Companies · Agriculture

Salish Coast Enterprises, Inc.

Burlington · Agriculture

Diligence memoA one-page analyst read on Salish Coast Enterprises, Inc. — recommendation, valuation, rhythm, risks.
$7.1M
Total raised · real
3
Rounds
0.1×
Latest step-up
Top 27%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 15 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Salish Coast Enterprises, Inc. 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 0.05× the median modeled value of Series A Agriculture companies in 2022–2024 (43 peers) — value vs value, same stage and era.
At-risk
  • Last raise 4.0 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
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 Agriculture

Salish Coast Enterprises, Inc. is one of 1055 Agriculture companies tracked from Burlington. By capital raised it ranks in the upper tier (ahead of 74% 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
2022-07-15
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 · 2018-07-13 Raised $2.4M (real) Modeled valuation $25M (est)$2.4M$25MSeed2018Series A · 2021-02-19 Raised $4.5M (real) Modeled valuation $34M (est)$4.5M$34MSeries A2021Series A · 2022-07-15 Raised $288K (real) Modeled valuation $1.6M (est)$288K$1.6MSeries A2022+$4.5M+$288KCumulative $7.1M

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
Seed$2.4M · 2018
Series A$4.5M · 2021
Series A extension$288K · 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: 67%.

Modeled valuation trajectory
$1.6M
Base estimate est.
$373K
Conservative case
$5.5M
Upside case
$1.3M
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.

Seed · modeled $25.2M · 2018-07-132018Series A · modeled $33.9M · 2021-02-19Series A · modeled $1.6M · 2022-07-152022
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.24×/yr
Annual markup
1.56×/yr upside case
4.0 yr
Elapsed time used
4.0 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
24 mo
Avg between rounds
$1.8M/yr
Capital velocity
8.0 yr
On record since
2018
First round
3
Rounds on file
How it compares to the market

Benchmarked against 1055 companies in Agriculture. 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) 3.2× above median
This company$7.1M
Sector median$2.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.0× of median
This company$288K
Sector median$5.9M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$1.6M
Sector median$11.9M

Raised more than 74% 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 (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 #41 of 43.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)IFC PNW Tree Fruit Holdings Manson LLC · Series A Raised $14.7M · modeled $89.0M (est)C5 Farming LLC · Series A Raised $11.0M · modeled $68.7M (est)LoMac Wolf Point Investors, LP · Series A Raised $9.5M · modeled $57.7M (est)White River Creston LLC · Series A Raised $14.5M · modeled $57.6M (est)IFC Southern Fruit Holdings LLC · Series A Raised $10.0M · modeled $57.4M (est)Edacious, PBC · Series A Raised $14.1M · modeled $51.7M (est)Harpe Bioherbicide Solutions, Inc. · Series A Raised $12.5M · modeled $51.0M (est)Rhode Island Grows Llc · Series A Raised $10.0M · modeled $50.3M (est)Vertical Harvest, Inc. · Series A Raised $8.3M · modeled $49.8M (est)Ivy & Karma, Inc. · Series A Raised $13.9M · modeled $49.6M (est)Tomato Jos, Inc. · Series A Raised $14.6M · modeled $48.0M (est)ProGro Bio Inc. · Series A Raised $7.0M · modeled $41.9M (est)Salish Coast Enterprises, Inc. (this company) Raised $7.1M · modeled $1.6M (est)Salish Coast Enterprises, Inc.
CompanyStageRaised · realValue · estvs peer med.
IFC PNW Tree Fruit Holdings Manson LLCSeries A$14.7M$89.0M2.87×
C5 Farming LLCSeries A$11.0M$68.7M2.21×
LoMac Wolf Point Investors, LPSeries A$9.5M$57.7M1.86×
White River Creston LLCSeries A$14.5M$57.6M1.85×
IFC Southern Fruit Holdings LLCSeries A$10.0M$57.4M1.85×
Edacious, PBCSeries A$14.1M$51.7M1.66×
Harpe Bioherbicide Solutions, Inc.Series A$12.5M$51.0M1.64×
Rhode Island Grows LlcSeries A$10.0M$50.3M1.62×
Vertical Harvest, Inc.Series A$8.3M$49.8M1.60×
Ivy & Karma, Inc.Series A$13.9M$49.6M1.60×
Tomato Jos, Inc.Series A$14.6M$48.0M1.55×
ProGro Bio Inc.Series A$7.0M$41.9M1.35×
Salish Coast Enterprises, Inc. this companySeries A$7.1M$1.6M0.05×
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$2.4M2018-07-13$11.8M$25.2M90%
Series A$4.5M2021-02-19$20.3M$33.9M90%
Series A$288K2022-07-15$1.3M$1.6M90%
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$2.4M2018-07-13
    • First recorded raise — entered as Seed.
    • 7 investors on this round.
  2. Series A$4.5M2021-02-19
    • Raised again after 31 mo — slower than the ~11 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 14 investors on this round.
  3. Series A$288K2022-07-15
    • Raised 17 mo later, in step with the ~11 mo sector norm.
    • Round 15.5× smaller than the prior — bridge or down round.
Intelligence
2024 ~Q3
Modeled next raise · ~24mo cadence
$288K
Modeled next size est.range $288K$461K
0.1×
Last step-up
$1.8M/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
Tim Cavanaugh2 other2018-07
MARY WAGNER1 other2021-02
Adam Foy2018-07
Brent Conver2022-07
Cole Younger2018-07
Dave Green2018-07
Emily Baker2021-02
Juan Baldovinos2018-07
Katherine James Schuitemaker2018-07
Lisa Chin2021-02
Timothy Cavanaugh2021-02
Tony Wisdom2022-07
Registry & provenance

Salish Coast Enterprises, 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
1747861
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
B Boys, Inc.AgricultureSeries A$8.2M$5.9Msame sector · same stage
Rubicon Holdings, Inc.AgricultureSeries A$5.8M$872Ksame sector · same stage
Integrated Cannabis Company, Inc.AgricultureSeries A$9.2M$799Ksame sector · same stage
Lone Star Industrial Materials LLCAgricultureSeries A$5.4M$5.4Msame sector · same stage
G2 Developments of Michigan LLCAgricultureSeries A$5.2M$1.3Msame sector · same stage
SP Funding, LLCAgricultureSeries A$5.1M$872Ksame sector · same stage
Breedr Holdings Inc.AgricultureSeries A$10.2M$5.2Msame sector · same stage
San Felasco Nurseries, Inc.AgricultureSeries A$10.8M$5.2Msame 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
Saluna, Inc.AgricultureSeed$2.0M86%
West Coast Holdings LLCAgriculturePre-Seed$2.6M83%
Eden Food International Inc.AgricultureSeries A$85.0M83%
Open Blue Sea Farms, Inc.AgricultureSeries C$741.9M83%
Shipshape Urban Farms, Inc.AgricultureSeed$8.4M83%
Harpe Holdings, Inc.AgriculturePre-Seed$2.3M83%
Maine Coast Hemp IncAgricultureSeed$17.8M82%
Hart Dairy Creamery Corp.AgricultureSeries A$61.3M82%
Frequently asked
How much funding has Salish Coast Enterprises, Inc. raised?
Salish Coast Enterprises, Inc. has raised approximately $7.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Salish Coast Enterprises, Inc.'s estimated valuation?
Provath's modeled valuation for Salish Coast Enterprises, Inc. is approximately $1.6M (modeled range $373K–$5.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Salish Coast Enterprises, Inc. at?
Salish Coast Enterprises, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 15.
What does Salish Coast Enterprises, Inc. do and where is it based?
Salish Coast Enterprises, Inc. operates in the Agriculture sector, based in Burlington.
Explore related

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