Diligence memo · auto-generated · as of July 3, 2026
Turnip Truck II, LLC
Turnip Truck II, LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Turnip Truck II, LLC operates in Telecommunications, based in ST. LOUIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Turnip Truck II, LLC has raised $3.0M 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: $3.0M on 2010-07-01.
Most recent recorded round closed around 2010-07-01.
Valuation (modeled)modeled
Provath models Turnip Truck II, LLC at approximately $65M (range $2.6M–$507M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.81× the median modeled value of Seed Telecommunications companies in 2010–2012 (53 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 16.0 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 46% of Telecommunications peers (929 compared).
Modeled value ranks above 64% of those peers.
Closest niche peers: Glt Enterra, Lp, Pavlov Media, Inc., Genband Inc., Edgecore Networks, Inc., Evolveip Holdings, Llc.
Peoplefiled
4 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.