Companies · Proptech / Real Estate

Property Meld I, Llc

RAPID CITY · Proptech / Real Estate · refined from filed group “Other

Diligence memoA one-page analyst read on Property Meld I, Llc — recommendation, valuation, rhythm, risks.
$24.1M
Total raised · real
5
Rounds
0.1×
Latest step-up
Top 8%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jul 01 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Property Meld I, Llc looks under-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the proptech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.28× the median modeled value of Series A Proptech / Real Estate companies in 2025–2027 (10 peers) — value vs value, same stage and era.
Active
  • Last raise 12 mo ago; this sector typically re-raises about every 14 months.
  • Raising on or ahead of the sector's normal rhythm.

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

Issuer-vehicle patternmedium confidence

Property Meld 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
7.1 yr record
Peak capital year was 2022 with $18.7M across 2 filings.
Market position
ahead of 93% of Proptech / Real Estate peers
Capital scale is ahead of 93% of Proptech / Real Estate peers; modeled value is above 59% 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 2022: $18.7M across 2 filings.
  • Largest single filing was $15.0M on 2022-12-27.
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 Proptech / Real Estate

Property Meld I, Llc is one of 395 Proptech / Real Estate companies tracked from RAPID CITY. By capital raised it ranks among the largest (ahead of 93% 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
Rule 506(b)
Reg D exemption
3
Investors (latest)
2022
Year incorporated
2025-07-01
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$25M$50M$75M$100MSeed · 2019-05-24 Raised $1.7M (real) Modeled valuation $18M (est)$1.7M$18MSeed2019Seed · 2020-07-01 Raised $2.0M (real) Modeled valuation $22M (est)$2.0M$22MSeed2020Seed · 2022-05-25 Raised $3.7M (real) Modeled valuation $23M (est)$3.7M$23MSeed2022Series A · 2022-12-27 Raised $15M (real) Modeled valuation $77M (est)$15M$77MSeries A2022Series A · 2025-07-01 Raised $1.6M (real) Modeled valuation $4.9M (est)$1.6M$4.9MSeries A2025+$2.0M+$3.7M+$15M+$1.6MCumulative $24M

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$1.7M · 2019
Seed extension$2.0M · 2020
Seed extension$3.7M · 2022
Series A$15.0M · 2022
Series A extension$1.6M · 2025

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: 67%.

Modeled valuation trajectory
$4.9M
Base estimate est.
$2.2M
Conservative case
$8.5M
Upside case
$7.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the proptech sector profile. Directional, not a quoted figure.

Seed · modeled $18.4M · 2019-05-242019Seed · modeled $21.6M · 2020-07-01Seed · modeled $23.2M · 2022-05-25Series A · modeled $77.1M · 2022-12-27Series A · modeled $4.9M · 2025-07-012025
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 72% high
1.24×/yr
Annual markup
1.56×/yr upside case
1.0 yr
Elapsed time used
1.0 yr actual, capped for stale marks
proptech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$3.9M/yr
Capital velocity
7.1 yr
On record since
2019
First round
5
Rounds on file
How it compares to the market

Benchmarked against 395 companies in Proptech / Real Estate. 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) 8.6× above median
This company$24.1M
Sector median$2.8M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.3× of median
This company$1.6M
Sector median$6.0M
Modeled value — vs sector median (estimate, all stages) 0.4× of median
This company$4.9M
Sector median$13.8M

Raised more than 93% of sector peers (real $). Modeled value above 59% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #9 of 10.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Renew Residential, Inc. · Series A Raised $21.9M · modeled $38.5M (est)Self-Storage Tech LLC · Series A Raised $10.0M · modeled $30.2M (est)JPB Home Services, LLC · Series A Raised $10.5M · modeled $26.9M (est)SM Property Manager LLC · Series A Raised $9.3M · modeled $24.9M (est)B&Z Homes, Inc. · Series A Raised $16.9M · modeled $18.9M (est)LifeLine Torch Home Run LLC · Series A Raised $6.2M · modeled $16.1M (est)Luxe Concierge Home Services, Llc · Series A Raised $5.1M · modeled $15.1M (est)Real Estate Business Analytics, Inc. · Series A Raised $22.5M · modeled $7.7M (est)Mesa Residential Co LLC · Series A Raised $6.7M · modeled $1.0M (est)Property Meld I, Llc (this company) Raised $24.1M · modeled $4.9M (est)Property Meld I, Llc
CompanyStageRaised · realValue · estvs peer med.
Renew Residential, Inc.Series A$21.9M$38.5M2.20×
Self-Storage Tech LLCSeries A$10.0M$30.2M1.72×
JPB Home Services, LLCSeries A$10.5M$26.9M1.54×
SM Property Manager LLCSeries A$9.3M$24.9M1.42×
B&Z Homes, Inc.Series A$16.9M$18.9M1.08×
LifeLine Torch Home Run LLCSeries A$6.2M$16.1M0.92×
Luxe Concierge Home Services, LlcSeries A$5.1M$15.1M0.86×
Real Estate Business Analytics, Inc.Series A$22.5M$7.7M0.44×
Property Meld I, Llc this companySeries A$24.1M$4.9M0.28×
Mesa Residential Co LLCSeries A$6.7M$1.0M0.06×
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$1.7M2019-05-24$8.5M$18.4M90%
Seed$2.0M2020-07-01$10.0M$21.6M90%
Seed$3.7M2022-05-25$18.5M$23.2M90%
Series A$15.0M2022-12-27$68.2M$77.1M90%
Series A$1.6M2025-07-01$7.5M$4.9M90%
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$1.7M2019-05-24
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
  2. Seed$2.0M2020-07-01
    • Raised 13 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
  3. Seed$3.7M2022-05-25
    • Raised again after 23 mo — slower than the ~14 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 6 investors on this round.
  4. Series A$15.0M2022-12-27
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • 6 investors on this round.
  5. Series A$1.6M2025-07-01
    • Raised again after 30 mo — slower than the ~14 mo sector norm.
    • Round 9.1× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~18mo cadence
$1.6M
Modeled next size est.range $1.6M$2.6M
0.1×
Last step-up
$3.9M/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
Blaine Crissman2 other2019-05
Andrew Linder1 other2025-07
Andrew Gagne2019-05
Andrew Propst2019-05
Dave Kingman2019-05
David Kingman2020-07
Ray Haspen2019-05
Ray Hespen2020-07
Todd Gagne2020-07
Registry & provenance

Property Meld 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
1778765
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
Real Estate Business Analytics, Inc.Proptech / Real EstateSeries A$22.5M$7.7Msame sector · same stage
Renew Residential, Inc.Proptech / Real EstateSeries A$21.9M$38.5Msame sector · same stage
Olivet Housing, LLCProptech / Real EstateSeries A$21.5M$27.1Msame sector · same stage
Breezeway Homes, Inc.Proptech / Real EstateSeries A$27.0M$80.4Msame sector · same stage
Home Team Holdings, LLCProptech / Real EstateSeries A$21.0M$44.0Msame sector · same stage
Luma Home, Inc.Proptech / Real EstateSeries A$19.4M$61.2Msame sector · same stage
B&Z Homes, Inc.Proptech / Real EstateSeries A$16.9M$18.9Msame sector · same stage
Home EC Inc.Proptech / Real EstateSeries A$16.7M$4.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Mel Investment Holdings, LlcOtherSeries C$1.7B84%
KSB Property Management LLCProptech / Real EstatePre-Seed$5.2M81%
Texas Property Apartments LLCProptech / Real EstateSeries B$81.3M81%
Jackson-Lillian Holdings LLCOtherSeed$43.9M80%
LQD Assets, LLCOtherSeries A$384K80%
Biked, LLCOtherSeed$3.9M79%
Locke Property Management, LLCProptech / Real EstatePre-Seed$4.8M79%
Bethel Townhomes, LLCOtherPre-Seed$9.4M79%
Frequently asked
How much funding has Property Meld I, Llc raised?
Property Meld I, Llc has raised approximately $24.1M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Property Meld I, Llc's estimated valuation?
Provath's modeled valuation for Property Meld I, Llc is approximately $4.9M (modeled range $2.2M–$8.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Property Meld I, Llc at?
Property Meld I, Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jul 01.
What does Property Meld I, Llc do and where is it based?
Property Meld I, Llc operates in the Proptech / Real Estate sector, based in RAPID CITY.
Explore related

See where Property Meld I, Llc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Property Meld I, Llc, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.