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

Zen Beverage, LLC

Zen Beverage, LLC has raised $89M over 3 rounds; too few niche peers to rank its valuation yet.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Zen Beverage, LLC operates in Food & Beverage, based in Long Beach.

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

Capital & rounds (filed)filed

Zen Beverage, LLC has raised $89M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $33M on 2021-09-01.

Most recent recorded round closed around 2023-05-31.

Valuation (modeled)modeled

Provath models Zen Beverage, LLC at approximately $196M (range $60M–$431M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Historic cadence: a new round about every 6 months.

Last raise 3.1 yr ago; this sector typically re-raises about every 15 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round was 16.1× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 99% of Food & Beverage peers (567 compared).

Modeled value ranks above 96% of those peers.

Closest niche peers: Spirits Global Inc., MM Pizza Upper Holdings, LLC, Elite Beverage International, Inc..

Peoplefiled

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

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

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