Companies · Other

Shenandoah Growers, Inc.

Rockingham · Other

Diligence memoA one-page analyst read on Shenandoah Growers, Inc. — recommendation, valuation, rhythm, risks.
$74.2M
Total raised · real
5
Rounds
0.3×
Latest step-up
Top 6%
Sector rank · raised
Series B
Latest stage · inferred · Fri Oct 09 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Shenandoah Growers, Inc. looks over-valued 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.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.05× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.7 yr ago; this sector typically re-raises about every 11 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 Other

Shenandoah Growers, Inc. is one of 25015 Other companies tracked from Rockingham. By capital raised it ranks among the largest (ahead of 95% of sector peers), and among the largest 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
2
Investors (latest)
2020-10-09
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$250M$500M$750M$1.0BSeries A · 2015-08-27 Raised $8.0M (real) Modeled valuation $121M (est)Series A2015Series A · 2019-01-11 Raised $4.5M (real) Modeled valuation $68M (est)Series A2019Series A · 2019-01-11 Raised $9.8M (real) Modeled valuation $148M (est)Series A2019Series A · 2019-01-11 Raised $13M (real) Modeled valuation $193M (est)Series A2019Series A · 2020-01-23 Raised $2.2M (real) Modeled valuation $34M (est)Series A2020Series B · 2020-10-09 Raised $39M (real) Modeled valuation $613M (est)Series B2020Series A · 2020-10-09 Raised $12M (real) Modeled valuation $164M (est)Series A2020+$4.5M+$9.8M+$13M+$2.2M+$39M+$12MCumulative $88M

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
Series A$8.0M · 2015
Series A extension$4.5M · 2019
Series A extension$9.8M · 2019
Series A extension$12.7M · 2019
Series A extension$2.2M · 2020
Series B$39.5M · 2020
Bridge · Series B-stage$11.8M · 2020smaller follow-on

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, 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
$613.4M
Base estimate est.
$98.7M
Conservative case
$2.2B
Upside case
$219.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Series A · modeled $121.1M · 2015-08-272015Series A · modeled $67.5M · 2019-01-11Series A · modeled $147.6M · 2019-01-11Series A · modeled $192.7M · 2019-01-11Series A · modeled $33.5M · 2020-01-23Series B · modeled $613.4M · 2020-10-09Series A · modeled $164.5M · 2020-10-092020
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
68%
Survival probability
45% low · 83% high
1.28×/yr
Annual markup
1.55×/yr upside case
5.7 yr
Elapsed time used
5.7 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$14.5M/yr
Capital velocity
10.9 yr
On record since
2015
First round
7
Rounds on file
How it compares to the market

Benchmarked against 25015 companies in Other. 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) 36× above median
This company$74.2M
Sector median$2.0M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.6× of median
This company$11.8M
Sector median$19.6M
Modeled value — vs sector median (estimate, all stages) 35× above median
This company$613.4M
Sector median$17.7M

Raised more than 95% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 #5 of 371.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)MStar Holding Corp · Series B Raised $67.6M · modeled $645.8M (est)Chlorum Solutions Llc · Series B Raised $39.7M · modeled $627.2M (est)IFS Management Holdco, LLC · Series B Raised $37.5M · modeled $623.8M (est)Benefit Recovery Group, LLC · Series B Raised $40.0M · modeled $618.4M (est)Zmco Llc · Series B Raised $40.0M · modeled $610.5M (est)PathStream, Inc. · Series B Raised $38.8M · modeled $602.3M (est)MXY Holdings, LLC · Series B Raised $49.9M · modeled $597.0M (est)Ryzac, Inc. · Series B Raised $42.5M · modeled $594.3M (est)Plouton Datacenter I, Inc. · Series B Raised $35.3M · modeled $586.5M (est)Es Ei Llc · Series B Raised $35.3M · modeled $585.7M (est)Factor Law, Inc. · Series B Raised $36.3M · modeled $570.3M (est)Shenandoah Growers, Inc. (this company) Raised $74.2M · modeled $613.4M (est)Shenandoah Growers, Inc.
CompanyStageRaised · realValue · estvs peer med.
MStar Holding CorpSeries B$67.6M$645.8M2.16×
Chlorum Solutions LlcSeries B$39.7M$627.2M2.10×
IFS Management Holdco, LLCSeries B$37.5M$623.8M2.09×
Benefit Recovery Group, LLCSeries B$40.0M$618.4M2.07×
Shenandoah Growers, Inc. this companySeries B$74.2M$613.4M2.05×
Zmco LlcSeries B$40.0M$610.5M2.04×
PathStream, Inc.Series B$38.8M$602.3M2.01×
MXY Holdings, LLCSeries B$49.9M$597.0M2.00×
Ryzac, Inc.Series B$42.5M$594.3M1.99×
Plouton Datacenter I, Inc.Series B$35.3M$586.5M1.96×
Es Ei LlcSeries B$35.3M$585.7M1.96×
Factor Law, Inc.Series B$36.3M$570.3M1.91×
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.
Series A$8.0M2015-08-27$36.4M$121.1M85%
Series A$4.5M2019-01-11$20.3M$67.5M90%
Series A$9.8M2019-01-11$44.3M$147.6M90%
Series A$12.7M2019-01-11$57.9M$192.7M90%
Series A$2.2M2020-01-23$10.1M$33.5M90%
Series B$39.5M2020-10-09$219.4M$613.4M90%
Series A$11.8M2020-10-09$53.6M$164.5M90%
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. Series A$8.0M2015-08-27
    • First recorded raise — entered as Series A.
    • 1 investor on this round.
  2. Series A$4.5M2019-01-11
    • Raised again after 41 mo — slower than the ~11 mo sector norm.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 10 investors on this round.
  3. Series A$9.8M2019-01-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.2× larger than the prior — scaling up.
    • 13 investors on this round.
  4. Series A$12.7M2019-01-11
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 13 investors on this round.
  5. Series A$2.2M2020-01-23
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round 5.7× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  6. Series B$39.5M2020-10-09
    • Raised 9 mo later, in step with the ~11 mo sector norm.
    • Round 17.8× larger than the prior — scaling up.
    • 16 investors on this round.
  7. Series A$11.8M2020-10-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.3× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2021 ~Q3
Modeled next raise · ~10mo cadence
$11.8M
Modeled next size est.range $11.8M$18.9M
0.3×
Last step-up
$14.5M/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
Sanjeev Krishnan10 other2019-01
David Henderson9 other2019-01
Scott Murphy5 other2019-01
Brian Mixer4 other2019-01
William John Hall3 other2015-08
George Wayne Pace2 other2015-08
Richard Owen2 other2019-01
Timothy Heydon2 other2015-08
Anders Wennerback1 other2019-01
Anders Wennerbeck1 other2020-01
Barbara Wayne Kite1 other2015-08
Brian Wayne Mixer1 other2015-08
Darcy Furr1 other2019-01
Ilir Wayne Cela1 other2015-08
Larry Pratt1 other2019-01
Philip Karp1 other2019-01
Philip Wayne Karp1 other2015-08
Robert Wayne Hoffman1 other2015-08
Sanjeev Wayne Krishnan1 other2015-08
Steve Wayne Wright1 other2015-08
Tyler Wayne Mayoras1 other2015-08
Ulf Jonsson1 other2019-01
Ulf Wayne Jonsson1 other2015-08
Registry & provenance

Shenandoah Growers, 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
1265590
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
SG Holdings, LLCAgricultureSeries C$280.8M$116.2Mnetwork23 shared operators
Satmetrix Systems IncOtherSeries B$33.3M$275.8Mnetwork1 shared operator · same sector · same stage
Kettle Cuisine Holdings, LlcOtherSeries B$75.0M$627.3Msame sector · same stage
Aquaventure Holdings LlcOtherSeries B$72.9M$498.4Msame sector · same stage
Humedica, Inc.OtherSeries B$76.0M$548.3Msame sector · same stage
Sprinklr, Inc.OtherSeries B$72.5M$664.6Msame sector · same stage
Telcare, Inc.OtherSeries B$71.6M$576.6Msame sector · same stage
Gazillion, Inc.OtherSeries B$77.4M$537.5Msame 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
Revolutionary Growers LLCOtherSeed$8.3M83%
Green Future Growers, LLCOtherPre-Seed$3.5M82%
Square Roots Urban Growers, Inc.OtherSeries C$526.2M82%
Shenandoah Valley Organic, LLCAgricultureSeries B$32.0M81%
Sundial Growers Inc.OtherSeries C$697.8M81%
Weed Cellars, Inc.Food & BeverageSeed$48.4M80%
Valens GroWorks Corp.OtherSeed$61.3M80%
Growbotics, Inc.OtherPre-Seed$2.8M80%
Frequently asked
How much funding has Shenandoah Growers, Inc. raised?
Shenandoah Growers, Inc. has raised approximately $74.2M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Shenandoah Growers, Inc.'s estimated valuation?
Provath's modeled valuation for Shenandoah Growers, Inc. is approximately $613.4M (modeled range $98.7M–$2.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Shenandoah Growers, Inc. at?
Shenandoah Growers, Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Oct 09.
What does Shenandoah Growers, Inc. do and where is it based?
Shenandoah Growers, Inc. operates in the Other sector, based in Rockingham.
Explore related

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