Diligence memo · auto-generated · as of July 2, 2026
Kate Farms, Inc.
Kate Farms, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Kate Farms, Inc. operates in Agtech / Foodtech, based in SANTA BARBARA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kate Farms, Inc. has raised $92M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $48M on 2015-01-27.
Most recent recorded round closed around 2020-10-28.
Valuation (modeled)modeled
Provath models Kate Farms, Inc. at approximately $468M (range $160M–$1.2B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.89× the median modeled value of Series C Agtech / Foodtech companies in 2019–2021 (8 peers) — value vs value, same stage and era. Within the normal band (89% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 69 months.
Last raise 5.7 yr ago; this sector typically re-raises about every 14 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 98% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Imperfect Foods, Inc., Ava Food Labs, Inc., Revolution Foods, Inc., GSG Agri Holdings LLC, Griffith Foods International Inc..
Peoplefiled
11 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.