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

Smile Spirits, Inc.

Smile Spirits, Inc. 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

Smile Spirits, Inc. operates in Food & Beverage, based in Eagle.

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

Capital & rounds (filed)filed

Smile Spirits, Inc. has raised $250K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).

Largest single filing: $250K on 2025-12-23.

Most recent recorded round closed around 2025-12-23.

Valuation (modeled)modeled

Provath models Smile Spirits, Inc. at approximately $524K (range $167K–$1.1M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.46× the median modeled value of Pre-Seed Food & Beverage companies in 2025–2027 (16 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 6 mo ago; this sector typically re-raises about every 15 months.

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

Comparablesmixed

Capital scale ranks ahead of 43% of Food & Beverage peers (567 compared).

Modeled value ranks above 35% of those peers.

Closest niche peers: Better Spirits, LLC, High Rise Beverage Company, LLC, Atmosphere Clear Spirits Llc, Mountain Beverage Llc, Be Bold Beverage, Inc..

Peoplefiled

9 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.