Diligence memo · auto-generated · as of July 2, 2026
Plate, Inc.
Plate, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Plate, Inc. operates in Restaurants, based in Daly City.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Plate, Inc. has raised $1.1M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $700K on —.
Most recent recorded round closed around 2014-07-09.
Valuation (modeled)modeled
Provath models Plate, Inc. at approximately $1.6M (range $207K–$18M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.10× the median modeled value of Pre-Seed Restaurants companies in 2013–2015 (239 peers) — value vs value, same stage and era. Within the normal band (110% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 534 months.
Last raise 12.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 56% of Restaurants peers (2292 compared).
Modeled value ranks above 37% of those peers.
Closest niche peers: East Side R&B Investment LP, Kikura & Co, KitBar Enterprises, LLC, Shag Minneapolis, Llc, t-lish IV, LLC.
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.