Diligence memo · auto-generated · as of July 2, 2026

NOCA Beverages Inc.

NOCA Beverages Inc. looks under-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

NOCA Beverages Inc. operates in Food & Beverage, based in NEWMARKET.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

NOCA Beverages Inc. has raised $4.0M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).

Largest single filing: $2.0M on 2019-11-15.

Most recent recorded round closed around 2021-11-20.

Valuation (modeled)modeled

Provath models NOCA Beverages Inc. at approximately $3.9M (range $315K–$21M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.15× the median modeled value of Seed Food & Beverage companies in 2019–2021 (43 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 11 months.

Last raise 4.6 yr ago; this sector typically re-raises about every 15 months.

Silent for over 3× the sector's normal cadence.

The last round was 5.7× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 82% of Food & Beverage peers (567 compared).

Modeled value ranks above 50% of those peers.

Closest niche peers: Social Beverage Company, Llc, Koinz, Barrell Craft Spirits, LLC, Haven's Kitchen, Inc., Simple Skiff Beverages, Inc..

Peoplefiled

3 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.