Companies · Telecommunications

Simple Broadband 1 LLC

NEW YORK · Telecommunications

Diligence memoA one-page analyst read on Simple Broadband 1 LLC — recommendation, valuation, rhythm, risks.
$9.1M
Total raised · real
1
Rounds
1.4×
Latest step-up
Top 35%
Sector rank · raised
Series A
Latest stage · inferred · Mon Dec 20 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Simple Broadband 1 LLC looks fair against its niche peers and is dormant on financing cadence.

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

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

Fair
  • Modeled value is 0.88× the median modeled value of Series A Telecommunications companies in 2019–2021 (26 peers) — value vs value, same stage and era.
  • Within the normal band (88% of peer median) for its niche.
Dormant
  • Last raise 4.5 yr ago; this sector typically re-raises about every 10 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

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

Issuer-vehicle patternmedium confidence

Simple Broadband 1 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
4.5 yr record
Peak capital year was 2021 with $44.6M across 4 filings.
Market position
ahead of 66% of Telecommunications peers
Capital scale is ahead of 66% of Telecommunications peers; modeled value is above 74% 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
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
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 2021: $44.6M across 4 filings.
  • Largest single filing was $17.7M on 2021-12-20.
  • Filing rows sum to $44.6M, while canonical raised total is $9.1M; likely amendments/superseded rows are mixed into the detail view.
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.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Telecommunications

Simple Broadband 1 LLC is one of 929 Telecommunications companies tracked from NEW YORK. By capital raised it ranks mid-pack (ahead of 66% of sector peers), and in the upper tier 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
19
Investors (latest)
2021
Year incorporated
2021-12-20
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$125M$250M$375M$500MSeries A · 2021-12-20 Raised $9.1M (real) Modeled valuation $99M (est)$9.1M$99MSeries A2021Series A · 2021-12-20 Raised $5.3M (real) Modeled valuation $58M (est)$5.3M$58MSeries A2021Series A · 2021-12-20 Raised $12M (real) Modeled valuation $135M (est)$12M$135MSeries A2021Series B · 2021-12-20 Raised $18M (real) Modeled valuation $226M (est)$18M$226MSeries B2021+$5.3M+$12M+$18MCumulative $45M

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
Series A$9.1M · 2021
Series A extension$5.3M · 2021
Series A extension$12.5M · 2021
Series B$17.7M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$98.6M
Base estimate est.
$12.1M
Conservative case
$381.7M
Upside case
$41.5M
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 telecom sector profile. Directional, not a quoted figure.

Series A · modeled $98.6M · 2021-12-202021Series A · modeled $57.7M · 2021-12-20Series A · modeled $134.6M · 2021-12-20Series B · modeled $226.3M · 2021-12-202021
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
53%
Survival probability
29% low · 73% high
1.39×/yr
Annual markup
1.75×/yr upside case
4.5 yr
Elapsed time used
4.5 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
4.5 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. 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) 2.3× above median
This company$9.1M
Sector median$4.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 3.3× above median
This company$17.7M
Sector median$5.3M
Modeled value — vs sector median (estimate, all stages) 3.5× above median
This company$98.6M
Sector median$28.3M

Raised more than 66% of sector peers (real $). Modeled value above 74% 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 #15 of 26.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)California Internet Holdings, L.P. · Series A Raised $13.9M · modeled $219.2M (est)NuWave Communications, Inc. · Series A Raised $12.0M · modeled $210.3M (est)Indiana Fiber Network, LLC · Series A Raised $11.0M · modeled $193.1M (est)Resonant Inc · Series A Raised $39.9M · modeled $175.6M (est)Verana Networks, Inc. · Series A Raised $9.1M · modeled $158.6M (est)Telescent, Inc. · Series A Raised $13.3M · modeled $156.1M (est)Gabb Wireless, Inc. · Series A Raised $26.5M · modeled $152.2M (est)US Mobile, Inc. · Series A Raised $11.5M · modeled $150.7M (est)911Inform Holdings Inc. · Series A Raised $11.0M · modeled $140.8M (est)SoniqWave Networks LLC · Series A Raised $7.9M · modeled $138.5M (est)Core Technologies Inc. · Series A Raised $8.5M · modeled $135.3M (est)All Custom Goods & Entertainment llc · Series A Raised $10.0M · modeled $123.6M (est)Simple Broadband 1 LLC (this company) Raised $9.1M · modeled $98.6M (est)Simple Broadband 1 LLC
CompanyStageRaised · realValue · estvs peer med.
California Internet Holdings, L.P.Series A$13.9M$219.2M1.96×
NuWave Communications, Inc.Series A$12.0M$210.3M1.88×
Indiana Fiber Network, LLCSeries A$11.0M$193.1M1.72×
Resonant IncSeries A$39.9M$175.6M1.57×
Verana Networks, Inc.Series A$9.1M$158.6M1.42×
Telescent, Inc.Series A$13.3M$156.1M1.39×
Gabb Wireless, Inc.Series A$26.5M$152.2M1.36×
US Mobile, Inc.Series A$11.5M$150.7M1.35×
911Inform Holdings Inc.Series A$11.0M$140.8M1.26×
SoniqWave Networks LLCSeries A$7.9M$138.5M1.24×
Core Technologies Inc.Series A$8.5M$135.3M1.21×
All Custom Goods & Entertainment llcSeries A$10.0M$123.6M1.10×
Simple Broadband 1 LLC this companySeries A$9.1M$98.6M0.88×
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.
Series A$9.1M2021-12-20$41.5M$98.6M90%
Series A$5.3M2021-12-20$24.3M$57.7M90%
Series A$12.5M2021-12-20$56.7M$134.6M90%
Series B$17.7M2021-12-20$98.1M$226.3M90%
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. Series A$9.1M2021-12-20
    • First recorded raise — entered as Series A.
    • 15 investors on this round.
  2. Series A$5.3M2021-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 15 investors on this round.
  3. Series A$12.5M2021-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.3× larger than the prior — scaling up.
    • 16 investors on this round.
  4. Series B$17.7M2021-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
Modeled next raise
$25.0M
Modeled next size est.range $17.7M$40.0M
1.4×
Last step-up
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
Jeffrey Libshutz6 other2021-12
Evan Grayer2021-12
Registry & provenance

Simple Broadband 1 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
1904250
SEC CIK
2021
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
NetAmerica Alliance, LLCTelecommunicationsSeries A$9.1M$72.3Msame sector · same stage
Searchlight III CVL, LLCTelecommunicationsSeries A$9.2M$32.2Msame sector · same stage
Verana Networks, Inc.TelecommunicationsSeries A$9.1M$158.6Msame sector · same stage
Harqen, Inc.TelecommunicationsSeries A$8.8M$75.4Msame sector · same stage
Bay Peak 5 Acquisition Corp.TelecommunicationsSeries A$8.8M$154.3Msame sector · same stage
SabSe Technologies Inc.TelecommunicationsSeries A$8.6M$101.9Msame sector · same stage
Whaleback Systems CorpTelecommunicationsSeries A$8.5M$19.8Msame sector · same stage
Core Technologies Inc.TelecommunicationsSeries A$8.5M$135.3Msame 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
Ny Fiber 1, LlcTelecommunicationsSeries A$3.5M85%
OneLink, LLCTelecommunicationsPre-Seed$26.8M84%
Techless LLCTelecommunicationsSeed$3.7M83%
Easy Choice Business Solutions IncTelecommunicationsSeed$7.4M83%
Point Broadband, LLCTelecommunicationsSeries B$510.0M83%
Fiber Platform, LLCTelecommunicationsSeries B$356.0M82%
SP Broadband, Inc.TelecommunicationsSeries B$110.0M82%
Telescent, Inc.TelecommunicationsSeries A$156.1M82%
Frequently asked
How much funding has Simple Broadband 1 LLC raised?
Simple Broadband 1 LLC has raised approximately $9.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Simple Broadband 1 LLC's estimated valuation?
Provath's modeled valuation for Simple Broadband 1 LLC is approximately $98.6M (modeled range $12.1M–$381.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Simple Broadband 1 LLC at?
Simple Broadband 1 LLC's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Dec 20.
What does Simple Broadband 1 LLC do and where is it based?
Simple Broadband 1 LLC operates in the Telecommunications sector, based in NEW YORK.
Explore related

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