Diligence memo · auto-generated · as of July 2, 2026
State Affairs, LLC
State Affairs, LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
State Affairs, LLC operates in Other, based in New York.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
State Affairs, LLC has raised $1.2M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $624K on 2021-11-15.
Most recent recorded round closed around 2021-11-15.
Valuation (modeled)modeled
Provath models State Affairs, LLC at approximately $7.9M (range $416K–$59M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.27× the median modeled value of Pre-Seed Other companies in 2019–2021 (1372 peers) — value vs value, same stage and era. Within the normal band (127% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 4.6 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 39% of Other peers (25015 compared).
Modeled value ranks above 34% of those peers.
Closest niche peers: Valued, Inc., CiiTA, LLC, Wnder, LTD, Supernova Discotheque, LLC, TommyKnockers LLC.
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.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.