Diligence memo · auto-generated · as of July 3, 2026
Surfworks Myrtle Beach, LLC
Surfworks Myrtle Beach, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Surfworks Myrtle Beach, LLC operates in Other, based in MYRTLE BEACH.
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
Surfworks Myrtle Beach, LLC has raised $1.6M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2021-04-27.
Most recent recorded round closed around 2022-02-28.
Valuation (modeled)modeled
Provath models Surfworks Myrtle Beach, LLC at approximately $1.3M (range $113K–$6.3M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.11× the median modeled value of Seed Other companies in 2022–2024 (1231 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
Last raise 4.3 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 12.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 46% of Other peers (25015 compared).
Modeled value ranks above 7% of those peers.
Closest niche peers: Dropee Inc., NFH Northern Project Development, LLC, FactorFund-Note-2022 LLC, Immersion Elements LLC, Possip, Inc..
Peoplefiled
1 named person 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.