Companies · Agriculture

Dry, Co

BOULDER · Agriculture

Diligence memoA one-page analyst read on Dry, Co — recommendation, valuation, rhythm, risks.
$513K
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 79%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Fri Jun 28 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Dry, Co looks fair 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.

Fair
  • Modeled value is 0.72× the median modeled value of Pre-Seed Agriculture companies in 2019–2021 (98 peers) — value vs value, same stage and era.
  • Within the normal band (72% of peer median) for its niche.
Dormant
  • Last raise 7.0 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 Agriculture

Dry, Co is one of 1055 Agriculture companies tracked from BOULDER. By capital raised it ranks in the long tail (ahead of 22% of sector peers), and in the long tail 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
No revenue
Issuer revenue
Rule 506(c)
Reg D exemption
2019
Year incorporated
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$50MPre-Seed · 2019-04-30 Raised $250K (real) Modeled valuation $3.3M (est)$250K$3.3MPre-Seed2019Pre-Seed · 2019-06-28 Raised $263K (real) Modeled valuation $3.5M (est)$263K$3.5MPre-Seed2019Seed · 2019-07-01 Raised $4.0M (real) Modeled valuation $43M (est)$4.0M$43MSeed2019Pre-Seed · 2019-07-01 Raised $250K (real) Modeled valuation $3.3M (est)$250K$3.3MPre-Seed2019+$263K+$4.0M+$250KCumulative $4.8M

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
Pre-Seed$250K · 2019
Pre-Seed extension$263K · 2019
Seed$4.0M · 2019
Bridge · Seed-stage$250K · 2019smaller follow-on

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$3.5M
Base estimate est.
$166K
Conservative case
$39.6M
Upside case
$1.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.3M · 2019-04-302019Pre-Seed · modeled $3.5M · 2019-06-28Seed · modeled $42.8M · 2019-07-01Pre-Seed · modeled $3.3M · 2019-07-012019
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.43×/yr
Annual markup
1.93×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
1 mo
Avg between rounds
Capital velocity
7.2 yr
On record since
2019
First round
4
Rounds on file
How it compares to the market

Benchmarked against 1055 companies in Agriculture. 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) 0.2× of median
This company$513K
Sector median$2.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.7× of median
This company$250K
Sector median$374K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$3.5M
Sector median$11.9M

Raised more than 22% of sector peers (real $). Modeled value above 24% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-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 #62 of 98.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Apex Farms Corp. · Pre-Seed Raised $1.0M · modeled $13.3M (est)Verdant Sciences International Inc. · Pre-Seed Raised $1.0M · modeled $13.3M (est)True Classic Production, LLC · Pre-Seed Raised $1.0M · modeled $13.3M (est)GreenTree Ag Ventures, LLC · Pre-Seed Raised $1.0M · modeled $13.3M (est)Westbrook Labs, Inc. · Pre-Seed Raised $1.0M · modeled $13.3M (est)Julita's Garden, LLC · Pre-Seed Raised $850K · modeled $11.3M (est)RiverRun Gardens LLC · Pre-Seed Raised $850K · modeled $11.3M (est)Colorado Hemp Works, Inc. · Pre-Seed Raised $800K · modeled $10.7M (est)Tiger Fiber, Inc. · Pre-Seed Raised $1.0M · modeled $10.4M (est)Ag Berry Corp Usa Llc · Pre-Seed Raised $809K · modeled $10.1M (est)CBD Global Sciences Inc. · Pre-Seed Raised $1.6M · modeled $10.0M (est)BP Veraison Topco, LP · Pre-Seed Raised $1.0M · modeled $9.8M (est)Dry, Co (this company) Raised $513K · modeled $3.5M (est)Dry, Co
CompanyStageRaised · realValue · estvs peer med.
Apex Farms Corp.Pre-Seed$1.0M$13.3M2.75×
Verdant Sciences International Inc.Pre-Seed$1.0M$13.3M2.75×
True Classic Production, LLCPre-Seed$1.0M$13.3M2.75×
GreenTree Ag Ventures, LLCPre-Seed$1.0M$13.3M2.75×
Westbrook Labs, Inc.Pre-Seed$1.0M$13.3M2.75×
Julita's Garden, LLCPre-Seed$850K$11.3M2.34×
RiverRun Gardens LLCPre-Seed$850K$11.3M2.34×
Colorado Hemp Works, Inc.Pre-Seed$800K$10.7M2.20×
Tiger Fiber, Inc.Pre-Seed$1.0M$10.4M2.14×
Ag Berry Corp Usa LlcPre-Seed$809K$10.1M2.09×
CBD Global Sciences Inc.Pre-Seed$1.6M$10.0M2.07×
BP Veraison Topco, LPPre-Seed$1.0M$9.8M2.03×
Dry, Co this companyPre-Seed$513K$3.5M0.72×
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.
Pre-Seed$250K2019-04-30$1.4M$3.3M90%
Pre-Seed$263K2019-06-28$1.5M$3.5M90%
Seed$4.0M2019-07-01$20.0M$42.8M90%
Pre-Seed$250K2019-07-01$1.4M$3.3M90%
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. Pre-Seed$250K2019-04-30
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$263K2019-06-28
    • Came back fast: 2 mo vs the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved No revenue → $0–$1M.
    • 6 investors on this round.
  3. Seed$4.0M2019-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 15.2× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → No revenue.
  4. Pre-Seed$250K2019-07-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 16.0× smaller than the prior — bridge or down round.
Intelligence
2019 ~Q3
Modeled next raise · ~1mo cadence
$250K
Modeled next size est.range $250K$400K
0.1×
Last step-up
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
Barry Gainsburg1 other2019-04
Jennifer Myung1 other2019-04
Rodney Thompson1 other2019-04
Jennifer Dziedzic2019-04
Val Dziedzic2019-06
Registry & provenance

Dry, Co 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
1772949
SEC CIK
2019
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
Cannaholdco, Inc.AgricultureSeed$2.0M$21.4Mnetwork3 shared operators · same sector
Mountain Holdings, LLC.AgriculturePre-Seed$525K$5.0Msame sector · same stage
Agrometrics, Inc.AgriculturePre-Seed$500K$6.7Msame sector · same stage
Alaska Natural Organics, Inc.AgriculturePre-Seed$500K$6.7Msame sector · same stage
Altius Farms, Inc.AgriculturePre-Seed$500K$2.7Msame sector · same stage
Bethesda Biomedical, Inc.AgriculturePre-Seed$500K$792Ksame sector · same stage
Black Horse Initiative, LLCAgriculturePre-Seed$500K$1.3Msame sector · same stage
Carolina Mountain Harvest LLCAgriculturePre-Seed$500K$792Ksame 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
Organically Grown CoAgricultureSeed$28.6M83%
Sound Agriculture CoAgricultureSeries C$138.4M79%
Agricultural Gas CoAgriculturePre-Seed$5.3M78%
Cream Co. LLCAgricultureSeries A$22.6M78%
LowCountry Gold, Inc.AgriculturePre-Seed$3.5M77%
Columbia Pulp I, LLCAgricultureSeries B$206.7M77%
Rappahannock Vineyards, L.L.CAgriculturePre-Seed$3.7M77%
Whitetail Creek Orchard, LLCAgricultureSeries C$296.3M77%
Frequently asked
How much funding has Dry, Co raised?
Dry, Co has raised approximately $513K in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Dry, Co's estimated valuation?
Provath's modeled valuation for Dry, Co is approximately $3.5M (modeled range $166K–$39.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Dry, Co at?
Dry, Co's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Fri Jun 28.
What does Dry, Co do and where is it based?
Dry, Co operates in the Agriculture sector, based in BOULDER.
Explore related

See where Dry, Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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