Diligence memo · auto-generated · as of July 2, 2026

TB Bond, LLC

TB Bond, LLC looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

TB Bond, LLC operates in Business Services, based in AVENTURA.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

TB Bond, LLC has raised $100M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $100M on 2024-04-16.

Most recent recorded round closed around 2024-04-16.

Valuation (modeled)modeled

Provath models TB Bond, LLC at approximately $917M (range $394M–$1.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.16× the median modeled value of Series C Business Services companies in 2022–2024 (8 peers) — value vs value, same stage and era. Within the normal band (116% of peer median) for its niche.

Financing rhythm & timingmixed

Last raise 2.2 yr ago; this sector typically re-raises about every 12 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 97% of Business Services peers (2439 compared).

Modeled value ranks above 97% of those peers.

Closest niche peers: Wangdiqiyuan International Holdings Ltd, Coastal Kapital I, LLC, Korea Credit Data Co., Ltd., Bond Brand Parent, LLC, Blue Logistics TopCo LLC.

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.