Diligence memo · auto-generated · as of July 2, 2026
Growstone, Inc.
Growstone, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Growstone, Inc. operates in Manufacturing, based in SANTA FE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Growstone, Inc. has raised $12M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.5M on 2013-09-30.
Most recent recorded round closed around 2017-01-03.
Valuation (modeled)modeled
Provath models Growstone, Inc. at approximately $15M (range $1.1M–$115M). 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 Seed Manufacturing companies in 2016–2018 (141 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 7 months.
Last raise 9.5 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 81% of Manufacturing peers (3257 compared).
Modeled value ranks above 56% of those peers.
Closest niche peers: Bouldin Corp, Waterloo Sparkling Water Corp., Edelta, Inc., ProSteel Investment Holdings, LLC, ButterCup Bioplastic.
Peoplefiled
16 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.