Diligence memo · auto-generated · as of July 2, 2026
Northern Plains Nitrogen, LLP
Northern Plains Nitrogen, LLP looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Northern Plains Nitrogen, LLP operates in Manufacturing, based in Grand Forks.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Northern Plains Nitrogen, LLP has raised $4.4M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $9.0M on 2013-07-01.
Most recent recorded round closed around 2025-04-05.
Valuation (modeled)modeled
Provath models Northern Plains Nitrogen, LLP at approximately $1.3M (range $515K–$2.3M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.08× the median modeled value of Series A Manufacturing companies in 2025–2027 (62 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 35 months.
Last raise 15 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 4.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 64% of Manufacturing peers (3257 compared).
Modeled value ranks above 6% of those peers.
Closest niche peers: Island Hedley Parent LLC, Salt Lake City Distillery, Llc, Bespoken Spirits Inc., AiTA Bio Inc., C-Motive Technologies, Inc..
Peoplefiled
18 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.