Companies · Agriculture

Enko Chem, Inc.

Mystic · Agriculture

Diligence memoA one-page analyst read on Enko Chem, Inc. — recommendation, valuation, rhythm, risks.
$127.2M
Total raised · real
3
Rounds
0.7×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Fri Jul 15 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Enko Chem, Inc. looks fair against its niche peers and is at-risk 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 1.03× the median modeled value of Series C Agriculture companies in 2022–2024 (17 peers) — value vs value, same stage and era.
  • Within the normal band (103% of peer median) for its niche.
At-risk
  • Last raise 4.0 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Enko Chem, Inc. is one of 1055 Agriculture companies tracked from Mystic. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest 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
13
Investors (latest)
2017
Year incorporated
2022-07-15
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$250M$500M$750M$1.0BSeries A · 2018-07-02 Raised $7.5M (real) Modeled valuation $65M (est)$7.5M$65MSeries A2018Series B · 2020-06-11 Raised $40M (real) Modeled valuation $380M (est)$40M$380MSeries B2020Series C · 2022-07-15 Raised $80M (real) Modeled valuation $624M (est)$80M$624MSeries C2022Series C · 2022-07-15 Raised $59M (real) Modeled valuation $461M (est)$59M$461MSeries C2022+$40M+$80M+$59MCumulative $186M

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
Series A$7.5M · 2018
Series B$39.7M · 2020
Series C$80.0M · 2022
Series C extension$59.1M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 60%.

Modeled valuation trajectory
$624.4M
Base estimate est.
$293.8M
Conservative case
$1.2B
Upside case
$533.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.

Series A · modeled $65.4M · 2018-07-022018Series B · modeled $379.7M · 2020-06-11Series C · modeled $624.4M · 2022-07-15Series C · modeled $461.2M · 2022-07-152022
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.12×/yr
Annual markup
1.29×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$31.5M/yr
Capital velocity
8.0 yr
On record since
2018
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) 58× above median
This company$127.2M
Sector median$2.2M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.3× above median
This company$59.1M
Sector median$45.2M
Modeled value — vs sector median (estimate, all stages) 53× above median
This company$624.4M
Sector median$11.9M

Raised more than 97% of sector peers (real $). Modeled value above 97% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) 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 #8 of 17.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)RTH Farms, LLP · Series C Raised $100.0M · modeled $777.8M (est)Open Blue Sea Farms, Inc. · Series C Raised $156.6M · modeled $741.9M (est)VISM Global Agro Invest Corp. · Series C Raised $100.0M · modeled $679.8M (est)Our Family Farm Llc · Series C Raised $100.0M · modeled $650.0M (est)Jingcaoyuan Holdings Inc · Series C Raised $100.0M · modeled $644.0M (est)Jialiang Holdings Ltd · Series C Raised $100.0M · modeled $638.6M (est)Jicaiba Holdings Ltd · Series C Raised $100.0M · modeled $631.1M (est)Green Waste Management LLC · Series C Raised $100.0M · modeled $608.0M (est)SunOpta Inc. · Series C Raised $197.3M · modeled $379.5M (est)NewLeaf Symbiotics, Inc. · Series C Raised $136.6M · modeled $311.8M (est)Sound Agriculture Co · Series C Raised $176.2M · modeled $138.4M (est)Enko Chem, Inc. (this company) Raised $127.2M · modeled $624.4M (est)Enko Chem, Inc.
CompanyStageRaised · realValue · estvs peer med.
RTH Farms, LLPSeries C$100.0M$777.8M1.28×
Open Blue Sea Farms, Inc.Series C$156.6M$741.9M1.22×
VISM Global Agro Invest Corp.Series C$100.0M$679.8M1.12×
Our Family Farm LlcSeries C$100.0M$650.0M1.07×
Jingcaoyuan Holdings IncSeries C$100.0M$644.0M1.06×
Jialiang Holdings LtdSeries C$100.0M$638.6M1.05×
Jicaiba Holdings LtdSeries C$100.0M$631.1M1.04×
Enko Chem, Inc. this companySeries C$127.2M$624.4M1.03×
Green Waste Management LLCSeries C$100.0M$608.0M1.00×
SunOpta Inc.Series C$197.3M$379.5M0.62×
NewLeaf Symbiotics, Inc.Series C$136.6M$311.8M0.51×
Sound Agriculture CoSeries C$176.2M$138.4M0.23×
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.
Series A$7.5M2018-07-02$34.1M$65.4M90%
Series B$39.7M2020-06-11$220.4M$379.7M90%
Series C$80.0M2022-07-15$533.3M$624.4M90%
Series C$59.1M2022-07-15$394.0M$461.2M90%
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. Series A$7.5M2018-07-02
    • First recorded raise — entered as Series A.
    • 4 investors on this round.
  2. Series B$39.7M2020-06-11
    • Raised again after 23 mo — slower than the ~11 mo sector norm.
    • Round 5.3× larger than the prior — scaling up.
    • 20 investors on this round.
  3. Series C$80.0M2022-07-15
    • Raised again after 25 mo — slower than the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 18 investors on this round.
  4. Series C$59.1M2022-07-15
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 13 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~16mo cadence
$59.1M
Modeled next size est.range $59.1M$94.5M
0.7×
Last step-up
$31.5M/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
David Jones18 other2022-07
David Wurzer6 other2022-07
Philip Austin4 other2018-07
Marijn Dekkers3 other2020-06
Spencer Maughan1 other2020-06
Thomas Meade1 other2022-07
Jacqueline Heard2018-07
Noor Shaker2022-07
Shahram Ebadollahi2022-07
STEFFEN HELMLING2018-07
Registry & provenance

Enko Chem, 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
1708830
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
Vestaron CorpAgricultureSeries C$144.0M$65.1Mnetwork1 shared operator · same sector · same stage
NewLeaf Symbiotics, Inc.AgricultureSeries C$136.6M$311.8Msame sector · same stage
Forever Oceans CorpAgricultureSeries C$149.2M$818.9Msame sector · same stage
Cresco Labs, LLCAgricultureSeries C$104.0M$987.7Msame sector · same stage
Open Blue Sea Farms, Inc.AgricultureSeries C$156.6M$741.9Msame sector · same stage
Hazel Technologies, Inc.AgricultureSeries C$102.6M$49.0Msame sector · same stage
Green Waste Management LLCAgricultureSeries C$100.0M$608.0Msame sector · same stage
Jialiang Holdings LtdAgricultureSeries C$100.0M$638.6Msame 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
Encina Farms, Inc.AgriculturePre-Seed$1.5M87%
Enviro.Farm Systems IncAgricultureSeed$6.4M87%
Cresco Labs Finco Ltd.AgricultureSeries C$802.1M83%
Vegalab, Inc.AgriculturePre-Seed$4.0M82%
Moku Foods Inc.AgricultureSeed$12.0M82%
Zea Biosciences CorpAgricultureSeed$3.6M82%
Cresco Labs, LLCAgricultureSeries C$987.7M82%
Unified Natural Product Solutions Inc.AgricultureSeries A$53.7M81%
Frequently asked
How much funding has Enko Chem, Inc. raised?
Enko Chem, Inc. has raised approximately $127.2M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Enko Chem, Inc.'s estimated valuation?
Provath's modeled valuation for Enko Chem, Inc. is approximately $624.4M (modeled range $293.8M–$1.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Enko Chem, Inc. at?
Enko Chem, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Jul 15.
What does Enko Chem, Inc. do and where is it based?
Enko Chem, Inc. operates in the Agriculture sector, based in Mystic.
Explore related

See where Enko Chem, 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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