated
2023-03-31
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$500K$1.0M$1.5M$2.0MPre-Seed · 2023-03-31 Raised $150K (real) Modeled valuation $1.2M (est)$150K$1.2MPre-Seed2023

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
Pre-Seed$150K · 2023

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

Modeled valuation trajectory
$1.2M
Base estimate est.
$102K
Conservative case
$6.1M
Upside case
$833K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
31%
Survival probability
12% low · 56% high
1.63×/yr
Annual markup
2.21×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
3.5 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2439 companies in Business Services. 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)▼ 0.1× of median
This company$150K
Sector median$1.5M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▼ 0.5× of median
This company$150K
Sector median$322K
Modeled value — vs sector median (estimate, all stages)▼ 0.1× of median
This company$1.2M
Sector median$15.0M

Raised more than 26% of sector peers (real $). Modeled value above 25% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #111 of 151.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)AltaClaro, Inc. · Pre-Seed Raised $1.0M · modeled $14.7M (est)LC Group, LLC · Pre-Seed Raised $713K · modeled $9.7M (est)SEI - Chicago LLC · Pre-Seed Raised $1.3M · modeled $8.1M (est)Ellie Lane Capital Llc · Pre-Seed Raised $800K · modeled $7.3M (est)Blast Digital Media Corp · Pre-Seed Raised $500K · modeled $7.0M (est)Clean30 LLC · Pre-Seed Raised $600K · modeled $6.9M (est)Skydeo Inc · Pre-Seed Raised $834K · modeled $6.7M (est)Aiken Farrell Kroloff Llc · Pre-Seed Raised $1.0M · modeled $6.7M (est)TeamBuilder, LLC · Pre-Seed Raised $895K · modeled $6.5M (est)Altitude International Holdings, Inc. · Pre-Seed Raised $850K · modeled $6.4M (est)Esports Exclusive, Inc. · Pre-Seed Raised $350K · modeled $5.2M (est)Topranked.Io Llc · Pre-Seed Raised $750K · modeled $5.2M (est)Leonas Capital & Advisory Iii Llc - Athena Series (this company) Raised $150K · modeled $1.2M (est)Leonas Capital & Advisory Iii Llc - Athena Series
CompanyStageRaised · realValue · estvs peer med.
AltaClaro, Inc.Pre-Seed$1.0M$14.7M7.12×
LC Group, LLCPre-Seed$713K$9.7M4.72×
SEI - Chicago LLCPre-Seed$1.3M$8.1M3.94×
Ellie Lane Capital LlcPre-Seed$800K$7.3M3.54×
Blast Digital Media CorpPre-Seed$500K$7.0M3.41×
Clean30 LLCPre-Seed$600K$6.9M3.33×
Skydeo IncPre-Seed$834K$6.7M3.25×
Aiken Farrell Kroloff LlcPre-Seed$1.0M$6.7M3.23×
TeamBuilder, LLCPre-Seed$895K$6.5M3.13×
Altitude International Holdings, Inc.Pre-Seed$850K$6.4M3.12×
Esports Exclusive, Inc.Pre-Seed$350K$5.2M2.52×
Topranked.Io LlcPre-Seed$750K$5.2M2.51×
Leonas Capital & Advisory Iii Llc - Athena Series this companyPre-Seed$150K$1.2M0.60×
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.
Pre-Seed$150K2023-03-31$833K$1.2M90%
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. Pre-Seed$150K2023-03-31
    • First recorded raise — entered as Pre-Seed.
    • 13 investors on this round.
Intelligence
—
Modeled next raise
$240K
Modeled next size est.range $156K–$384K
—
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
Lauren Schmidt——2023-03
Mercedee Renz Hutton——2023-03
Sheila Bangalore——2023-03
Registry & provenance

Leonas Capital & Advisory Iii Llc - Athena Series 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
1972632
SEC CIK
2023
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
Big Happy, Inc.Business ServicesPre-Seed$150K$1.7Msame sector · same stage
Call Center Mangement, Inc.Business ServicesPre-Seed$150K$689Ksame sector · same stage
Courierboard LLCBusiness ServicesPre-Seed$150K$255Ksame sector · same stage
Eji Co.Business ServicesPre-Seed$150K$1.2Msame sector · same stage
Hamilton Contracting Services Acquisitions, LLCBusiness ServicesPre-Seed$150K$854Ksame sector · same stage
Jp Global LlcBusiness ServicesPre-Seed$150K$2.2Msame sector · same stage
Rocky Mountain Caskets, LLCBusiness ServicesPre-Seed$150K$255Ksame sector · same stage
S4 Connect LLCBusiness ServicesPre-Seed$150K$319Ksame 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
Alpha Strategies LLCBusiness ServicesPre-Seed$5.0M73%
Lapa Athena LLCOtherSeries A$40.1M72%
Southeast Capital LLCBusiness ServicesPre-Seed$19.0M72%
Bridge Angel Investors III (Knack), LLCBusiness ServicesPre-Seed$4.8M72%
EF Capital Management, LLCBusiness ServicesSeed$31.0M71%
Aetos Capital IncBusiness ServicesPre-Seed$979K71%
Athena IncOther TechnologySeries A$277.4M71%
Aurarius Investment Group, Inc.Business ServicesPre-Seed$9.0M71%
Frequently asked
How much funding has Leonas Capital & Advisory Iii Llc - Athena Series raised?
Leonas Capital & Advisory Iii Llc - Athena Series has raised approximately $150K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Leonas Capital & Advisory Iii Llc - Athena Series's estimated valuation?
Provath's modeled valuation for Leonas Capital & Advisory Iii Llc - Athena Series is approximately $1.2M (modeled range $102K–$6.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Leonas Capital & Advisory Iii Llc - Athena Series at?
Leonas Capital & Advisory Iii Llc - Athena Series's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Mar 31.
What does Leonas Capital & Advisory Iii Llc - Athena Series do and where is it based?
Leonas Capital & Advisory Iii Llc - Athena Series operates in the Business Services sector, based in LAS VEGAS.
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