Diligence memo · auto-generated · as of July 2, 2026
Puris Proteins, LLC
Puris Proteins, LLC looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Puris Proteins, LLC operates in Manufacturing, based in MINNEAPOLIS.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Puris Proteins, LLC has raised $138M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $75M on 2019-08-26.
Most recent recorded round closed around 2020-02-14.
Valuation (modeled)modeled
Provath models Puris Proteins, LLC at approximately $283M (range $99M–$745M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.52× the median modeled value of Series C Manufacturing companies in 2019–2021 (19 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 6.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Manufacturing peers (3257 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Pelican TopCo LLC, ICM Holdco I Corp., Shaw Acquisitions Holdings, LLC, GCP HGR Holdings, Inc., Sambazon Inc.
Peoplefiled
12 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.