Companies · Manufacturing

Hemp Plastic Co

BOULDER · Manufacturing

Diligence memoA one-page analyst read on Hemp Plastic Co — recommendation, valuation, rhythm, risks.
$3.4M
Total raised · real
6
Rounds
0.6×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Thu May 04 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Hemp Plastic Co looks under-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 manufacturing sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.07× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.2 yr ago; this sector typically re-raises about every 12 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 Manufacturing

Hemp Plastic Co is one of 3256 Manufacturing companies tracked from BOULDER. By capital raised it ranks mid-pack (ahead of 60% of sector peers), and in the long tail 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(c)
Reg D exemption
3
Investors (latest)
2018
Year incorporated
2023-05-04
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$5.0M$10M$15M$20MPre-Seed · 2018-12-14 Raised $500K (real) Modeled valuation $7.6M (est)$500K$7.6MPre-Seed2018Pre-Seed · 2019-11-12 Raised $600K (real) Modeled valuation $9.2M (est)$600K$9.2MPre-Seed2019Seed · 2020-11-30 Raised $1.8M (real) Modeled valuation $19M (est)$1.8M$19MSeed2020Seed · 2022-02-22 Raised $250K (real) Modeled valuation $1.9M (est)$250K$1.9MSeed2022Seed · 2022-12-23 Raised $170K (real) Modeled valuation $994K (est)$170K$994KSeed2022Seed · 2023-05-04 Raised $110K (real) Modeled valuation $577K (est)$110K$577KSeed2023+$600K+$1.8M+$250K+$170K+$110KCumulative $3.4M

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$500K · 2018
Pre-Seed extension$600K · 2019
Seed$1.8M · 2020
Seed extension$250K · 2022
Seed extension$170K · 2022
Seed extension$110K · 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
$577K
Base estimate est.
$101K
Conservative case
$2.1M
Upside case
$550K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $7.6M · 2018-12-142018Pre-Seed · modeled $9.2M · 2019-11-12Seed · modeled $19.5M · 2020-11-30Seed · modeled $1.9M · 2022-02-22Seed · modeled $994K · 2022-12-23Seed · modeled $577K · 2023-05-042023
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$782K/yr
Capital velocity
7.5 yr
On record since
2018
First round
6
Rounds on file
How it compares to the market

Benchmarked against 3256 companies in Manufacturing. 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) 1.7× above median
This company$3.4M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$110K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.0× of median
This company$577K
Sector median$12.0M

Raised more than 60% of sector peers (real $). Modeled value above 3% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #158 of 161.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Three Rivers Preferred Group LLC · Seed Raised $4.0M · modeled $29.6M (est)Thelma's, L.L.C. · Seed Raised $3.8M · modeled $27.7M (est)Mills Products, LLC · Seed Raised $3.8M · modeled $26.2M (est)Unity Laundry Systems Corp · Seed Raised $4.0M · modeled $25.8M (est)Ohio Heat Holdings LLC · Seed Raised $3.8M · modeled $25.6M (est)VMC Acquisition Co LLC · Seed Raised $2.9M · modeled $21.7M (est)LightningCath, Inc. · Seed Raised $3.0M · modeled $21.6M (est)Smede Son Holding Co LLC · Seed Raised $3.6M · modeled $20.9M (est)Total Advantage LLC · Seed Raised $3.5M · modeled $20.4M (est)Applied Bioplastics Corp. · Seed Raised $4.0M · modeled $20.3M (est)World Matcha Inc. · Seed Raised $5.6M · modeled $19.7M (est)Cotsworks, Inc. · Seed Raised $2.9M · modeled $19.6M (est)Hemp Plastic Co (this company) Raised $3.4M · modeled $577K (est)Hemp Plastic Co
CompanyStageRaised · realValue · estvs peer med.
Three Rivers Preferred Group LLCSeed$4.0M$29.6M3.49×
Thelma's, L.L.C.Seed$3.8M$27.7M3.26×
Mills Products, LLCSeed$3.8M$26.2M3.09×
Unity Laundry Systems CorpSeed$4.0M$25.8M3.04×
Ohio Heat Holdings LLCSeed$3.8M$25.6M3.01×
VMC Acquisition Co LLCSeed$2.9M$21.7M2.56×
LightningCath, Inc.Seed$3.0M$21.6M2.55×
Smede Son Holding Co LLCSeed$3.6M$20.9M2.47×
Total Advantage LLCSeed$3.5M$20.4M2.40×
Applied Bioplastics Corp.Seed$4.0M$20.3M2.40×
World Matcha Inc.Seed$5.6M$19.7M2.32×
Cotsworks, Inc.Seed$2.9M$19.6M2.31×
Hemp Plastic Co this companySeed$3.4M$577K0.07×
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$500K2018-12-14$2.8M$7.6M90%
Pre-Seed$600K2019-11-12$3.3M$9.2M90%
Seed$1.8M2020-11-30$9.0M$19.5M90%
Seed$250K2022-02-22$1.3M$1.9M90%
Seed$170K2022-12-23$850K$994K90%
Seed$110K2023-05-04$550K$577K90%
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$500K2018-12-14
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$600K2019-11-12
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • Revenue band moved No revenue → $0–$1M.
    • 5 investors on this round.
  3. Seed$1.8M2020-11-30
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
  4. Seed$250K2022-02-22
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 7.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Seed$170K2022-12-23
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Seed$110K2023-05-04
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 3 investors on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~11mo cadence
$110K
Modeled next size est.range $110K$176K
0.6×
Last step-up
$782K/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
Glen Kayll2 other2019-11
Brendan Collins1 other2020-11
Darren Gore2020-11
Francine Ettenson2018-12
Glen Kayl2020-11
Greg Dean2020-11
Kevin Tubbs2018-12
Paul Benhaim2018-12
Registry & provenance

Hemp Plastic Co 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
1762165
SEC CIK
2018
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
Modular Green Management Headquarters, LlcManufacturingSeed$3.5M$576Ksame sector · same stage
Bedson Drum Co.ManufacturingSeed$3.5M$711Ksame sector · same stage
Big Easy Blends, L.L.C.ManufacturingSeed$3.4M$1.2Msame sector · same stage
Charron Favreau, SPCManufacturingSeed$3.3M$1.2Msame sector · same stage
Manticorp, LLCManufacturingSeed$3.7M$569Ksame sector · same stage
Half Full Brewery, Inc.ManufacturingSeed$3.8M$1.4Msame sector · same stage
Capstone Companies, Inc.ManufacturingSeed$3.1M$1.6Msame sector · same stage
Portland Pet Food CoManufacturingSeed$4.1M$1.8Msame 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
Hemp Synergistics LLCManufacturingSeed$18.4M89%
Empire Hemp Co.ManufacturingPre-Seed$6.5M88%
Let There Be Hemp Inc.ManufacturingPre-Seed$6.1M88%
Applied Bioplastics Corp.ManufacturingSeed$20.3M82%
Hempacco Co., Inc.ManufacturingSeed$2.0M81%
PA Cannabis Group, LLCManufacturingSeries B$219.3M81%
ACP Packaging Holdings, LLCManufacturingSeries B$275.2M80%
Colorado Hemp Works, Inc.AgriculturePre-Seed$10.7M80%
Frequently asked
How much funding has Hemp Plastic Co raised?
Hemp Plastic Co has raised approximately $3.4M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Hemp Plastic Co's estimated valuation?
Provath's modeled valuation for Hemp Plastic Co is approximately $577K (modeled range $101K–$2.1M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hemp Plastic Co at?
Hemp Plastic Co's latest modeled financing stage is Seed. Its most recent recorded round closed around Thu May 04.
What does Hemp Plastic Co do and where is it based?
Hemp Plastic Co operates in the Manufacturing sector, based in BOULDER.
Explore related

See where Hemp Plastic Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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