Diligence memo · auto-generated · as of July 2, 2026
Puffworks, Inc.
Puffworks, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Puffworks, Inc. operates in Retailing, based in PORTLAND.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Puffworks, Inc. has raised $1.7M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $881K on 2020-10-30.
Most recent recorded round closed around 2021-12-15.
Valuation (modeled)modeled
Provath models Puffworks, Inc. at approximately $1.7M (range $198K–$13M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.78× the median modeled value of Pre-Seed Retailing companies in 2019–2021 (211 peers) — value vs value, same stage and era. Within the normal band (78% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 25 months.
Last raise 4.5 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.7× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 51% of Retailing peers (2347 compared).
Modeled value ranks above 24% of those peers.
Closest niche peers: Liberated Specialty Foods, Inc., Raybae Holdings, Llc., American Flower, Llc, 1620 Workwear, Inc., Haute Hijab, Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.