Diligence memo · auto-generated · as of July 3, 2026
Blue Star Foods Corp.
Blue Star Foods Corp. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Blue Star Foods Corp. operates in Agtech / Foodtech, based in MIAMI.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Blue Star Foods Corp. has raised $3.3M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.6M on 2021-06-17.
Most recent recorded round closed around 2021-06-17.
Valuation (modeled)modeled
Provath models Blue Star Foods Corp. at approximately $23M (range $2.2M–$139M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.68× the median modeled value of Seed Agtech / Foodtech companies in 2019–2021 (39 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 31 months.
Last raise 5.0 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 60% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 71% of those peers.
Closest niche peers: Hope Foods, LLC, Demers Food Group Inc., Cali'Flour Foods, LLC, KetoNatural Pet Foods, Inc., ElDo Organic, LLC.
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.