Companies · Manufacturing

Smari Organics, Inc.

PETALUMA · Manufacturing

Diligence memoA one-page analyst read on Smari Organics, Inc. — recommendation, valuation, rhythm, risks.
$7.9M
Total raised · real
5
Rounds
0.4×
Latest step-up
Top 26%
Sector rank · raised
Seed
Latest stage · inferred · Fri Feb 15 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Smari Organics, Inc. looks under-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. Valuation uses the manufacturing 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 0.59× the median modeled value of Seed Manufacturing companies in 2019–2021 (134 peers) — value vs value, same stage and era.
Dormant
  • Last raise 7.4 yr ago; this sector typically re-raises about every 12 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 Manufacturing

Smari Organics, Inc. is one of 3257 Manufacturing companies tracked from PETALUMA. By capital raised it ranks in the upper tier (ahead of 75% 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(c)
Reg D exemption
2
Investors (latest)
2019-02-15
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 · 2013-07-01 Raised $1.5M (real) Modeled valuation $18M (est)$1.5M$18MSeed2013Seed · 2015-03-23 Raised $1.1M (real) Modeled valuation $14M (est)$1.1M$14MSeed2015Seed · 2017-05-19 Raised $2.1M (real) Modeled valuation $26M (est)$2.1M$26MSeed2017Seed · 2017-05-19 Raised $2.0M (real) Modeled valuation $25M (est)$2.0M$25MSeed2017Seed · 2018-01-10 Raised $2.2M (real) Modeled valuation $27M (est)$2.2M$27MSeed2018Seed · 2019-02-15 Raised $900K (real) Modeled valuation $11M (est)$900K$11MSeed2019+$1.1M+$2.1M+$2.0M+$2.2M+$900KCumulative $9.9M

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$1.5M · 2013
Seed extension$1.1M · 2015
Seed extension$2.1M · 2017
Seed extension$2.0M · 2017
Seed extension$2.2M · 2018
Seed extension$900K · 2019

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
$11.0M
Base estimate est.
$826K
Conservative case
$86.6M
Upside case
$4.5M
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 manufacturing sector profile. Directional, not a quoted figure.

Seed · modeled $18.4M · 2013-07-012013Seed · modeled $14.1M · 2015-03-23Seed · modeled $25.8M · 2017-05-19Seed · modeled $24.5M · 2017-05-19Seed · modeled $27.4M · 2018-01-10Seed · modeled $11.0M · 2019-02-152019
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
7.4 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$1.4M/yr
Capital velocity
13.0 yr
On record since
2013
First round
6
Rounds on file
How it compares to the market

Benchmarked against 3257 companies in Manufacturing. 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) 3.9× above median
This company$7.9M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.6× of median
This company$900K
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 0.9× of median
This company$11.0M
Sector median$12.0M

Raised more than 75% of sector peers (real $). Modeled value above 49% 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 #106 of 134.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)Go Africa LLC · Seed Raised $4.0M · modeled $49.1M (est)Alpen High Performance Products, Inc. · Seed Raised $4.0M · modeled $49.1M (est)Rhino Health Inc. · Seed Raised $7.0M · modeled $46.8M (est)DCG Lounger Growth, LLC · Seed Raised $3.7M · modeled $45.1M (est)Mile High Bioscience, LLC · Seed Raised $3.5M · modeled $43.5M (est)Atmospheric Plasma Solutions, Inc. · Seed Raised $4.9M · modeled $42.9M (est)RADCO Ventures LLC · Seed Raised $3.5M · modeled $42.9M (est)Pinewell RF LP · Seed Raised $3.5M · modeled $42.6M (est)Lianluo Smart Ltd · Seed Raised $8.1M · modeled $42.1M (est)Zinc-Polymer Investor Holdings, LLC · Seed Raised $3.4M · modeled $42.0M (est)Otto Aviation Group, LLC · Seed Raised $3.9M · modeled $39.5M (est)CyH.COM LLC · Seed Raised $3.1M · modeled $38.6M (est)Smari Organics, Inc. (this company) Raised $7.9M · modeled $11.0M (est)Smari Organics, Inc.
CompanyStageRaised · realValue · estvs peer med.
Go Africa LLCSeed$4.0M$49.1M2.61×
Alpen High Performance Products, Inc.Seed$4.0M$49.1M2.61×
Rhino Health Inc.Seed$7.0M$46.8M2.50×
DCG Lounger Growth, LLCSeed$3.7M$45.1M2.41×
Mile High Bioscience, LLCSeed$3.5M$43.5M2.32×
Atmospheric Plasma Solutions, Inc.Seed$4.9M$42.9M2.29×
RADCO Ventures LLCSeed$3.5M$42.9M2.29×
Pinewell RF LPSeed$3.5M$42.6M2.27×
Lianluo Smart LtdSeed$8.1M$42.1M2.24×
Zinc-Polymer Investor Holdings, LLCSeed$3.4M$42.0M2.24×
Otto Aviation Group, LLCSeed$3.9M$39.5M2.10×
CyH.COM LLCSeed$3.1M$38.6M2.06×
Smari Organics, Inc. this companySeed$7.9M$11.0M0.59×
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$1.5M2013-07-01$7.5M$18.4M85%
Seed$1.1M2015-03-23$5.7M$14.1M85%
Seed$2.1M2017-05-19$10.5M$25.8M90%
Seed$2.0M2017-05-19$10.0M$24.5M90%
Seed$2.2M2018-01-10$11.2M$27.4M90%
Seed$900K2019-02-15$4.5M$11.0M90%
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$1.5M2013-07-01
    • First recorded raise — entered as Seed.
  2. Seed$1.1M2015-03-23
    • Raised again after 21 mo — slower than the ~12 mo sector norm.
    • Round 1.3× smaller than the prior — bridge or down round.
    • Switched to Rule 506(c) (was Rule 06).
    • 1 investor on this round.
  3. Seed$2.1M2017-05-19
    • Raised again after 26 mo — slower than the ~12 mo sector norm.
    • Round 1.8× larger than the prior — scaling up.
    • 5 investors on this round.
  4. Seed$2.0M2017-05-19
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 2 investors on this round.
  5. Seed$2.2M2018-01-10
    • Raised 8 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  6. Seed$900K2019-02-15
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 2.5× smaller than the prior — bridge or down round.
    • 2 investors on this round.
Intelligence
2020 ~Q2
Modeled next raise · ~14mo cadence
$900K
Modeled next size est.range $900K$1.4M
0.4×
Last step-up
$1.4M/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
Douglas Stewart1 other2013-07
Gregg Hartman2019-02
Guy Seese2013-07
Smari Admundsson2017-05
Smari Asmundsson2013-07
Registry & provenance

Smari Organics, 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
1586697
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
Ekostinger, Inc.ManufacturingSeed$8.2M$11.2Msame sector · same stage
Two Moms in the Raw, Inc.ManufacturingSeed$7.5M$13.5Msame sector · same stage
Pathfinder Spirit IncManufacturingSeed$7.5M$9.9Msame sector · same stage
Terraline, Inc.ManufacturingSeed$7.2M$11.3Msame sector · same stage
CoreCentric Solutions, Inc.ManufacturingSeed$8.8M$11.7Msame sector · same stage
Anthros Office LLCManufacturingSeed$9.0M$12.0Msame sector · same stage
Lux Ice, LLCManufacturingSeed$6.3M$9.1Msame sector · same stage
AeroShield Materials, Inc.ManufacturingSeed$9.8M$10.4Msame 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
Organics International Enterprise Inc.ManufacturingPre-Seed$3.4M85%
Smtc CorpManufacturingPre-Seed$8.3M84%
Ilex Organics, LLCManufacturingPre-Seed$5.3M83%
Peachicana Products Inc.ManufacturingPre-Seed$15.3M80%
Right Cream Holdings LLCManufacturingPre-Seed$845K80%
Mantaline Holdings, LLCManufacturingSeries A$49.2M80%
Gelest Intermediate Holdings, Inc.ManufacturingSeries A$51.0M80%
Hongrui Innovation Holding Group ltdManufacturingSeries A$16.6M80%
Frequently asked
How much funding has Smari Organics, Inc. raised?
Smari Organics, Inc. has raised approximately $7.9M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Smari Organics, Inc.'s estimated valuation?
Provath's modeled valuation for Smari Organics, Inc. is approximately $11.0M (modeled range $826K–$86.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Smari Organics, Inc. at?
Smari Organics, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Fri Feb 15.
What does Smari Organics, Inc. do and where is it based?
Smari Organics, Inc. operates in the Manufacturing sector, based in PETALUMA.
Explore related

See where Smari Organics, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Smari Organics, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.