Diligence memo · auto-generated · as of July 2, 2026
HerdX, Inc.
HerdX, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
HerdX, Inc. operates in Agriculture, based in BOERNE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
HerdX, Inc. has raised $14M in disclosed capital across 6 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.9M on 2019-03-29.
Most recent recorded round closed around 2021-08-12.
Valuation (modeled)modeled
Provath models HerdX, Inc. at approximately $2.1M (range $389K–$8.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.05× the median modeled value of Series A Agriculture companies in 2019–2021 (49 peers) — value vs value, same stage and era. Issuer reports $0–$1M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 20 months.
Last raise 4.9 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 82% of Agriculture peers (1056 compared).
Modeled value ranks above 16% of those peers.
Closest niche peers: CEA Fresh Farms LLC, Bioceres Crop Solutions Corp., VitaNova Colorado LLC, Klocke Estate Holdings, LLC, Landscape Partners, L.P..
Peoplefiled
15 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.