Companies · Tourism and Travel Services

New England Railroad, LLC

BRUNSWICK · Tourism and Travel Services

Diligence memoA one-page analyst read on New England Railroad, LLC — recommendation, valuation, rhythm, risks.
$380.0M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 1%
Sector rank · raised
Series D+
Latest stage · inferred

New England Railroad, LLC has raised $380M over 2 rounds; too few niche peers to rank its valuation yet.

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

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

Active
  • No dated round to assess.

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

Issuer-vehicle patternmedium confidence

New England Railroad, 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
56.5 yr record
Peak capital year was Undated with $380.0M across 2 filings.
Market position
ahead of 100% of Tourism and Travel Services peers
Capital scale is ahead of 100% of Tourism and Travel Services peers; modeled value is above 100% 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 Undated: $380.0M across 2 filings.
  • Largest single filing was $300.0M on .
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.
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 Tourism and Travel Services

New England Railroad, LLC is one of 172 Tourism and Travel Services companies tracked from BRUNSWICK. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest 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
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$500M$1.0B$1.5B$2.0BSeries D+ · Raised $300M (real) Modeled valuation $1.9B (est)$300M$1.9BSeries D+Series C · Raised $80M (real) Modeled valuation $370M (est)$80M$370MSeries C+$80MCumulative $380M

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
Series D+$300.0M
Bridge · Series D+-stage$80.0Msmaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$1.9B
Base estimate est.
$1.5B
Conservative case
$2.1B
Upside case
$2.5B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the travel sector profile. Directional, not a quoted figure.

Series D+ · modeled $1.9B · Series C · modeled $370.2M ·
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
61% low · 84% high
1.01×/yr
Annual markup
1.13×/yr upside case
0.0 yr
Elapsed time used
0.0 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
56.5 yr
On record since
1970
First round
2
Rounds on file
How it compares to the market

Benchmarked against 172 companies in Tourism and Travel 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) 289× above median
This company$380.0M
Sector median$1.3M
Modeled value — vs sector median (estimate, all stages) 346× above median
This company$1.9B
Sector median$5.5M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

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.
Series D+$300.0M$2.5B$1.9B90%
Series C$80.0M$533.3M$370.2M90%
Intelligence
Modeled next raise
$80.0M
Modeled next size est.range $80.0M$128.0M
0.3×
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
Donald Adams1 other
Registry & provenance

New England Railroad, 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
1465922
SEC CIK
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
Timeless Luxury Group AGTourism and Travel ServicesSeries C$100.0M$661.7Msame sector
Mondee Holdings, Inc.Tourism and Travel ServicesSeries C$85.0M$492.1Msame sector
Yatra Online, Inc.Tourism and Travel ServicesSeries C$76.1M$110.0Msame sector
Inspirato LLCTourism and Travel ServicesSeries B$74.5M$129.8Msame sector
HotelEngine, Inc.Tourism and Travel ServicesSeries C$68.8M$396.5Msame sector
Sugar Bowl CorpTourism and Travel ServicesSeries C$63.0M$305.0Msame sector
Emerging Travel Inc.Tourism and Travel ServicesSeries B$52.0M$48.1Msame sector
Room 77, Inc.Tourism and Travel ServicesSeries B$43.6M$194.3Msame sector
Frequently asked
How much funding has New England Railroad, LLC raised?
New England Railroad, LLC has raised approximately $380.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is New England Railroad, LLC's estimated valuation?
Provath's modeled valuation for New England Railroad, LLC is approximately $1.9B (modeled range $1.5B–$2.1B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is New England Railroad, LLC at?
New England Railroad, LLC's latest modeled financing stage is Series D+.
What does New England Railroad, LLC do and where is it based?
New England Railroad, LLC operates in the Tourism and Travel Services sector, based in BRUNSWICK.
Explore related

See where New England Railroad, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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