Diligence memo · auto-generated · as of July 2, 2026
Driptech Inc
Driptech Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Driptech Inc operates in Agriculture, based in MOUNTAIN VIEW.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Driptech Inc has raised $12M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $6.1M on 2011-06-01.
Most recent recorded round closed around 2014-05-20.
Valuation (modeled)modeled
Provath models Driptech Inc at approximately $2.0M (range $291K–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.05× the median modeled value of Series A Agriculture companies in 2013–2015 (20 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 12 months.
Last raise 12.1 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 7.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 81% of Agriculture peers (1056 compared).
Modeled value ranks above 14% of those peers.
Closest niche peers: Gotham Greens Holdings, LLC, Sam Kane Beef Processors, LLC, Pinnacle Co-Invest, LLC, Stoney Ridge Ranch, L.P., Sweet Earth, Inc..
Peoplefiled
11 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.