Diligence memo · auto-generated · as of July 3, 2026
Smart Hotels Chicago LLC
Smart Hotels Chicago LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Smart Hotels Chicago LLC operates in Lodging and Conventions, based in Shaker Heights.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Smart Hotels Chicago LLC has raised $7.2M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $4.0M on —.
Most recent recorded round closed around 2013-01-31.
Valuation (modeled)modeled
Provath models Smart Hotels Chicago LLC at approximately $19M (range $2.6M–$146M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.51× the median modeled value of Seed Lodging and Conventions companies in 2013–2015 (33 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 517 months.
Last raise 13.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 81% of Lodging and Conventions peers (514 compared).
Modeled value ranks above 70% of those peers.
Closest niche peers: WACO Memphis, LLC, Morgantown Accommodations, LLC, Northgate Lodging Properties, Llc, RREAF Holdings (O&G Portfolio Number 1), LLC, Civitas Lodging Partners, LP.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.