Companies · Manufacturing

Summit Brewing Co

SAINT PAUL · Manufacturing

Diligence memoA one-page analyst read on Summit Brewing Co — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
2
Rounds
0.3×
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Wed Dec 04 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Summit Brewing Co looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the manufacturing 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 0.29× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
Quiet
  • Last raise 19 mo ago; this sector typically re-raises about every 12 months.
  • Slightly overdue versus sector cadence.
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 Manufacturing

Summit Brewing Co is one of 3256 Manufacturing companies tracked from SAINT PAUL. By capital raised it ranks mid-pack (ahead of 57% 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.

food-beverage

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2024-12-04
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$13M$25M$38M$50MSeed · 2016-05-19 Raised $2.2M (real) Modeled valuation $27M (est)$2.2M$27MSeed2016Seed · 2024-12-04 Raised $765K (real) Modeled valuation $2.5M (est)$765K$2.5MSeed2024+$765KCumulative $3.0M

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
Seed$2.2M · 2016
Seed extension$765K · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$2.5M
Base estimate est.
$702K
Conservative case
$5.9M
Upside case
$3.8M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Seed · modeled $27.0M · 2016-05-192016Seed · modeled $2.5M · 2024-12-042024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
103 mo
Avg between rounds
$347K/yr
Capital velocity
10.1 yr
On record since
2016
First round
2
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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) 1.5× above median
This company$3.0M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.5× of median
This company$765K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$2.5M
Sector median$12.0M

Raised more than 57% of sector peers (real $). Modeled value above 18% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (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 #140 of 161.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Three Rivers Preferred Group LLC · Seed Raised $4.0M · modeled $29.6M (est)Thelma's, L.L.C. · Seed Raised $3.8M · modeled $27.7M (est)Mills Products, LLC · Seed Raised $3.8M · modeled $26.2M (est)Unity Laundry Systems Corp · Seed Raised $4.0M · modeled $25.8M (est)Ohio Heat Holdings LLC · Seed Raised $3.8M · modeled $25.6M (est)VMC Acquisition Co LLC · Seed Raised $2.9M · modeled $21.7M (est)LightningCath, Inc. · Seed Raised $3.0M · modeled $21.6M (est)Smede Son Holding Co LLC · Seed Raised $3.6M · modeled $20.9M (est)Total Advantage LLC · Seed Raised $3.5M · modeled $20.4M (est)Applied Bioplastics Corp. · Seed Raised $4.0M · modeled $20.3M (est)World Matcha Inc. · Seed Raised $5.6M · modeled $19.7M (est)Cotsworks, Inc. · Seed Raised $2.9M · modeled $19.6M (est)Summit Brewing Co (this company) Raised $3.0M · modeled $2.5M (est)Summit Brewing Co
CompanyStageRaised · realValue · estvs peer med.
Three Rivers Preferred Group LLCSeed$4.0M$29.6M3.49×
Thelma's, L.L.C.Seed$3.8M$27.7M3.26×
Mills Products, LLCSeed$3.8M$26.2M3.09×
Unity Laundry Systems CorpSeed$4.0M$25.8M3.04×
Ohio Heat Holdings LLCSeed$3.8M$25.6M3.01×
VMC Acquisition Co LLCSeed$2.9M$21.7M2.56×
LightningCath, Inc.Seed$3.0M$21.6M2.55×
Smede Son Holding Co LLCSeed$3.6M$20.9M2.47×
Total Advantage LLCSeed$3.5M$20.4M2.40×
Applied Bioplastics Corp.Seed$4.0M$20.3M2.40×
World Matcha Inc.Seed$5.6M$19.7M2.32×
Cotsworks, Inc.Seed$2.9M$19.6M2.31×
Summit Brewing Co this companySeed$3.0M$2.5M0.29×
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.
Seed$2.2M2016-05-19$11.0M$27.0M90%
Seed$765K2024-12-04$3.8M$2.5M90%
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. Seed$2.2M2016-05-19
    • First recorded raise — entered as Seed.
    • 13 investors on this round.
  2. Seed$765K2024-12-04
    • Raised again after 103 mo — slower than the ~12 mo sector norm.
    • Round 2.9× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2033 ~Q2
Modeled next raise · ~103mo cadence
$765K
Modeled next size est.range $765K$1.2M
0.3×
Last step-up
$347K/yr
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
JOEL P. BACHUL1 other2016-05
Mark Stutrud1 other2024-12
AL J. OUKROP2016-05
BENJAMIN S. RINKEY2016-05
Brandon Bland2024-12
Carl Schoh2024-12
Damian McConn2024-12
Janelle Schulenberg2024-12
Joel Bachul2024-12
Karl Cambronne2024-12
KARL L. CAMBRONNE2016-05
KELLY A. LARSON2016-05
MARK O. STUTRUD2016-05
MICHAEL L. BAMONTI2016-05
MICHAEL L. THYKEN2016-05
Steven Mahon2024-12
Stuart Johnson2024-12
Teresa Morrow2024-12
THOMAS P. THOMASSER2016-05
William Garber2024-12
WILLIAM P. GARBER2016-05
Registry & provenance

Summit Brewing Co 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
767254
SEC CIK
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
Field & Stream Pet Food Company, LlcManufacturingSeed$3.0M$2.2Msame sector · same stage
Luxie Holdings, Inc.ManufacturingSeed$3.0M$2.0Msame sector · same stage
Dextall, Inc.ManufacturingSeed$3.0M$3.1Msame sector · same stage
Flow Environmental Systems, Inc.ManufacturingSeed$3.1M$2.0Msame sector · same stage
Spintech Holdings, Inc.ManufacturingSeed$2.8M$2.0Msame sector · same stage
Azuna Inc.ManufacturingSeed$2.7M$2.8Msame sector · same stage
Brownie's Marine Group, IncManufacturingSeed$2.7M$2.4Msame sector · same stage
Free To Eat, Inc.ManufacturingSeed$3.3M$2.7Msame 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
Indian Peaks Brewing CoManufacturingSeed$2.6M90%
BC's Brewing Company, LLCManufacturingPre-Seed$1.1M89%
Parallel World Brewing Company, LLCManufacturingPre-Seed$2.1M88%
Hop River Brewing Co LLCManufacturingPre-Seed$5.3M87%
WH Brewing II, LLCManufacturingPre-Seed$7.6M87%
Citizens Brewing, LLCManufacturingPre-Seed$6.1M87%
WH Brewing, LLCManufacturingPre-Seed$7.6M87%
Lost Apostle Brewing, LLCManufacturingPre-Seed$4.6M87%
Frequently asked
How much funding has Summit Brewing Co raised?
Summit Brewing Co has raised approximately $3.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Summit Brewing Co's estimated valuation?
Provath's modeled valuation for Summit Brewing Co is approximately $2.5M (modeled range $702K–$5.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Summit Brewing Co at?
Summit Brewing Co's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Dec 04.
What does Summit Brewing Co do and where is it based?
Summit Brewing Co operates in the Manufacturing sector, based in SAINT PAUL.
Explore related

See where Summit Brewing Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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