Diligence memo · auto-generated · as of July 2, 2026
Agrify Corp
Agrify Corp looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Agrify Corp operates in Agtech / Foodtech, based in ROLLING MEADOWS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Agrify Corp has raised $118M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $30M on 2025-05-22.
Most recent recorded round closed around 2025-05-22.
Valuation (modeled)modeled
Provath models Agrify Corp at approximately $131M (range $71M–$197M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.97× the median modeled value of Series B Agtech / Foodtech companies in 2025–2027 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 13 mo ago; this sector typically re-raises about every 14 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 1.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 99% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Kernel Foods, Inc., V2 Food Pty Ltd, Nara Organics, Inc., Mend Nutrition Inc., Voyage Foods Inc..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.