Diligence memo · auto-generated · as of July 3, 2026
North Lake Supply LLC
North Lake Supply LLC looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
North Lake Supply LLC operates in Agriculture, based in AUGUSTA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
North Lake Supply LLC has raised $1.9M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.2M on 2023-04-17.
Most recent recorded round closed around 2023-04-17.
Valuation (modeled)modeled
Provath models North Lake Supply LLC at approximately $5.8M (range $1.0M–$22M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.64× the median modeled value of Seed Agriculture companies in 2022–2024 (51 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 3.2 yr ago; this sector typically re-raises about every 11 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 1.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 47% of Agriculture peers (1056 compared).
Modeled value ranks above 35% of those peers.
Closest niche peers: Green Mountain Investments, LLC, Dalan Animal Health, Inc., Babylon Micro-Farms Inc., Jensen Ranch, LLC, American Ostrich Company, LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.