Companies · Agriculture

Northwest Mills & Specialty Grains SPC

BURLINGTON · Agriculture

Diligence memoA one-page analyst read on Northwest Mills & Specialty Grains SPC — recommendation, valuation, rhythm, risks.
$14.5M
Total raised · real
5
Rounds
3.1×
Latest step-up
Top 17%
Sector rank · raised
Series A
Latest stage · inferred · Mon Nov 25 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Northwest Mills & Specialty Grains SPC looks fair against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the agriculture sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.32× the median modeled value of Series A Agriculture companies in 2022–2024 (43 peers) — value vs value, same stage and era.
  • Within the normal band (132% of peer median) for its niche.
Quiet
  • Last raise 19 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Agriculture

Northwest Mills & Specialty Grains SPC is one of 1056 Agriculture companies tracked from BURLINGTON. By capital raised it ranks in the upper tier (ahead of 84% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
25
Investors (latest)
2024-11-25
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2017-10-16 Raised $300K (real) Modeled valuation $4.0M (est)Pre-Seed2017Pre-Seed · 2020-02-03 Raised $335K (real) Modeled valuation $4.5M (est)Pre-Seed2020Pre-Seed · 2020-06-09 Raised $750K (real) Modeled valuation $10.0M (est)Pre-Seed2020Seed · 2022-10-26 Raised $1.5M (real) Modeled valuation $8.2M (est)Seed2022Seed · 2022-11-01 Raised $875K (real) Modeled valuation $4.8M (est)Seed2022Seed · 2023-09-26 Raised $875K (real) Modeled valuation $3.7M (est)Seed2023Seed · 2024-11-25 Raised $3.9M (real) Modeled valuation $12M (est)Seed2024Series A · 2024-11-25 Raised $12M (real) Modeled valuation $41M (est)Series A2024+$335K+$750K+$1.5M+$875K+$875K+$3.9M+$12MCumulative $21M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$300K · 2017
Pre-Seed extension$335K · 2020
Pre-Seed extension$750K · 2020
Seed$1.5M · 2022
Seed extension$875K · 2022
Seed extension$875K · 2023
Seed extension$3.9M · 2024
Series A$12.2M · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$41.0M
Base estimate est.
$15.8M
Conservative case
$80.9M
Upside case
$55.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the agriculture sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $4.0M · 2017-10-162017Pre-Seed · modeled $4.5M · 2020-02-03Pre-Seed · modeled $10.0M · 2020-06-09Seed · modeled $8.2M · 2022-10-26Seed · modeled $4.8M · 2022-11-01Seed · modeled $3.7M · 2023-09-26Seed · modeled $11.9M · 2024-11-25Series A · modeled $41.0M · 2024-11-252024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.24×/yr
Annual markup
1.56×/yr upside case
1.6 yr
Elapsed time used
1.6 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$2.0M/yr
Capital velocity
8.7 yr
On record since
2017
First round
8
Rounds on file
How it compares to the market

Benchmarked against 1056 companies in Agriculture. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 6.5× above median
This company$14.5M
Sector median$2.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.1× above median
This company$12.2M
Sector median$5.9M
Modeled value — vs sector median (estimate, all stages) 3.5× above median
This company$41.0M
Sector median$11.9M

Raised more than 84% of sector peers (real $). Modeled value above 77% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #13 of 43.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)IFC PNW Tree Fruit Holdings Manson LLC · Series A Raised $14.7M · modeled $89.1M (est)C5 Farming LLC · Series A Raised $11.0M · modeled $68.8M (est)LoMac Wolf Point Investors, LP · Series A Raised $9.5M · modeled $57.7M (est)White River Creston LLC · Series A Raised $14.5M · modeled $57.7M (est)IFC Southern Fruit Holdings LLC · Series A Raised $10.0M · modeled $57.4M (est)Edacious, PBC · Series A Raised $14.1M · modeled $51.7M (est)Harpe Bioherbicide Solutions, Inc. · Series A Raised $12.5M · modeled $51.0M (est)Rhode Island Grows Llc · Series A Raised $10.0M · modeled $50.3M (est)Vertical Harvest, Inc. · Series A Raised $8.3M · modeled $49.9M (est)Ivy & Karma, Inc. · Series A Raised $13.9M · modeled $49.7M (est)Tomato Jos, Inc. · Series A Raised $14.6M · modeled $48.1M (est)ProGro Bio Inc. · Series A Raised $7.0M · modeled $42.0M (est)Northwest Mills & Specialty Grains SPC (this company) Raised $14.5M · modeled $41.0M (est)Northwest Mills & Specialty Grains SPC
CompanyStageRaised · realValue · estvs peer med.
IFC PNW Tree Fruit Holdings Manson LLCSeries A$14.7M$89.1M2.87×
C5 Farming LLCSeries A$11.0M$68.8M2.21×
LoMac Wolf Point Investors, LPSeries A$9.5M$57.7M1.86×
White River Creston LLCSeries A$14.5M$57.7M1.85×
IFC Southern Fruit Holdings LLCSeries A$10.0M$57.4M1.85×
Edacious, PBCSeries A$14.1M$51.7M1.66×
Harpe Bioherbicide Solutions, Inc.Series A$12.5M$51.0M1.64×
Rhode Island Grows LlcSeries A$10.0M$50.3M1.62×
Vertical Harvest, Inc.Series A$8.3M$49.9M1.60×
Ivy & Karma, Inc.Series A$13.9M$49.7M1.60×
Tomato Jos, Inc.Series A$14.6M$48.1M1.55×
ProGro Bio Inc.Series A$7.0M$42.0M1.35×
Northwest Mills & Specialty Grains SPC this companySeries A$14.5M$41.0M1.32×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$300K2017-10-16$1.7M$4.0M90%
Pre-Seed$335K2020-02-03$1.9M$4.5M90%
Pre-Seed$750K2020-06-09$4.2M$10.0M90%
Seed$1.5M2022-10-26$7.5M$8.2M90%
Seed$875K2022-11-01$4.4M$4.8M90%
Seed$875K2023-09-26$4.4M$3.7M90%
Seed$3.9M2024-11-25$19.7M$11.9M90%
Series A$12.2M2024-11-25$55.5M$41.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$300K2017-10-16
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Pre-Seed$335K2020-02-03
    • Raised again after 28 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  3. Pre-Seed$750K2020-06-09
    • Came back fast: 4 mo vs the ~11 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Seed$1.5M2022-10-26
    • Raised again after 29 mo — slower than the ~11 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
  5. Seed$875K2022-11-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.7× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  6. Seed$875K2023-09-26
    • Raised 11 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  7. Seed$3.9M2024-11-25
    • Raised 14 mo later, in step with the ~11 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • 16 investors on this round.
  8. Series A$12.2M2024-11-25
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.1× larger than the prior — scaling up.
    • 25 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~12mo cadence
$36.6M
Modeled next size est.range $23.8M$58.6M
3.1×
Last step-up
$2.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Tyler Gage1 other2022-10
Amy Boyer2024-11
Christopher Brookfield2017-10
Denny Organ2020-02
Gerry Adams2022-11
Gregory Moga2020-02
Jerilyn Brusseau2017-10
Kevin Morse2017-10
Rod Geiger2024-11
Steven Brinn2017-10
Thomas Hunton2017-10
Registry & provenance

Northwest Mills & Specialty Grains SPC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1717621
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
White River Creston LLCAgricultureSeries A$14.5M$57.7Msame sector · same stage
Cannect Gardens, LLC DBA Cannect WellnessAgricultureSeries A$14.5M$24.3Msame sector · same stage
True Blue Berry Management LLCAgricultureSeries A$14.4M$21.1Msame sector · same stage
Tomato Jos, Inc.AgricultureSeries A$14.6M$48.1Msame sector · same stage
Edacious, PBCAgricultureSeries A$14.1M$51.7Msame sector · same stage
Pacific Ag, LLCAgricultureSeries A$14.9M$43.6Msame sector · same stage
Pista Land Company, LLCAgricultureSeries A$14.0M$43.2Msame sector · same stage
Old West Water, Inc.AgricultureSeries A$15.0M$41.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Local Inland Northwest Cooperative FoodsAgricultureSeed$16.1M84%
Northwest Orchard Partners #1 LLCAgricultureSeed$9.9M82%
Northwest Orchard Partners #2 LLCAgriculturePre-Seed$5.1M81%
Northwest Nutritional Foods LLCAgtech / FoodtechSeed$3.3M81%
Russ' Century Farm LLCAgriculturePre-Seed$5.3M78%
NW Straw Pulp LLCAgricultureSeries B$150.6M78%
Northern Feed & Bean, Inc.AgricultureSeries A$52.1M78%
Watauga Meats & Butchery, LLCAgriculturePre-Seed$2.2M77%
Frequently asked
How much funding has Northwest Mills & Specialty Grains SPC raised?
Northwest Mills & Specialty Grains SPC has raised approximately $14.5M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Northwest Mills & Specialty Grains SPC's estimated valuation?
Provath's modeled valuation for Northwest Mills & Specialty Grains SPC is approximately $41.0M (modeled range $15.8M–$80.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Northwest Mills & Specialty Grains SPC at?
Northwest Mills & Specialty Grains SPC's latest modeled financing stage is Series A. Its most recent recorded round closed around Mon Nov 25.
What does Northwest Mills & Specialty Grains SPC do and where is it based?
Northwest Mills & Specialty Grains SPC operates in the Agriculture sector, based in BURLINGTON.
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