Companies · Agriculture

Ascribe Bioscience Inc.

ITHACA · Agriculture

Diligence memoA one-page analyst read on Ascribe Bioscience Inc. — recommendation, valuation, rhythm, risks.
$22.9M
Total raised · real
4
Rounds
7.0×
Latest step-up
Top 12%
Sector rank · raised
Series B
Latest stage · inferred · Wed Oct 08 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Ascribe Bioscience Inc. looks fair against its niche peers and is active 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.

Fair
  • Modeled value is 1.00× the median modeled value of Series B Agriculture companies in 2025–2027 (9 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Active
  • Last raise 9 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
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 Agriculture

Ascribe Bioscience Inc. is one of 1055 Agriculture companies tracked from ITHACA. By capital raised it ranks in the upper tier (ahead of 89% 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.

biotech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
11
Investors (latest)
2021
Year incorporated
2025-10-08
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$25M$50M$75M$100MSeed · 2021-08-27 Raised $2.5M (real) Modeled valuation $19M (est)$2.5M$19MSeed2021Seed · 2022-07-29 Raised $3.2M (real) Modeled valuation $19M (est)$3.2M$19MSeed2022Seed · 2024-10-01 Raised $2.1M (real) Modeled valuation $6.8M (est)$2.1M$6.8MSeed2024Series B · 2025-10-08 Raised $15M (real) Modeled valuation $61M (est)$15M$61MSeries B2025+$3.2M+$2.1M+$15MCumulative $23M

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$2.5M · 2021
Seed extension$3.2M · 2022
Seed extension$2.1M · 2024
Series B$15.0M · 2025no Series A on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series A — 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
$60.7M
Base estimate est.
$35.7M
Conservative case
$85.2M
Upside case
$83.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.

Seed · modeled $19.2M · 2021-08-272021Seed · modeled $18.7M · 2022-07-29Seed · modeled $6.8M · 2024-10-01Series B · modeled $60.7M · 2025-10-082025
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
65%
Survival probability
43% low · 79% high
1.18×/yr
Annual markup
1.43×/yr upside case
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$5.6M/yr
Capital velocity
4.8 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1055 companies in Agriculture. 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) 10× above median
This company$22.9M
Sector median$2.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.9× of median
This company$15.0M
Sector median$17.4M
Modeled value — vs sector median (estimate, all stages) 5.1× above median
This company$60.7M
Sector median$11.9M

Raised more than 89% of sector peers (real $). Modeled value above 84% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #5 of 9.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0MCapital raised (log)California Reserve Flower, LLC · Series B Raised $30.0M · modeled $131.2M (est)Select Milk Producers, Inc. · Series B Raised $67.0M · modeled $126.8M (est)Local Bounti Corporation/DE · Series B Raised $40.3M · modeled $110.1M (est)VM Agritech Inc. · Series B Raised $36.1M · modeled $70.0M (est)M.N. Technology LLC · Series B Raised $30.8M · modeled $57.7M (est)Shenandoah Valley Organic, LLC · Series B Raised $83.1M · modeled $32.0M (est)Green Coffee Co Holdings, LLC · Series B Raised $61.3M · modeled $27.5M (est)Plant Path Inc. · Series B Raised $27.7M · modeled $13.9M (est)Ascribe Bioscience Inc. (this company) Raised $22.9M · modeled $60.7M (est)Ascribe Bioscience Inc.
CompanyStageRaised · realValue · estvs peer med.
California Reserve Flower, LLCSeries B$30.0M$131.2M2.16×
Select Milk Producers, Inc.Series B$67.0M$126.8M2.09×
Local Bounti Corporation/DESeries B$40.3M$110.1M1.81×
VM Agritech Inc.Series B$36.1M$70.0M1.15×
Ascribe Bioscience Inc. this companySeries B$22.9M$60.7M1.00×
M.N. Technology LLCSeries B$30.8M$57.7M0.95×
Shenandoah Valley Organic, LLCSeries B$83.1M$32.0M0.53×
Green Coffee Co Holdings, LLCSeries B$61.3M$27.5M0.45×
Plant Path Inc.Series B$27.7M$13.9M0.23×
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$2.5M2021-08-27$12.5M$19.2M90%
Seed$3.2M2022-07-29$15.9M$18.7M90%
Seed$2.1M2024-10-01$10.8M$6.8M90%
Series B$15.0M2025-10-08$83.4M$60.7M90%
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$2.5M2021-08-27
    • First recorded raise — entered as Seed.
    • 12 investors on this round.
  2. Seed$3.2M2022-07-29
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  3. Seed$2.1M2024-10-01
    • Raised again after 26 mo — slower than the ~11 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 5 investors on this round.
  4. Series B$15.0M2025-10-08
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 7.0× larger than the prior — scaling up.
    • 11 investors on this round.
Intelligence
2027 ~Q1
Modeled next raise · ~16mo cadence
$45.1M
Modeled next size est.range $29.3M$72.1M
7.0×
Last step-up
$5.6M/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
Alex Bondar2 other2021-08
Frank Schroeder1 other2021-08
Kyle Welborn1 other2021-08
Fred Gruis2025-10
Jay Farmer2021-08
Registry & provenance

Ascribe Bioscience 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
1882999
SEC CIK
2021
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
Agriworld Exchange, Inc.AgricultureSeries B$23.0M$82.5Msame sector · same stage
Veritas Farms, Inc.AgricultureSeries B$22.6M$16.6Msame sector · same stage
Inland Sea - Harlan LLCAgricultureSeries B$23.2M$83.4Msame sector · same stage
Alta Arbor Holdings, LLCAgricultureSeries B$21.5M$99.1Msame sector · same stage
Springworks Farm Maine, Inc.AgricultureSeries B$21.2M$16.2Msame sector · same stage
Pecan Grove Farms LLCAgricultureSeries B$25.1M$60.2Msame sector · same stage
Phytelligence, Inc.AgricultureSeries B$20.2M$23.9Msame sector · same stage
Chia Inc.AgricultureSeries B$27.5M$57.7Msame 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
Bioscience Americas, LLCBiotechnologySeries A$4.3M81%
Replicate Bioscience, Inc.BiotechnologySeries B$614.0M80%
FORAY bioscience, Inc.BiotechnologySeed$19.9M79%
MS Biotech Holdings, Inc.AgricultureSeries C$583.5M79%
FORE US Bio Inc.BiotechnologySeries C$243.2M79%
32 Biosciences, Inc.BiotechnologyPre-Seed$791K79%
Animal Biosciences, Inc.Biotech / PharmaSeed$31.6M79%
Ascyrus Medical, LLCBiotechnologySeries A$187.3M79%
Frequently asked
How much funding has Ascribe Bioscience Inc. raised?
Ascribe Bioscience Inc. has raised approximately $22.9M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Ascribe Bioscience Inc.'s estimated valuation?
Provath's modeled valuation for Ascribe Bioscience Inc. is approximately $60.7M (modeled range $35.7M–$85.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Ascribe Bioscience Inc. at?
Ascribe Bioscience Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Oct 08.
What does Ascribe Bioscience Inc. do and where is it based?
Ascribe Bioscience Inc. operates in the Agriculture sector, based in ITHACA.
Explore related

See where Ascribe Bioscience 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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