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

TopGolf International, Inc.

TopGolf International, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

TopGolf International, Inc. operates in Other, based in DALLAS.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

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

Capital & rounds (filed)filed

TopGolf International, Inc. has raised $221M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).

Largest single filing: $52M on 2011-01-11.

Most recent recorded round closed around 2013-08-30.

Valuation (modeled)modeled

Provath models TopGolf International, Inc. at approximately $452M (range $102M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.53× the median modeled value of Series C Other companies in 2013–2015 (148 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 75 months.

Last raise 12.8 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 1.5× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 98% of Other peers (25015 compared).

Modeled value ranks above 94% of those peers.

Closest niche peers: Island Timberlands Finance Corp, Layne Christensen Co, Autotask Superior Holding, Inc., Creative Artists Agency Holdings LLC, Concord Resources Ltd.

Peoplefiled

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

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

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