Diligence memo · auto-generated · as of July 2, 2026
Ocotillo & Schnepf First Mortgage LLC
Ocotillo & Schnepf First Mortgage LLC looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Ocotillo & Schnepf First Mortgage LLC operates in Proptech / Real Estate, based in PHOENIX.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ocotillo & Schnepf First Mortgage LLC has raised $1.0M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $1.0M on 2023-09-22.
Most recent recorded round closed around 2023-09-22.
Valuation (modeled)modeled
Provath models Ocotillo & Schnepf First Mortgage LLC at approximately $4.3M (range $640K–$18M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.56× the median modeled value of Pre-Seed Proptech / Real Estate companies in 2022–2024 (27 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Last raise 2.8 yr ago; this sector typically re-raises about every 14 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 62% of Proptech / Real Estate peers (395 compared).
Modeled value ranks above 57% of those peers.
Closest niche peers: Shared Housing Solutions, LLC, Real Estate Stratford LLC, PSF Self Storage II LLC, iGuard Home Solutions Inc., LML Estate Management, LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.