Companies · Restaurants
HOUSTON · Restaurants
Diligence memoA one-page analyst read on Lettuce Develop & Prosper, LP — recommendation, valuation, rhythm, risks.→Lettuce Develop & Prosper, LP 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 restaurants sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.
Lettuce Develop & Prosper, LP behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.
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.
Lettuce Develop & Prosper, LP is one of 2292 Restaurants companies tracked from HOUSTON. By capital raised it ranks in the upper tier (ahead of 89% 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.
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.
Benchmarked against 2292 companies in Restaurants. 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.
Raised more than 89% of sector peers (real $). Modeled value above 22% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #49 of 49.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Flix Entertainment LLC | Series A | $13.3M | $38.1M | 2.42× |
| LDR Holdings, LLC | Series A | $12.6M | $36.2M | 2.30× |
| Elks Temple Properties LLC | Series A | $24.5M | $35.8M | 2.27× |
| Fast Good LLC | Series A | $12.0M | $34.4M | 2.19× |
| Crack Shack Enterprises, LLC | Series A | $12.0M | $34.4M | 2.18× |
| Urth Expansion Holdings, LLC | Series A | $10.3M | $29.2M | 1.85× |
| Next Level Pizza Inc | Series A | $26.2M | $29.1M | 1.85× |
| T.Y.P. Restaurant Group, Inc. | Series A | $14.1M | $28.6M | 1.82× |
| Eat & Eat California LLC | Series A | $9.0M | $25.8M | 1.64× |
| Johnny Mo's LLC | Series A | $9.0M | $25.8M | 1.64× |
| Sustainable Restaurant Holdings, Inc. | Series A | $9.3M | $24.3M | 1.55× |
| Parson'S Lincoln Park, Llc | Series A | $8.0M | $22.9M | 1.45× |
| Lettuce Develop & Prosper, LP this company | Series A | $7.9M | $874K | 0.06× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $200K | 2016-08-29 | $1.1M | $874K | 90% |
| Series A | $7.7M | — | $35.0M | $16.2M | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Kevin L Hogan | — | — | 2016-08 |
| Mark W Brooker | — | — | 2016-08 |
Lettuce Develop & Prosper, LP is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Maroon Bells of Colorado, Inc | Restaurants | Series A | $10.3M | $874K | same sector · same stage |
| Bravehart Hospitality Group LLC | Restaurants | Series A | $1.9M | $888K | same sector · same stage |
| PB Restaurants, LLC | Restaurants | Seed | $11.8M | $1.0M | same sector |
| GBB Hospitality Group, LLC | Restaurants | Seed | $12.1M | $1.1M | same sector |
| MP Playa NE Investors, LLC | Restaurants | Seed | $3.0M | $1.1M | same sector |
| Bostonian Hospitality Group, Llc | Restaurants | Seed | $2.7M | $1.1M | same sector |
| Equitabowl, Inc. | Restaurants | Seed | $2.7M | $967K | same sector |
| FKM Brands Corp | Restaurants | Seed | $2.4M | $931K | same sector |
See where Lettuce Develop & Prosper, LP sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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