Companies · Restaurants

Pelican Brewing Co

PACIFIC CITY · Restaurants

Diligence memoA one-page analyst read on Pelican Brewing Co — recommendation, valuation, rhythm, risks.
$2.6M
Total raised · real
1
Rounds
Latest step-up
Top 25%
Sector rank · raised
Seed
Latest stage · inferred · Thu Dec 21 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Pelican Brewing Co looks fair against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the restaurants sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.28× the median modeled value of Seed Restaurants companies in 2022–2024 (115 peers) — value vs value, same stage and era.
  • Within the normal band (128% of peer median) for its niche.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Restaurants

Pelican Brewing Co is one of 2292 Restaurants companies tracked from PACIFIC CITY. By capital raised it ranks in the upper tier (ahead of 76% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

food-beverage

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
11
Investors (latest)
2023-12-21
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$2.5M$5.0M$7.5M$10MSeed · 2023-12-21 Raised $2.6M (real) Modeled valuation $6.0M (est)$2.6M$6.0MSeed2023

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$2.6M · 2023

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
$6.0M
Base estimate est.
$2.0M
Conservative case
$18.3M
Upside case
$13.0M
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 scaled by the restaurants sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
34%
Survival probability
15% low · 52% high
1.13×/yr
Annual markup
1.48×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.5 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 2.9× above median
This company$2.6M
Sector median$900K
Latest round — vs other Seed rounds in sector (real $, this stage) 1.4× above median
This company$2.6M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 2.3× above median
This company$6.0M
Sector median$2.6M

Raised more than 76% of sector peers (real $). Modeled value above 74% 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 #38 of 115.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Fourth St Corner Qozb Llc · Seed Raised $4.0M · modeled $11.5M (est)Please FiDi, LLC · Seed Raised $3.8M · modeled $10.6M (est)Gravity Heights Mission Valley, LP · Seed Raised $3.8M · modeled $10.6M (est)Boba Guys Inc. · Seed Raised $5.0M · modeled $10.6M (est)Spiritless, Inc. · Seed Raised $4.0M · modeled $10.4M (est)Ddavh Llc · Seed Raised $3.5M · modeled $9.9M (est)Gh 7B Holdco Llc · Seed Raised $4.0M · modeled $9.7M (est)Two Hands Ventures LLC · Seed Raised $4.0M · modeled $9.6M (est)Because Coffee Ten, LLC · Seed Raised $3.9M · modeled $9.4M (est)CenPer Holdings LLC · Seed Raised $3.2M · modeled $9.2M (est)Artistry Restaurants Chapman, LLC · Seed Raised $3.3M · modeled $9.2M (est)Amergent Hospitality Group Inc. · Seed Raised $3.0M · modeled $8.6M (est)Pelican Brewing Co (this company) Raised $2.6M · modeled $6.0M (est)Pelican Brewing Co
CompanyStageRaised · realValue · estvs peer med.
Fourth St Corner Qozb LlcSeed$4.0M$11.5M2.45×
Please FiDi, LLCSeed$3.8M$10.6M2.26×
Gravity Heights Mission Valley, LPSeed$3.8M$10.6M2.26×
Boba Guys Inc.Seed$5.0M$10.6M2.26×
Spiritless, Inc.Seed$4.0M$10.4M2.22×
Ddavh LlcSeed$3.5M$9.9M2.12×
Gh 7B Holdco LlcSeed$4.0M$9.7M2.06×
Two Hands Ventures LLCSeed$4.0M$9.6M2.06×
Because Coffee Ten, LLCSeed$3.9M$9.4M2.00×
CenPer Holdings LLCSeed$3.2M$9.2M1.97×
Artistry Restaurants Chapman, LLCSeed$3.3M$9.2M1.97×
Amergent Hospitality Group Inc.Seed$3.0M$8.6M1.84×
Pelican Brewing Co this companySeed$2.6M$6.0M1.28×
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$2.6M2023-12-21$13.0M$6.0M90%
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$2.6M2023-12-21
    • First recorded raise — entered as Seed.
    • 11 investors on this round.
Intelligence
Modeled next raise
$4.2M
Modeled next size est.range $2.7M$6.7M
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
Jeff Schons1 other2023-12
Mary Jones1 other2023-12
Registry & provenance

Pelican Brewing Co 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
1995728
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
PC Lodging, LLCLodging and ConventionsSeed$3.5M$20.4Mnetwork2 shared operators · same stage
Los Caminos Fm Property LtdRestaurantsSeed$2.6M$6.1Msame sector · same stage
Tava Indian Kitchen, LLCRestaurantsSeed$2.6M$7.5Msame sector · same stage
Bottleneck Oakbrook, LLCRestaurantsSeed$2.6M$4.4Msame sector · same stage
Elaine's One, LLCRestaurantsSeed$2.6M$6.9Msame sector · same stage
Diversified Franchise Group, Inc.RestaurantsSeed$2.6M$7.0Msame sector · same stage
CLT Pickleball LLCRestaurantsSeed$2.7M$6.3Msame sector · same stage
10 Point Capital Mini 2, LLCRestaurantsSeed$2.5M$5.0Msame 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
Biscayne Bay Brewing Company, LLCRestaurantsPre-Seed$4.4M85%
Fenders Brewing, LLCRestaurantsPre-Seed$636K84%
Hydraulic Ale Works, LLCRestaurantsPre-Seed$1.3M84%
Lima Brewing Co LLCRestaurantsSeed$10.0M84%
Gorges Brewing LLCRestaurantsSeed$8.4M84%
San Francisco Brewing Co. LlcRestaurantsPre-Seed$656K84%
734 Brewing Company, Inc.RestaurantsPre-Seed$1.3M83%
Half Lion Brewing Company, LLCRestaurantsPre-Seed$2.0M83%
Frequently asked
How much funding has Pelican Brewing Co raised?
Pelican Brewing Co has raised approximately $2.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Pelican Brewing Co's estimated valuation?
Provath's modeled valuation for Pelican Brewing Co is approximately $6.0M (modeled range $2.0M–$18.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Pelican Brewing Co at?
Pelican Brewing Co's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Dec 21.
What does Pelican Brewing Co do and where is it based?
Pelican Brewing Co operates in the Restaurants sector, based in PACIFIC CITY.
Explore related

See where Pelican Brewing Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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