Companies · Food & Beverage

Summit Spirits & Wine, INC

LAS VEGAS · Food & Beverage · refined from filed group “Other”

Diligence memoA one-page analyst read on Summit Spirits & Wine, INC — recommendation, valuation, rhythm, risks.→
$3.3M
Total raised · real
1
Rounds
—
Latest step-up
Top 22%
Sector rank · raised
Seed
Latest stage · inferred · Fri Sep 10 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Summit Spirits & Wine, INC looks over-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.

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

Over-valued
  • Modeled value is 1.55× the median modeled value of Seed Food & Beverage companies in 2019–2021 (43 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.8 yr ago; this sector typically re-raises about every 15 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Food & Beverage

Summit Spirits & Wine, INC is one of 567 Food & Beverage companies tracked from LAS VEGAS. By capital raised it ranks in the upper tier (ahead of 79% of sector peers), and in the upper tier 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
$1M–$5M
Issuer revenue
Rule 506(c)
Reg D exemption
2
Investors (latest)
2021
Year incorporated
2021-09-10
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 · 2021-09-10 Raised $3.3M (real) Modeled valuation $39M (est)$3.3M$39MSeed2021

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$3.3M · 2021

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
$39.3M
Base estimate est.
$3.0M
Conservative case
$223.5M
Upside case
$16.5M
Modeled post-money

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

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
4.8 yr
Elapsed time used
4.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
5.1 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. 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)▲ 2.7× above median
This company$3.3M
Sector median$1.2M
Latest round — vs other Seed rounds in sector (real $, this stage)▲ 2.2× above median
This company$3.3M
Sector median$1.5M
Modeled value — vs sector median (estimate, all stages)▲ 3.7× above median
This company$39.3M
Sector median$10.6M

Raised more than 79% of sector peers (real $). Modeled value above 88% 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 #11 of 43.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Social Beverage Company, Llc · Seed Raised $7.9M · modeled $74.4M (est)Koinz · Seed Raised $4.8M · modeled $69.0M (est)Barrell Craft Spirits, LLC · Seed Raised $5.0M · modeled $61.4M (est)Haven's Kitchen, Inc. · Seed Raised $4.0M · modeled $59.2M (est)Simple Skiff Beverages, Inc. · Seed Raised $3.8M · modeled $51.7M (est)XED Beverage Company, Inc. · Seed Raised $4.6M · modeled $51.3M (est)Weed Cellars, Inc. · Seed Raised $2.6M · modeled $48.4M (est)Narragansett Brewing Co · Seed Raised $4.3M · modeled $45.3M (est)Shaka Beverages LLC · Seed Raised $7.4M · modeled $44.9M (est)Broken Shed Distilleries, Inc. · Seed Raised $3.6M · modeled $41.8M (est)Affinity Beverages LLC · Seed Raised $7.1M · modeled $37.2M (est)Summit Spirits & Wine, INC (this company) Raised $3.3M · modeled $39.3M (est)Summit Spirits & Wine, INC
CompanyStageRaised · realValue · estvs peer med.
Social Beverage Company, LlcSeed$7.9M$74.4M2.94×
KoinzSeed$4.8M$69.0M2.73×
Barrell Craft Spirits, LLCSeed$5.0M$61.4M2.43×
Haven's Kitchen, Inc.Seed$4.0M$59.2M2.34×
Simple Skiff Beverages, Inc.Seed$3.8M$51.7M2.04×
XED Beverage Company, Inc.Seed$4.6M$51.3M2.03×
Weed Cellars, Inc.Seed$2.6M$48.4M1.91×
Narragansett Brewing CoSeed$4.3M$45.3M1.79×
Shaka Beverages LLCSeed$7.4M$44.9M1.77×
Broken Shed Distilleries, Inc.Seed$3.6M$41.8M1.65×
Summit Spirits & Wine, INC this companySeed$3.3M$39.3M1.55×
Affinity Beverages LLCSeed$7.1M$37.2M1.47×
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.
Seed$3.3M2021-09-10$16.5M$39.3M90%
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$3.3M2021-09-10
    • First recorded raise — entered as Seed.
    • 2 investors on this round.
Intelligence
—
Modeled next raise
$5.3M
Modeled next size est.range $3.4M–$8.4M
—
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
Rob Roy—4 other2021-09
Thomas Morton—1 other2021-09
Ian Staller——2021-09
Kevin McCracken——2021-09
Paul Nassif——2021-09
Tony Ravelo——2021-09
Registry & provenance

Summit Spirits & Wine, INC 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
1884979
SEC CIK
2021
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
Rowdy Beverage, Inc.Food & BeverageSeed$3.3M$35.9Msame sector · same stage
Smokey Joe's Cafe New York Revival Ltd Liability CoFood & BeverageSeed$3.3M$61.7Msame sector · same stage
DuMOL Winery, LLCFood & BeverageSeed$3.3M$60.6Msame sector · same stage
Gagnon-Kennedy Vineyards, LLCFood & BeverageSeed$3.2M$857Ksame sector · same stage
2124 Brewing Co LLCFood & BeverageSeed$3.2M$20.1Msame sector · same stage
Far West Texas Spirits LLCFood & BeverageSeed$3.1M$37.2Msame sector · same stage
Pocket Cafe, Inc.Food & BeverageSeed$3.5M$9.0Msame sector · same stage
SomPriya Fine Spirits, LLCFood & BeverageSeed$3.1M$57.6Msame 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
Summit Naturals Inc.OtherSeries A$60.9M87%
Eagle Mountain Winery, LlcFood & BeveragePre-Seed$9.5M85%
Mountain Laurel Spirits, LLCFood & BeverageSeed$1.6M85%
High Road Wine & Spirits, LLCFood & BeveragePre-Seed$1.9M85%
Jersey Shore Spirits IncFood & BeveragePre-Seed$1.4M84%
Cara Wines, Inc.OtherSeries A$71.6M84%
LM Wine Company, LLCOtherSeed$47.9M83%
Bingham Natural Wines, LLCOtherPre-Seed$9.2M83%
Frequently asked
How much funding has Summit Spirits & Wine, INC raised?
Summit Spirits & Wine, INC has raised approximately $3.3M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Summit Spirits & Wine, INC's estimated valuation?
Provath's modeled valuation for Summit Spirits & Wine, INC is approximately $39.3M (modeled range $3.0M–$223.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Summit Spirits & Wine, INC at?
Summit Spirits & Wine, INC's latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Sep 10.
What does Summit Spirits & Wine, INC do and where is it based?
Summit Spirits & Wine, INC operates in the Food & Beverage sector, based in LAS VEGAS.
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