Companies · Manufacturing

Terwilliger Partners, LLC

PORTLAND · Manufacturing

Diligence memoA one-page analyst read on Terwilliger Partners, LLC — recommendation, valuation, rhythm, risks.
$95.0M
Total raised · real
5
Rounds
1.2×
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Wed Nov 28 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Terwilliger Partners, 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 manufacturing 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 Series C Manufacturing companies in 2016–2018 (12 peers) — value vs value, same stage and era.
  • Within the normal band (88% of peer median) for its niche.
Dormant
  • Last raise 7.6 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

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

Issuer-vehicle patternmedium confidence

Terwilliger Partners, 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
10.3 yr record
Peak capital year was 2018 with $107.6M across 3 filings.
Market position
ahead of 96% of Manufacturing peers
Capital scale is ahead of 96% of Manufacturing peers; modeled value is above 95% 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
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Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.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.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2018: $107.6M across 3 filings.
  • Largest single filing was $40.1M on 2018-11-28.
  • Filing rows sum to $133.7M, while canonical raised total is $95.0M; 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.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • 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 Manufacturing

Terwilliger Partners, LLC is one of 3256 Manufacturing companies tracked from PORTLAND. By capital raised it ranks among the largest (ahead of 96% of sector peers), and among the largest 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(b)
Reg D exemption
58
Investors (latest)
2014
Year incorporated
2018-11-28
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$125M$250M$375M$500MSeries A · 2016-03-01 Raised $6.2M (real) Modeled valuation $62M (est)Series A2016Series A · 2017-07-01 Raised $5.0M (real) Modeled valuation $50M (est)Series A2017Series A · 2017-07-20 Raised $2.1M (real) Modeled valuation $21M (est)Series A2017Series A · 2017-09-15 Raised $13M (real) Modeled valuation $128M (est)Series A2017Series B · 2018-05-25 Raised $34M (real) Modeled valuation $370M (est)Series B2018Series B · 2018-05-25 Raised $34M (real) Modeled valuation $370M (est)Series B2018Series C · 2018-11-28 Raised $40M (real) Modeled valuation $454M (est)Series C2018+$5.0M+$2.1M+$13M+$34M+$34M+$40MCumulative $134M

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$6.2M · 2016
Series A extension$5.0M · 2017
Series A extension$2.1M · 2017
Series A extension$12.8M · 2017
Series B$33.8M · 2018
Series B extension$33.8M · 2018
Series C$40.1M · 2018

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: 60%.

Modeled valuation trajectory
$454.0M
Base estimate est.
$158.2M
Conservative case
$1.2B
Upside case
$267.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Series A · modeled $61.9M · 2016-03-012016Series A · modeled $49.9M · 2017-07-01Series A · modeled $21.0M · 2017-07-20Series A · modeled $128.1M · 2017-09-15Series B · modeled $370.1M · 2018-05-25Series B · modeled $370.1M · 2018-05-25Series C · modeled $454.0M · 2018-11-282018
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
59% low · 92% high
1.14×/yr
Annual markup
1.30×/yr upside case
6.0 yr
Elapsed time used
7.6 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$34.6M/yr
Capital velocity
10.3 yr
On record since
2016
First round
7
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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) 47× above median
This company$95.0M
Sector median$2.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.8× of median
This company$40.1M
Sector median$47.3M
Modeled value — vs sector median (estimate, all stages) 38× above median
This company$454.0M
Sector median$12.0M

Raised more than 96% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #10 of 12.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Ford Motor Co · Series C Raised $96.0M · modeled $1.1B (est)Basilisk Holdings, Inc. · Series C Raised $86.0M · modeled $973.5M (est)Accu-Mold Holdings LLC · Series C Raised $82.5M · modeled $933.5M (est)Transcendia Topco Holdings, Inc. · Series C Raised $70.8M · modeled $801.5M (est)SixAxis, LLC · Series C Raised $48.6M · modeled $550.0M (est)Indus Holding Co · Series C Raised $53.1M · modeled $520.5M (est)Home Products International Inc · Series C Raised $87.8M · modeled $511.4M (est)PPA Holdings, Inc. · Series C Raised $44.5M · modeled $503.5M (est)Acushnet Holdings Corp. · Series C Raised $42.8M · modeled $483.7M (est)Funko Acquisition Holdings, L.L.C. · Series C Raised $107.2M · modeled $282.9M (est)WireCo WorldGroup (Cayman) Inc. · Series C Raised $63.3M · modeled $7.8M (est)Terwilliger Partners, LLC (this company) Raised $95.0M · modeled $454.0M (est)Terwilliger Partners, LLC
CompanyStageRaised · realValue · estvs peer med.
Ford Motor CoSeries C$96.0M$1.1B2.11×
Basilisk Holdings, Inc.Series C$86.0M$973.5M1.89×
Accu-Mold Holdings LLCSeries C$82.5M$933.5M1.81×
Transcendia Topco Holdings, Inc.Series C$70.8M$801.5M1.55×
SixAxis, LLCSeries C$48.6M$550.0M1.07×
Indus Holding CoSeries C$53.1M$520.5M1.01×
Home Products International IncSeries C$87.8M$511.4M0.99×
PPA Holdings, Inc.Series C$44.5M$503.5M0.98×
Acushnet Holdings Corp.Series C$42.8M$483.7M0.94×
Terwilliger Partners, LLC this companySeries C$95.0M$454.0M0.88×
Funko Acquisition Holdings, L.L.C.Series C$107.2M$282.9M0.55×
WireCo WorldGroup (Cayman) Inc.Series C$63.3M$7.8M0.02×
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$6.2M2016-03-01$28.2M$61.9M90%
Series A$5.0M2017-07-01$22.7M$49.9M90%
Series A$2.1M2017-07-20$9.5M$21.0M90%
Series A$12.8M2017-09-15$58.3M$128.1M90%
Series B$33.8M2018-05-25$187.5M$370.1M90%
Series B$33.8M2018-05-25$187.5M$370.1M90%
Series C$40.1M2018-11-28$267.5M$454.0M90%
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$6.2M2016-03-01
    • First recorded raise — entered as Series A.
    • 17 investors on this round.
  2. Series A$5.0M2017-07-01
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
  3. Series A$2.1M2017-07-20
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
  4. Series A$12.8M2017-09-15
    • Came back fast: 2 mo vs the ~12 mo sector norm.
    • Round 6.1× larger than the prior — scaling up.
    • Revenue band moved $1M–$5M → $5M–$25M.
    • 7 investors on this round.
  5. Series B$33.8M2018-05-25
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 15 investors on this round.
  6. Series B$33.8M2018-05-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 15 investors on this round.
  7. Series C$40.1M2018-11-28
    • Came back fast: 6 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 58 investors on this round.
Intelligence
2019 ~Q2
Modeled next raise · ~5mo cadence
$47.7M
Modeled next size est.range $40.1M$76.3M
1.2×
Last step-up
$34.6M/yr
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
David Thompson9 other2018-05
Nitin Khanna5 other2016-03
Boris Jordan1 other2018-11
Todd Goergen1 other2018-11
Amy McClintick2018-11
Amy Stephenson2018-11
Cameron Forni2018-05
Chris Essler2018-11
Nick Slinde2018-11
Registry & provenance

Terwilliger Partners, 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
1692831
SEC CIK
2014
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
Tevva Motors LtdManufacturingSeries C$94.5M$455.2Msame sector · same stage
Nova Electric Immobilization Devices PlcManufacturingSeries C$96.0M$503.9Msame sector · same stage
Miles Electric Vehicles IncManufacturingSeries C$96.6M$656.0Msame sector · same stage
Grace Shooting Services & Club Inc.ManufacturingSeries C$100.0M$664.7Msame sector · same stage
Malt-O-Meal CoManufacturingSeries C$100.0M$282.9Msame sector · same stage
eJoule International LtdManufacturingSeries C$88.8M$471.3Msame sector · same stage
Home Products International IncManufacturingSeries C$87.8M$511.4Msame sector · same stage
Funko Acquisition Holdings, L.L.C.ManufacturingSeries C$107.2M$282.9Msame 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
Terves, LLCManufacturingSeries A$49.9M89%
TTG Investors LLCManufacturingPre-Seed$8.3M85%
TPEG Donnelly Investors LLCManufacturingSeries A$91.5M84%
P&THE Manufacturing Acquisition LLCManufacturingPre-Seed$4.4M82%
Delta Millworks Holdings, LLCManufacturingPre-Seed$1.5M82%
Camden Timbers Holdings, LLCManufacturingSeries A$85.4M82%
CS Investment Holdings, LLCManufacturingSeries B$363.5M82%
Eagle Management Co LLCManufacturingSeed$12.8M81%
Frequently asked
How much funding has Terwilliger Partners, LLC raised?
Terwilliger Partners, LLC has raised approximately $95.0M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Terwilliger Partners, LLC's estimated valuation?
Provath's modeled valuation for Terwilliger Partners, LLC is approximately $454.0M (modeled range $158.2M–$1.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Terwilliger Partners, LLC at?
Terwilliger Partners, LLC's latest modeled financing stage is Series C. Its most recent recorded round closed around Wed Nov 28.
What does Terwilliger Partners, LLC do and where is it based?
Terwilliger Partners, LLC operates in the Manufacturing sector, based in PORTLAND.
Explore related

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