Companies · Agtech / Foodtech

Project One Nutrition Inc.

Palo Alto · Agtech / Foodtech · refined from filed group “Other Health Care

Diligence memoA one-page analyst read on Project One Nutrition Inc. — recommendation, valuation, rhythm, risks.
$5.7M
Total raised · real
2
Rounds
8.3×
Latest step-up
Top 32%
Sector rank · raised
Series A
Latest stage · inferred · Wed Jul 17 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Project One Nutrition Inc. looks fair 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 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 0.93× the median modeled value of Series A Agtech / Foodtech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
  • Within the normal band (93% of peer median) for its niche.
Dormant
  • Last raise 7.0 yr ago; this sector typically re-raises about every 14 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 Agtech / Foodtech

Project One Nutrition Inc. is one of 481 Agtech / Foodtech companies tracked from Palo Alto. By capital raised it ranks mid-pack (ahead of 69% 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
48
Investors (latest)
2016
Year incorporated
2019-07-17
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 · 2016-12-29 Raised $611K (real) Modeled valuation $9.2M (est)$611K$9.2MPre-Seed2016Series A · 2019-07-17 Raised $5.1M (real) Modeled valuation $50M (est)$5.1M$50MSeries A2019+$5.1MCumulative $5.7M

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$611K · 2016
Series A$5.1M · 2019no Seed on file

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$50.0M
Base estimate est.
$6.5M
Conservative case
$271.7M
Upside case
$23.1M
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 $9.2M · 2016-12-292016Series A · modeled $50.0M · 2019-07-172019
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.27×/yr
Annual markup
1.60×/yr upside case
6.0 yr
Elapsed time used
7.0 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
31 mo
Avg between rounds
$2.2M/yr
Capital velocity
9.5 yr
On record since
2016
First round
2
Rounds on file
How it compares to the market

Benchmarked against 481 companies in Agtech / Foodtech. 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) 1.7× above median
This company$5.7M
Sector median$3.4M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.0× above median
This company$5.1M
Sector median$5.0M
Modeled value — vs sector median (estimate, all stages) 4.1× above median
This company$50.0M
Sector median$12.2M

Raised more than 69% of sector peers (real $). Modeled value above 84% 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 #18 of 34.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Hum Nutrition Inc. · Series A Raised $22.2M · modeled $144.9M (est)Agricorp · Series A Raised $17.5M · modeled $129.9M (est)Vive Organic, Inc. · Series A Raised $17.6M · modeled $117.8M (est)Good Day Farm Missouri Holdings, LLC · Series A Raised $13.2M · modeled $106.8M (est)Osiris Organics Inc. · Series A Raised $10.0M · modeled $98.1M (est)Desert Bloom Food Ventures LLC · Series A Raised $9.4M · modeled $89.4M (est)Tiny Organics, Inc. · Series A Raised $10.7M · modeled $84.1M (est)Trifecta Nutrition, Inc. · Series A Raised $12.3M · modeled $82.8M (est)Spero Foods, Inc. · Series A Raised $8.2M · modeled $80.2M (est)Quinn Foods LLC · Series A Raised $13.7M · modeled $77.4M (est)Foods United, Inc. · Series A Raised $7.5M · modeled $73.6M (est)Pottsgrove Farms Inc · Series A Raised $7.5M · modeled $68.1M (est)Project One Nutrition Inc. (this company) Raised $5.7M · modeled $50.0M (est)Project One Nutrition Inc.
CompanyStageRaised · realValue · estvs peer med.
Hum Nutrition Inc.Series A$22.2M$144.9M2.71×
AgricorpSeries A$17.5M$129.9M2.43×
Vive Organic, Inc.Series A$17.6M$117.8M2.20×
Good Day Farm Missouri Holdings, LLCSeries A$13.2M$106.8M2.00×
Osiris Organics Inc.Series A$10.0M$98.1M1.84×
Desert Bloom Food Ventures LLCSeries A$9.4M$89.4M1.67×
Tiny Organics, Inc.Series A$10.7M$84.1M1.57×
Trifecta Nutrition, Inc.Series A$12.3M$82.8M1.55×
Spero Foods, Inc.Series A$8.2M$80.2M1.50×
Quinn Foods LLCSeries A$13.7M$77.4M1.45×
Foods United, Inc.Series A$7.5M$73.6M1.38×
Pottsgrove Farms IncSeries A$7.5M$68.1M1.27×
Project One Nutrition Inc. this companySeries A$5.7M$50.0M0.93×
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$611K2016-12-29$3.4M$9.2M90%
Series A$5.1M2019-07-17$23.1M$50.0M90%
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$611K2016-12-29
    • First recorded raise — entered as Pre-Seed.
    • 9 investors on this round.
  2. Series A$5.1M2019-07-17
    • Raised again after 31 mo — slower than the ~14 mo sector norm.
    • Round 8.3× larger than the prior — scaling up.
    • 48 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~31mo cadence
$15.3M
Modeled next size est.range $9.9M$24.4M
8.3×
Last step-up
$2.2M/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
Mark Wan9 other2016-12
Michael Melby2 other2019-07
Brian Kirkbride1 other2019-07
Chris Hickey1 other2019-07
Jeff Flug2019-07
Matthew Wan2016-12
Registry & provenance

Project One Nutrition Inc. 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
1694270
SEC CIK
2016
Incorporated
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
FitLab Inc.OtherSeries A$10.0M$67.7Mnetwork2 shared operators · same stage
Pod Foods Co.Agtech / FoodtechSeries A$5.6M$41.6Msame sector · same stage
Tree Farm Operating Company, LLCAgtech / FoodtechSeries A$5.5M$43.4Msame sector · same stage
Saco Foods Holdings, LLCAgtech / FoodtechSeries A$6.0M$58.9Msame sector · same stage
Indo Coffee CorpAgtech / FoodtechSeries A$5.4M$36.2Msame sector · same stage
Central Washington Farms DstAgtech / FoodtechSeries A$6.1M$28.8Msame sector · same stage
Coffee Holdings Add-On, LLCAgtech / FoodtechSeries A$6.2M$60.7Msame sector · same stage
NUMU Food Group, Inc.Agtech / FoodtechSeries A$5.2M$39.3Msame 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
Condition One Nutrition Inc.Agtech / FoodtechPre-Seed$4.4M86%
One to One Health, Inc.HealthtechSeries A$33.5M85%
Farm One, Inc.Agtech / FoodtechSeed$24.1M83%
Care One Services LLCHealthtechPre-Seed$7.8M82%
Medcare FarmsAgtech / FoodtechPre-Seed$10.3M82%
Plantable Health Inc.HealthtechSeries A$145.2M82%
Onebiopharma Inc.Other Health CareSeed$74.4M82%
Emergent Medical Foods, Inc.HealthtechPre-Seed$3.4M81%
Frequently asked
How much funding has Project One Nutrition Inc. raised?
Project One Nutrition Inc. has raised approximately $5.7M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Project One Nutrition Inc.'s estimated valuation?
Provath's modeled valuation for Project One Nutrition Inc. is approximately $50.0M (modeled range $6.5M–$271.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Project One Nutrition Inc. at?
Project One Nutrition Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Wed Jul 17.
What does Project One Nutrition Inc. do and where is it based?
Project One Nutrition Inc. operates in the Agtech / Foodtech sector, based in Palo Alto.
Explore related

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