Companies · Manufacturing

Zevia Llc

Encino · Manufacturing

Diligence memoA one-page analyst read on Zevia Llc — recommendation, valuation, rhythm, risks.
$44.8M
Total raised · real
6
Rounds
1.0×
Latest step-up
Top 9%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jul 10 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Zevia Llc 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. Valuation uses the manufacturing sector profile.

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 2.40× the median modeled value of Series A Manufacturing companies in 2019–2021 (113 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.0 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Zevia Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
15.8 yr record
Peak capital year was 2019 with $12.0M across 1 filings.
Market position
ahead of 92% of Manufacturing peers
Capital scale is ahead of 92% of Manufacturing peers; modeled value is above 88% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2019: $12.0M across 1 filings.
  • Largest single filing was $12.0M on 2019-07-10.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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 Manufacturing

Zevia Llc is one of 3256 Manufacturing companies tracked from Encino. By capital raised it ranks among the largest (ahead of 92% 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
1
Investors (latest)
2019-07-10
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$50M$100M$150M$200MSeries A · 2010-09-23 Raised $6.7M (real) Modeled valuation $67M (est)$6.7M$67MSeries A2010Series A · 2012-02-24 Raised $5.5M (real) Modeled valuation $55M (est)$5.5M$55MSeries A2012Series A · 2012-08-03 Raised $1.5M (real) Modeled valuation $15M (est)$1.5M$15MSeries A2012Series A · 2013-05-06 Raised $7.3M (real) Modeled valuation $73M (est)$7.3M$73MSeries A2013Series A · 2015-03-06 Raised $12M (real) Modeled valuation $118M (est)$12M$118MSeries A2015Series A · 2019-07-10 Raised $12M (real) Modeled valuation $120M (est)$12M$120MSeries A2019+$5.5M+$1.5M+$7.3M+$12M+$12MCumulative $45M

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$6.7M · 2010
Series A extension$5.5M · 2012
Series A extension$1.5M · 2012
Series A extension$7.3M · 2013
Series A extension$11.8M · 2015
Series A extension$12.0M · 2019

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
$119.8M
Base estimate est.
$16.7M
Conservative case
$651.6M
Upside case
$54.5M
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 manufacturing sector profile. Directional, not a quoted figure.

Series A · modeled $67.0M · 2010-09-232010Series A · modeled $55.2M · 2012-02-24Series A · modeled $15.0M · 2012-08-03Series A · modeled $72.8M · 2013-05-06Series A · modeled $117.7M · 2015-03-06Series A · modeled $119.8M · 2019-07-102019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
56%
Survival probability
31% low · 77% high
1.26×/yr
Annual markup
1.58×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
21 mo
Avg between rounds
$5.1M/yr
Capital velocity
15.8 yr
On record since
2010
First round
6
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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) 22× above median
This company$44.8M
Sector median$2.0M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.3× above median
This company$12.0M
Sector median$5.3M
Modeled value — vs sector median (estimate, all stages) 10.0× above median
This company$119.8M
Sector median$12.0M

Raised more than 92% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 113.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)KPI Acquisition Co LLC · Series A Raised $14.3M · modeled $142.3M (est)Neon Parent, Inc. · Series A Raised $14.3M · modeled $137.3M (est)Novi Plast Trading SAS · Series A Raised $15.0M · modeled $134.5M (est)Inrange Systems Inc · Series A Raised $74.9M · modeled $132.8M (est)Anything Possible Investment, LLC · Series A Raised $14.4M · modeled $130.2M (est)Total Seal Investment Holdings, LLC · Series A Raised $12.2M · modeled $122.2M (est)New Primal LLC · Series A Raised $21.1M · modeled $117.7M (est)Freeli Foods LLC · Series A Raised $11.6M · modeled $115.7M (est)Wrightspeed, Inc. · Series A Raised $24.5M · modeled $114.3M (est)Kytosan USA Inc. · Series A Raised $14.0M · modeled $100.8M (est)Silverpeutics Inc. · Series A Raised $11.7M · modeled $100.6M (est)Zevia Llc (this company) Raised $44.8M · modeled $119.8M (est)Zevia Llc
CompanyStageRaised · realValue · estvs peer med.
KPI Acquisition Co LLCSeries A$14.3M$142.3M2.85×
Neon Parent, Inc.Series A$14.3M$137.3M2.75×
Novi Plast Trading SASSeries A$15.0M$134.5M2.69×
Inrange Systems IncSeries A$74.9M$132.8M2.66×
Anything Possible Investment, LLCSeries A$14.4M$130.2M2.61×
Total Seal Investment Holdings, LLCSeries A$12.2M$122.2M2.45×
Zevia Llc this companySeries A$44.8M$119.8M2.40×
New Primal LLCSeries A$21.1M$117.7M2.36×
Freeli Foods LLCSeries A$11.6M$115.7M2.32×
Wrightspeed, Inc.Series A$24.5M$114.3M2.29×
Kytosan USA Inc.Series A$14.0M$100.8M2.02×
Silverpeutics Inc.Series A$11.7M$100.6M2.01×
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$6.7M2010-09-23$30.5M$67.0M85%
Series A$5.5M2012-02-24$25.1M$55.2M85%
Series A$1.5M2012-08-03$6.8M$15.0M85%
Series A$7.3M2013-05-06$33.1M$72.8M85%
Series A$11.8M2015-03-06$53.5M$117.7M85%
Series A$12.0M2019-07-10$54.5M$119.8M90%
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. Series A$6.7M2010-09-23
    • First recorded raise — entered as Series A.
    • 14 investors on this round.
  2. Series A$5.5M2012-02-24
    • Raised 17 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved $1M–$5M → $5M–$25M.
    • 14 investors on this round.
  3. Series A$1.5M2012-08-03
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round 3.7× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  4. Series A$7.3M2013-05-06
    • Raised 9 mo later, in step with the ~12 mo sector norm.
    • Round 4.9× larger than the prior — scaling up.
    • 30 investors on this round.
  5. Series A$11.8M2015-03-06
    • Raised again after 22 mo — slower than the ~12 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 9 investors on this round.
  6. Series A$12.0M2019-07-10
    • Raised again after 52 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~21mo cadence
$12.2M
Modeled next size est.range $12.0M$19.6M
1.0×
Last step-up
$5.1M/yr
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
Brian McGuigan2 other2015-03
Padraic Spence2 other2010-09
Peter Schiff2 other2012-08
Rosemary Ripley2 other2012-08
Henry Wilson1 other2012-02
Jamie Gronowski1 other2019-07
Jamie Schiff1 other2019-07
Michael Hartman1 other2012-02
Richard Antonelli2012-02
Sheldon Zimbler2012-02
Registry & provenance

Zevia Llc 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
1436331
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
Physicians Formula, Inc.ManufacturingSeries A$8.0M$79.9Mnetwork1 shared operator · same sector · same stage
OrthoAccel Technologies, Inc.ManufacturingSeries A$48.2M$49.9Msame sector · same stage
Coolerado CorpManufacturingSeries A$34.8M$90.4Msame sector · same stage
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Tpi Composites, IncManufacturingSeries A$61.1M$99.9Msame sector · same stage
XZERES Corp.ManufacturingSeries A$28.0M$59.9Msame sector · same stage
Green Bay Packaging IncManufacturingSeries A$27.5M$131.2Msame sector · same stage
Inrange Systems IncManufacturingSeries A$74.9M$132.8Msame 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
Zev Technologies, Inc.ManufacturingSeed$36.8M91%
Arcadia, Inc.ManufacturingSeries A$73.8M80%
ZEVX, Inc.Other TechnologySeries B$150.0M80%
Canyon, LLCManufacturingPre-Seed$1.3M80%
Valaurum, Inc.ManufacturingSeed$4.8M79%
Renoun, LLCManufacturingPre-Seed$1.9M79%
Anada, Inc.ManufacturingSeed$12.5M78%
Roth Industries, LLCManufacturingSeed$2.1M78%
Frequently asked
How much funding has Zevia Llc raised?
Zevia Llc has raised approximately $44.8M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Zevia Llc's estimated valuation?
Provath's modeled valuation for Zevia Llc is approximately $119.8M (modeled range $16.7M–$651.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Zevia Llc at?
Zevia Llc's latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jul 10.
What does Zevia Llc do and where is it based?
Zevia Llc operates in the Manufacturing sector, based in Encino.
Explore related

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

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