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

Silver Bay Seafoods-Southeast, LLC

Silver Bay Seafoods-Southeast, 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-Southeast, 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-Southeast, LLC has raised $33M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $16M on 2020-10-27.

Most recent recorded round closed around 2025-11-20.

Valuation (modeled)modeled

Provath models Silver Bay Seafoods-Southeast, LLC at approximately $653K (range $419K–$896K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.01× the median modeled value of Series B Mining & Resources companies in 2025–2027 (15 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 20 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 3.4× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 94% of Mining & Resources peers (701 compared).

Modeled value ranks above 21% of those peers.

Closest niche peers: Firefly Minerals, LLC, Tectonic Metals Inc., U.S. Gold Corp., Critical Metals Corp., NGEx Minerals Ltd..

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.