Companies · Investment Vehicle

Open Door Capital Fund 9, LLC

ATLANTA · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on Open Door Capital Fund 9, LLC — recommendation, valuation, rhythm, risks.
$61.5M
Total raised · real
2
Rounds
0.0×
Latest step-up
Top 8%
Sector rank · raised
Series C
Latest stage · inferred · Fri May 12 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Open Door Capital Fund 9, LLC has raised $62M 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.

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

Issuer-vehicle patternmedium confidence

Open Door Capital Fund 9, 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
3.1 yr record
Peak capital year was 2023 with $61.5M across 2 filings.
Market position
ahead of 93% of Investment Vehicle peers
Capital scale is ahead of 93% of Investment Vehicle peers; modeled value is above 92% 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 2023: $61.5M across 2 filings.
  • Largest single filing was $60.0M on 2023-05-12.
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 Investment Vehicle

Open Door Capital Fund 9, LLC is one of 1793 Investment Vehicle companies tracked from ATLANTA. By capital raised it ranks among the largest (ahead of 93% 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
2023
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$250M$500M$750M$1.0BSeries C · 2023-05-12 Raised $60M (real) Modeled valuation $582M (est)$60M$582MSeries C2023Seed · 2023-05-12 Raised $1.5M (real) Modeled valuation $9.6M (est)$1.5M$9.6MSeed2023+$1.5MCumulative $62M

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 C$60.0M · 2023
Bridge · Series C-stage$1.5M · 2023smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-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: 40%.

Modeled valuation trajectory
$582.3M
Base estimate est.
$232.0M
Conservative case
$1.0B
Upside case
$400.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series C · modeled $582.3M · 2023-05-122023Seed · modeled $9.6M · 2023-05-122023
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
78%
Survival probability
58% low · 90% high
1.22×/yr
Annual markup
1.40×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
3.1 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. 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) 19× above median
This company$61.5M
Sector median$3.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$1.5M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 23× above median
This company$582.3M
Sector median$25.2M

Raised more than 93% of sector peers (real $). Modeled value above 92% 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 C$60.0M2023-05-12$400.0M$582.3M90%
Seed$1.5M2023-05-12$7.5M$9.6M90%
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. Series C$60.0M2023-05-12
    • First recorded raise — entered as Series C.
  2. Seed$1.5M2023-05-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 40.0× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
Intelligence
Modeled next raise
$1.5M
Modeled next size est.range $1.5M$2.4M
0.0×
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
Michael Williams26 other2023-05
Brian Murray10 other2023-05
Brandon Turner5 other2023-05
Walker Meadows5 other2023-05
Jae Park4 other2023-05
Micah Cabagbag4 other2023-05
Michelle Oppelt4 other2023-05
Ryan Murdock4 other2023-05
Sydney Barker4 other2023-05
David Decker1 other2023-05
Sydney Baker2023-05
Registry & provenance

Open Door Capital Fund 9, 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
1977423
SEC CIK
2023
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
Merkle Group IncOtherSeries C$139.0M$157.4Mnetwork1 shared operator · same stage
Sender, Inc.Other TechnologySeries C$146.5M$2.2Bnetwork1 shared operator · same stage
Fold, Inc.Other TechnologySeries B$58.3M$251.5Mnetwork1 shared operator
Spekit Inc.Other TechnologySeries B$54.7M$705.7Mnetwork1 shared operator
TWP Pecan Ridge, LLCOtherPre-Seed$587K$6.4Mnetwork2 shared operators
Verifiable Inc.Other TechnologySeries B$46.9M$306.1Mnetwork1 shared operator
Sunshine Silver Mining & Refining CorpOther EnergySeries B$37.0M$292.3Mnetwork1 shared operator
Oomba, Inc.Other TechnologySeries B$32.5M$761.4Mnetwork1 shared operator
Frequently asked
How much funding has Open Door Capital Fund 9, LLC raised?
Open Door Capital Fund 9, LLC has raised approximately $61.5M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Open Door Capital Fund 9, LLC's estimated valuation?
Provath's modeled valuation for Open Door Capital Fund 9, LLC is approximately $582.3M (modeled range $232.0M–$1.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Open Door Capital Fund 9, LLC at?
Open Door Capital Fund 9, LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Fri May 12.
What does Open Door Capital Fund 9, LLC do and where is it based?
Open Door Capital Fund 9, LLC operates in the Investment Vehicle sector, based in ATLANTA.
Explore related

See where Open Door Capital Fund 9, 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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