Companies · Other Technology

Bowery Farming Inc.

NEW YORK · Other Technology · https://boweryfarming.com/

Diligence memoA one-page analyst read on Bowery Farming Inc. — recommendation, valuation, rhythm, risks.
$527.8M
Total raised · real
5
Rounds
10.2×
Latest step-up
Top 1%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Oct 25 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Bowery Farming Inc. looks under-valued 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 technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.56× the median modeled value of Series D+ Other Technology companies in 2022–2024 (75 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.7 yr ago; this sector typically re-raises about every 13 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 Other Technology

Bowery Farming Inc. is one of 21302 Other Technology companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

What grows here changes everything.

What grows here changes everything. Tech-powered farms that use resources responsibly Grown near cities, delivered at peak freshness year-round Food grown in communities, for communities, by communities By providing your email address, you agree to our Privacy Policy and Terms of Service . © 2022 Bowery Farming Inc. All Rights Reserved 151 W 26th St, 12th Floor, New York, NY 10001 By providing your email address, you agree to our Privacy Policy and Terms of Service .

Find Bowery Farming online

Trades publicly as Bowery Farming.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
38
Investors (latest)
2023-10-25
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$2.5B$5.0B$7.5B$10.0BSeries B · 2017-04-28 Raised $22M (real) Modeled valuation $675M (est)$22M$675MSeries B2017Series C · 2018-12-05 Raised $91M (real) Modeled valuation $2.9B (est)$91M$2.9BSeries C2018Series D+ · 2021-05-18 Raised $321M (real) Modeled valuation $8.1B (est)$321M$8.1BSeries D+2021Series D+ · 2021-05-18 Raised $246M (real) Modeled valuation $6.2B (est)$246M$6.2BSeries D+2021Series D+ · 2022-02-10 Raised $8.4M (real) Modeled valuation $177M (est)$8.4M$177MSeries D+2022Series D+ · 2023-10-25 Raised $85M (real) Modeled valuation $1.2B (est)$85M$1.2BSeries D+2023+$91M+$321M+$246M+$8.4M+$85MCumulative $773M

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
Series B$22.2M · 2017
Series C$91.0M · 2018
Series D+$320.7M · 2021
Series D+ extension$245.6M · 2021
Series D+ extension$8.4M · 2022
Series D+ extension$85.4M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, 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
$1.2B
Base estimate est.
$474.3M
Conservative case
$1.8B
Upside case
$711.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series B · modeled $675.4M · 2017-04-282017Series C · modeled $2.9B · 2018-12-05Series D+ · modeled $8.1B · 2021-05-18Series D+ · modeled $6.2B · 2021-05-18Series D+ · modeled $176.8M · 2022-02-10Series D+ · modeled $1.2B · 2023-10-252023
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
2.7 yr
Elapsed time used
2.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$81.3M/yr
Capital velocity
9.2 yr
On record since
2017
First round
6
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. 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) 166× above median
This company$527.8M
Sector median$3.2M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.7× of median
This company$85.4M
Sector median$115.0M
Modeled value — vs sector median (estimate, all stages) 31× above median
This company$1.2B
Sector median$37.3M

Raised more than 100% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) 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 #51 of 75.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Memphis Meats, Inc. · Series D+ Raised $611.2M · modeled $8.2B (est)Edgio, Inc. · Series D+ Raised $361.3M · modeled $6.4B (est)Siprocal, Inc · Series D+ Raised $380.0M · modeled $6.1B (est)PacketFabric, Inc. · Series D+ Raised $423.5M · modeled $5.9B (est)Guess & Co. Corp · Series D+ Raised $250.0M · modeled $5.2B (est)Skydio, Inc. · Series D+ Raised $323.4M · modeled $4.7B (est)BAM Management US Holdings Inc. · Series D+ Raised $216.8M · modeled $4.4B (est)Coalition, Inc. · Series D+ Raised $221.4M · modeled $4.2B (est)Alchemy Insights, Inc. · Series D+ Raised $352.1M · modeled $4.1B (est)Fetch Rewards, Inc. · Series D+ Raised $530.7M · modeled $3.9B (est)Matonee Inc. · Series D+ Raised $200.0M · modeled $3.8B (est)Lightmatter, Inc. · Series D+ Raised $527.2M · modeled $3.8B (est)Bowery Farming Inc. (this company) Raised $527.8M · modeled $1.2B (est)Bowery Farming Inc.
CompanyStageRaised · realValue · estvs peer med.
Memphis Meats, Inc.Series D+$611.2M$8.2B3.90×
Edgio, Inc.Series D+$361.3M$6.4B3.06×
Siprocal, IncSeries D+$380.0M$6.1B2.91×
PacketFabric, Inc.Series D+$423.5M$5.9B2.82×
Guess & Co. CorpSeries D+$250.0M$5.2B2.46×
Skydio, Inc.Series D+$323.4M$4.7B2.24×
BAM Management US Holdings Inc.Series D+$216.8M$4.4B2.11×
Coalition, Inc.Series D+$221.4M$4.2B2.02×
Alchemy Insights, Inc.Series D+$352.1M$4.1B1.95×
Fetch Rewards, Inc.Series D+$530.7M$3.9B1.85×
Matonee Inc.Series D+$200.0M$3.8B1.80×
Lightmatter, Inc.Series D+$527.2M$3.8B1.79×
Bowery Farming Inc. this companySeries D+$527.8M$1.2B0.56×
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.
Series B$22.2M2017-04-28$123.2M$675.4M90%
Series C$91.0M2018-12-05$606.9M$2.9B90%
Series D+$320.7M2021-05-18$2.7B$8.1B90%
Series D+$245.6M2021-05-18$2.0B$6.2B90%
Series D+$8.4M2022-02-10$70.0M$176.8M90%
Series D+$85.4M2023-10-25$711.7M$1.2B90%
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. Series B$22.2M2017-04-28
    • First recorded raise — entered as Series B.
    • 25 investors on this round.
  2. Series C$91.0M2018-12-05
    • Raised 19 mo later, in step with the ~13 mo sector norm.
    • Round 4.1× larger than the prior — scaling up.
    • 16 investors on this round.
  3. Series D+$320.7M2021-05-18
    • Raised again after 29 mo — slower than the ~13 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • 62 investors on this round.
  4. Series D+$245.6M2021-05-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× smaller than the prior — bridge or down round.
    • 55 investors on this round.
  5. Series D+$8.4M2022-02-10
    • Raised 9 mo later, in step with the ~13 mo sector norm.
    • Round 29.2× smaller than the prior — bridge or down round.
    • 9 investors on this round.
  6. Series D+$85.4M2023-10-25
    • Raised again after 20 mo — slower than the ~13 mo sector norm.
    • Round 10.2× larger than the prior — scaling up.
    • 38 investors on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~16mo cadence
$256.2M
Modeled next size est.range $166.5M$410.0M
10.2×
Last step-up
$81.3M/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
David Golden10 other2017-04
Hans Tung10 other2017-04
ROB HAYES8 other2017-04
Andy Wheeler5 other2018-12
Michael Lynton5 other2021-05
Irving Fain1 other2017-04
Spencer Lazar1 other2017-04
Christopher G. Livingston2023-10
Christopher Livingston2021-05
Darren G. Thompson2023-10
Darren Thompson2018-12
Sagar Bhadra2021-05
Sara G. Robling2023-10
Sara Robling2021-05
Registry & provenance

Bowery Farming 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
1655038
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.

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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
Tc Farm IncAgtech / FoodtechSeed$7.8M73%
Babylon Micro-Farms Inc.AgricultureSeed$20.4M73%
Lend Grow Inc.Other TechnologyPre-Seed$6.2M72%
Farm One, Inc.Agtech / FoodtechSeed$24.1M72%
Taylor Farms Retail, Inc.AgricultureSeries A$65.7M72%
Simple Farms LLCAgtech / FoodtechPre-Seed$2.5M72%
TKO Farms, Inc.AgriculturePre-Seed$5.3M72%
Change Foods, Inc.Agtech / FoodtechSeries A$93.6M72%
Frequently asked
How much funding has Bowery Farming Inc. raised?
Bowery Farming Inc. has raised approximately $527.8M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Bowery Farming Inc.'s estimated valuation?
Provath's modeled valuation for Bowery Farming Inc. is approximately $1.2B (modeled range $474.3M–$1.8B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Bowery Farming Inc. at?
Bowery Farming Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Oct 25.
What does Bowery Farming Inc. do and where is it based?
Bowery Farming Inc. operates in the Other Technology sector, based in NEW YORK. What grows here changes everything.
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