Companies · Manufacturing

Anada, Inc.

MADISON · Manufacturing

Diligence memoA one-page analyst read on Anada, Inc. — recommendation, valuation, rhythm, risks.
$5.0M
Total raised · real
2
Rounds
1.2×
Latest step-up
Top 35%
Sector rank · raised
Seed
Latest stage · inferred · Wed Oct 18 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Anada, Inc. looks fair against its niche peers and is at-risk 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.

Fair
  • Modeled value is 1.48× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
  • Within the normal band (148% of peer median) for its niche.
At-risk
  • Last raise 2.7 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Anada, Inc. is one of 3256 Manufacturing companies tracked from MADISON. By capital raised it ranks mid-pack (ahead of 66% of sector peers), and mid-pack 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
12
Investors (latest)
2022
Year incorporated
2023-10-18
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$5.0M$10M$15M$20MSeed · 2023-06-16 Raised $2.2M (real) Modeled valuation $11M (est)$2.2M$11MSeed2023Seed · 2023-10-18 Raised $2.7M (real) Modeled valuation $13M (est)$2.7M$13MSeed2023+$2.7MCumulative $5.0M

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
Seed$2.2M · 2023
Seed extension$2.7M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$12.5M
Base estimate est.
$2.5M
Conservative case
$40.3M
Upside case
$13.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Seed · modeled $11.3M · 2023-06-162023Seed · modeled $12.5M · 2023-10-182023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
2.7 yr
Elapsed time used
2.7 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
4 mo
Avg between rounds
$14.6M/yr
Capital velocity
3.0 yr
On record since
2023
First round
2
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) 2.4× above median
This company$5.0M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.7× above median
This company$2.7M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 1.0× above median
This company$12.5M
Sector median$12.0M

Raised more than 66% of sector peers (real $). Modeled value above 52% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #41 of 161.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Three Rivers Preferred Group LLC · Seed Raised $4.0M · modeled $29.6M (est)Thelma's, L.L.C. · Seed Raised $3.8M · modeled $27.7M (est)Mills Products, LLC · Seed Raised $3.8M · modeled $26.2M (est)Unity Laundry Systems Corp · Seed Raised $4.0M · modeled $25.8M (est)Ohio Heat Holdings LLC · Seed Raised $3.8M · modeled $25.6M (est)VMC Acquisition Co LLC · Seed Raised $2.9M · modeled $21.7M (est)LightningCath, Inc. · Seed Raised $3.0M · modeled $21.6M (est)Smede Son Holding Co LLC · Seed Raised $3.6M · modeled $20.9M (est)Total Advantage LLC · Seed Raised $3.5M · modeled $20.4M (est)Applied Bioplastics Corp. · Seed Raised $4.0M · modeled $20.3M (est)World Matcha Inc. · Seed Raised $5.6M · modeled $19.7M (est)Cotsworks, Inc. · Seed Raised $2.9M · modeled $19.6M (est)Anada, Inc. (this company) Raised $5.0M · modeled $12.5M (est)Anada, Inc.
CompanyStageRaised · realValue · estvs peer med.
Three Rivers Preferred Group LLCSeed$4.0M$29.6M3.49×
Thelma's, L.L.C.Seed$3.8M$27.7M3.26×
Mills Products, LLCSeed$3.8M$26.2M3.09×
Unity Laundry Systems CorpSeed$4.0M$25.8M3.04×
Ohio Heat Holdings LLCSeed$3.8M$25.6M3.01×
VMC Acquisition Co LLCSeed$2.9M$21.7M2.56×
LightningCath, Inc.Seed$3.0M$21.6M2.55×
Smede Son Holding Co LLCSeed$3.6M$20.9M2.47×
Total Advantage LLCSeed$3.5M$20.4M2.40×
Applied Bioplastics Corp.Seed$4.0M$20.3M2.40×
World Matcha Inc.Seed$5.6M$19.7M2.32×
Cotsworks, Inc.Seed$2.9M$19.6M2.31×
Anada, Inc. this companySeed$5.0M$12.5M1.48×
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.
Seed$2.2M2023-06-16$11.1M$11.3M90%
Seed$2.7M2023-10-18$13.7M$12.5M90%
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. Seed$2.2M2023-06-16
    • First recorded raise — entered as Seed.
    • 5 investors on this round.
  2. Seed$2.7M2023-10-18
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 12 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~4mo cadence
$3.4M
Modeled next size est.range $2.7M$5.4M
1.2×
Last step-up
$14.6M/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
Benjamin Shaw2 other2023-10
David Rettig1 other2023-10
Ben Shaw2023-06
Chad Benson2023-06
Dave Rettig2023-06
Ron Heiman2023-06
Registry & provenance

Anada, Inc. 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
1913931
SEC CIK
2022
Incorporated
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
3Rc/Rhodes, LlcManufacturingSeed$5.0M$14.5Msame sector · same stage
Tygrus, LLCManufacturingSeed$5.1M$12.4Msame sector · same stage
Kudo Snacks Inc.ManufacturingSeed$4.7M$10.5Msame sector · same stage
Glavel, Inc.ManufacturingSeed$5.3M$13.0Msame sector · same stage
Pomp & Whimsy IncManufacturingSeed$5.4M$10.9Msame sector · same stage
Seal The Seasons, Inc.ManufacturingSeed$4.5M$14.7Msame sector · same stage
B Positive National Blood Services, LLCManufacturingSeed$4.5M$11.1Msame sector · same stage
Aeon Industries LLCManufacturingSeed$4.3M$10.2Msame 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
Dagda Technologies Inc.ManufacturingPre-Seed$9.1M85%
Peachicana Products Inc.ManufacturingPre-Seed$15.3M81%
TurbAero Group Pty LtdManufacturingSeed$2.7M81%
Aquai Technologies, Inc.ManufacturingPre-Seed$3.4M81%
Anaconda, INC.Other TechnologySeries A$51.1M80%
Okeanos Holdings, LlcManufacturingSeries A$9.1M80%
Fxd, LlcManufacturingPre-Seed$1.5M80%
Aviemore Technologies, Inc.ManufacturingPre-Seed$6.8M80%
Frequently asked
How much funding has Anada, Inc. raised?
Anada, Inc. has raised approximately $5.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Anada, Inc.'s estimated valuation?
Provath's modeled valuation for Anada, Inc. is approximately $12.5M (modeled range $2.5M–$40.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Anada, Inc. at?
Anada, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Oct 18.
What does Anada, Inc. do and where is it based?
Anada, Inc. operates in the Manufacturing sector, based in MADISON.
Explore related

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

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