Companies · Other

North Iron Mitten II LLCNew on the radar

NORWELL · Other

Diligence memoA one-page analyst read on North Iron Mitten II LLC — recommendation, valuation, rhythm, risks.
$750K
Total raised · real
1
Rounds
Latest step-up
Top 70%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Jan 15 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

North Iron Mitten II LLC looks over-valued against its niche peers and is active 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.

Over-valued
  • Modeled value is 1.77× the median modeled value of Pre-Seed Other companies in 2025–2027 (710 peers) — value vs value, same stage and era.
Active
  • Last raise 6 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

North Iron Mitten II 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
0.5 yr record
Peak capital year was 2026 with $750K across 1 filings.
Market position
ahead of 31% of Other peers
Capital scale is ahead of 31% of Other peers; modeled value is above 9% 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
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.
  • 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 2026: $750K across 1 filings.
  • Largest single filing was $750K on 2026-01-15.
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.
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

North Iron Mitten II LLC is one of 25015 Other companies tracked from NORWELL. By capital raised it ranks in the long tail (ahead of 31% 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
2025
Year incorporated
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$500K$1.0M$1.5M$2.0MPre-Seed · 2026-01-15 Raised $750K (real) Modeled valuation $1.5M (est)$750K$1.5MPre-Seed2026

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$750K · 2026

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

Modeled valuation trajectory
$1.5M
Base estimate est.
$500K
Conservative case
$3.2M
Upside case
$4.2M
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.

Not enough modeled valuation points to chart a trajectory.

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
0.5 yr
Elapsed time used
0.5 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.5 yr
On record since
2026
First round
New
First-time filer
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) 0.4× of median
This company$750K
Sector median$2.0M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 2.1× above median
This company$750K
Sector median$350K
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.5M
Sector median$17.7M

Raised more than 31% of sector peers (real $). Modeled value above 9% 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 #174 of 710.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Rocket Carwash, LLC · Pre-Seed Raised $1.0M · modeled $3.2M (est)Chapel Hill, LP · Pre-Seed Raised $1.0M · modeled $3.1M (est)Zab's Inc. · Pre-Seed Raised $1.0M · modeled $3.1M (est)Producer Mezcal LLC · Pre-Seed Raised $1.0M · modeled $3.1M (est)KBS ARC Investment LLC · Pre-Seed Raised $992K · modeled $3.0M (est)Unrefind Inc · Pre-Seed Raised $1.0M · modeled $3.0M (est)TKO Solutions, L.L.C. · Pre-Seed Raised $1.0M · modeled $3.0M (est)Savvy Trader, Inc. · Pre-Seed Raised $2.0M · modeled $3.0M (est)Playful Wombat Ltd Liability Co · Pre-Seed Raised $1.0M · modeled $3.0M (est)Sbbc, Llc · Pre-Seed Raised $1.3M · modeled $2.9M (est)Terracasa, Inc. · Pre-Seed Raised $1.0M · modeled $2.9M (est)SIGMAS Inc. · Pre-Seed Raised $1000K · modeled $2.9M (est)North Iron Mitten II LLC (this company) Raised $750K · modeled $1.5M (est)North Iron Mitten II LLC
CompanyStageRaised · realValue · estvs peer med.
Rocket Carwash, LLCPre-Seed$1.0M$3.2M3.68×
Chapel Hill, LPPre-Seed$1.0M$3.1M3.63×
Zab's Inc.Pre-Seed$1.0M$3.1M3.60×
Producer Mezcal LLCPre-Seed$1.0M$3.1M3.56×
KBS ARC Investment LLCPre-Seed$992K$3.0M3.50×
Unrefind IncPre-Seed$1.0M$3.0M3.48×
TKO Solutions, L.L.C.Pre-Seed$1.0M$3.0M3.45×
Savvy Trader, Inc.Pre-Seed$2.0M$3.0M3.44×
Playful Wombat Ltd Liability CoPre-Seed$1.0M$3.0M3.42×
Sbbc, LlcPre-Seed$1.3M$2.9M3.41×
Terracasa, Inc.Pre-Seed$1.0M$2.9M3.39×
SIGMAS Inc.Pre-Seed$1000K$2.9M3.39×
North Iron Mitten II LLC this companyPre-Seed$750K$1.5M1.77×
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$750K2026-01-15$4.2M$1.5M90%
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$750K2026-01-15
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$1.2M
Modeled next size est.range $780K$1.9M
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
Shaun Stimpson1 other2026-01
Registry & provenance

North Iron Mitten II 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
2105302
SEC CIK
2025
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
Blue Ridge RV Park, LLCOtherPre-Seed$750K$1.5Msame sector · same stage
PickleRage LLCOtherPre-Seed$750K$1.6Msame sector · same stage
Rockfront Capital LLCOtherPre-Seed$751K$1.7Msame sector · same stage
Highland Myco LLCOtherPre-Seed$738K$1.7Msame sector · same stage
Kirkland Lake Discoveries Corp.OtherPre-Seed$731K$1.7Msame sector · same stage
Ash & Elm Cider Company, LLCOtherPre-Seed$730K$1.4Msame sector · same stage
Blue Kite Ventures IMGS-A LPOtherPre-Seed$778K$1.5Msame sector · same stage
KingdomHaus San Jose, LLCOtherPre-Seed$780K$1.7Msame 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
Iron Crest, LLCOtherSeries A$37.6M77%
Black Iron Inc.OtherSeed$37.9M77%
MagIron LLCOtherSeries A$42.1M76%
IronTech Resources, LLCOther TechnologyPre-Seed$824K76%
Ironhack Group, Inc.OtherSeries A$131.9M76%
Nieux Company, LLCOtherPre-Seed$693K75%
North Iron Mason Dynamics LLCManufacturingPre-Seed$8.5M75%
MITO Material Solutions, Inc.OtherSeries A$13.1M75%
Frequently asked
How much funding has North Iron Mitten II LLC raised?
North Iron Mitten II LLC has raised approximately $750K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is North Iron Mitten II LLC's estimated valuation?
Provath's modeled valuation for North Iron Mitten II LLC is approximately $1.5M (modeled range $500K–$3.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is North Iron Mitten II LLC at?
North Iron Mitten II LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Jan 15.
What does North Iron Mitten II LLC do and where is it based?
North Iron Mitten II LLC operates in the Other sector, based in NORWELL.
Explore related

See where North Iron Mitten II 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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