Companies · Construction

Trop Properties, L.P.

ELIZABETHTOWN · Construction

Diligence memoA one-page analyst read on Trop Properties, L.P. — recommendation, valuation, rhythm, risks.
$8.5M
Total raised · real
1
Rounds
Latest step-up
Top 15%
Sector rank · raised
Series A
Latest stage · inferred

Trop Properties, L.P. looks fair against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the construction 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 0.69× the median modeled value of Series A Construction companies (164 peers) — value vs value, same stage and era.
  • Within the normal band (69% of peer median) for its niche.
Active
  • No dated round to assess.
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 Construction

Trop Properties, L.P. is one of 1338 Construction companies tracked from ELIZABETHTOWN. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and in the upper tier 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
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$13M$25M$38M$50MSeries A · Raised $8.5M (real) Modeled valuation $21M (est)$8.5M$21MSeries A

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$8.5M

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: 33%.

Modeled valuation trajectory
$21.3M
Base estimate est.
$11.6M
Conservative case
$29.0M
Upside case
$38.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the construction sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.16×/yr
Annual markup
1.46×/yr upside case
0.0 yr
Elapsed time used
0.0 yr actual, capped for stale marks
construction
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
56.5 yr
On record since
1970
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1338 companies in Construction. 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) 3.5× above median
This company$8.5M
Sector median$2.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.3× above median
This company$8.5M
Sector median$6.3M
Modeled value — vs sector median (estimate, all stages) 2.2× above median
This company$21.3M
Sector median$9.9M

Raised more than 86% of sector peers (real $). Modeled value above 80% of peers (estimate).

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$8.5M$38.7M$21.3M90%
Intelligence
Modeled next raise
$13.6M
Modeled next size est.range $8.9M$21.8M
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
David E. Dunn1 other
JoAnn E. Marchiori1 other
Joseph W. Silbaugh
Thomas S. Capello
Registry & provenance

Trop Properties, L.P. 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
1560278
SEC CIK
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
Strata/The Vue Satellite Beach LLCConstructionSeries A$8.5M$33.9Msame sector · same stage
2025 Amenity Holdings, LLCConstructionSeries A$8.6M$24.2Msame sector · same stage
Om Shyam Investment LlcConstructionSeries A$8.8M$25.2Msame sector · same stage
Ch 2024 LlcConstructionSeries A$8.2M$28.0Msame sector · same stage
Jacobs Engineering Group Inc /De/ConstructionSeries A$8.9M$5.0Msame sector · same stage
Shantiniketan-FL3B, LLCConstructionSeries A$9.0M$30.6Msame sector · same stage
Lake City Senior Investors LPConstructionSeries A$8.0M$20.0Msame sector · same stage
CVM Electric Holdings, LLCConstructionSeries A$9.1M$24.3Msame sector · same stage
Frequently asked
How much funding has Trop Properties, L.P. raised?
Trop Properties, L.P. has raised approximately $8.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Trop Properties, L.P.'s estimated valuation?
Provath's modeled valuation for Trop Properties, L.P. is approximately $21.3M (modeled range $11.6M–$29.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Trop Properties, L.P. at?
Trop Properties, L.P.'s latest modeled financing stage is Series A.
What does Trop Properties, L.P. do and where is it based?
Trop Properties, L.P. operates in the Construction sector, based in ELIZABETHTOWN.
Explore related

See where Trop Properties, L.P. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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