Diligence memo · auto-generated · as of July 2, 2026
Toledo Pickle, LLC
Toledo Pickle, LLC looks over-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Toledo Pickle, LLC operates in Restaurants, based in SYLVANIA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Toledo Pickle, LLC has raised $3.4M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.4M on 2024-08-16.
Most recent recorded round closed around 2024-08-16.
Valuation (modeled)modeled
Provath models Toledo Pickle, LLC at approximately $7.2M (range $2.6M–$19M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.54× the median modeled value of Seed Restaurants companies in 2022–2024 (115 peers) — value vs value, same stage and era. Issuer reports no revenue, yet is modeled well above niche peers.
Financing rhythm & timingmixed
Last raise 23 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
Comparablesmixed
Capital scale ranks ahead of 80% of Restaurants peers (2292 compared).
Modeled value ranks above 78% of those peers.
Closest niche peers: Fourth St Corner Qozb Llc, Please FiDi, LLC, Gravity Heights Mission Valley, LP, Boba Guys Inc., Spiritless, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.