Diligence memo · auto-generated · as of July 3, 2026
Iroquois Valley Farms LLC
Iroquois Valley Farms LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Iroquois Valley Farms LLC operates in Agriculture, based in EVANSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Iroquois Valley Farms LLC has raised $36M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $20M on 2015-07-01.
Most recent recorded round closed around 2021-12-15.
Valuation (modeled)modeled
Provath models Iroquois Valley Farms LLC at approximately $51M (range $16M–$148M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.28× the median modeled value of Series B Agriculture companies in 2019–2021 (18 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 4.5 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 92% of Agriculture peers (1056 compared).
Modeled value ranks above 82% of those peers.
Closest niche peers: FIG MariCap White Buffalo, LLC, MariCap White Buffalo AI, LLC, Bluhen Botanicals LLC, MariCap White Buffalo QP, LLC, Chemlock Holdings LLC.
Peoplefiled
24 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.