Companies · Agriculture

Finger Lakes Fish, Inc.

AUBURN · Agriculture

Diligence memoA one-page analyst read on Finger Lakes Fish, Inc. — recommendation, valuation, rhythm, risks.
$11.0M
Total raised · real
3
Rounds
4.0×
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Wed Feb 21 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Finger Lakes Fish, 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 1.04× the median modeled value of Series A Agriculture companies in 2022–2024 (43 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
At-risk
  • Last raise 2.4 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

Finger Lakes Fish, Inc. is one of 1056 Agriculture companies tracked from AUBURN. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and in the upper tier 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
6
Investors (latest)
2024-02-21
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$13M$25M$38M$50MPre-Seed · 2020-06-30 Raised $795K (real) Modeled valuation $11M (est)$795K$11MPre-Seed2020Seed · 2021-06-14 Raised $2.0M (real) Modeled valuation $17M (est)$2.0M$17MSeed2021Series A · 2024-02-21 Raised $8.2M (real) Modeled valuation $32M (est)$8.2M$32MSeries A2024+$2.0M+$8.2MCumulative $11M

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$795K · 2020
Seed$2.0M · 2021
Series A$8.2M · 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
$32.4M
Base estimate est.
$10.6M
Conservative case
$76.1M
Upside case
$37.1M
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 $10.6M · 2020-06-302020Seed · modeled $16.6M · 2021-06-14Series A · modeled $32.4M · 2024-02-212024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.24×/yr
Annual markup
1.56×/yr upside case
2.4 yr
Elapsed time used
2.4 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
22 mo
Avg between rounds
$3.0M/yr
Capital velocity
6.0 yr
On record since
2020
First round
3
Rounds on file
How it compares to the market

Benchmarked against 1056 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) 5.0× above median
This company$11.0M
Sector median$2.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.4× above median
This company$8.2M
Sector median$5.9M
Modeled value — vs sector median (estimate, all stages) 2.7× above median
This company$32.4M
Sector median$11.9M

Raised more than 81% of sector peers (real $). Modeled value above 73% 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 #18 of 43.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)IFC PNW Tree Fruit Holdings Manson LLC · Series A Raised $14.7M · modeled $89.1M (est)C5 Farming LLC · Series A Raised $11.0M · modeled $68.8M (est)LoMac Wolf Point Investors, LP · Series A Raised $9.5M · modeled $57.7M (est)White River Creston LLC · Series A Raised $14.5M · modeled $57.7M (est)IFC Southern Fruit Holdings LLC · Series A Raised $10.0M · modeled $57.4M (est)Edacious, PBC · Series A Raised $14.1M · modeled $51.7M (est)Harpe Bioherbicide Solutions, Inc. · Series A Raised $12.5M · modeled $51.0M (est)Rhode Island Grows Llc · Series A Raised $10.0M · modeled $50.3M (est)Vertical Harvest, Inc. · Series A Raised $8.3M · modeled $49.9M (est)Ivy & Karma, Inc. · Series A Raised $13.9M · modeled $49.7M (est)Tomato Jos, Inc. · Series A Raised $14.6M · modeled $48.1M (est)ProGro Bio Inc. · Series A Raised $7.0M · modeled $42.0M (est)Finger Lakes Fish, Inc. (this company) Raised $11.0M · modeled $32.4M (est)Finger Lakes Fish, Inc.
CompanyStageRaised · realValue · estvs peer med.
IFC PNW Tree Fruit Holdings Manson LLCSeries A$14.7M$89.1M2.87×
C5 Farming LLCSeries A$11.0M$68.8M2.21×
LoMac Wolf Point Investors, LPSeries A$9.5M$57.7M1.86×
White River Creston LLCSeries A$14.5M$57.7M1.85×
IFC Southern Fruit Holdings LLCSeries A$10.0M$57.4M1.85×
Edacious, PBCSeries A$14.1M$51.7M1.66×
Harpe Bioherbicide Solutions, Inc.Series A$12.5M$51.0M1.64×
Rhode Island Grows LlcSeries A$10.0M$50.3M1.62×
Vertical Harvest, Inc.Series A$8.3M$49.9M1.60×
Ivy & Karma, Inc.Series A$13.9M$49.7M1.60×
Tomato Jos, Inc.Series A$14.6M$48.1M1.55×
ProGro Bio Inc.Series A$7.0M$42.0M1.35×
Finger Lakes Fish, Inc. this companySeries A$11.0M$32.4M1.04×
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$795K2020-06-30$4.4M$10.6M90%
Seed$2.0M2021-06-14$10.2M$16.6M90%
Series A$8.2M2024-02-21$37.1M$32.4M90%
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$795K2020-06-30
    • First recorded raise — entered as Pre-Seed.
    • 15 investors on this round.
  2. Seed$2.0M2021-06-14
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round 2.6× larger than the prior — scaling up.
    • 7 investors on this round.
  3. Series A$8.2M2024-02-21
    • Raised again after 32 mo — slower than the ~11 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
    • 6 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~22mo cadence
$24.5M
Modeled next size est.range $15.9M$39.2M
4.0×
Last step-up
$3.0M/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
Richard Ducharme1 other2024-02
Robert G Tobin1 other2020-06
William Biggar1 other2024-02
Andre Bravo2024-02
Bryan Philip Gibson2021-06
Chris Perry2024-02
Daphne S. Mazarakis2020-06
Donald Grant2024-02
Edward Heslop2020-06
Edward S. Dunn2020-06
James S. Murphy2020-06
Michael Fabbro2024-02
Per Heggelund2024-02
Philip Bryan Gibson2020-06
Steve S. Koch2020-06
Registry & provenance

Finger Lakes Fish, 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
1817990
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
Double K Orchard, LLCAgricultureSeries A$10.6M$32.8Msame sector · same stage
Great Northern Salmon, Inc.AgricultureSeries A$10.6M$24.2Msame sector · same stage
Seven Sundays, LLCAgricultureSeries A$10.5M$27.5Msame sector · same stage
Blue Crop Group LLCAgricultureSeries A$10.4M$28.4Msame sector · same stage
Cream Co. LLCAgricultureSeries A$11.8M$22.6Msame sector · same stage
PowerPollen, Inc.AgricultureSeries A$10.2M$24.3Msame sector · same stage
AgZen Inc.AgricultureSeries A$10.0M$32.3Msame sector · same stage
JAT Industries LLCAgricultureSeries A$10.0M$23.8Msame 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
Pufferfish Ventures, LLCAgriculturePre-Seed$7.3M85%
Lionfish International, LLCAgricultureSeed$1.1M84%
North Lake Supply LLCAgricultureSeed$5.8M84%
Great Northern Salmon, Inc.AgricultureSeries A$24.2M83%
AquaOrganix CorpAgriculturePre-Seed$330K83%
US Catfish, LPAgricultureSeries A$61.0M83%
Taylor Farms Retail, Inc.AgricultureSeries A$65.7M83%
Midwestern BioAg, Inc.AgricultureSeries B$143.6M83%
Frequently asked
How much funding has Finger Lakes Fish, Inc. raised?
Finger Lakes Fish, Inc. has raised approximately $11.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Finger Lakes Fish, Inc.'s estimated valuation?
Provath's modeled valuation for Finger Lakes Fish, Inc. is approximately $32.4M (modeled range $10.6M–$76.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Finger Lakes Fish, Inc. at?
Finger Lakes Fish, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Feb 21.
What does Finger Lakes Fish, Inc. do and where is it based?
Finger Lakes Fish, Inc. operates in the Agriculture sector, based in AUBURN.
Explore related

See where Finger Lakes Fish, 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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