Diligence memo · auto-generated · as of July 2, 2026

Project Belle LLC

Project Belle LLC looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

Project Belle LLC operates in Other Health Care, based in HAMPTON FALLS.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Project Belle LLC has raised $13M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $10M on 2025-01-08.

Most recent recorded round closed around 2026-03-19.

Valuation (modeled)modeled

Provath models Project Belle LLC at approximately $7.4M (range $3.6M–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.45× the median modeled value of Series A Other Health Care companies in 2025–2027 (83 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 14 months.

Last raise 3 mo ago; this sector typically re-raises about every 14 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 3.5× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 79% of Other Health Care peers (5377 compared).

Modeled value ranks above 28% of those peers.

Closest niche peers: HelloJoy, Inc., Maui Imaging, Inc., Celltrio, Inc., Medmo, Inc., Vertical Orthopaedics, Inc..

Peoplefiled

1 named person on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.