Companies · Agtech / Foodtech
Africa · Agtech / Foodtech
Diligence memoA one-page analyst read on Agricorp — recommendation, valuation, rhythm, risks.→Agricorp 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 agriculture sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
Agricorp is one of 481 Agtech / Foodtech companies tracked from Africa. By capital raised it ranks in the upper tier (ahead of 86% of sector peers), and among the largest by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
Nigerian startup Agricorp, which is utilising technology in a bid to become the largest spices exporter on the continent, has raised US$17.5 million in Series A funding to help it increase its production capacity to 7,000 metric tonnes.
Nigerian startup Agricorp, which is utilising technology in a bid to become the largest spices exporter on the continent, has raised US$17.5 million in Series A funding to help it increase its production capacity to 7,000 metric tonnes.
As reported in public records reported — not modeled.
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.
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.
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%.
Round size and date are reported; the stage label is inferred from round size (latest is Series A — a $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 481 companies in Agtech / Foodtech. 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.
Raised more than 86% of sector peers (real $). Modeled value above 92% of peers (estimate).
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 #2 of 34.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Hum Nutrition Inc. | Series A | $22.2M | $144.9M | 2.71× |
| Agricorp this company | Series A | $17.5M | $129.9M | 2.43× |
| Vive Organic, Inc. | Series A | $17.6M | $117.8M | 2.20× |
| Good Day Farm Missouri Holdings, LLC | Series A | $13.2M | $106.8M | 2.00× |
| Osiris Organics Inc. | Series A | $10.0M | $98.1M | 1.84× |
| Desert Bloom Food Ventures LLC | Series A | $9.4M | $89.4M | 1.67× |
| Tiny Organics, Inc. | Series A | $10.7M | $84.1M | 1.57× |
| Trifecta Nutrition, Inc. | Series A | $12.3M | $82.8M | 1.55× |
| Spero Foods, Inc. | Series A | $8.2M | $80.2M | 1.50× |
| Quinn Foods LLC | Series A | $13.7M | $77.4M | 1.45× |
| Foods United, Inc. | Series A | $7.5M | $73.6M | 1.38× |
| Pottsgrove Farms Inc | Series A | $7.5M | $68.1M | 1.27× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $17.5M | 2021-09-03 | $79.5M | $129.9M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
Agricorp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Vive Organic, Inc. | Agtech / Foodtech | Series A | $17.6M | $117.8M | same sector · same stage |
| Fifty Foods Inc. | Agtech / Foodtech | Series A | $17.7M | $10.2M | same sector · same stage |
| China Xiangtai Food Co., Ltd. | Agtech / Foodtech | Series A | $17.3M | $7.7M | same sector · same stage |
| High Quality Nutrition Co LLC | Agtech / Foodtech | Series A | $17.0M | $29.8M | same sector · same stage |
| Sensible Organics, Inc. | Agtech / Foodtech | Series A | $16.5M | $21.3M | same sector · same stage |
| Agritech Worldwide, Inc. | Agtech / Foodtech | Series A | $15.9M | $9.8M | same sector · same stage |
| Love Grown Foods, LLC | Agtech / Foodtech | Series A | $15.8M | $44.7M | same sector · same stage |
| Prairie Farms Dairy Inc | Agtech / Foodtech | Series A | $19.5M | $8.2M | same sector · same stage |
See where Agricorp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
If you work at Agricorp, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.
Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.