Diligence memo · auto-generated · as of July 2, 2026
Theory Entertainment LLC
Theory Entertainment LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Theory Entertainment LLC operates in Media & Content, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Theory Entertainment LLC has raised $29M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $15M on 2013-10-07.
Most recent recorded round closed around 2016-11-29.
Valuation (modeled)modeled
Provath models Theory Entertainment LLC at approximately $188M (range $17M–$1.0B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.82× the median modeled value of Series A Media & Content companies in 2016–2018 (32 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 38 months.
Last raise 9.6 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Media & Content peers (1052 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Vertigo Media, Inc., Magna Entertainment Partners, L.P., Korea Content Platform, LLC, EX Studios, LLC, Vault Media Group, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.