Diligence memo · auto-generated · as of July 3, 2026
Project Travel, LLC
Project Travel, LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Project Travel, LLC operates in Other Travel, based in BOULDER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Project Travel, LLC has raised $1.3M 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 2014-10-06.
Most recent recorded round closed around 2015-09-09.
Valuation (modeled)modeled
Provath models Project Travel, LLC at approximately $5.1M (range $341K–$58M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.92× the median modeled value of Pre-Seed Other Travel companies in 2013–2015 (10 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 10.8 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 38% of Other Travel peers (176 compared).
Modeled value ranks above 36% of those peers.
Closest niche peers: Status Jet, LLC, Happy Bookings Llc, Outski, Inc., Drivers International Corp., SIXT Austin, LLC.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.