Diligence memo · auto-generated · as of July 3, 2026
Pigeon Cove Ferments, Ltd
Pigeon Cove Ferments, Ltd looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
Pigeon Cove Ferments, Ltd operates in Other, based in GLOUCESTER.
Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Pigeon Cove Ferments, Ltd has raised $1.2M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $830K on 2025-08-29.
Most recent recorded round closed around 2025-08-29.
Valuation (modeled)modeled
Provath models Pigeon Cove Ferments, Ltd at approximately $2.0M (range $553K–$4.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.31× the median modeled value of Pre-Seed Other companies in 2025–2027 (710 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 43 months.
Last raise 10 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 2.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 40% of Other peers (25015 compared).
Modeled value ranks above 11% of those peers.
Closest niche peers: Rocket Carwash, LLC, Chapel Hill, LP, Zab's Inc., Producer Mezcal LLC, KBS ARC Investment LLC.
Peoplefiled
5 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
Broad sector classification weakens peer comparison.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.