Companies · Other

Mel Fisher Expedition - 2019, LLC

KEY WEST · Other

Diligence memoA one-page analyst read on Mel Fisher Expedition - 2019, LLC — recommendation, valuation, rhythm, risks.
$178K
Total raised · real
1
Rounds
1.0×
Latest step-up
Top 94%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Tue Jan 01 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Mel Fisher Expedition - 2019, LLC 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.

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 0.66× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.5 yr ago; this sector typically re-raises about every 11 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

Mel Fisher Expedition - 2019, LLC 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
7.5 yr record
Peak capital year was 2019 with $355K across 2 filings.
Market position
ahead of 7% of Other peers
Capital scale is ahead of 7% of Other peers; modeled value is above 22% 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
Lower 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $355K across 2 filings.
  • Largest single filing was $178K on 2019-01-01.
  • Filing rows sum to $355K, while canonical raised total is $178K; likely amendments/superseded rows are mixed into the detail view.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Other

Mel Fisher Expedition - 2019, LLC is one of 25015 Other companies tracked from KEY WEST. By capital raised it ranks in the long tail (ahead of 7% 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
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
14
Investors (latest)
2018
Year incorporated
2019-01-01
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2019-01-01 Raised $178K (real) Modeled valuation $4.1M (est)$178K$4.1MPre-Seed2019Pre-Seed · 2019-01-01 Raised $178K (real) Modeled valuation $4.1M (est)$178K$4.1MPre-Seed2019+$178KCumulative $355K

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$178K · 2019
Pre-Seed extension$178K · 2019

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

Modeled valuation trajectory
$4.1M
Base estimate est.
$118K
Conservative case
$46.5M
Upside case
$986K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Pre-Seed · modeled $4.1M · 2019-01-012019Pre-Seed · modeled $4.1M · 2019-01-012019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
7.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
7.5 yr
On record since
2019
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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$178K
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$178K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$4.1M
Sector median$17.7M

Raised more than 7% of sector peers (real $). Modeled value above 22% 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 #931 of 1,372.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Valued, Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)CiiTA, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Wnder, LTD · Pre-Seed Raised $1.0M · modeled $23.1M (est)Supernova Discotheque, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)TommyKnockers LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Irws Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)Old Club · Pre-Seed Raised $1.0M · modeled $23.1M (est)Finalytix Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Varfaj Ventures LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Jones Beach Adventure Excursions LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Sun Beef, Llc · Pre-Seed Raised $1.0M · modeled $23.1M (est)Royalty Exchange Inc. · Pre-Seed Raised $1.0M · modeled $23.1M (est)Mel Fisher Expedition - 2019, LLC (this company) Raised $178K · modeled $4.1M (est)Mel Fisher Expedition - 2019, LLC
CompanyStageRaised · realValue · estvs peer med.
Valued, Inc.Pre-Seed$1.0M$23.1M3.72×
CiiTA, LLCPre-Seed$1.0M$23.1M3.72×
Wnder, LTDPre-Seed$1.0M$23.1M3.72×
Supernova Discotheque, LLCPre-Seed$1.0M$23.1M3.72×
TommyKnockers LLCPre-Seed$1.0M$23.1M3.72×
Irws LlcPre-Seed$1.0M$23.1M3.72×
Old ClubPre-Seed$1.0M$23.1M3.72×
Finalytix Inc.Pre-Seed$1.0M$23.1M3.72×
Varfaj Ventures LLCPre-Seed$1.0M$23.1M3.72×
Jones Beach Adventure Excursions LLCPre-Seed$1.0M$23.1M3.72×
Sun Beef, LlcPre-Seed$1.0M$23.1M3.72×
Royalty Exchange Inc.Pre-Seed$1.0M$23.1M3.72×
Mel Fisher Expedition - 2019, LLC this companyPre-Seed$178K$4.1M0.66×
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$178K2019-01-01$986K$4.1M90%
Pre-Seed$178K2019-01-01$986K$4.1M90%
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$178K2019-01-01
    • First recorded raise — entered as Pre-Seed.
    • 14 investors on this round.
  2. Pre-Seed$178K2019-01-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
Intelligence
Modeled next raise
$178K
Modeled next size est.range $178K$284K
1.0×
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
KIM HAYWARD FISHER6 other2019-01
ONETT HAYWARD JOHNSON3 other2019-01
Zachary Hayward Preston1 other2019-01
Expeditions Hayward Southernmost2019-01
Registry & provenance

Mel Fisher Expedition - 2019, LLC 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
1770581
SEC CIK
2018
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
Mel Fisher Expedition - 2018, LLCOtherPre-Seed$137K$3.2Mnetwork3 shared operators · same sector · same stage
Mel Fisher Expedition - 2017, LLCOtherPre-Seed$107K$2.5Mnetwork2 shared operators · same sector · same stage
Mel Fisher Expedition - 2022, LLCOtherPre-Seed$611K$7.3Mnetwork1 shared operator · same sector · same stage
Mel Fisher Expedition - 2016, LlcOtherSeed$3.5M$7.0Mnetwork2 shared operators · same sector
Canada Lake Fish Corp.OtherPre-Seed$178K$4.1Msame sector · same stage
NCP Investor, Inc.OtherPre-Seed$177K$4.1Msame sector · same stage
C3 Alliance Corp.OtherPre-Seed$177K$4.1Msame sector · same stage
Aloa, Inc.OtherPre-Seed$177K$4.1Msame 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
Mel Fisher Expedition - 2018, LLCOtherPre-Seed$3.2M99%
Mel Fisher Expedition - 2022, LLCOtherPre-Seed$7.3M97%
Mel Fisher Expedition - 2017, LLCOtherPre-Seed$2.5M97%
Mel Fisher Expedition 2025 LLCOtherPre-Seed$509K94%
Skipper, LLCOtherPre-Seed$2.9M75%
Continental Expeditions IncOtherSeries B$135.6M75%
Expedition Topco LlcOtherSeries C$917.3M75%
Meloquest, Inc.OtherPre-Seed$8.4M74%
Frequently asked
How much funding has Mel Fisher Expedition - 2019, LLC raised?
Mel Fisher Expedition - 2019, LLC has raised approximately $178K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Mel Fisher Expedition - 2019, LLC's estimated valuation?
Provath's modeled valuation for Mel Fisher Expedition - 2019, LLC is approximately $4.1M (modeled range $118K–$46.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Mel Fisher Expedition - 2019, LLC at?
Mel Fisher Expedition - 2019, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Tue Jan 01.
What does Mel Fisher Expedition - 2019, LLC do and where is it based?
Mel Fisher Expedition - 2019, LLC operates in the Other sector, based in KEY WEST.
Explore related

See where Mel Fisher Expedition - 2019, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Mel Fisher Expedition - 2019, LLC, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.