Diligence memo · auto-generated · as of July 2, 2026

McAdam's Fish, LLC

McAdam's Fish, LLC looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

McAdam's Fish, LLC operates in Other, based in MILL VALLEY.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

McAdam's Fish, LLC has raised $3.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.4M on 2011-10-21.

Most recent recorded round closed around 2012-07-23.

Valuation (modeled)modeled

Provath models McAdam's Fish, LLC at approximately $13M (range $628K–$102M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.39× the median modeled value of Seed Other companies in 2010–2012 (877 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 9 months.

Last raise 13.9 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round was 3.5× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 57% of Other peers (25015 compared).

Modeled value ranks above 44% of those peers.

Closest niche peers: Carsmetics Socal Group, Llc, Hot Flashes, LLC, Watermill-MPI Partners, L.P., Insituform Technologies Inc, Aquantis, Inc..

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.