Diligence memo · auto-generated · as of July 2, 2026
Dry, Co
Dry, Co looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Dry, Co operates in Agriculture, based in BOULDER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Dry, Co has raised $513K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $4.0M on 2019-07-01.
Most recent recorded round closed around 2019-06-28.
Valuation (modeled)modeled
Provath models Dry, Co at approximately $3.5M (range $166K–$40M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 1 months.
Last raise 7.0 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 16.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 22% of Agriculture peers (1056 compared).
Modeled value ranks above 24% of those peers.
Closest niche peers: Verdant Sciences International Inc., GreenTree Ag Ventures, LLC, Apex Farms Corp., True Classic Production, LLC, Westbrook Labs, Inc..
Peoplefiled
5 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.