Companies · Agtech / Foodtech

Better Foods Inc.

SACRAMENTO · Agtech / Foodtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Better Foods Inc. — recommendation, valuation, rhythm, risks.
$1.5M
Total raised · real
1
Rounds
10.0×
Latest step-up
Top 52%
Sector rank · raised
Seed
Latest stage · inferred · Wed Dec 27 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Better Foods 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 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 0.78× the median modeled value of Seed Agtech / Foodtech companies in 2022–2024 (33 peers) — value vs value, same stage and era.
  • Within the normal band (78% of peer median) for its niche.
At-risk
  • Last raise 2.5 yr ago; this sector typically re-raises about every 14 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 Agtech / Foodtech

Better Foods Inc. is one of 481 Agtech / Foodtech companies tracked from SACRAMENTO. By capital raised it ranks mid-pack (ahead of 49% 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
1
Investors (latest)
2022
Year incorporated
2023-12-27
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 · 2023-12-27 Raised $1.5M (real) Modeled valuation $6.1M (est)$1.5M$6.1MSeed2023Series A · 2023-12-27 Raised $15M (real) Modeled valuation $64M (est)$15M$64MSeries A2023+$15MCumulative $16M

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$1.5M · 2023
Series A$15.0M · 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: 67%.

Modeled valuation trajectory
$6.1M
Base estimate est.
$1.3M
Conservative case
$18.8M
Upside case
$7.5M
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 agriculture sector profile. Directional, not a quoted figure.

Seed · modeled $6.1M · 2023-12-272023Series A · modeled $64.1M · 2023-12-272023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.36×/yr
Annual markup
1.79×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
0 mo
Avg between rounds
Capital velocity
2.5 yr
On record since
2023
First round
2
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) 0.4× of median
This company$1.5M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 9.4× above median
This company$15.0M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.5× of median
This company$6.1M
Sector median$12.2M

Raised more than 49% of sector peers (real $). Modeled value above 46% 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 #23 of 33.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Umaro Foods, Inc. · Seed Raised $3.0M · modeled $22.8M (est)Real Beauty Food, LLC · Seed Raised $3.5M · modeled $21.7M (est)Coro Foods, LLC · Seed Raised $8.7M · modeled $19.9M (est)Food Ready Inc. · Seed Raised $5.5M · modeled $17.8M (est)Agronomics Ltd · Seed Raised $4.6M · modeled $17.6M (est)Slingshot Coffee Company, L.L.C. · Seed Raised $5.3M · modeled $15.9M (est)All in Food PBC · Seed Raised $4.0M · modeled $14.4M (est)Kuehnle Agrosystems Inc · Seed Raised $8.8M · modeled $12.1M (est)Merch Farm, Llc · Seed Raised $1.6M · modeled $11.3M (est)Agriful Software, Inc. · Seed Raised $3.0M · modeled $11.1M (est)Fronen Foods, Inc. · Seed Raised $3.7M · modeled $9.2M (est)Crave Better Foods, LLC · Seed Raised $4.2M · modeled $9.2M (est)Better Foods Inc. (this company) Raised $1.5M · modeled $6.1M (est)Better Foods Inc.
CompanyStageRaised · realValue · estvs peer med.
Umaro Foods, Inc.Seed$3.0M$22.8M2.91×
Real Beauty Food, LLCSeed$3.5M$21.7M2.77×
Coro Foods, LLCSeed$8.7M$19.9M2.54×
Food Ready Inc.Seed$5.5M$17.8M2.27×
Agronomics LtdSeed$4.6M$17.6M2.25×
Slingshot Coffee Company, L.L.C.Seed$5.3M$15.9M2.03×
All in Food PBCSeed$4.0M$14.4M1.83×
Kuehnle Agrosystems IncSeed$8.8M$12.1M1.54×
Merch Farm, LlcSeed$1.6M$11.3M1.44×
Agriful Software, Inc.Seed$3.0M$11.1M1.41×
Fronen Foods, Inc.Seed$3.7M$9.2M1.18×
Crave Better Foods, LLCSeed$4.2M$9.2M1.18×
Better Foods Inc. this companySeed$1.5M$6.1M0.78×
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$1.5M2023-12-27$7.5M$6.1M90%
Series A$15.0M2023-12-27$68.2M$64.1M90%
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$1.5M2023-12-27
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Series A$15.0M2023-12-27
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 10.0× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
Modeled next raise
$45.0M
Modeled next size est.range $29.2M$72.0M
10.0×
Last step-up
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
Hyun Suk Song2023-12
Jung Hwan Sung2023-12
Yongwoo Hwan Kim2023-12
Registry & provenance

Better Foods 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
2007499
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
Fork Food Hub, L3CAgtech / FoodtechSeed$1.5M$7.6Msame sector · same stage
Genuine Food Lab, LlcAgtech / FoodtechSeed$1.5M$18.1Msame sector · same stage
Great Organic, Inc.Agtech / FoodtechSeed$1.5M$5.3Msame sector · same stage
Tc Farm IncAgtech / FoodtechSeed$1.5M$7.8Msame sector · same stage
Integrated Agriculture Systems, Inc.Agtech / FoodtechSeed$1.4M$14.0Msame sector · same stage
Green Organic Dutchman Holdings Ltd., TheAgtech / FoodtechSeed$1.6M$4.7Msame sector · same stage
Merch Farm, LlcAgtech / FoodtechSeed$1.6M$11.3Msame sector · same stage
Agri-Trak, Inc.Agtech / FoodtechSeed$1.4M$7.0Msame 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
Ando Food, Inc.Agtech / FoodtechSeries A$102.4M88%
Food Ready Inc.Agtech / FoodtechSeed$17.8M88%
Outstanding Foods, Inc.Agtech / FoodtechSeries B$164.0M88%
Farm One, Inc.Agtech / FoodtechSeed$24.1M87%
MyForest Foods Co.Agtech / FoodtechSeries C$23.7M87%
Freed Foods, Inc.Agtech / FoodtechSeries A$12.6M87%
Gooder Foods, Inc.Agtech / FoodtechSeries A$64.9M87%
Vitro Foods Inc.Agtech / FoodtechPre-Seed$3.8M87%
Frequently asked
How much funding has Better Foods Inc. raised?
Better Foods Inc. has raised approximately $1.5M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Better Foods Inc.'s estimated valuation?
Provath's modeled valuation for Better Foods Inc. is approximately $6.1M (modeled range $1.3M–$18.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Better Foods Inc. at?
Better Foods Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Dec 27.
What does Better Foods Inc. do and where is it based?
Better Foods Inc. operates in the Agtech / Foodtech sector, based in SACRAMENTO.
Explore related

See where Better Foods 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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