Companies · Agriculture

Spensa Technologies, Inc.

WEST LAFAYETTE · Agriculture

Diligence memoA one-page analyst read on Spensa Technologies, Inc. — recommendation, valuation, rhythm, risks.
$6.5M
Total raised · real
3
Rounds
0.8×
Latest step-up
Top 28%
Sector rank · raised
Seed
Latest stage · inferred · Sat Jul 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Spensa Technologies, Inc. looks fair 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 agriculture sector profile.

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

Fair
  • Modeled value is 1.26× the median modeled value of Seed Agriculture companies in 2016–2018 (62 peers) — value vs value, same stage and era.
  • Within the normal band (126% of peer median) for its niche.
Dormant
  • Last raise 9.0 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 Agriculture

Spensa Technologies, Inc. is one of 1055 Agriculture companies tracked from WEST LAFAYETTE. By capital raised it ranks in the upper tier (ahead of 73% 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$13M$25M$38M$50MSeed · 2014-07-01 Raised $2.0M (real) Modeled valuation $21M (est)$2.0M$21MSeed2014Seed · 2015-07-01 Raised $2.5M (real) Modeled valuation $27M (est)$2.5M$27MSeed2015Seed · 2017-07-01 Raised $2.0M (real) Modeled valuation $21M (est)$2.0M$21MSeed2017+$2.5M+$2.0MCumulative $6.5M

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$2.0M · 2014
Seed extension$2.5M · 2015
Seed extension$2.0M · 2017

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
$21.4M
Base estimate est.
$1.7M
Conservative case
$168.0M
Upside case
$10.0M
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 $21.4M · 2014-07-012014Seed · modeled $26.8M · 2015-07-01Seed · modeled $21.4M · 2017-07-012017
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
6.0 yr
Elapsed time used
9.0 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$2.2M/yr
Capital velocity
12.0 yr
On record since
2014
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) 3.0× above median
This company$6.5M
Sector median$2.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.2× above median
This company$2.0M
Sector median$1.7M
Modeled value — vs sector median (estimate, all stages) 1.8× above median
This company$21.4M
Sector median$11.9M

Raised more than 73% of sector peers (real $). Modeled value above 65% 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 #23 of 62.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Hop Head Farms LLC · Seed Raised $4.0M · modeled $42.8M (est)Davis 190 LLC · Seed Raised $4.0M · modeled $42.8M (est)NEO Farmaceuticals LLC · Seed Raised $4.0M · modeled $42.6M (est)Natural State Wellness Enterprises, Llc · Seed Raised $4.0M · modeled $42.3M (est)Perfect Potatoes, L.P. · Seed Raised $3.9M · modeled $42.0M (est)Kentucky Fresh Harvest LLC · Seed Raised $3.6M · modeled $38.5M (est)HiKoa, Inc. · Seed Raised $3.4M · modeled $36.6M (est)Midwest Hop Holdings, LLC · Seed Raised $3.0M · modeled $32.1M (est)Canadian Marijuana Growers Alliance, Inc. · Seed Raised $3.0M · modeled $32.1M (est)West & Hendricks, LLC · Seed Raised $3.0M · modeled $32.1M (est)Living Greens Farm, Inc. · Seed Raised $5.3M · modeled $32.1M (est)Sfa Llc · Seed Raised $2.9M · modeled $30.6M (est)Spensa Technologies, Inc. (this company) Raised $6.5M · modeled $21.4M (est)Spensa Technologies, Inc.
CompanyStageRaised · realValue · estvs peer med.
Hop Head Farms LLCSeed$4.0M$42.8M2.52×
Davis 190 LLCSeed$4.0M$42.8M2.52×
NEO Farmaceuticals LLCSeed$4.0M$42.6M2.50×
Natural State Wellness Enterprises, LlcSeed$4.0M$42.3M2.48×
Perfect Potatoes, L.P.Seed$3.9M$42.0M2.47×
Kentucky Fresh Harvest LLCSeed$3.6M$38.5M2.26×
HiKoa, Inc.Seed$3.4M$36.6M2.15×
Midwest Hop Holdings, LLCSeed$3.0M$32.1M1.89×
Canadian Marijuana Growers Alliance, Inc.Seed$3.0M$32.1M1.89×
West & Hendricks, LLCSeed$3.0M$32.1M1.89×
Living Greens Farm, Inc.Seed$5.3M$32.1M1.89×
Sfa LlcSeed$2.9M$30.6M1.80×
Spensa Technologies, Inc. this companySeed$6.5M$21.4M1.26×
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$2.0M2014-07-01$10.0M$21.4M85%
Seed$2.5M2015-07-01$12.5M$26.8M85%
Seed$2.0M2017-07-01$10.0M$21.4M90%
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. Seed$2.0M2014-07-01
    • First recorded raise — entered as Seed.
  2. Seed$2.5M2015-07-01
    • Raised 12 mo later, in step with the ~11 mo sector norm.
    • Round roughly the size of the prior one.
  3. Seed$2.0M2017-07-01
    • Raised again after 24 mo — slower than the ~11 mo sector norm.
    • Round roughly the size of the prior one.
Intelligence
2018 ~Q4
Modeled next raise · ~18mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.8×
Last step-up
$2.2M/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
Kip E. Pendleton1 other2015-07
Ben E. Brame2017-07
Brad E. Oelmann2017-07
Edward E. Lee2015-07
Johnny Park2014-07
Kim E. Nicholson2017-07
Michael E. Shepard2015-07
Sheryl E. Von Blucher2017-07
Registry & provenance

Spensa Technologies, 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
1607360
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
Tillerman Seeds, LLCAgricultureSeed$7.6M$32.7Mnetwork1 shared operator · same sector · same stage
Hlh, LlcAgricultureSeed$6.4M$8.9Msame sector · same stage
Eaton Pet & Pasture Inc.AgricultureSeed$6.8M$10.4Msame sector · same stage
American Ostrich Company, LLCAgricultureSeed$6.1M$19.3Msame sector · same stage
Hello Tractor, Inc.AgricultureSeed$6.0M$11.8Msame sector · same stage
American Peat Technology, LLCAgricultureSeed$7.1M$11.8Msame sector · same stage
Vermont Farmstead Cheese CoAgricultureSeed$7.1M$19.4Msame sector · same stage
Brasstown Beef & Cattle Co., LLCAgricultureSeed$5.9M$16.1Msame 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
Zea Biosciences CorpAgricultureSeed$3.6M84%
Sfa LlcAgricultureSeed$30.6M83%
Ceres Global Ag Corp.AgricultureSeries A$83.6M83%
SP Funding, LLCAgricultureSeries A$872K82%
Growers Holdings, Inc.AgricultureSeries A$34.9M82%
Sempera Organics, Inc.AgricultureSeed$9.2M82%
Sesajal S.A. de C.V.AgricultureSeries B$191.4M82%
Terramera, Inc.AgricultureSeries C$10.9M82%
Frequently asked
How much funding has Spensa Technologies, Inc. raised?
Spensa Technologies, Inc. has raised approximately $6.5M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Spensa Technologies, Inc.'s estimated valuation?
Provath's modeled valuation for Spensa Technologies, Inc. is approximately $21.4M (modeled range $1.7M–$168.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Spensa Technologies, Inc. at?
Spensa Technologies, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Sat Jul 01.
What does Spensa Technologies, Inc. do and where is it based?
Spensa Technologies, Inc. operates in the Agriculture sector, based in WEST LAFAYETTE.
Explore related

See where Spensa Technologies, 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 Spensa Technologies, 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.