Companies · Other

Synd2-23 Llc

AUSTIN · Other

Diligence memoA one-page analyst read on Synd2-23 Llc — recommendation, valuation, rhythm, risks.
$4.3M
Total raised · real
1
Rounds
0.7×
Latest step-up
Top 38%
Sector rank · raised
Series A
Latest stage · inferred · Tue Jun 13 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Synd2-23 Llc looks fair 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.

Fair
  • Modeled value is 0.69× the median modeled value of Series A Other companies in 2022–2024 (1135 peers) — value vs value, same stage and era.
  • Within the normal band (69% of peer median) for its niche.
Dormant
  • Last raise 3.1 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Synd2-23 Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
3.1 yr record
Peak capital year was 2023 with $10.9M across 2 filings.
Market position
ahead of 63% of Other peers
Capital scale is ahead of 63% of Other peers; modeled value is above 60% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Lower applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • Sector is still broad/Other, so operating comparables are weak.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $10.9M across 2 filings.
  • Largest single filing was $6.5M on 2023-06-13.
  • Filing rows sum to $10.9M, while canonical raised total is $4.3M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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 Other

Synd2-23 Llc is one of 25015 Other companies tracked from AUSTIN. By capital raised it ranks mid-pack (ahead of 63% of sector peers), and mid-pack 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
25
Investors (latest)
2023
Year incorporated
2023-06-13
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$50MSeries A · 2023-06-13 Raised $6.5M (real) Modeled valuation $41M (est)$6.5M$41MSeries A2023Series A · 2023-06-13 Raised $4.3M (real) Modeled valuation $27M (est)$4.3M$27MSeries A2023+$4.3MCumulative $11M

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
Series A$6.5M · 2023
Series A extension$4.3M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$26.9M
Base estimate est.
$5.9M
Conservative case
$74.2M
Upside case
$19.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $40.9M · 2023-06-132023Series A · modeled $26.9M · 2023-06-132023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.35×/yr
Annual markup
1.70×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
3.1 yr
On record since
2023
First round
2
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 2.1× above median
This company$4.3M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.8× of median
This company$4.3M
Sector median$5.7M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$26.9M
Sector median$17.7M

Raised more than 63% of sector peers (real $). Modeled value above 60% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #810 of 1,135.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Ness Well, Inc. · Series A Raised $14.9M · modeled $142.5M (est)Quantori, Inc. · Series A Raised $15.0M · modeled $138.6M (est)Qquv Investments 5, Llc · Series A Raised $15.0M · modeled $135.1M (est)Applause Network TV, Inc. · Series A Raised $15.0M · modeled $135.1M (est)Trustworthy Co · Series A Raised $15.5M · modeled $134.4M (est)DigniFi Holding, Inc. · Series A Raised $24.3M · modeled $134.0M (est)Proventures Capital, Inc. · Series A Raised $14.7M · modeled $133.0M (est)Zenledger, Inc. · Series A Raised $21.6M · modeled $132.1M (est)Gridwise, Inc. · Series A Raised $20.4M · modeled $131.8M (est)Aztec Broadway Ltd Liability Co · Series A Raised $14.0M · modeled $127.7M (est)KABR Jamaica SPE LLC · Series A Raised $14.7M · modeled $126.9M (est)Harmony Musical LLC · Series A Raised $15.0M · modeled $126.3M (est)Synd2-23 Llc (this company) Raised $4.3M · modeled $26.9M (est)Synd2-23 Llc
CompanyStageRaised · realValue · estvs peer med.
Ness Well, Inc.Series A$14.9M$142.5M3.67×
Quantori, Inc.Series A$15.0M$138.6M3.57×
Qquv Investments 5, LlcSeries A$15.0M$135.1M3.48×
Applause Network TV, Inc.Series A$15.0M$135.1M3.48×
Trustworthy CoSeries A$15.5M$134.4M3.46×
DigniFi Holding, Inc.Series A$24.3M$134.0M3.45×
Proventures Capital, Inc.Series A$14.7M$133.0M3.42×
Zenledger, Inc.Series A$21.6M$132.1M3.40×
Gridwise, Inc.Series A$20.4M$131.8M3.39×
Aztec Broadway Ltd Liability CoSeries A$14.0M$127.7M3.29×
KABR Jamaica SPE LLCSeries A$14.7M$126.9M3.26×
Harmony Musical LLCSeries A$15.0M$126.3M3.25×
Synd2-23 Llc this companySeries A$4.3M$26.9M0.69×
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.
Series A$6.5M2023-06-13$29.8M$40.9M90%
Series A$4.3M2023-06-13$19.6M$26.9M90%
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. Series A$6.5M2023-06-13
    • First recorded raise — entered as Series A.
  2. Series A$4.3M2023-06-13
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 25 investors on this round.
Intelligence
Modeled next raise
$4.3M
Modeled next size est.range $4.3M$6.9M
0.7×
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
Michael Guthrie5 other2023-06
Beau Roy1 other2023-06
Julie Roy1 other2023-06
Andrea Cwik2023-06
Catherine Bearce2023-06
Jukie Roy2023-06
Rachel Finninger2023-06
Tudor Francu2023-06
Registry & provenance

Synd2-23 Llc 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
1981329
SEC CIK
2023
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
1800 St Joseph, LLCOtherSeries A$10.1M$97.6Mnetwork1 shared operator · same sector · same stage
9205 Fm78, LlcOtherSeries A$11.0M$115.3Mnetwork1 shared operator · same sector · same stage
Hamilton UK Tour Ltd Liability CoOtherSeries A$4.3M$27.0Msame sector · same stage
Everest LKN, LLCOtherSeries A$4.5M$27.0Msame sector · same stage
Kokomo Solutions, Inc.OtherSeries A$4.1M$26.7Msame sector · same stage
North Star Management Feeder, LLCOtherSeries A$4.1M$26.5Msame sector · same stage
Monetization Solutions, Inc.OtherSeries A$4.1M$27.8Msame sector · same stage
Atlante Capital LLCOtherSeries A$4.6M$27.3Msame 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
Vcp23, LlcOtherSeries C$771.6M83%
MB Syn1, LLCOtherPre-Seed$4.4M82%
Rcp23, LlcOtherSeries C$1.2B82%
Sgp2 LlcOtherSeries C$277.9M81%
Pi2, LlcOtherSeed$1.9M79%
Syndic8 DMS, LLCOther TechnologySeed$80.1M79%
T2D2, Inc.Other TechnologyPre-Seed$6.5M78%
B2Digital, Inc.OtherPre-Seed$1.6M78%
Frequently asked
How much funding has Synd2-23 Llc raised?
Synd2-23 Llc has raised approximately $4.3M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Synd2-23 Llc's estimated valuation?
Provath's modeled valuation for Synd2-23 Llc is approximately $26.9M (modeled range $5.9M–$74.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Synd2-23 Llc at?
Synd2-23 Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Jun 13.
What does Synd2-23 Llc do and where is it based?
Synd2-23 Llc operates in the Other sector, based in AUSTIN.
Explore related

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