Companies · Other Travel

Teardown Funding #2,LLC

BREVARD · Other Travel

Diligence memoA one-page analyst read on Teardown Funding #2,LLC — recommendation, valuation, rhythm, risks.→
$1.6M
Total raised · real
1
Rounds
—
Latest step-up
Top 61%
Sector rank · raised
Seed
Latest stage · inferred · Wed May 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Teardown Funding #2,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. Valuation uses the travel sector profile.

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

Fair
  • Modeled value is 0.88× the median modeled value of Seed Other Travel companies in 2022–2024 (8 peers) — value vs value, same stage and era.
  • Within the normal band (88% of peer median) for its niche.
Dormant
  • Last raise 3.1 yr ago; this sector typically re-raises about every 9 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

Teardown Funding #2,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
3.3 yr record
Peak capital year was 2023 with $1.6M across 1 filings.
Market position
ahead of 40% of Other Travel peers
Capital scale is ahead of 40% of Other Travel peers; modeled value is above 38% 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
Normal 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
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • 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: $1.6M across 1 filings.
  • Largest single filing was $1.6M on 2023-05-31.
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.
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 Travel

Teardown Funding #2,LLC is one of 176 Other Travel companies tracked from BREVARD. By capital raised it ranks mid-pack (ahead of 40% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(c)
Reg D exemption
28
Investors (latest)
2023
Year incorporated
2023-05-31
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$2.5M$5.0M$7.5M$10MSeed · 2023-05-31 Raised $1.6M (real) Modeled valuation $5.7M (est)$1.6M$5.7MSeed2023

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$1.6M · 2023

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
$5.7M
Base estimate est.
$1.3M
Conservative case
$20.5M
Upside case
$7.9M
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 scaled by the travel sector profile. 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.
36%
Survival probability
16% low · 55% high
1.26×/yr
Annual markup
1.65×/yr upside case
3.1 yr
Elapsed time used
3.1 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
3.3 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 176 companies in Other Travel. 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)▼ 0.6× of median
This company$1.6M
Sector median$2.5M
Latest round — vs other Seed rounds in sector (real $, this stage)▼ 0.8× of median
This company$1.6M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages)▼ 0.6× of median
This company$5.7M
Sector median$8.9M

Raised more than 40% of sector peers (real $). Modeled value above 38% 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 #6 of 8.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Silverhawk Aviation, Inc. · Seed Raised $3.1M · modeled $11.7M (est)Orbite Inc. · Seed Raised $2.7M · modeled $8.8M (est)Giv Investors, Llc · Seed Raised $3.0M · modeled $8.3M (est)La Wawa Holding Co · Seed Raised $3.5M · modeled $7.1M (est)Sendaride, Inc. · Seed Raised $7.6M · modeled $6.0M (est)WWSG Travel, Inc. · Seed Raised $1.9M · modeled $3.2M (est)850Nine, LLC · Seed Raised $1.8M · modeled $3.0M (est)Teardown Funding #2,LLC (this company) Raised $1.6M · modeled $5.7M (est)Teardown Funding #2,LLC
CompanyStageRaised · realValue · estvs peer med.
Silverhawk Aviation, Inc.Seed$3.1M$11.7M1.80×
Orbite Inc.Seed$2.7M$8.8M1.35×
Giv Investors, LlcSeed$3.0M$8.3M1.27×
La Wawa Holding CoSeed$3.5M$7.1M1.09×
Sendaride, Inc.Seed$7.6M$6.0M0.91×
Teardown Funding #2,LLC this companySeed$1.6M$5.7M0.88×
WWSG Travel, Inc.Seed$1.9M$3.2M0.50×
850Nine, LLCSeed$1.8M$3.0M0.46×
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$1.6M2023-05-31$7.9M$5.7M90%
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$1.6M2023-05-31
    • First recorded raise — entered as Seed.
    • 28 investors on this round.
Intelligence
—
Modeled next raise
$2.5M
Modeled next size est.range $1.6M–$4.0M
—
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
Bruce V Roberts—12 other2023-05
Registry & provenance

Teardown Funding #2,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
1976373
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
HotSpot Tax, Inc.Other TravelSeed$1.6M$11.5Msame sector · same stage
Innovative Travel Technologies, Inc.Other TravelSeed$1.5M$10.8Msame sector · same stage
Asia Hawaii Health & Wellness Systems LlcOther TravelSeed$1.5M$2.7Msame sector · same stage
Second Porch, Inc.Other TravelSeed$1.7M$10.8Msame sector · same stage
Black Mountain Community CorpOther TravelSeed$1.8M$3.9Msame sector · same stage
850Nine, LLCOther TravelSeed$1.8M$3.0Msame sector · same stage
Cruzin Inc.Other TravelSeed$1.4M$10.0Msame sector · same stage
Closer Mobile, Inc.Other TravelSeed$1.4M$7.4Msame 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
Teardown Funding #1, LLCOtherSeed$31.8M86%
New Transport Technologies 2 LLCOther TravelPre-Seed$2.2M80%
LilyandMajor, LLCOther TravelPre-Seed$2.0M80%
Vacation Destinations, LLCHospitality / TravelSeries A$143.0M78%
Personal Airline Exchange, Inc.Other TravelSeed$6.9M78%
Heli Destinations 2, LlcOther TravelSeries A$47.5M77%
Giv Investors, LlcOther TravelSeed$8.3M77%
ENRJ-One, LLCOther TravelPre-Seed$5.8M77%
Frequently asked
How much funding has Teardown Funding #2,LLC raised?
Teardown Funding #2,LLC has raised approximately $1.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Teardown Funding #2,LLC's estimated valuation?
Provath's modeled valuation for Teardown Funding #2,LLC is approximately $5.7M (modeled range $1.3M–$20.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Teardown Funding #2,LLC at?
Teardown Funding #2,LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed May 31.
What does Teardown Funding #2,LLC do and where is it based?
Teardown Funding #2,LLC operates in the Other Travel sector, based in BREVARD.
Explore related

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