Companies · Investment Vehicle

Prestige Fund B BTM I, LLC

LANCASTER · Investment Vehicle · refined from filed group “Other

Diligence memoA one-page analyst read on Prestige Fund B BTM I, LLC — recommendation, valuation, rhythm, risks.
$3.6M
Total raised · real
2
Rounds
1.7×
Latest step-up
Top 49%
Sector rank · raised
Seed
Latest stage · inferred · Thu Mar 28 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Prestige Fund B BTM I, LLC has raised $3.6M 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

Prestige Fund B BTM I, 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
3.9 yr record
Peak capital year was 2024 with $2.3M across 1 filings.
Market position
ahead of 52% of Investment Vehicle peers
Capital scale is ahead of 52% of Investment Vehicle peers; modeled value is above 29% 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 2024: $2.3M across 1 filings.
  • Largest single filing was $2.3M on 2024-03-28.
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

Prestige Fund B BTM I, LLC is one of 1793 Investment Vehicle companies tracked from LANCASTER. By capital raised it ranks mid-pack (ahead of 52% 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
4
Investors (latest)
2022
Year incorporated
2024-03-28
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$5.0M$10M$15M$20MSeed · 2022-08-17 Raised $1.3M (real) Modeled valuation $11M (est)$1.3M$11MSeed2022Seed · 2024-03-28 Raised $2.3M (real) Modeled valuation $11M (est)$2.3M$11MSeed2024+$2.3MCumulative $3.6M

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$1.3M · 2022
Seed extension$2.3M · 2024

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
$10.6M
Base estimate est.
$2.1M
Conservative case
$30.2M
Upside case
$11.4M
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. Directional, not a quoted figure.

Seed · modeled $11.1M · 2022-08-172022Seed · modeled $10.6M · 2024-03-282024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$2.2M/yr
Capital velocity
3.9 yr
On record since
2022
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) 1.1× above median
This company$3.6M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.1× above median
This company$2.3M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$10.6M
Sector median$25.2M

Raised more than 52% of sector peers (real $). Modeled value above 29% 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.
Seed$1.3M2022-08-17$6.6M$11.1M90%
Seed$2.3M2024-03-28$11.4M$10.6M90%
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. Seed$1.3M2022-08-17
    • First recorded raise — entered as Seed.
    • 4 investors on this round.
  2. Seed$2.3M2024-03-28
    • Raised 19 mo later.
    • Round 1.7× larger than the prior — scaling up.
    • 4 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~19mo cadence
$3.9M
Modeled next size est.range $2.6M$6.3M
1.7×
Last step-up
$2.2M/yr
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
William Powers22 other2022-08
Daryl Heller21 other2022-08
Jerry Hostetter20 other2022-08
Matthew Eby13 other2024-03
Registry & provenance

Prestige Fund B BTM I, 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
1932930
SEC CIK
2022
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
WF Velocity I, LLCOtherSeed$3.1M$52.1Mnetwork3 shared operators · same stage
Cambridge Mobile Telematics, Inc.Other TechnologySeed$2.5M$85.2Mnetwork1 shared operator · same stage
DB Delivery, Inc.OtherPre-Seed$1.1M$2.3Mnetwork1 shared operator
Capacitech Energy Inc.Energy / ClimatePre-Seed$448K$8.5Mnetwork1 shared operator
First Street Technology, Inc.Software / TechSeries B$55.5M$161.1Mnetwork1 shared operator
Sequential Brands Group, Inc.OtherSeries C$80.9M$754.4Mnetwork1 shared operator
Centric Brands Inc.ManufacturingSeries D+$103.5M$1.2Bnetwork1 shared operator
Frequently asked
How much funding has Prestige Fund B BTM I, LLC raised?
Prestige Fund B BTM I, LLC has raised approximately $3.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Prestige Fund B BTM I, LLC's estimated valuation?
Provath's modeled valuation for Prestige Fund B BTM I, LLC is approximately $10.6M (modeled range $2.1M–$30.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Prestige Fund B BTM I, LLC at?
Prestige Fund B BTM I, LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu Mar 28.
What does Prestige Fund B BTM I, LLC do and where is it based?
Prestige Fund B BTM I, LLC operates in the Investment Vehicle sector, based in LANCASTER.
Explore related

See where Prestige Fund B BTM I, 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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