Diligence memo · auto-generated · as of July 2, 2026
Spring44 Distilling, Inc.
Spring44 Distilling, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Spring44 Distilling, Inc. operates in Food & Beverage, based in LOVELAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Spring44 Distilling, Inc. has raised $5.6M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.9M on 2020-09-14.
Most recent recorded round closed around 2020-09-14.
Valuation (modeled)modeled
Provath models Spring44 Distilling, Inc. at approximately $33M (range $1.7M–$243M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.29× the median modeled value of Seed Food & Beverage companies in 2019–2021 (43 peers) — value vs value, same stage and era. Within the normal band (129% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 5.8 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 2.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 85% of Food & Beverage peers (567 compared).
Modeled value ranks above 86% of those peers.
Closest niche peers: Social Beverage Company, Llc, Koinz, Barrell Craft Spirits, LLC, Haven's Kitchen, Inc., Simple Skiff Beverages, Inc..
Peoplefiled
13 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.