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

Silver Bay Seafoods-Kodiak, LLC

Silver Bay Seafoods-Kodiak, 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

Silver Bay Seafoods-Kodiak, LLC operates in Mining & Resources, based in SITKA.

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

Capital & rounds (filed)filed

Silver Bay Seafoods-Kodiak, LLC has raised $19M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $11M on 2021-03-02.

Most recent recorded round closed around 2025-12-02.

Valuation (modeled)modeled

Provath models Silver Bay Seafoods-Kodiak, LLC at approximately $341K (range $175K–$531K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.03× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 19 months.

Last raise 7 mo ago; this sector typically re-raises about every 11 months.

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

The last round was 28.1× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 89% of Mining & Resources peers (701 compared).

Modeled value ranks above 9% of those peers.

Closest niche peers: Fortitude Gold Corp, San Cristobal Mining Inc., Torngat Metals Ltd, Rua Gold Inc., Red Metals, Inc..

Peoplefiled

12 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.