Diligence memo · auto-generated · as of July 3, 2026

New England Railroad, LLC

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

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

New England Railroad, LLC operates in Tourism and Travel Services, based in BRUNSWICK.

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

Capital & rounds (filed)filed

New England Railroad, LLC has raised $380M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $300M on —.

Valuation (modeled)modeled

Provath models New England Railroad, LLC at approximately $1.9B (range $1.5B–$2.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

No dated round to assess.

The last round was 3.8× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 100% of Tourism and Travel Services peers (172 compared).

Modeled value ranks above 100% of those peers.

Peoplefiled

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

Risks & flagsmixed

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