Diligence memo · auto-generated · as of July 2, 2026
Wet Beverages LLC
Wet Beverages LLC looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Wet Beverages LLC operates in Food & Beverage, based in LAS VEGAS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Wet Beverages LLC has raised $4.5M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.9M on 2023-06-29.
Most recent recorded round closed around 2024-03-21.
Valuation (modeled)modeled
Provath models Wet Beverages LLC at approximately $6.3M (range $1.2M–$18M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.80× the median modeled value of Seed Food & Beverage companies in 2022–2024 (25 peers) — value vs value, same stage and era. Within the normal band (80% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 2.3 yr ago; this sector typically re-raises about every 15 months.
Slightly overdue versus sector cadence.
The last round was 1.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 83% of Food & Beverage peers (567 compared).
Modeled value ranks above 58% of those peers.
Closest niche peers: Lucky Beverage Co., Day One Beverages, Inc., Pike Brewing Co, Belle Meade Spirits, LLC, Cafeteria Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.