Companies · Agtech / Foodtech

Barfresh Food Group Inc.

LOS ANGELES · Agtech / Foodtech · refined from filed group “Other

Diligence memoA one-page analyst read on Barfresh Food Group Inc. — recommendation, valuation, rhythm, risks.
$52.4M
Total raised · real
12
Rounds
5.2×
Latest step-up
Top 6%
Sector rank · raised
Series A
Latest stage · inferred · Thu Mar 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Barfresh Food Group 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 1.26× the median modeled value of Series A Agtech / Foodtech companies in 2025–2027 (12 peers) — value vs value, same stage and era.
  • Within the normal band (126% of peer median) for its niche.
Active
  • Last raise 4 mo ago; this sector typically re-raises about every 14 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 Agtech / Foodtech

Barfresh Food Group Inc. is one of 481 Agtech / Foodtech companies tracked from LOS ANGELES. By capital raised it ranks among the largest (ahead of 95% 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
18
Investors (latest)
2026-03-05
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$100MPre-Seed · 2012-01-10 Raised $1000K (real) Modeled valuation $15M (est)Pre-Seed2012Pre-Seed · 2012-01-10 Raised $507K (real) Modeled valuation $7.6M (est)Pre-Seed2012Seed · 2013-07-26 Raised $1.9M (real) Modeled valuation $23M (est)Seed2013Seed · 2014-03-20 Raised $2.5M (real) Modeled valuation $30M (est)Seed2014Series A · 2014-11-14 Raised $5.5M (real) Modeled valuation $54M (est)Series A2014Series A · 2015-12-04 Raised $2.4M (real) Modeled valuation $24M (est)Series A2015Series A · 2016-02-16 Raised $5.9M (real) Modeled valuation $58M (est)Series A2016Series A · 2016-09-28 Raised $3.0M (real) Modeled valuation $29M (est)Series A2016Series A · 2016-11-23 Raised $10M (real) Modeled valuation $98M (est)Series A2016Series A · 2018-02-13 Raised $4.1M (real) Modeled valuation $40M (est)Series A2018Series A · 2021-05-24 Raised $6.7M (real) Modeled valuation $53M (est)Series A2021Series A · 2023-10-23 Raised $2.0M (real) Modeled valuation $9.1M (est)Series A2023Seed · 2023-10-23 Raised $1.4M (real) Modeled valuation $6.0M (est)Seed2023Series A · 2026-03-05 Raised $7.3M (real) Modeled valuation $18M (est)Series A2026Cumulative $54M

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
Pre-Seed$1000K · 2012
Pre-Seed extension$507K · 2012
Seed$1.9M · 2013
Seed extension$2.5M · 2014
Series A$5.5M · 2014
Series A extension$2.4M · 2015
Series A extension$5.9M · 2016
Series A extension$3.0M · 2016
Series A extension$10.0M · 2016
Series A extension$4.1M · 2018
Series A extension$6.7M · 2021
Series A extension$2.0M · 2023
Bridge · Series A-stage$1.4M · 2023smaller follow-on
Series A extension$7.3M · 2026

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$18.5M
Base estimate est.
$9.3M
Conservative case
$27.2M
Upside case
$33.1M
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 agriculture sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $15.0M · 2012-01-102012Pre-Seed · modeled $7.6M · 2012-01-10Seed · modeled $23.0M · 2013-07-26Seed · modeled $30.1M · 2014-03-20Series A · modeled $54.2M · 2014-11-14Series A · modeled $23.6M · 2015-12-04Series A · modeled $57.9M · 2016-02-16Series A · modeled $29.4M · 2016-09-28Series A · modeled $98.1M · 2016-11-23Series A · modeled $40.3M · 2018-02-13Series A · modeled $53.0M · 2021-05-24Series A · modeled $9.1M · 2023-10-23Seed · modeled $6.0M · 2023-10-23Series A · modeled $18.5M · 2026-03-052026
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.27×/yr
Annual markup
1.60×/yr upside case
0.3 yr
Elapsed time used
0.3 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$3.7M/yr
Capital velocity
14.5 yr
On record since
2012
First round
14
Rounds on file
How it compares to the market

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.

Total raised — vs sector median (real $, all stages) 16× above median
This company$52.4M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.5× above median
This company$7.3M
Sector median$5.0M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$18.5M
Sector median$12.2M

Raised more than 95% of sector peers (real $). Modeled value above 68% 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 #4 of 12.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Gruns Nutrition, Inc. · Series A Raised $21.1M · modeled $31.8M (est)Above Food Ingredients Inc. · Series A Raised $9.0M · modeled $28.7M (est)Laoban Foods Inc. · Series A Raised $12.1M · modeled $19.6M (est)4P Foods, Inc. PBC · Series A Raised $8.0M · modeled $17.2M (est)Dongfang Shangcai (Hong Kong) Agricultural Technology Ltd · Series A Raised $5.0M · modeled $15.5M (est)Territory Foods, Inc. · Series A Raised $57.4M · modeled $13.9M (est)Shunwang International Institute of Medicine & Food Homology Research Ltd · Series A Raised $5.0M · modeled $13.6M (est)Jiangsu Huidian Food Co., Ltd · Series A Raised $5.0M · modeled $13.4M (est)Nectar Foods, Inc. · Series A Raised $21.3M · modeled $9.8M (est)Olyra Foods Inc. · Series A Raised $12.5M · modeled $9.1M (est)Baco Foods Ltd · Series A Raised $9.2M · modeled $3.1M (est)Barfresh Food Group Inc. (this company) Raised $52.4M · modeled $18.5M (est)Barfresh Food Group Inc.
CompanyStageRaised · realValue · estvs peer med.
Gruns Nutrition, Inc.Series A$21.1M$31.8M2.16×
Above Food Ingredients Inc.Series A$9.0M$28.7M1.95×
Laoban Foods Inc.Series A$12.1M$19.6M1.33×
Barfresh Food Group Inc. this companySeries A$52.4M$18.5M1.26×
4P Foods, Inc. PBCSeries A$8.0M$17.2M1.17×
Dongfang Shangcai (Hong Kong) Agricultural Technology LtdSeries A$5.0M$15.5M1.05×
Territory Foods, Inc.Series A$57.4M$13.9M0.95×
Shunwang International Institute of Medicine & Food Homology Research LtdSeries A$5.0M$13.6M0.92×
Jiangsu Huidian Food Co., LtdSeries A$5.0M$13.4M0.91×
Nectar Foods, Inc.Series A$21.3M$9.8M0.66×
Olyra Foods Inc.Series A$12.5M$9.1M0.62×
Baco Foods LtdSeries A$9.2M$3.1M0.21×
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.
Pre-Seed$1000K2012-01-10$5.6M$15.0M85%
Pre-Seed$507K2012-01-10$2.8M$7.6M85%
Seed$1.9M2013-07-26$9.5M$23.0M85%
Seed$2.5M2014-03-20$12.5M$30.1M85%
Series A$5.5M2014-11-14$25.1M$54.2M85%
Series A$2.4M2015-12-04$10.9M$23.6M85%
Series A$5.9M2016-02-16$26.8M$57.9M85%
Series A$3.0M2016-09-28$13.6M$29.4M90%
Series A$10.0M2016-11-23$45.5M$98.1M90%
Series A$4.1M2018-02-13$18.7M$40.3M90%
Series A$6.7M2021-05-24$30.4M$53.0M90%
Series A$2.0M2023-10-23$9.3M$9.1M90%
Seed$1.4M2023-10-23$6.9M$6.0M90%
Series A$7.3M2026-03-05$33.1M$18.5M90%
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. Pre-Seed$1000K2012-01-10
    • First recorded raise — entered as Pre-Seed.
    • 28 investors on this round.
  2. Pre-Seed$507K2012-01-10
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 14 investors on this round.
  3. Seed$1.9M2013-07-26
    • Raised 18 mo later, in step with the ~14 mo sector norm.
    • Round 3.8× larger than the prior — scaling up.
    • 10 investors on this round.
  4. Seed$2.5M2014-03-20
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 18 investors on this round.
  5. Series A$5.5M2014-11-14
    • Came back fast: 8 mo vs the ~14 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 30 investors on this round.
  6. Series A$2.4M2015-12-04
    • Raised 13 mo later, in step with the ~14 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 24 investors on this round.
  7. Series A$5.9M2016-02-16
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 32 investors on this round.
  8. Series A$3.0M2016-09-28
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 27 investors on this round.
  9. Series A$10.0M2016-11-23
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 3.3× larger than the prior — scaling up.
    • 1 investor on this round.
  10. Series A$4.1M2018-02-13
    • Raised 15 mo later, in step with the ~14 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 13 investors on this round.
  11. Series A$6.7M2021-05-24
    • Raised again after 39 mo — slower than the ~14 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 11 investors on this round.
  12. Series A$2.0M2023-10-23
    • Raised again after 29 mo — slower than the ~14 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  13. Seed$1.4M2023-10-23
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 8 investors on this round.
  14. Series A$7.3M2026-03-05
    • Raised again after 28 mo — slower than the ~14 mo sector norm.
    • Round 5.2× larger than the prior — scaling up.
    • 18 investors on this round.
Intelligence
2027 ~Q2
Modeled next raise · ~13mo cadence
$21.8M
Modeled next size est.range $14.2M$34.9M
5.2×
Last step-up
$3.7M/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
ALEXANDER H. WARE1 other2016-09
Arnold Tinter1 other2012-01
Isabelle Ortiz-Cochet1 other2021-05
Joseph Cugine1 other2021-05
Justin Borus1 other2021-05
Alexander Ware2021-05
ALICE H. ELLIOT2016-09
Alice M. Elliot2014-11
ALICE S. ELLIOT2015-12
ARNOLD M. TINTER2016-09
ARNOLD S. TINTER2015-12
Isabelle H. Ortiz-Cochet2016-11
Joseph M. Cugine2014-11
JOSEPH S. TESORIERO2015-12
Lisa Roger2023-10
RICCARDO DELLE COSTE2012-01
Steven H. Lang2016-11
STEVEN LANG2012-01
STEVEN S. LANG2015-12
Registry & provenance

Barfresh Food Group 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
1487197
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
Territory Foods, Inc.Agtech / FoodtechSeries A$57.4M$13.9Msame sector · same stage
Agrios Global Holdings Ltd.Agtech / FoodtechSeries A$21.9M$4.1Msame sector · same stage
Nectar Foods, Inc.Agtech / FoodtechSeries A$21.3M$9.8Msame sector · same stage
Gruns Nutrition, Inc.Agtech / FoodtechSeries A$21.1M$31.8Msame sector · same stage
Hawthorne Food CoAgtech / FoodtechSeries A$20.5M$5.5Msame sector · same stage
Prairie Farms Dairy IncAgtech / FoodtechSeries A$19.5M$8.2Msame sector · same stage
Apollo Agriculture, Inc.Agtech / FoodtechSeries B$52.0M$40.4Msame sector
Fifty Foods Inc.Agtech / FoodtechSeries A$17.7M$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
Agrilogics Group, Inc.Agtech / FoodtechSeed$7.3M84%
Agrify CorpAgtech / FoodtechSeries B$130.9M83%
Sapor Food Group, Inc.Agtech / FoodtechSeed$3.0M82%
Systm Foods Inc.Agtech / FoodtechSeries B$93.9M82%
Agrisight Inc.Agtech / FoodtechSeries B$172.4M81%
CF Foods Group, Inc.Agtech / FoodtechPre-Seed$1.7M81%
International Agriculture Group, LLCAgtech / FoodtechSeed$8.8M81%
Partake Foods, Inc.Agtech / FoodtechSeries B$161.9M81%
Frequently asked
How much funding has Barfresh Food Group Inc. raised?
Barfresh Food Group Inc. has raised approximately $52.4M in disclosed capital across 12 recorded financing rounds, aggregated from public filings.
What is Barfresh Food Group Inc.'s estimated valuation?
Provath's modeled valuation for Barfresh Food Group Inc. is approximately $18.5M (modeled range $9.3M–$27.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Barfresh Food Group Inc. at?
Barfresh Food Group Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Mar 05.
What does Barfresh Food Group Inc. do and where is it based?
Barfresh Food Group Inc. operates in the Agtech / Foodtech sector, based in LOS ANGELES.
Explore related

See where Barfresh Food Group 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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