Companies · Other

BrightFarms, Inc.

NEW YORK · Other

Diligence memoA one-page analyst read on BrightFarms, Inc. — recommendation, valuation, rhythm, risks.
$51.6M
Total raised · real
4
Rounds
2.1×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Tue Sep 20 2016 00:00:00 GMT+0000 (Coordinated Universal Time)

BrightFarms, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

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

Over-valued
  • Modeled value is 1.50× the median modeled value of Series B Other companies in 2016–2018 (298 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.8 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
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

BrightFarms, Inc. is one of 25008 Other companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 93% 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.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2011
Year incorporated
2016-09-20
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$250M$500M$750M$1.0BSeries A · 2011-12-09 Raised $4.3M (real) Modeled valuation $65M (est)$4.3M$65MSeries A2011Series A · 2013-12-05 Raised $3.2M (real) Modeled valuation $48M (est)$3.2M$48MSeries A2013Series A · 2015-10-13 Raised $14M (real) Modeled valuation $213M (est)$14M$213MSeries A2015Series B · 2016-09-20 Raised $30M (real) Modeled valuation $500M (est)$30M$500MSeries B2016+$3.2M+$14M+$30MCumulative $52M

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 A$4.3M · 2011
Series A extension$3.2M · 2013
Series A extension$14.1M · 2015
Series B$30.1M · 2016

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — 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
$500.1M
Base estimate est.
$75.2M
Conservative case
$1.9B
Upside case
$167.2M
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. Directional, not a quoted figure.

Series A · modeled $64.9M · 2011-12-092011Series A · modeled $48.0M · 2013-12-05Series A · modeled $212.9M · 2015-10-13Series B · modeled $500.1M · 2016-09-202016
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
6.0 yr
Elapsed time used
9.8 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$10.8M/yr
Capital velocity
14.6 yr
On record since
2011
First round
4
Rounds on file
How it compares to the market

Benchmarked against 25008 companies in Other. 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) 25× above median
This company$51.6M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.5× above median
This company$30.1M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 28× above median
This company$500.1M
Sector median$17.7M

Raised more than 93% of sector peers (real $). Modeled value above 94% 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 #47 of 298.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)EIP Investment Holdings, LLC · Series B Raised $40.0M · modeled $664.6M (est)HD MSouth Holdings, LLC · Series B Raised $39.7M · modeled $659.3M (est)Aston Holding Corp. · Series B Raised $39.6M · modeled $658.7M (est)AirClean Holdings, Inc. · Series B Raised $39.6M · modeled $658.2M (est)Westminster Virginia LP · Series B Raised $39.6M · modeled $657.9M (est)NextGen CCM, LLC · Series B Raised $39.5M · modeled $656.3M (est)Juvo Mobile Inc. · Series B Raised $44.4M · modeled $649.6M (est)Swordfish Holdings, L.P. · Series B Raised $58.7M · modeled $641.7M (est)Nexcore Holdings, LLC · Series B Raised $48.5M · modeled $637.1M (est)Champion Parent Corp · Series B Raised $37.7M · modeled $627.2M (est)ADT Investment LLC · Series B Raised $37.5M · modeled $623.2M (est)Marolina Outdoor Inc · Series B Raised $47.1M · modeled $623.1M (est)BrightFarms, Inc. (this company) Raised $51.6M · modeled $500.1M (est)BrightFarms, Inc.
CompanyStageRaised · realValue · estvs peer med.
EIP Investment Holdings, LLCSeries B$40.0M$664.6M2.00×
HD MSouth Holdings, LLCSeries B$39.7M$659.3M1.98×
Aston Holding Corp.Series B$39.6M$658.7M1.98×
AirClean Holdings, Inc.Series B$39.6M$658.2M1.98×
Westminster Virginia LPSeries B$39.6M$657.9M1.98×
NextGen CCM, LLCSeries B$39.5M$656.3M1.97×
Juvo Mobile Inc.Series B$44.4M$649.6M1.95×
Swordfish Holdings, L.P.Series B$58.7M$641.7M1.93×
Nexcore Holdings, LLCSeries B$48.5M$637.1M1.92×
Champion Parent CorpSeries B$37.7M$627.2M1.89×
ADT Investment LLCSeries B$37.5M$623.2M1.88×
Marolina Outdoor IncSeries B$47.1M$623.1M1.87×
BrightFarms, Inc. this companySeries B$51.6M$500.1M1.50×
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 A$4.3M2011-12-09$19.5M$64.9M85%
Series A$3.2M2013-12-05$14.4M$48.0M85%
Series A$14.1M2015-10-13$63.9M$212.9M85%
Series B$30.1M2016-09-20$167.2M$500.1M90%
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. Series A$4.3M2011-12-09
    • First recorded raise — entered as Series A.
    • 12 investors on this round.
  2. Series A$3.2M2013-12-05
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round 1.4× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 8 investors on this round.
  3. Series A$14.1M2015-10-13
    • Raised again after 22 mo — slower than the ~11 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 8 investors on this round.
  4. Series B$30.1M2016-09-20
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2018 ~Q2
Modeled next raise · ~19mo cadence
$64.4M
Modeled next size est.range $41.9M$103.1M
2.1×
Last step-up
$10.8M/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
Brian Robertson5 other2011-12
Gregory S. Oberholtzer2 other2015-10
Christian W.E. Haub1 other2013-12
Donald S. Phillips1 other2015-10
Neal Parikh1 other2013-12
Peter Grubstein1 other2011-12
Brian S.H. Rich2016-09
Christian Haub2011-12
Gregory S.H. Oberholtzer2016-09
Josh S.H. Norbury2016-09
Paul Lightfoot2011-12
Peter H. Grubstein2013-12
Peter S.H. Grubstein2016-09
Susan S.H. Shields2016-09
Theodore Caplow2011-12
Thomas Emmons2013-12
Tyler S.H. Newton2016-09
Registry & provenance

BrightFarms, 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
1537482
SEC CIK
2011
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
44 Pro Holdings, LLCOtherSeries B$25.0M$161.3Mnetwork2 shared operators · same sector · same stage
African Leadership (Mauritius) LtdOtherSeries B$51.7M$468.4Msame sector · same stage
Vascular Dynamics, Inc.OtherSeries B$51.4M$549.1Msame sector · same stage
Curse, Inc.OtherSeries B$52.4M$498.4Msame sector · same stage
Centro Media, Inc.OtherSeries B$52.8M$498.4Msame sector · same stage
Thrift Investors LpOtherSeries B$53.1M$432.0Msame sector · same stage
Rapid Ratings International IncOtherSeries B$53.7M$498.4Msame sector · same stage
Primo Water CorpOtherSeries B$49.5M$515.9Msame 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
Bright Greens, Inc.OtherPre-Seed$12.5M88%
Brightline, Inc.OtherSeries B$108.4M84%
Brightly Ventures, Inc.OtherPre-Seed$644K84%
Bright Green CorpOtherSeries A$22.3M84%
Brightside Legacy, LLCOtherPre-Seed$2.4M84%
Bright Path Ventures LLCOtherPre-Seed$22.0M83%
Bright Path Cosm, LLCOtherSeries A$20.8M83%
New AeroFarms, Inc.OtherSeries C$40.3M83%
Frequently asked
How much funding has BrightFarms, Inc. raised?
BrightFarms, Inc. has raised approximately $51.6M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is BrightFarms, Inc.'s estimated valuation?
Provath's modeled valuation for BrightFarms, Inc. is approximately $500.1M (modeled range $75.2M–$1.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is BrightFarms, Inc. at?
BrightFarms, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Tue Sep 20.
What does BrightFarms, Inc. do and where is it based?
BrightFarms, Inc. operates in the Other sector, based in NEW YORK.
Explore related

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