Diligence memo · auto-generated · as of July 2, 2026
Ceres, Inc.
Ceres, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Ceres, Inc. operates in Agriculture, based in THOUSAND OAKS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Ceres, Inc. has raised $35M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $20M on 2010-06-25.
Most recent recorded round closed around 2015-08-20.
Valuation (modeled)modeled
Provath models Ceres, Inc. at approximately $20M (range $5.0M–$77M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.34× the median modeled value of Series B Agriculture companies in 2013–2015 (8 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 21 months.
Last raise 10.9 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Agriculture peers (1056 compared).
Modeled value ranks above 63% of those peers.
Closest niche peers: Marrone Bio Innovations Inc, Coastal Group Intermediate Holdings, Llc, Just Greens, LLC, Pecan Grove Farms LLC, Chia Inc..
Peoplefiled
21 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.