Companies · Restaurants

Project Grub LLC

PHILADELPHIA · Restaurants

Diligence memoA one-page analyst read on Project Grub LLC — recommendation, valuation, rhythm, risks.
$821K
Total raised · real
2
Rounds
0.4×
Latest step-up
Top 53%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Jun 30 2014 00:00:00 GMT+0000 (Coordinated Universal Time)

Project Grub LLC looks over-valued against its niche peers and is dormant 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.

Over-valued
  • Modeled value is 1.72× the median modeled value of Pre-Seed Restaurants companies in 2013–2015 (239 peers) — value vs value, same stage and era.
Dormant
  • Last raise 12.0 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.

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

Issuer-vehicle patternmedium confidence

Project Grub 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
12.0 yr record
Peak capital year was 2014 with $821K across 2 filings.
Market position
ahead of 48% of Restaurants peers
Capital scale is ahead of 48% of Restaurants peers; modeled value is above 49% 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 2014: $821K across 2 filings.
  • Largest single filing was $576K on 2014-06-30.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

Project Grub LLC is one of 2292 Restaurants companies tracked from PHILADELPHIA. By capital raised it ranks mid-pack (ahead of 48% of sector peers), and mid-pack 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
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$1.3M$2.5M$3.8M$5.0MPre-Seed · 2014-06-30 Raised $576K (real) Modeled valuation $2.5M (est)$576K$2.5MPre-Seed2014Pre-Seed · 2014-06-30 Raised $245K (real) Modeled valuation $1.1M (est)$245K$1.1MPre-Seed2014+$245KCumulative $821K

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
Pre-Seed$576K · 2014
Pre-Seed extension$245K · 2014

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$2.5M
Base estimate est.
$323K
Conservative case
$28.6M
Upside case
$3.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $2.5M · 2014-06-302014Pre-Seed · modeled $1.1M · 2014-06-302014
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
25%
Survival probability
10% low · 46% high
1.21×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
12.0 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
12.0 yr
On record since
2014
First round
2
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) 0.9× of median
This company$821K
Sector median$900K
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.7× of median
This company$245K
Sector median$360K
Modeled value — vs sector median (estimate, all stages) 1.0× of median
This company$2.5M
Sector median$2.6M

Raised more than 48% of sector peers (real $). Modeled value above 49% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #55 of 239.

This companyCohort peer
$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)East Side R&B Investment LP · Pre-Seed Raised $1.0M · modeled $4.4M (est)Kikura & Co · Pre-Seed Raised $1.0M · modeled $4.4M (est)KitBar Enterprises, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Shag Minneapolis, Llc · Pre-Seed Raised $1.0M · modeled $4.4M (est)t-lish IV, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)t-lish V, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)American Opportunity Franchise Fund I, Limited Partnership · Pre-Seed Raised $1.0M · modeled $4.4M (est)Golden Road Food Services, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Major Entertainment, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Cornbread Ventures, LP · Pre-Seed Raised $1.0M · modeled $4.4M (est)Grillmarx CB LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)CAP Restaurant Development LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Project Grub LLC (this company) Raised $821K · modeled $2.5M (est)Project Grub LLC
CompanyStageRaised · realValue · estvs peer med.
East Side R&B Investment LPPre-Seed$1.0M$4.4M2.98×
Kikura & CoPre-Seed$1.0M$4.4M2.98×
KitBar Enterprises, LLCPre-Seed$1.0M$4.4M2.98×
Shag Minneapolis, LlcPre-Seed$1.0M$4.4M2.98×
t-lish IV, LLCPre-Seed$1.0M$4.4M2.98×
t-lish V, LLCPre-Seed$1.0M$4.4M2.98×
American Opportunity Franchise Fund I, Limited PartnershipPre-Seed$1.0M$4.4M2.98×
Golden Road Food Services, LLCPre-Seed$1.0M$4.4M2.98×
Major Entertainment, LLCPre-Seed$1.0M$4.4M2.98×
Cornbread Ventures, LPPre-Seed$1.0M$4.4M2.98×
Grillmarx CB LLCPre-Seed$1.0M$4.4M2.98×
CAP Restaurant Development LLCPre-Seed$1.0M$4.4M2.98×
Project Grub LLC this companyPre-Seed$821K$2.5M1.72×
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.
Pre-Seed$576K2014-06-30$3.2M$2.5M90%
Pre-Seed$245K2014-06-30$1.4M$1.1M90%
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. Pre-Seed$576K2014-06-30
    • First recorded raise — entered as Pre-Seed.
  2. Pre-Seed$245K2014-06-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.4× smaller than the prior — bridge or down round.
Intelligence
Modeled next raise
$245K
Modeled next size est.range $245K$392K
0.4×
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
Amir Fardshisheh2014-06
Kalefe Wright2014-06
Kriti Sehgal2014-06
Registry & provenance

Project Grub 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
1613797
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
Utah Botellas Group, LLCRestaurantsPre-Seed$825K$2.6Msame sector · same stage
Pizza Unlimited International Inc.RestaurantsPre-Seed$830K$2.7Msame sector · same stage
Jojo'S Shakebar LlcRestaurantsPre-Seed$800K$2.6Msame sector · same stage
Raptor Harlow Holdings LLCRestaurantsPre-Seed$800K$2.2Msame sector · same stage
Snider Hilltop Opco LlcRestaurantsPre-Seed$800K$2.5Msame sector · same stage
Leroy & Lewis - Truck LLCRestaurantsPre-Seed$845K$2.2Msame sector · same stage
Real Urban Barbeque Oak., LLCRestaurantsPre-Seed$788K$1.8Msame sector · same stage
Music Lane Vinyl, LlcRestaurantsPre-Seed$865K$2.6Msame sector · same stage
Frequently asked
How much funding has Project Grub LLC raised?
Project Grub LLC has raised approximately $821K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Project Grub LLC's estimated valuation?
Provath's modeled valuation for Project Grub LLC is approximately $2.5M (modeled range $323K–$28.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Project Grub LLC at?
Project Grub LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Jun 30.
What does Project Grub LLC do and where is it based?
Project Grub LLC operates in the Restaurants sector, based in PHILADELPHIA.
Explore related

See where Project Grub 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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