Companies · Restaurants

Smell That Bread, LLC

STEAMBOAT SPRINGS · Restaurants

Diligence memoA one-page analyst read on Smell That Bread, LLC — recommendation, valuation, rhythm, risks.
$160K
Total raised · real
1
Rounds
Latest step-up
Top 91%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Oct 21 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

Smell That Bread, LLC looks under-valued 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 restaurants sector profile.

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

Under-valued
  • Modeled value is 0.47× the median modeled value of Pre-Seed Restaurants companies in 2016–2018 (288 peers) — value vs value, same stage and era.
  • Issuer reports $0–$1M revenue while modeled below niche peers.
Dormant
  • Last raise 9.7 yr ago; this sector typically re-raises about every 13 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

Smell That Bread, 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
9.7 yr record
Peak capital year was 2016 with $160K across 1 filings.
Market position
ahead of 10% of Restaurants peers
Capital scale is ahead of 10% of Restaurants peers; modeled value is above 15% 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
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 2016: $160K across 1 filings.
  • Largest single filing was $160K on 2016-10-21.
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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Restaurants

Smell That Bread, LLC is one of 2292 Restaurants companies tracked from STEAMBOAT SPRINGS. By capital raised it ranks in the long tail (ahead of 10% of sector peers), and in the long tail 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
$0–$1M
Issuer revenue
Rule 506(c)
Reg D exemption
3
Investors (latest)
2014
Year incorporated
2016-10-21
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$250K$500K$750K$1.0MPre-Seed · 2016-10-21 Raised $160K (real) Modeled valuation $700K (est)$160K$700KPre-Seed2016

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
Pre-Seed$160K · 2016

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$700K
Base estimate est.
$90K
Conservative case
$7.9M
Upside case
$889K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the restaurants sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
25%
Survival probability
10% low · 46% high
1.21×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
9.7 yr actual, capped for stale marks
restaurants
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
9.7 yr
On record since
2016
First round
1
Rounds on file
How it compares to the market

Benchmarked against 2292 companies in Restaurants. 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) 0.2× of median
This company$160K
Sector median$900K
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.4× of median
This company$160K
Sector median$360K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$700K
Sector median$2.6M

Raised more than 10% of sector peers (real $). Modeled value above 15% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #232 of 288.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)Tortilleria Garcia, Inc. · Pre-Seed Raised $1.0M · modeled $4.4M (est)Souvla Valencia, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Tremilo LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Be Glad, LP · Pre-Seed Raised $1.0M · modeled $4.4M (est)Station On Main, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Realness, Llc, The · Pre-Seed Raised $1.0M · modeled $4.4M (est)Conrad's Grill Chicago, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)Souvla Divisadero, LLC · Pre-Seed Raised $1.0M · modeled $4.4M (est)MHI Restaurant Group, LLC · Pre-Seed Raised $1000K · modeled $4.4M (est)Emporium Oakland, LLC · Pre-Seed Raised $1000K · modeled $4.4M (est)Banty Rooster LLC · Pre-Seed Raised $990K · modeled $4.3M (est)Darron, LLC · Pre-Seed Raised $975K · modeled $4.3M (est)Smell That Bread, LLC (this company) Raised $160K · modeled $700K (est)Smell That Bread, LLC
CompanyStageRaised · realValue · estvs peer med.
Tortilleria Garcia, Inc.Pre-Seed$1.0M$4.4M2.96×
Souvla Valencia, LLCPre-Seed$1.0M$4.4M2.96×
Tremilo LLCPre-Seed$1.0M$4.4M2.96×
Be Glad, LPPre-Seed$1.0M$4.4M2.96×
Station On Main, LLCPre-Seed$1.0M$4.4M2.96×
Realness, Llc, ThePre-Seed$1.0M$4.4M2.96×
Conrad's Grill Chicago, LLCPre-Seed$1.0M$4.4M2.96×
Souvla Divisadero, LLCPre-Seed$1.0M$4.4M2.96×
MHI Restaurant Group, LLCPre-Seed$1000K$4.4M2.96×
Emporium Oakland, LLCPre-Seed$1000K$4.4M2.96×
Banty Rooster LLCPre-Seed$990K$4.3M2.93×
Darron, LLCPre-Seed$975K$4.3M2.89×
Smell That Bread, LLC this companyPre-Seed$160K$700K0.47×
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.
Pre-Seed$160K2016-10-21$889K$700K90%
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. Pre-Seed$160K2016-10-21
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
Intelligence
Modeled next raise
$256K
Modeled next size est.range $166K$410K
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
Juli Gordon2016-10
SAM GORDON2016-10
Registry & provenance

Smell That Bread, 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
1687975
SEC CIK
2014
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
FGSF Wellington LLCRestaurantsPre-Seed$160K$700Ksame sector · same stage
Headquarters Tennessee LLCRestaurantsPre-Seed$160K$700Ksame sector · same stage
SV 1898 Group, Inc.RestaurantsPre-Seed$160K$700Ksame sector · same stage
Thrive Everywhere Inc.RestaurantsPre-Seed$160K$700Ksame sector · same stage
Traveling SpoonRestaurantsPre-Seed$160K$700Ksame sector · same stage
Guild Fine Meats, LLCRestaurantsPre-Seed$161K$704Ksame sector · same stage
Lou Hospitality, LLCRestaurantsPre-Seed$158K$453Ksame sector · same stage
Common Craft Group L.L.C.RestaurantsPre-Seed$157K$686Ksame 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
Barista Parlor Holdings, LLCRestaurantsSeed$1.8M83%
Grog Shop Enterprises LlcRestaurantsPre-Seed$3.1M83%
Cedars Brewpub LlcRestaurantsSeed$642K82%
Lou Hospitality, LLCRestaurantsPre-Seed$453K82%
Untamed Sandwiches LLCRestaurantsPre-Seed$2.6M81%
7Crew Enterprises, LLCRestaurantsSeries A$28.7M81%
Tkc 1, LlcRestaurantsPre-Seed$2.0M81%
T&S Coffee, LLCRestaurantsPre-Seed$1.3M81%
Frequently asked
How much funding has Smell That Bread, LLC raised?
Smell That Bread, LLC has raised approximately $160K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Smell That Bread, LLC's estimated valuation?
Provath's modeled valuation for Smell That Bread, LLC is approximately $700K (modeled range $90K–$7.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Smell That Bread, LLC at?
Smell That Bread, LLC's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Oct 21.
What does Smell That Bread, LLC do and where is it based?
Smell That Bread, LLC operates in the Restaurants sector, based in STEAMBOAT SPRINGS.
Explore related

See where Smell That Bread, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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