Companies · Agriculture

Shipshape Urban Farms, Inc.

Birmingham · Agriculture

Diligence memoA one-page analyst read on Shipshape Urban Farms, Inc. — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
2
Rounds
19.3×
Latest step-up
Top 43%
Sector rank · raised
Seed
Latest stage · inferred · Tue Jan 07 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Shipshape Urban Farms, Inc. looks over-valued against its niche peers and is quiet 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.

Over-valued
  • Modeled value is 1.66× the median modeled value of Seed Agriculture companies in 2025–2027 (21 peers) — value vs value, same stage and era.
Quiet
  • Last raise 18 mo ago; this sector typically re-raises about every 11 months.
  • Slightly overdue versus sector 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 Agriculture

Shipshape Urban Farms, Inc. is one of 1056 Agriculture companies tracked from Birmingham. By capital raised it ranks mid-pack (ahead of 58% of sector peers), and mid-pack 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
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$2.5M$5.0M$7.5M$10MPre-Seed · 2019-11-15 Raised $150K (real) Modeled valuation $2.0M (est)$150K$2.0MPre-Seed2019Seed · 2025-01-07 Raised $2.9M (real) Modeled valuation $8.4M (est)$2.9M$8.4MSeed2025+$2.9MCumulative $3.0M

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
Pre-Seed$150K · 2019
Seed$2.9M · 2025

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$8.4M
Base estimate est.
$2.5M
Conservative case
$19.5M
Upside case
$14.5M
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.

Pre-Seed · modeled $2.0M · 2019-11-152019Seed · modeled $8.4M · 2025-01-072025
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
38%
Survival probability
17% low · 59% high
1.33×/yr
Annual markup
1.75×/yr upside case
1.5 yr
Elapsed time used
1.5 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
62 mo
Avg between rounds
$593K/yr
Capital velocity
6.6 yr
On record since
2019
First round
2
Rounds on file
How it compares to the market

Benchmarked against 1056 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) 1.4× above median
This company$3.0M
Sector median$2.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.7× above median
This company$2.9M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$8.4M
Sector median$11.9M

Raised more than 58% of sector peers (real $). Modeled value above 43% 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 #2 of 21.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)JTC Development, LLC · Seed Raised $4.0M · modeled $10.6M (est)Sfvii, Llp · Seed Raised $3.6M · modeled $8.3M (est)Grupo Papalotla, Llc · Seed Raised $3.0M · modeled $7.5M (est)Wakefield Agricultural Carbon LLC · Seed Raised $4.9M · modeled $7.2M (est)Congo Food Inc · Seed Raised $3.0M · modeled $6.8M (est)Enviro.Farm Systems Inc · Seed Raised $2.5M · modeled $6.4M (est)MN River Holdings, LLC · Seed Raised $2.1M · modeled $5.9M (est)Vrtkl, Inc. · Seed Raised $4.3M · modeled $5.5M (est)AGRITX, Inc. · Seed Raised $2.0M · modeled $5.1M (est)Vertical Malt, LLC · Seed Raised $2.4M · modeled $5.1M (est)Aquabounty Technologies Inc · Seed Raised $2.3M · modeled $4.3M (est)Shipshape Urban Farms, Inc. (this company) Raised $3.0M · modeled $8.4M (est)Shipshape Urban Farms, Inc.
CompanyStageRaised · realValue · estvs peer med.
JTC Development, LLCSeed$4.0M$10.6M2.09×
Shipshape Urban Farms, Inc. this companySeed$3.0M$8.4M1.66×
Sfvii, LlpSeed$3.6M$8.3M1.64×
Grupo Papalotla, LlcSeed$3.0M$7.5M1.47×
Wakefield Agricultural Carbon LLCSeed$4.9M$7.2M1.43×
Congo Food IncSeed$3.0M$6.8M1.35×
Enviro.Farm Systems IncSeed$2.5M$6.4M1.25×
MN River Holdings, LLCSeed$2.1M$5.9M1.17×
Vrtkl, Inc.Seed$4.3M$5.5M1.09×
AGRITX, Inc.Seed$2.0M$5.1M1.00×
Vertical Malt, LLCSeed$2.4M$5.1M1.00×
Aquabounty Technologies IncSeed$2.3M$4.3M0.84×
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.
Pre-Seed$150K2019-11-15$833K$2.0M90%
Seed$2.9M2025-01-07$14.5M$8.4M90%
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. Pre-Seed$150K2019-11-15
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Seed$2.9M2025-01-07
    • Raised again after 62 mo — slower than the ~11 mo sector norm.
    • Round 19.3× larger than the prior — scaling up.
Intelligence
2030 ~Q1
Modeled next raise · ~62mo cadence
$8.7M
Modeled next size est.range $5.7M$13.9M
19.3×
Last step-up
$593K/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
Kenneth Dale Speetjens2019-11
Registry & provenance

Shipshape Urban Farms, 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
1795510
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
Caribbean Sustainable Agriculture, Ltd.AgricultureSeed$3.1M$10.8Msame sector · same stage
Organic Growth Holdings, IncAgricultureSeed$3.1M$6.1Msame sector · same stage
Congo Food IncAgricultureSeed$3.0M$6.8Msame sector · same stage
Grupo Papalotla, LlcAgricultureSeed$3.0M$7.5Msame sector · same stage
Wisconsin Specialty Protein, LLCAgricultureSeed$3.0M$5.7Msame sector · same stage
Santana Equestrian Private Financial, LLCAgricultureSeed$3.1M$3.1Msame sector · same stage
AgSmarts, Inc.AgricultureSeed$3.2M$9.1Msame sector · same stage
Cactus Crest Orchard, LLCAgricultureSeed$3.3M$10.5Msame 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
City Farm Industries IncAgricultureSeries A$35.7M86%
Local Urban Vegetables, Inc.AgricultureSeed$18.4M86%
Salish Coast Enterprises, Inc.AgricultureSeries A$1.6M83%
Third Wave Farms, Inc.AgriculturePre-Seed$7.3M83%
Lowell Farms Inc.AgricultureSeries B$44.3M83%
Open Blue Sea Farms, Inc.AgricultureSeries C$742.1M82%
Veritas Farms, Inc.AgricultureSeries B$16.6M82%
AGRITX, Inc.AgricultureSeed$5.1M82%
Frequently asked
How much funding has Shipshape Urban Farms, Inc. raised?
Shipshape Urban Farms, Inc. has raised approximately $3.0M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Shipshape Urban Farms, Inc.'s estimated valuation?
Provath's modeled valuation for Shipshape Urban Farms, Inc. is approximately $8.4M (modeled range $2.5M–$19.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Shipshape Urban Farms, Inc. at?
Shipshape Urban Farms, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Jan 07.
What does Shipshape Urban Farms, Inc. do and where is it based?
Shipshape Urban Farms, Inc. operates in the Agriculture sector, based in Birmingham.
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