Companies · Manufacturing

Portland Pet Food Co

Portland · Manufacturing

Diligence memoA one-page analyst read on Portland Pet Food Co — recommendation, valuation, rhythm, risks.
$4.1M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 38%
Sector rank · raised
Seed
Latest stage · inferred · Mon Apr 18 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Portland Pet Food Co looks under-valued against its niche peers and is dormant on financing cadence.

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

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

Under-valued
  • Modeled value is 0.21× the median modeled value of Seed Manufacturing companies in 2022–2024 (161 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.2 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal 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 Manufacturing

Portland Pet Food Co is one of 3257 Manufacturing companies tracked from Portland. By capital raised it ranks mid-pack (ahead of 63% of sector peers), and in the long tail 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
2
Investors (latest)
2022-04-18
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 · 2018-11-27 Raised $453K (real) Modeled valuation $6.9M (est)$453K$6.9MPre-Seed2018Pre-Seed · 2020-03-20 Raised $850K (real) Modeled valuation $13M (est)$850K$13MPre-Seed2020Seed · 2021-01-22 Raised $2.6M (real) Modeled valuation $27M (est)$2.6M$27MSeed2021Seed · 2022-04-18 Raised $251K (real) Modeled valuation $1.8M (est)$251K$1.8MSeed2022+$850K+$2.6M+$251KCumulative $4.1M

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$453K · 2018
Pre-Seed extension$850K · 2020
Seed$2.6M · 2021
Seed extension$251K · 2022

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

Modeled valuation trajectory
$1.8M
Base estimate est.
$231K
Conservative case
$8.7M
Upside case
$1.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $6.9M · 2018-11-272018Pre-Seed · modeled $13.0M · 2020-03-20Seed · modeled $26.6M · 2021-01-22Seed · modeled $1.8M · 2022-04-182022
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
4.2 yr
Elapsed time used
4.2 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$1.2M/yr
Capital velocity
7.6 yr
On record since
2018
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3257 companies in Manufacturing. 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) 2.0× above median
This company$4.1M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.2× of median
This company$251K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.8M
Sector median$12.0M

Raised more than 63% of sector peers (real $). Modeled value above 12% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) 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 #149 of 161.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Three Rivers Preferred Group LLC · Seed Raised $4.0M · modeled $29.6M (est)Thelma's, L.L.C. · Seed Raised $3.8M · modeled $27.7M (est)Mills Products, LLC · Seed Raised $3.8M · modeled $26.2M (est)Unity Laundry Systems Corp · Seed Raised $4.0M · modeled $25.8M (est)Ohio Heat Holdings LLC · Seed Raised $3.8M · modeled $25.6M (est)VMC Acquisition Co LLC · Seed Raised $2.9M · modeled $21.8M (est)LightningCath, Inc. · Seed Raised $3.0M · modeled $21.6M (est)Smede Son Holding Co LLC · Seed Raised $3.6M · modeled $20.9M (est)Total Advantage LLC · Seed Raised $3.5M · modeled $20.4M (est)Applied Bioplastics Corp. · Seed Raised $4.0M · modeled $20.3M (est)World Matcha Inc. · Seed Raised $5.6M · modeled $19.7M (est)Cotsworks, Inc. · Seed Raised $2.9M · modeled $19.6M (est)Portland Pet Food Co (this company) Raised $4.1M · modeled $1.8M (est)Portland Pet Food Co
CompanyStageRaised · realValue · estvs peer med.
Three Rivers Preferred Group LLCSeed$4.0M$29.6M3.49×
Thelma's, L.L.C.Seed$3.8M$27.7M3.26×
Mills Products, LLCSeed$3.8M$26.2M3.09×
Unity Laundry Systems CorpSeed$4.0M$25.8M3.04×
Ohio Heat Holdings LLCSeed$3.8M$25.6M3.01×
VMC Acquisition Co LLCSeed$2.9M$21.8M2.56×
LightningCath, Inc.Seed$3.0M$21.6M2.55×
Smede Son Holding Co LLCSeed$3.6M$20.9M2.47×
Total Advantage LLCSeed$3.5M$20.4M2.40×
Applied Bioplastics Corp.Seed$4.0M$20.3M2.40×
World Matcha Inc.Seed$5.6M$19.7M2.32×
Cotsworks, Inc.Seed$2.9M$19.6M2.31×
Portland Pet Food Co this companySeed$4.1M$1.8M0.21×
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$453K2018-11-27$2.5M$6.9M90%
Pre-Seed$850K2020-03-20$4.7M$13.0M90%
Seed$2.6M2021-01-22$12.8M$26.6M90%
Seed$251K2022-04-18$1.3M$1.8M90%
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$453K2018-11-27
    • First recorded raise — entered as Pre-Seed.
    • 10 investors on this round.
  2. Pre-Seed$850K2020-03-20
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Seed$2.6M2021-01-22
    • Raised 10 mo later, in step with the ~12 mo sector norm.
    • Round 3.0× larger than the prior — scaling up.
    • 20 investors on this round.
  4. Seed$251K2022-04-18
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 10.2× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~14mo cadence
$251K
Modeled next size est.range $251K$402K
0.1×
Last step-up
$1.2M/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
David McCarron1 other2018-11
David A.` McCarron2022-04
Kathleen McCarron2018-11
Registry & provenance

Portland Pet Food Co 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
1761390
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
Culinary Health Innovations, LLCManufacturingSeed$2.3M$2.8Mnetwork1 shared operator · same sector · same stage
Hempacco Co., Inc.ManufacturingSeed$4.2M$2.0Msame sector · same stage
Trutankless, Inc.ManufacturingSeed$4.4M$1.1Msame sector · same stage
Half Full Brewery, Inc.ManufacturingSeed$3.8M$1.4Msame sector · same stage
Roth Industries, LLCManufacturingSeed$3.7M$2.1Msame sector · same stage
Fox-NEA Holdings, LLCManufacturingSeed$3.5M$2.4Msame sector · same stage
Pneu-Logic CorpManufacturingSeed$4.8M$2.4Msame sector · same stage
Virginia Carbon Products, LLCManufacturingSeed$3.5M$2.5Msame 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
Field & Stream Pet Food Company, LlcManufacturingSeed$2.2M86%
Wild Calling Pet Foods, LLCManufacturingSeed$23.7M86%
Maine Grains, Inc.ManufacturingPre-Seed$9.4M82%
Main Street Dairy, LLCManufacturingPre-Seed$5.3M82%
Pawket Treats, Inc.ManufacturingPre-Seed$7.6M81%
Printed Farms, LLCManufacturingPre-Seed$984K81%
Keytone Dairy Corp LtdManufacturingSeries A$111.1M80%
Red Duck Foods, Inc.ManufacturingSeed$5.4M80%
Frequently asked
How much funding has Portland Pet Food Co raised?
Portland Pet Food Co has raised approximately $4.1M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Portland Pet Food Co's estimated valuation?
Provath's modeled valuation for Portland Pet Food Co is approximately $1.8M (modeled range $231K–$8.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Portland Pet Food Co at?
Portland Pet Food Co's latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Apr 18.
What does Portland Pet Food Co do and where is it based?
Portland Pet Food Co operates in the Manufacturing sector, based in Portland.
Explore related

See where Portland Pet Food Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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