Diligence memo · auto-generated · as of July 3, 2026
Five Friends Food, Inc.
Five Friends Food, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Five Friends Food, Inc. operates in Agtech / Foodtech, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Five Friends Food, Inc. has raised $800K 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: $610K on 2018-02-20.
Most recent recorded round closed around 2018-02-20.
Valuation (modeled)modeled
Provath models Five Friends Food, Inc. at approximately $9.1M (range $382K–$104M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.74× the median modeled value of Pre-Seed Agtech / Foodtech companies in 2016–2018 (32 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 29 months.
Last raise 8.4 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 41% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 54% of those peers.
Closest niche peers: Azahar Coffee Company, LLC, Galley Foods Inc., Bears Nutrition, Inc., Happy Day Food Group, Inc., Fresco Foods, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.