Diligence memo · auto-generated · as of July 2, 2026

Food Nerd Inc.

Food Nerd Inc. looks fair against its niche peers and is quiet on financing cadence.

SourceRaising on rhythm with a 2.0× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Food Nerd Inc. operates in Agtech / Foodtech, based in Amherst.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Food Nerd Inc. has raised $6.9M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $5.8M on 2024-04-23.

Most recent recorded round closed around 2024-04-23.

Valuation (modeled)modeled

Provath models Food Nerd Inc. at approximately $23M (range $7.5M–$52M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.80× the median modeled value of Series A Agtech / Foodtech companies in 2022–2024 (35 peers) — value vs value, same stage and era. Within the normal band (80% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 4 months.

Last raise 2.2 yr ago; this sector typically re-raises about every 14 months.

Slightly overdue versus sector cadence.

The last round stepped up 2.0× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 72% of Agtech / Foodtech peers (481 compared).

Modeled value ranks above 71% of those peers.

Closest niche peers: Change Foods, Inc., En-R-G Foods, Llc, Farm Nashville, LLC, RR Dairy LLC, Gooder Foods, Inc..

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.