Companies · Food & Beverage

TRU Chocolate Inc.

Charlestown · Food & Beverage · refined from filed group “Other”

Diligence memoA one-page analyst read on TRU Chocolate Inc. — recommendation, valuation, rhythm, risks.→
$900K
Total raised · real
1
Rounds
—
Latest step-up
Top 39%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Sep 08 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

TRU Chocolate Inc. looks over-valued 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.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.54× the median modeled value of Pre-Seed Food & Beverage companies in 2016–2018 (72 peers) — value vs value, same stage and era.
Dormant
  • Last raise 8.8 yr ago; this sector typically re-raises about every 15 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
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 Food & Beverage

TRU Chocolate Inc. is one of 567 Food & Beverage companies tracked from Charlestown. By capital raised it ranks mid-pack (ahead of 62% 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
Rule 506(b)
Reg D exemption
5
Investors (latest)
2017
Year incorporated
2017-09-08
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$13M$25M$38M$50MPre-Seed · 2017-09-08 Raised $900K (real) Modeled valuation $21M (est)$900K$21MPre-Seed2017

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
Pre-Seed$900K · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$20.8M
Base estimate est.
$600K
Conservative case
$235.9M
Upside case
$5.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
30%
Survival probability
12% low · 55% high
1.55×/yr
Annual markup
2.10×/yr upside case
6.0 yr
Elapsed time used
8.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
9.1 yr
On record since
2017
First round
1
Rounds on file
How it compares to the market

Benchmarked against 567 companies in Food & Beverage. 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)▼ 0.8× of median
This company$900K
Sector median$1.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▲ 2.2× above median
This company$900K
Sector median$411K
Modeled value — vs sector median (estimate, all stages)▲ 2.0× above median
This company$20.8M
Sector median$10.6M

Raised more than 62% of sector peers (real $). Modeled value above 79% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) 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 #7 of 72.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Spring Creek Brewing Co LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Single Hill Brewing Co · Pre-Seed Raised $1.0M · modeled $23.1M (est)Full Circle Brewing, Co. Ltd. LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Joyland Brewing Company, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Door County Brewing Co., LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Smith Story Wine Cellars, LLC · Pre-Seed Raised $1.0M · modeled $23.1M (est)Dr. In The Kitchen, LLC · Pre-Seed Raised $800K · modeled $18.5M (est)PAB Neighborhood Kitchen #1, LLC · Pre-Seed Raised $1.4M · modeled $16.7M (est)3 Sons Brewing Co., LLC · Pre-Seed Raised $710K · modeled $16.4M (est)JOE CHOCOLATES Co · Pre-Seed Raised $705K · modeled $16.3M (est)Brown Water Spirits LLC · Pre-Seed Raised $700K · modeled $16.2M (est)TRU Chocolate Inc. (this company) Raised $900K · modeled $20.8M (est)TRU Chocolate Inc.
CompanyStageRaised · realValue · estvs peer med.
Spring Creek Brewing Co LLCPre-Seed$1.0M$23.1M2.83×
Single Hill Brewing CoPre-Seed$1.0M$23.1M2.83×
Full Circle Brewing, Co. Ltd. LLCPre-Seed$1.0M$23.1M2.83×
Joyland Brewing Company, LLCPre-Seed$1.0M$23.1M2.83×
Door County Brewing Co., LLCPre-Seed$1.0M$23.1M2.83×
Smith Story Wine Cellars, LLCPre-Seed$1.0M$23.1M2.83×
TRU Chocolate Inc. this companyPre-Seed$900K$20.8M2.54×
Dr. In The Kitchen, LLCPre-Seed$800K$18.5M2.26×
PAB Neighborhood Kitchen #1, LLCPre-Seed$1.4M$16.7M2.04×
3 Sons Brewing Co., LLCPre-Seed$710K$16.4M2.01×
JOE CHOCOLATES CoPre-Seed$705K$16.3M1.99×
Brown Water Spirits LLCPre-Seed$700K$16.2M1.98×
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.
Pre-Seed$900K2017-09-08$5.0M$20.8M90%
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. Pre-Seed$900K2017-09-08
    • First recorded raise — entered as Pre-Seed.
    • 5 investors on this round.
Intelligence
—
Modeled next raise
$1.4M
Modeled next size est.range $936K–$2.3M
—
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 Dahn—2 other2017-09
John Cappadona——2017-09
Robert Bergwall——2017-09
Registry & provenance

TRU Chocolate Inc. 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
1717662
SEC CIK
2017
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
JMC Cellars, LLCFood & BeveragePre-Seed$900K$5.5Msame sector · same stage
I & A Agave Spirits LLCFood & BeveragePre-Seed$910K$21.0Msame sector · same stage
Kleos Spirits, LLCFood & BeveragePre-Seed$885K$7.7Msame sector · same stage
Oak & Grist Distilling Co LLCFood & BeveragePre-Seed$884K$4.2Msame sector · same stage
Logboat Brewing Company, LLCFood & BeveragePre-Seed$863K$525Ksame sector · same stage
Patriarch Distillers LLCFood & BeveragePre-Seed$847K$19.6Msame sector · same stage
Belbridge Brewing Company, LlcFood & BeveragePre-Seed$975K$22.5Msame sector · same stage
Cardinal Spirits LLCFood & BeveragePre-Seed$976K$2.9Msame 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
Tru, Inc.OtherSeries A$22.8M88%
Tru Enterprises, LLCOtherSeed$37.3M86%
Chocolate Holdings, Inc.Food & BeverageSeries A$31.6M85%
Noteworthy Chocolates, LLCFood & BeveragePre-Seed$5.8M84%
Theo Chocolate, Inc.Food & BeverageSeries A$42.7M83%
Caramel, Inc.OtherSeries B$131.7M82%
Trumio Inc.OtherPre-Seed$1.5M81%
Uncommon Cacao, Inc.OtherSeed$2.2M81%
Frequently asked
How much funding has TRU Chocolate Inc. raised?
TRU Chocolate Inc. has raised approximately $900K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is TRU Chocolate Inc.'s estimated valuation?
Provath's modeled valuation for TRU Chocolate Inc. is approximately $20.8M (modeled range $600K–$235.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is TRU Chocolate Inc. at?
TRU Chocolate Inc.'s latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Sep 08.
What does TRU Chocolate Inc. do and where is it based?
TRU Chocolate Inc. operates in the Food & Beverage sector, based in Charlestown.
Explore related

See where TRU Chocolate Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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