Companies · Agriculture

Great Northern Salmon, Inc.

CAPE ELIZABETH · Agriculture

Diligence memoA one-page analyst read on Great Northern Salmon, Inc. — recommendation, valuation, rhythm, risks.
$10.6M
Total raised · real
2
Rounds
3.1×
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Wed May 21 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Great Northern Salmon, Inc. looks fair against its niche peers and is active 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 1.38× the median modeled value of Series A Agriculture companies in 2025–2027 (16 peers) — value vs value, same stage and era.
  • Within the normal band (138% of peer median) for its niche.
Active
  • Last raise 13 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
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

Great Northern Salmon, Inc. is one of 1056 Agriculture companies tracked from CAPE ELIZABETH. By capital raised it ranks in the upper tier (ahead of 80% of sector peers), and mid-pack 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
19
Investors (latest)
2022
Year incorporated
2025-05-21
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$50MSeed · 2023-04-18 Raised $2.6M (real) Modeled valuation $12M (est)$2.6M$12MSeed2023Seed · 2023-04-18 Raised $2.6M (real) Modeled valuation $12M (est)$2.6M$12MSeed2023Series A · 2025-05-21 Raised $8.0M (real) Modeled valuation $24M (est)$8.0M$24MSeries A2025+$2.6M+$8.0MCumulative $13M

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
Seed$2.6M · 2023
Seed extension$2.6M · 2023
Series A$8.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$24.2M
Base estimate est.
$10.4M
Conservative case
$42.6M
Upside case
$36.3M
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.

Seed · modeled $12.3M · 2023-04-182023Seed · modeled $12.3M · 2023-04-18Series A · modeled $24.2M · 2025-05-212025
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
1.1 yr
Elapsed time used
1.1 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
13 mo
Avg between rounds
$5.0M/yr
Capital velocity
3.2 yr
On record since
2023
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) 4.8× above median
This company$10.6M
Sector median$2.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.4× above median
This company$8.0M
Sector median$5.9M
Modeled value — vs sector median (estimate, all stages) 2.0× above median
This company$24.2M
Sector median$11.9M

Raised more than 80% of sector peers (real $). Modeled value above 67% 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 #6 of 16.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Old West Water, Inc. · Series A Raised $15.0M · modeled $41.3M (est)AgZen Inc. · Series A Raised $10.0M · modeled $32.3M (est)Farmmi, Inc. · Series A Raised $17.5M · modeled $28.9M (est)Southwestern Livestock Leasing 2025, LLC · Series A Raised $10.0M · modeled $28.0M (est)PowerPollen, Inc. · Series A Raised $10.2M · modeled $24.3M (est)Cream Co. LLC · Series A Raised $11.8M · modeled $22.6M (est)Genvor Inc · Series A Raised $7.4M · modeled $18.8M (est)Calihan Processing Cooperative · Series A Raised $6.0M · modeled $16.3M (est)Millennial Potash Corp. · Series A Raised $4.9M · modeled $15.4M (est)Jane Eyre Investment Ltd · Series A Raised $5.0M · modeled $13.3M (est)Insignum AgTech, Inc. · Series A Raised $6.0M · modeled $12.9M (est)Great Northern Salmon, Inc. (this company) Raised $10.6M · modeled $24.2M (est)Great Northern Salmon, Inc.
CompanyStageRaised · realValue · estvs peer med.
Old West Water, Inc.Series A$15.0M$41.3M2.35×
AgZen Inc.Series A$10.0M$32.3M1.84×
Farmmi, Inc.Series A$17.5M$28.9M1.65×
Southwestern Livestock Leasing 2025, LLCSeries A$10.0M$28.0M1.60×
PowerPollen, Inc.Series A$10.2M$24.3M1.38×
Great Northern Salmon, Inc. this companySeries A$10.6M$24.2M1.38×
Cream Co. LLCSeries A$11.8M$22.6M1.29×
Genvor IncSeries A$7.4M$18.8M1.07×
Calihan Processing CooperativeSeries A$6.0M$16.3M0.93×
Millennial Potash Corp.Series A$4.9M$15.4M0.88×
Jane Eyre Investment LtdSeries A$5.0M$13.3M0.75×
Insignum AgTech, Inc.Series A$6.0M$12.9M0.73×
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.
Seed$2.6M2023-04-18$12.8M$12.3M90%
Seed$2.6M2023-04-18$12.8M$12.3M90%
Series A$8.0M2025-05-21$36.3M$24.2M90%
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. Seed$2.6M2023-04-18
    • First recorded raise — entered as Seed.
    • 18 investors on this round.
  2. Seed$2.6M2023-04-18
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 18 investors on this round.
  3. Series A$8.0M2025-05-21
    • Raised again after 25 mo — slower than the ~11 mo sector norm.
    • Round 3.1× larger than the prior — scaling up.
    • 19 investors on this round.
Intelligence
2026 ~Q2
Modeled next raise · ~13mo cadence
$24.0M
Modeled next size est.range $15.6M$38.4M
3.1×
Last step-up
$5.0M/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
Erik Anton Heim2023-04
Marianne Naess2023-04
William Anton Ginn2023-04
Registry & provenance

Great Northern Salmon, 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
2066356
SEC CIK
2022
Incorporated
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
Seven Sundays, LLCAgricultureSeries A$10.5M$27.5Msame sector · same stage
Blue Crop Group LLCAgricultureSeries A$10.4M$28.4Msame sector · same stage
PowerPollen, Inc.AgricultureSeries A$10.2M$24.3Msame sector · same stage
Finger Lakes Fish, Inc.AgricultureSeries A$11.0M$32.4Msame 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
Proponics, 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
Northern Feed & Bean, Inc.AgricultureSeries A$52.1M85%
Finger Lakes Fish, Inc.AgricultureSeries A$32.4M83%
North Lake Supply LLCAgricultureSeed$5.8M82%
Abbot's Butcher, Inc.AgriculturePre-Seed$6.3M82%
Pacific Hybreed, Inc.AgriculturePre-Seed$5.2M82%
Black Sheep Foods Inc.AgricultureSeed$27.3M81%
Salish Coast Enterprises, Inc.AgricultureSeries A$1.6M81%
Open Blue Sea Farms, Inc.AgricultureSeries C$742.1M81%
Frequently asked
How much funding has Great Northern Salmon, Inc. raised?
Great Northern Salmon, Inc. has raised approximately $10.6M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Great Northern Salmon, Inc.'s estimated valuation?
Provath's modeled valuation for Great Northern Salmon, Inc. is approximately $24.2M (modeled range $10.4M–$42.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Great Northern Salmon, Inc. at?
Great Northern Salmon, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed May 21.
What does Great Northern Salmon, Inc. do and where is it based?
Great Northern Salmon, Inc. operates in the Agriculture sector, based in CAPE ELIZABETH.
Explore related

See where Great Northern Salmon, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Great Northern Salmon, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.