Diligence memo · auto-generated · as of July 2, 2026
Marine Layer, Inc.
Marine Layer, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Marine Layer, Inc. operates in Retailing, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Marine Layer, Inc. has raised $7.0M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.3M on 2015-04-10.
Most recent recorded round closed around 2015-04-10.
Valuation (modeled)modeled
Provath models Marine Layer, Inc. at approximately $21M (range $2.6M–$161M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.21× the median modeled value of Seed Retailing companies in 2013–2015 (103 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 11.2 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 76% of Retailing peers (2347 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: DK Equity, LLC, Pam & Gela, Inc., Kaufmann Mercantile, Inc., Only Natural Pet Store, LLC, ROOY, Inc..
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.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.