Companies · Agriculture

Harpe Bioherbicide Solutions, Inc.

RALEIGH · Agriculture

Diligence memoA one-page analyst read on Harpe Bioherbicide Solutions, Inc. — recommendation, valuation, rhythm, risks.
$12.5M
Total raised · real
3
Rounds
9.7×
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Wed Apr 12 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Harpe Bioherbicide Solutions, Inc. looks over-valued against its niche peers and is at-risk 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.

Over-valued
  • Modeled value is 1.64× the median modeled value of Series A Agriculture companies in 2022–2024 (43 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.2 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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

Harpe Bioherbicide Solutions, Inc. is one of 1056 Agriculture companies tracked from RALEIGH. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and in the upper tier 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
31
Investors (latest)
2020
Year incorporated
2023-04-12
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$25M$50M$75M$100MPre-Seed · 2020-11-13 Raised $770K (real) Modeled valuation $9.0M (est)$770K$9.0MPre-Seed2020Seed · 2021-08-18 Raised $1.1M (real) Modeled valuation $8.5M (est)$1.1M$8.5MSeed2021Series A · 2023-04-12 Raised $11M (real) Modeled valuation $51M (est)$11M$51MSeries A2023+$1.1M+$11MCumulative $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
Pre-Seed$770K · 2020
Seed$1.1M · 2021
Series A$10.7M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$51.0M
Base estimate est.
$13.8M
Conservative case
$146.1M
Upside case
$48.5M
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.

Pre-Seed · modeled $9.0M · 2020-11-132020Seed · modeled $8.5M · 2021-08-18Series A · modeled $51.0M · 2023-04-122023
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
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$5.2M/yr
Capital velocity
5.6 yr
On record since
2020
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) 5.7× above median
This company$12.5M
Sector median$2.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.8× above median
This company$10.7M
Sector median$5.9M
Modeled value — vs sector median (estimate, all stages) 4.3× above median
This company$51.0M
Sector median$11.9M

Raised more than 81% of sector peers (real $). Modeled value above 82% 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 #7 of 43.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)IFC PNW Tree Fruit Holdings Manson LLC · Series A Raised $14.7M · modeled $89.1M (est)C5 Farming LLC · Series A Raised $11.0M · modeled $68.8M (est)LoMac Wolf Point Investors, LP · Series A Raised $9.5M · modeled $57.7M (est)White River Creston LLC · Series A Raised $14.5M · modeled $57.7M (est)IFC Southern Fruit Holdings LLC · Series A Raised $10.0M · modeled $57.4M (est)Edacious, PBC · Series A Raised $14.1M · modeled $51.7M (est)Rhode Island Grows Llc · Series A Raised $10.0M · modeled $50.3M (est)Vertical Harvest, Inc. · Series A Raised $8.3M · modeled $49.9M (est)Ivy & Karma, Inc. · Series A Raised $13.9M · modeled $49.7M (est)Tomato Jos, Inc. · Series A Raised $14.6M · modeled $48.1M (est)ProGro Bio Inc. · Series A Raised $7.0M · modeled $42.0M (est)Harpe Bioherbicide Solutions, Inc. (this company) Raised $12.5M · modeled $51.0M (est)Harpe Bioherbicide Solutions, Inc.
CompanyStageRaised · realValue · estvs peer med.
IFC PNW Tree Fruit Holdings Manson LLCSeries A$14.7M$89.1M2.87×
C5 Farming LLCSeries A$11.0M$68.8M2.21×
LoMac Wolf Point Investors, LPSeries A$9.5M$57.7M1.86×
White River Creston LLCSeries A$14.5M$57.7M1.85×
IFC Southern Fruit Holdings LLCSeries A$10.0M$57.4M1.85×
Edacious, PBCSeries A$14.1M$51.7M1.66×
Harpe Bioherbicide Solutions, Inc. this companySeries A$12.5M$51.0M1.64×
Rhode Island Grows LlcSeries A$10.0M$50.3M1.62×
Vertical Harvest, Inc.Series A$8.3M$49.9M1.60×
Ivy & Karma, Inc.Series A$13.9M$49.7M1.60×
Tomato Jos, Inc.Series A$14.6M$48.1M1.55×
ProGro Bio Inc.Series A$7.0M$42.0M1.35×
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.
Pre-Seed$770K2020-11-13$4.3M$9.0M90%
Seed$1.1M2021-08-18$5.5M$8.5M90%
Series A$10.7M2023-04-12$48.5M$51.0M90%
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. Pre-Seed$770K2020-11-13
    • First recorded raise — entered as Pre-Seed.
    • 16 investors on this round.
  2. Seed$1.1M2021-08-18
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 4 investors on this round.
  3. Series A$10.7M2023-04-12
    • Raised again after 20 mo — slower than the ~11 mo sector norm.
    • Round 9.7× larger than the prior — scaling up.
    • 31 investors on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~14mo cadence
$32.0M
Modeled next size est.range $20.8M$51.3M
9.7×
Last step-up
$5.2M/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
CHAD BROMMER2 other2020-11
DANIEL PEPITONE2 other2020-11
WILLIAM BUCKNER2 other2020-11
AIDAN CONNOLLY1 other2020-11
KIP TOM1 other2023-04
ROBB FRALEY1 other2023-04
Registry & provenance

Harpe Bioherbicide Solutions, 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
1833037
SEC CIK
2020
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
Harpe Holdings, Inc.AgriculturePre-Seed$1.5M$2.3Mnetwork6 shared operators · same sector
Termir, Inc.AgriculturePre-Seed$444K$5.9Mnetwork2 shared operators · same sector
Agrible, Inc.AgricultureSeries A$12.6M$88.8Msame sector · same stage
FBSciences Holdings, Inc.AgricultureSeries A$12.5M$26.9Msame sector · same stage
Plastomics Inc.AgricultureSeries A$12.7M$47.8Msame sector · same stage
Big Idea Holdings LlcAgricultureSeries A$12.7M$27.9Msame sector · same stage
PodPonics, Inc.AgricultureSeries A$12.8M$30.2Msame sector · same stage
Eden Food International Inc.AgricultureSeries A$13.0M$85.1Msame 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
Harpe Holdings, Inc.AgriculturePre-Seed$2.3M91%
Bioceres Crop Solutions Corp.AgricultureSeries A$120.8M84%
Silvec Biologics Inc.AgricultureSeed$1.2M83%
Midwestern BioAg, Inc.AgricultureSeries B$143.6M83%
AGRITX, Inc.AgricultureSeed$5.1M83%
Hobart Biosciences Holdings Inc.AgricultureSeed$39.7M83%
Ichor Microbial Solutions, Inc.AgriculturePre-Seed$1.7M83%
Cresco Labs Finco Ltd.AgricultureSeries C$802.1M82%
Frequently asked
How much funding has Harpe Bioherbicide Solutions, Inc. raised?
Harpe Bioherbicide Solutions, Inc. has raised approximately $12.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Harpe Bioherbicide Solutions, Inc.'s estimated valuation?
Provath's modeled valuation for Harpe Bioherbicide Solutions, Inc. is approximately $51.0M (modeled range $13.8M–$146.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Harpe Bioherbicide Solutions, Inc. at?
Harpe Bioherbicide Solutions, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Apr 12.
What does Harpe Bioherbicide Solutions, Inc. do and where is it based?
Harpe Bioherbicide Solutions, Inc. operates in the Agriculture sector, based in RALEIGH.
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