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

FreshRealm, Inc.

FreshRealm, Inc. has raised $279M over 4 rounds; too few niche peers to rank its valuation yet.

SourceRaising on rhythm with a 1.7× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

FreshRealm, Inc. operates in Ecommerce / Retail, based in Lancaster. FreshRealm is revolutionizing the food system by making fresh food at scale possible. Discover our end-to-end solutions for fresh food manufacturers.

Sub-sector tags: ecommerce/retail.

Capital & rounds (filed)filed

FreshRealm, Inc. has raised $279M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $200M on 2022-07-15.

Most recent recorded round closed around 2025-03-11.

Valuation (modeled)modeled

Provath models FreshRealm, Inc. at approximately $156M (range $128M–$201M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Too few comparable companies in this niche to rank the valuation fairly yet.

Financing rhythm & timingmixed

Historic cadence: a new round about every 5 months.

Last raise 16 mo ago; this sector typically re-raises about every 12 months.

Slightly overdue versus sector cadence.

The last round stepped up 1.7× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 97% of Ecommerce / Retail peers (123 compared).

Modeled value ranks above 96% of those peers.

Peoplefiled

21 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.