Diligence memo · auto-generated · as of July 2, 2026
Freight Farms, Inc.
Freight Farms, Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Freight Farms, Inc. operates in Agtech / Foodtech, based in BOSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Freight Farms, Inc. has raised $36M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $18M on 2022-11-14.
Most recent recorded round closed around 2022-11-14.
Valuation (modeled)modeled
Provath models Freight Farms, Inc. at approximately $123M (range $41M–$300M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.00× the median modeled value of Series B Agtech / Foodtech companies in 2022–2024 (13 peers) — value vs value, same stage and era. Within the normal band (100% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 3.6 yr ago; this sector typically re-raises about every 14 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 3.2× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 93% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Good Day Farm Louisiana, LLC, Eclipse Foods Co, MUSH Foods Inc., Partake Foods, Inc., Bond Pet Foods, Inc..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.