Companies · Agtech / Foodtech

Demers Food Group Inc.

AUBURN · Agtech / Foodtech · refined from filed group “Other

Diligence memoA one-page analyst read on Demers Food Group Inc. — recommendation, valuation, rhythm, risks.
$6.0M
Total raised · real
2
Rounds
1.8×
Latest step-up
Top 32%
Sector rank · raised
Seed
Latest stage · inferred · Mon May 18 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Demers Food Group 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. 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.

Over-valued
  • Modeled value is 3.37× the median modeled value of Seed Agtech / Foodtech companies in 2019–2021 (39 peers) — value vs value, same stage and era.
Dormant
  • Last raise 6.1 yr ago; this sector typically re-raises about every 14 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 Agtech / Foodtech

Demers Food Group Inc. is one of 481 Agtech / Foodtech companies tracked from AUBURN. By capital raised it ranks mid-pack (ahead of 69% of sector peers), and in the upper tier 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
12
Investors (latest)
2017
Year incorporated
2020-05-18
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$13M$25M$38M$50MSeed · 2018-03-28 Raised $2.2M (real) Modeled valuation $26M (est)$2.2M$26MSeed2018Seed · 2020-05-18 Raised $3.8M (real) Modeled valuation $46M (est)$3.8M$46MSeed2020+$3.8MCumulative $6.0M

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$2.2M · 2018
Seed extension$3.8M · 2020

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: 50%.

Modeled valuation trajectory
$46.1M
Base estimate est.
$3.2M
Conservative case
$362.1M
Upside case
$19.1M
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 $26.2M · 2018-03-282018Seed · modeled $46.1M · 2020-05-182020
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
6.0 yr
Elapsed time used
6.1 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
26 mo
Avg between rounds
$2.8M/yr
Capital velocity
8.3 yr
On record since
2018
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) 1.8× above median
This company$6.0M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 2.4× above median
This company$3.8M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 3.8× above median
This company$46.1M
Sector median$12.2M

Raised more than 69% of sector peers (real $). Modeled value above 82% 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 #2 of 39.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Hope Foods, LLC · Seed Raised $10.2M · modeled $48.2M (est)Cali'Flour Foods, LLC · Seed Raised $3.0M · modeled $36.2M (est)KetoNatural Pet Foods, Inc. · Seed Raised $3.3M · modeled $33.0M (est)ElDo Organic, LLC · Seed Raised $3.6M · modeled $32.8M (est)Formidable Foods, Inc. · Seed Raised $3.0M · modeled $28.7M (est)Misha'S Kind Foods, Inc. · Seed Raised $3.0M · modeled $28.0M (est)Ark Foods Group, Inc. · Seed Raised $3.0M · modeled $27.0M (est)Farm One, Inc. · Seed Raised $2.0M · modeled $24.1M (est)Blue Star Foods Corp. · Seed Raised $3.3M · modeled $23.0M (est)Fresh Prep Foods Inc. · Seed Raised $1.9M · modeled $22.4M (est)Hooray Foods, Inc. · Seed Raised $5.2M · modeled $22.2M (est)Demers Food Group Inc. (this company) Raised $6.0M · modeled $46.1M (est)Demers Food Group Inc.
CompanyStageRaised · realValue · estvs peer med.
Hope Foods, LLCSeed$10.2M$48.2M3.52×
Demers Food Group Inc. this companySeed$6.0M$46.1M3.37×
Cali'Flour Foods, LLCSeed$3.0M$36.2M2.64×
KetoNatural Pet Foods, Inc.Seed$3.3M$33.0M2.41×
ElDo Organic, LLCSeed$3.6M$32.8M2.40×
Formidable Foods, Inc.Seed$3.0M$28.7M2.10×
Misha'S Kind Foods, Inc.Seed$3.0M$28.0M2.05×
Ark Foods Group, Inc.Seed$3.0M$27.0M1.97×
Farm One, Inc.Seed$2.0M$24.1M1.76×
Blue Star Foods Corp.Seed$3.3M$23.0M1.68×
Fresh Prep Foods Inc.Seed$1.9M$22.4M1.64×
Hooray Foods, Inc.Seed$5.2M$22.2M1.62×
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$2.2M2018-03-28$10.9M$26.2M90%
Seed$3.8M2020-05-18$19.1M$46.1M90%
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$2.2M2018-03-28
    • First recorded raise — entered as Seed.
    • 16 investors on this round.
  2. Seed$3.8M2020-05-18
    • Raised again after 26 mo — slower than the ~14 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 12 investors on this round.
Intelligence
2022 ~Q3
Modeled next raise · ~26mo cadence
$6.7M
Modeled next size est.range $4.4M$10.8M
1.8×
Last step-up
$2.8M/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
Carl Lee2 other2018-03
John Maggiore1 other2018-03
Amanda Klane2018-03
Art Drogue2018-03
Jon Demers2018-03
Scott Demers2018-03
Registry & provenance

Demers Food Group 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
1736778
SEC CIK
2017
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
Forward Food, Inc.Agtech / FoodtechSeed$6.2M$3.1Msame sector · same stage
Tenayo Foods LLCAgtech / FoodtechSeed$6.3M$2.3Msame sector · same stage
Pure Simple Foods, LLCAgtech / FoodtechSeed$6.6M$3.1Msame sector · same stage
Food Ready Inc.Agtech / FoodtechSeed$5.5M$17.8Msame sector · same stage
Smart Farm Systems, Inc.Agtech / FoodtechSeed$5.5M$10.0Msame sector · same stage
Global Water Farms, Inc.Agtech / FoodtechSeed$5.3M$2.7Msame sector · same stage
Slingshot Coffee Company, L.L.C.Agtech / FoodtechSeed$5.3M$15.9Msame sector · same stage
Hooray Foods, Inc.Agtech / FoodtechSeed$5.2M$22.2Msame 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
D.D. Farms LLCAgtech / FoodtechPre-Seed$7.5M86%
Sapor Food Group, Inc.Agtech / FoodtechSeed$3.0M86%
Gooder Foods, Inc.Agtech / FoodtechSeries A$64.9M85%
Grower's Organic Holdings, LLCAgtech / FoodtechSeed$5.4M84%
International Agriculture Group, LLCAgtech / FoodtechSeed$8.8M84%
Outstanding Foods, Inc.Agtech / FoodtechSeries B$164.0M83%
Dimi Foods, Inc.Agtech / FoodtechPre-Seed$5.5M83%
Agrilogics Group, Inc.Agtech / FoodtechSeed$7.3M82%
Frequently asked
How much funding has Demers Food Group Inc. raised?
Demers Food Group Inc. has raised approximately $6.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Demers Food Group Inc.'s estimated valuation?
Provath's modeled valuation for Demers Food Group Inc. is approximately $46.1M (modeled range $3.2M–$362.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Demers Food Group Inc. at?
Demers Food Group Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon May 18.
What does Demers Food Group Inc. do and where is it based?
Demers Food Group Inc. operates in the Agtech / Foodtech sector, based in AUBURN.
Explore related

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