Companies · Food & Beverage

New York Distilling Company, LLC

BROOKLYN · Food & Beverage · refined from filed group “Other

Diligence memoA one-page analyst read on New York Distilling Company, LLC — recommendation, valuation, rhythm, risks.
$3.8M
Total raised · real
7
Rounds
0.1×
Latest step-up
Top 20%
Sector rank · raised
Seed
Latest stage · inferred · Mon Sep 23 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

New York Distilling Company, LLC looks under-valued against its niche peers and is quiet 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 0.05× the median modeled value of Seed Food & Beverage companies in 2022–2024 (25 peers) — value vs value, same stage and era.
Quiet
  • Last raise 21 mo ago; this sector typically re-raises about every 15 months.
  • Slightly overdue versus sector cadence.

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 York Distilling Company, 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
17.0 yr record
Peak capital year was 2024 with $1.2M across 2 filings.
Market position
ahead of 81% of Food & Beverage peers
Capital scale is ahead of 81% of Food & Beverage peers; modeled value is above 35% 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 2024: $1.2M across 2 filings.
  • Largest single filing was $1.1M on 2009-07-06.
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 Food & Beverage

New York Distilling Company, LLC is one of 567 Food & Beverage companies tracked from BROOKLYN. By capital raised it ranks in the upper tier (ahead of 81% 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
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-09-23
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$13M$25M$38M$50MSeed · 2009-07-06 Raised $1.1M (real) Modeled valuation $21M (est)Seed2009Seed · 2015-04-10 Raised $100K (real) Modeled valuation $1.9M (est)Seed2015Seed · 2016-05-06 Raised $600K (real) Modeled valuation $11M (est)Seed2016Seed · 2018-03-28 Raised $300K (real) Modeled valuation $5.6M (est)Seed2018Seed · 2019-11-20 Raised $400K (real) Modeled valuation $7.4M (est)Seed2019Seed · 2024-01-01 Raised $1.1M (real) Modeled valuation $5.6M (est)Seed2024Seed · 2024-09-23 Raised $100K (real) Modeled valuation $386K (est)Seed2024+$100K+$600K+$300K+$400K+$1.1M+$100KCumulative $3.8M

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
Seed$1.1M · 2009
Seed extension$100K · 2015
Seed extension$600K · 2016
Seed extension$300K · 2018
Seed extension$400K · 2019
Seed extension$1.1M · 2024
Seed extension$100K · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$386K
Base estimate est.
$90K
Conservative case
$966K
Upside case
$500K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Seed · modeled $21.4M · 2009-07-062009Seed · modeled $1.9M · 2015-04-10Seed · modeled $11.2M · 2016-05-06Seed · modeled $5.6M · 2018-03-28Seed · modeled $7.4M · 2019-11-20Seed · modeled $5.6M · 2024-01-01Seed · modeled $386K · 2024-09-232024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
1.8 yr
Elapsed time used
1.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
30 mo
Avg between rounds
$246K/yr
Capital velocity
17.0 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. 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) 3.1× above median
This company$3.8M
Sector median$1.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$100K
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$386K
Sector median$10.6M

Raised more than 81% of sector peers (real $). Modeled value above 35% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #25 of 25.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Lucky Beverage Co. · Seed Raised $4.0M · modeled $21.2M (est)Day One Beverages, Inc. · Seed Raised $2.1M · modeled $17.6M (est)Pike Brewing Co · Seed Raised $1.8M · modeled $16.4M (est)Belle Meade Spirits, LLC · Seed Raised $3.7M · modeled $13.7M (est)Cafeteria Inc. · Seed Raised $3.0M · modeled $12.7M (est)Confluence Spirits, Inc. · Seed Raised $2.0M · modeled $12.2M (est)Stilly Spirits Llc · Seed Raised $1.7M · modeled $11.4M (est)BCG Spirits Holdings, LLC · Seed Raised $1.8M · modeled $10.8M (est)St. Elmo Brewery Llc · Seed Raised $1.1M · modeled $10.6M (est)Holla Spirits, LLC · Seed Raised $4.1M · modeled $10.5M (est)Renais Spirits Ltd · Seed Raised $2.4M · modeled $10.3M (est)Stacked Spirits, Inc. · Seed Raised $1.5M · modeled $8.6M (est)New York Distilling Company, LLC (this company) Raised $3.8M · modeled $386K (est)New York Distilling Company, LLC
CompanyStageRaised · realValue · estvs peer med.
Lucky Beverage Co.Seed$4.0M$21.2M2.69×
Day One Beverages, Inc.Seed$2.1M$17.6M2.23×
Pike Brewing CoSeed$1.8M$16.4M2.08×
Belle Meade Spirits, LLCSeed$3.7M$13.7M1.74×
Cafeteria Inc.Seed$3.0M$12.7M1.62×
Confluence Spirits, Inc.Seed$2.0M$12.2M1.55×
Stilly Spirits LlcSeed$1.7M$11.4M1.45×
BCG Spirits Holdings, LLCSeed$1.8M$10.8M1.37×
St. Elmo Brewery LlcSeed$1.1M$10.6M1.35×
Holla Spirits, LLCSeed$4.1M$10.5M1.33×
Renais Spirits LtdSeed$2.4M$10.3M1.30×
Stacked Spirits, Inc.Seed$1.5M$8.6M1.09×
New York Distilling Company, LLC this companySeed$3.8M$386K0.05×
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.
Seed$1.1M2009-07-06$5.8M$21.4M85%
Seed$100K2015-04-10$500K$1.9M85%
Seed$600K2016-05-06$3.0M$11.2M85%
Seed$300K2018-03-28$1.5M$5.6M90%
Seed$400K2019-11-20$2.0M$7.4M90%
Seed$1.1M2024-01-01$5.5M$5.6M90%
Seed$100K2024-09-23$500K$386K90%
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. Seed$1.1M2009-07-06
    • First recorded raise — entered as Seed.
    • 28 investors on this round.
  2. Seed$100K2015-04-10
    • Raised again after 69 mo — slower than the ~15 mo sector norm.
    • Round 11.5× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 2 investors on this round.
  3. Seed$600K2016-05-06
    • Raised 13 mo later, in step with the ~15 mo sector norm.
    • Round 6.0× larger than the prior — scaling up.
    • 10 investors on this round.
  4. Seed$300K2018-03-28
    • Raised again after 23 mo — slower than the ~15 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  5. Seed$400K2019-11-20
    • Raised 20 mo later, in step with the ~15 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 6 investors on this round.
  6. Seed$1.1M2024-01-01
    • Raised again after 49 mo — slower than the ~15 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 8 investors on this round.
  7. Seed$100K2024-09-23
    • Came back fast: 9 mo vs the ~15 mo sector norm.
    • Round 11.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2027 ~Q2
Modeled next raise · ~30mo cadence
$100K
Modeled next size est.range $100K$160K
0.1×
Last step-up
$246K/yr
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
Allen G Katz2024-01
Daniel D Gasper2024-01
Thomas D Potter2009-07
Registry & provenance

New York Distilling Company, 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
1468159
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
Vale Fox Distillery LLCFood & BeverageSeed$3.8M$10.0Msame sector · same stage
Highclere Castle Spirits Investments LLCFood & BeverageSeed$3.8M$10.8Msame sector · same stage
Walker Brothers Beverage Co.Food & BeverageSeed$4.0M$899Ksame sector · same stage
Pocket Cafe, Inc.Food & BeverageSeed$3.5M$9.0Msame sector · same stage
NOCA Beverages Inc.Food & BeverageSeed$4.0M$3.9Msame sector · same stage
Holla Spirits, LLCFood & BeverageSeed$4.1M$10.5Msame sector · same stage
Pura Vida Spirits Company, LLCFood & BeverageSeed$4.3M$5.6Msame sector · same stage
Gagnon-Kennedy Vineyards, LLCFood & BeverageSeed$3.2M$857Ksame 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
Block Distilling Company, LlcFood & BeverageSeed$24.1M90%
Woodworks Distilling Company, LlcFood & BeveragePre-Seed$6.8M89%
Brooklyn Ace Distillers LLCFood & BeverageSeed$21.5M88%
Hamilton Distillers Group, Inc.Food & BeverageSeries A$1.4M88%
Oak & Grist Distilling Co LLCFood & BeveragePre-Seed$4.2M88%
Heritage Distilling Company, Inc.Food & BeveragePre-Seed$8.9M88%
Heritage Distilling Holding Company, Inc.Food & BeverageSeries D+$1.8B87%
Motherwell Distilling Co, LLCFood & BeveragePre-Seed$1.5M87%
Frequently asked
How much funding has New York Distilling Company, LLC raised?
New York Distilling Company, LLC has raised approximately $3.8M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is New York Distilling Company, LLC's estimated valuation?
Provath's modeled valuation for New York Distilling Company, LLC is approximately $386K (modeled range $90K–$966K). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is New York Distilling Company, LLC at?
New York Distilling Company, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Sep 23.
What does New York Distilling Company, LLC do and where is it based?
New York Distilling Company, LLC operates in the Food & Beverage sector, based in BROOKLYN.
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