Diligence memo · auto-generated · as of July 2, 2026
Shelter Distilling, Inc.
Shelter Distilling, Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Shelter Distilling, Inc. operates in Food & Beverage, based in MAMMOTH LAKES.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Shelter Distilling, Inc. has raised $5.4M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.2M on 2021-04-30.
Most recent recorded round closed around 2025-11-14.
Valuation (modeled)modeled
Provath models Shelter Distilling, Inc. at approximately $986K (range $351K–$1.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.30× the median modeled value of Seed Food & Beverage companies in 2025–2027 (12 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 8 mo ago; this sector typically re-raises about every 15 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 3.9× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 85% of Food & Beverage peers (567 compared).
Modeled value ranks above 37% of those peers.
Closest niche peers: Old Terrell Distillery Co LLC, Ethel's Bakery, LLC, Pocket Cafe, Inc., Kitchen Stadium Inc., Spirits Capital Corp.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.