Companies · Agtech / Foodtech

Else Nutrition Holdings Inc.

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

Diligence memoA one-page analyst read on Else Nutrition Holdings Inc. — recommendation, valuation, rhythm, risks.
$7.6M
Total raised · real
5
Rounds
0.1×
Latest step-up
Top 28%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 05 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Else Nutrition Holdings Inc. looks under-valued against its niche peers and is quiet 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.

Under-valued
  • Modeled value is 0.02× the median modeled value of Series A Agtech / Foodtech companies in 2022–2024 (35 peers) — value vs value, same stage and era.
  • Issuer reports $5M–$25M revenue while modeled below niche peers.
Quiet
  • Last raise 24 mo ago; this sector typically re-raises about every 14 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Else Nutrition Holdings Inc. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
6.3 yr record
Peak capital year was 2022 with $34.4M across 5 filings.
Market position
ahead of 73% of Agtech / Foodtech peers
Capital scale is ahead of 73% of Agtech / Foodtech peers; modeled value is above 22% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2022: $34.4M across 5 filings.
  • Largest single filing was $10.3M on 2022-12-22.
  • Filing rows sum to $36.9M, while canonical raised total is $7.6M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
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

Else Nutrition Holdings Inc. is one of 481 Agtech / Foodtech companies tracked from SURREY. By capital raised it ranks in the upper tier (ahead of 73% 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
$5M–$25M
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2024-07-05
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$25M$50M$75M$100MPre-Seed · 2020-03-02 Raised $200K (real) Modeled valuation $3.0M (est)Pre-Seed2020Pre-Seed · 2020-10-06 Raised $970K (real) Modeled valuation $13M (est)Pre-Seed2020Series A · 2022-12-22 Raised $10M (real) Modeled valuation $56M (est)Series A2022Series A · 2022-12-22 Raised $9.7M (real) Modeled valuation $53M (est)Series A2022Series A · 2022-12-22 Raised $5.1M (real) Modeled valuation $28M (est)Series A2022Series A · 2022-12-22 Raised $8.1M (real) Modeled valuation $44M (est)Series A2022Seed · 2022-12-22 Raised $1.2M (real) Modeled valuation $6.7M (est)Seed2022Series A · 2024-05-07 Raised $1.2M (real) Modeled valuation $4.7M (est)Series A2024Series A · 2024-07-05 Raised $140K (real) Modeled valuation $529K (est)Series A2024+$970K+$10M+$9.7M+$5.1M+$8.1M+$1.2M+$1.2M+$140KCumulative $37M

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$200K · 2020
Pre-Seed extension$970K · 2020
Series A$10.3M · 2022no Seed on file
Series A extension$9.7M · 2022
Series A extension$5.1M · 2022
Series A extension$8.1M · 2022
Bridge · Series A-stage$1.2M · 2022smaller follow-on
Series A extension$1.2M · 2024
Series A extension$140K · 2024

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

Modeled valuation trajectory
$529K
Base estimate est.
$179K
Conservative case
$1.1M
Upside case
$636K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $3.0M · 2020-03-022020Pre-Seed · modeled $13.2M · 2020-10-06Series A · modeled $55.9M · 2022-12-22Series A · modeled $52.7M · 2022-12-22Series A · modeled $27.8M · 2022-12-22Series A · modeled $44.1M · 2022-12-22Seed · modeled $6.7M · 2022-12-22Series A · modeled $4.7M · 2024-05-07Series A · modeled $529K · 2024-07-052024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.27×/yr
Annual markup
1.60×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$1.8M/yr
Capital velocity
6.3 yr
On record since
2020
First round
9
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) 2.3× above median
This company$7.6M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$140K
Sector median$5.0M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$529K
Sector median$12.2M

Raised more than 73% of sector peers (real $). Modeled value above 22% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) 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 #35 of 35.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Change Foods, Inc. · Series A Raised $14.0M · modeled $93.6M (est)En-R-G Foods, Llc · Series A Raised $21.0M · modeled $93.2M (est)Farm Nashville, LLC · Series A Raised $15.0M · modeled $84.0M (est)RR Dairy LLC · Series A Raised $14.2M · modeled $78.6M (est)Gooder Foods, Inc. · Series A Raised $22.9M · modeled $64.9M (est)Hyfe Foods, Inc. · Series A Raised $13.0M · modeled $53.7M (est)Hedgehog Foods, Inc. · Series A Raised $12.8M · modeled $48.5M (est)Cella Farms Inc. · Series A Raised $8.0M · modeled $46.5M (est)AquaCultured Foods, Inc. · Series A Raised $7.7M · modeled $42.3M (est)Very Good Food Co Inc. · Series A Raised $6.5M · modeled $40.4M (est)Agronomed Capital LLC · Series A Raised $7.1M · modeled $39.4M (est)Verde Farms Holding, LLC · Series A Raised $10.0M · modeled $38.1M (est)Else Nutrition Holdings Inc. (this company) Raised $7.6M · modeled $529K (est)Else Nutrition Holdings Inc.
CompanyStageRaised · realValue · estvs peer med.
Change Foods, Inc.Series A$14.0M$93.6M3.26×
En-R-G Foods, LlcSeries A$21.0M$93.2M3.25×
Farm Nashville, LLCSeries A$15.0M$84.0M2.93×
RR Dairy LLCSeries A$14.2M$78.6M2.74×
Gooder Foods, Inc.Series A$22.9M$64.9M2.26×
Hyfe Foods, Inc.Series A$13.0M$53.7M1.87×
Hedgehog Foods, Inc.Series A$12.8M$48.5M1.69×
Cella Farms Inc.Series A$8.0M$46.5M1.62×
AquaCultured Foods, Inc.Series A$7.7M$42.3M1.47×
Very Good Food Co Inc.Series A$6.5M$40.4M1.41×
Agronomed Capital LLCSeries A$7.1M$39.4M1.37×
Verde Farms Holding, LLCSeries A$10.0M$38.1M1.33×
Else Nutrition Holdings Inc. this companySeries A$7.6M$529K0.02×
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$200K2020-03-02$1.1M$3.0M90%
Pre-Seed$970K2020-10-06$5.4M$13.2M90%
Series A$10.3M2022-12-22$46.7M$55.9M90%
Series A$9.7M2022-12-22$44.0M$52.7M90%
Series A$5.1M2022-12-22$23.2M$27.8M90%
Series A$8.1M2022-12-22$36.8M$44.1M90%
Seed$1.2M2022-12-22$6.0M$6.7M90%
Series A$1.2M2024-05-07$5.5M$4.7M90%
Series A$140K2024-07-05$636K$529K90%
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$200K2020-03-02
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$970K2020-10-06
    • Came back fast: 7 mo vs the ~14 mo sector norm.
    • Round 4.9× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Series A$10.3M2022-12-22
    • Raised again after 27 mo — slower than the ~14 mo sector norm.
    • Round 10.6× larger than the prior — scaling up.
    • Revenue band moved $0–$1M → $5M–$25M.
    • 1 investor on this round.
  4. Series A$9.7M2022-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  5. Series A$5.1M2022-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.9× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Series A$8.1M2022-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.6× larger than the prior — scaling up.
    • 1 investor on this round.
  7. Seed$1.2M2022-12-22
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 6.8× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  8. Series A$1.2M2024-05-07
    • Raised 16 mo later, in step with the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  9. Series A$140K2024-07-05
    • Came back fast: 2 mo vs the ~14 mo sector norm.
    • Round 8.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2025 ~Q1
Modeled next raise · ~7mo cadence
$140K
Modeled next size est.range $140K$224K
0.1×
Last step-up
$1.8M/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
SOKHIE PUAR5 other2020-03
Michael Azar2 other2020-03
Akash Bedi1 other2020-03
Eli Ronen1 other2020-03
Hamutal Yitzhak1 other2020-03
Reuben Halevi1 other2020-03
Satwinder Mann1 other2020-03
Uriel Kesler1 other2020-03
Yaki Lutski1 other2022-12
Ofer Barash2022-12
Shay Shamir2020-03
Registry & provenance

Else Nutrition Holdings 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
1807936
SEC CIK
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
Else Nutrition Holdings Inc.OtherPre-Seed$936K$1.6Mnetwork7 shared operators
AquaCultured Foods, Inc.Agtech / FoodtechSeries A$7.7M$42.3Msame sector · same stage
Zero Effort Nutrition L.P.Agtech / FoodtechSeries A$7.5M$35.8Msame sector · same stage
Event Farm, Inc.Agtech / FoodtechSeries A$7.8M$13.6Msame sector · same stage
4P Foods, Inc. PBCAgtech / FoodtechSeries A$8.0M$17.2Msame sector · same stage
Thrive Frozen Nutrition, Inc.Agtech / FoodtechSeries A$8.0M$2.0Msame sector · same stage
Cella Farms Inc.Agtech / FoodtechSeries A$8.0M$46.5Msame sector · same stage
Agronomed Capital LLCAgtech / FoodtechSeries A$7.1M$39.4Msame 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
AgTech Holdings, Inc.Agtech / FoodtechPre-Seed$9.8M88%
Northern Agri Holdings, LlcAgtech / FoodtechSeed$12.1M87%
Core Nutrition, LLCAgtech / FoodtechSeries B$416.9M87%
Grower's Organic Holdings, LLCAgtech / FoodtechSeed$5.4M86%
GSG Agri Holdings LLCAgtech / FoodtechSeries C$555.9M86%
Mend Nutrition Inc.Agtech / FoodtechSeries B$37.7M86%
Saco Foods Holdings, LLCAgtech / FoodtechSeries A$58.9M86%
Foods United, Inc.Agtech / FoodtechSeries A$73.6M85%
Frequently asked
How much funding has Else Nutrition Holdings Inc. raised?
Else Nutrition Holdings Inc. has raised approximately $7.6M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Else Nutrition Holdings Inc.'s estimated valuation?
Provath's modeled valuation for Else Nutrition Holdings Inc. is approximately $529K (modeled range $179K–$1.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Else Nutrition Holdings Inc. at?
Else Nutrition Holdings Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 05.
What does Else Nutrition Holdings Inc. do and where is it based?
Else Nutrition Holdings Inc. operates in the Agtech / Foodtech sector, based in SURREY.
Explore related

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

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