Companies · Agtech / Foodtech

River Run Foods (DE), LLC

NORTHUMBERLAND · Agtech / Foodtech · refined from filed group “Other

Diligence memoA one-page analyst read on River Run Foods (DE), LLC — recommendation, valuation, rhythm, risks.
$3.2M
Total raised · real
2
Rounds
0.1×
Latest step-up
Top 41%
Sector rank · raised
Seed
Latest stage · inferred · Wed Dec 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

River Run Foods (DE), LLC looks under-valued against its niche peers and is at-risk 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.

Under-valued
  • Modeled value is 0.15× the median modeled value of Seed Agtech / Foodtech companies in 2022–2024 (33 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.5 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

River Run Foods (DE), LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
6.2 yr record
Peak capital year was 2020 with $3.0M across 1 filings.
Market position
ahead of 60% of Agtech / Foodtech peers
Capital scale is ahead of 60% of Agtech / Foodtech peers; modeled value is above 27% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2020: $3.0M across 1 filings.
  • Largest single filing was $3.0M on 2020-04-29.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
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

River Run Foods (DE), LLC is one of 481 Agtech / Foodtech companies tracked from NORTHUMBERLAND. By capital raised it ranks mid-pack (ahead of 60% 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
16
Investors (latest)
2020
Year incorporated
2022-12-28
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$50MSeed · 2020-04-29 Raised $3.0M (real) Modeled valuation $36M (est)$3.0M$36MSeed2020Seed · 2022-12-28 Raised $214K (real) Modeled valuation $1.2M (est)$214K$1.2MSeed2022+$214KCumulative $3.2M

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
Seed$3.0M · 2020
Seed extension$214K · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$1.2M
Base estimate est.
$181K
Conservative case
$4.8M
Upside case
$1.1M
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 agriculture sector profile. Directional, not a quoted figure.

Seed · modeled $36.2M · 2020-04-292020Seed · modeled $1.2M · 2022-12-282022
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 58% high
1.36×/yr
Annual markup
1.79×/yr upside case
3.5 yr
Elapsed time used
3.5 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
32 mo
Avg between rounds
$1.2M/yr
Capital velocity
6.2 yr
On record since
2020
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) 1.0× of median
This company$3.2M
Sector median$3.4M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.1× of median
This company$214K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.2M
Sector median$12.2M

Raised more than 60% of sector peers (real $). Modeled value above 27% 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 #33 of 33.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Umaro Foods, Inc. · Seed Raised $3.0M · modeled $22.8M (est)Real Beauty Food, LLC · Seed Raised $3.5M · modeled $21.7M (est)Coro Foods, LLC · Seed Raised $8.7M · modeled $19.9M (est)Food Ready Inc. · Seed Raised $5.5M · modeled $17.8M (est)Agronomics Ltd · Seed Raised $4.6M · modeled $17.6M (est)Slingshot Coffee Company, L.L.C. · Seed Raised $5.3M · modeled $15.9M (est)All in Food PBC · Seed Raised $4.0M · modeled $14.4M (est)Kuehnle Agrosystems Inc · Seed Raised $8.8M · modeled $12.1M (est)Merch Farm, Llc · Seed Raised $1.6M · modeled $11.3M (est)Agriful Software, Inc. · Seed Raised $3.0M · modeled $11.1M (est)Fronen Foods, Inc. · Seed Raised $3.7M · modeled $9.2M (est)Crave Better Foods, LLC · Seed Raised $4.2M · modeled $9.2M (est)River Run Foods (DE), LLC (this company) Raised $3.2M · modeled $1.2M (est)River Run Foods (DE), LLC
CompanyStageRaised · realValue · estvs peer med.
Umaro Foods, Inc.Seed$3.0M$22.8M2.91×
Real Beauty Food, LLCSeed$3.5M$21.7M2.77×
Coro Foods, LLCSeed$8.7M$19.9M2.54×
Food Ready Inc.Seed$5.5M$17.8M2.27×
Agronomics LtdSeed$4.6M$17.6M2.25×
Slingshot Coffee Company, L.L.C.Seed$5.3M$15.9M2.03×
All in Food PBCSeed$4.0M$14.4M1.83×
Kuehnle Agrosystems IncSeed$8.8M$12.1M1.54×
Merch Farm, LlcSeed$1.6M$11.3M1.44×
Agriful Software, Inc.Seed$3.0M$11.1M1.41×
Fronen Foods, Inc.Seed$3.7M$9.2M1.18×
Crave Better Foods, LLCSeed$4.2M$9.2M1.18×
River Run Foods (DE), LLC this companySeed$3.2M$1.2M0.15×
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.
Seed$3.0M2020-04-29$15.0M$36.2M90%
Seed$214K2022-12-28$1.1M$1.2M90%
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. Seed$3.0M2020-04-29
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Seed$214K2022-12-28
    • Raised again after 32 mo — slower than the ~14 mo sector norm.
    • Round 14.0× smaller than the prior — bridge or down round.
    • 16 investors on this round.
Intelligence
2025 ~Q3
Modeled next raise · ~32mo cadence
$214K
Modeled next size est.range $214K$342K
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
Joseph Robinson4 other2020-04
Arthur Dubroff1 other2020-04
Frederick Langer1 other2022-12
Roger Hoffman1 other2020-04
Sheldon Ganis1 other2022-12
Jonathan Blank2020-04
Marlowe Steven2022-12
Registry & provenance

River Run Foods (DE), LLC 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
1811910
SEC CIK
2020
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
50 Blue Hill Road, LLCOtherSeed$3.0M$55.8Mnetwork3 shared operators · same stage
FoodSwing, Inc.OtherSeed$5.5M$32.5Mnetwork2 shared operators · same stage
Northwest Nutritional Foods LLCAgtech / FoodtechSeed$3.1M$3.3Msame sector · same stage
Blue Star Foods Corp.Agtech / FoodtechSeed$3.3M$23.0Msame sector · same stage
KetoNatural Pet Foods, Inc.Agtech / FoodtechSeed$3.3M$33.0Msame sector · same stage
Prosperity Organic Foods, Inc.Agtech / FoodtechSeed$3.1M$27.0Msame sector · same stage
Umaro Foods, Inc.Agtech / FoodtechSeed$3.0M$22.8Msame sector · same stage
Barn Owl Precision Agriculture, Inc.Agtech / FoodtechSeed$3.4M$4.1Msame 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
Ohio River Beverages, LLCFood & BeverageSeries A$39.8M85%
Tio Foods LlcAgtech / FoodtechSeed$6.0M83%
D.D. Farms LLCAgtech / FoodtechPre-Seed$7.5M82%
Bubba's Foods LLCAgtech / FoodtechPre-Seed$9.8M82%
Monet Foods, LLCAgtech / FoodtechPre-Seed$1.5M82%
RiverRun Gardens LLCAgriculturePre-Seed$11.3M82%
Wet Beverages LLCFood & BeverageSeed$6.3M81%
Expat Beverages, LLCFood & BeveragePre-Seed$12.9M81%
Frequently asked
How much funding has River Run Foods (DE), LLC raised?
River Run Foods (DE), LLC has raised approximately $3.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is River Run Foods (DE), LLC's estimated valuation?
Provath's modeled valuation for River Run Foods (DE), LLC is approximately $1.2M (modeled range $181K–$4.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is River Run Foods (DE), LLC at?
River Run Foods (DE), LLC's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Dec 28.
What does River Run Foods (DE), LLC do and where is it based?
River Run Foods (DE), LLC operates in the Agtech / Foodtech sector, based in NORTHUMBERLAND.
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