Companies · Agtech / Foodtech

Sprout Foods, Inc

Montvale · Agtech / Foodtech · refined from filed group “Other

Diligence memoA one-page analyst read on Sprout Foods, Inc — recommendation, valuation, rhythm, risks.
$32.2M
Total raised · real
2
Rounds
6.7×
Latest step-up
Top 9%
Sector rank · raised
Series B
Latest stage · inferred · Wed Feb 10 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Sprout Foods, 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 1.38× the median modeled value of Series B Agtech / Foodtech companies in 2019–2021 (16 peers) — value vs value, same stage and era.
  • Within the normal band (138% of peer median) for its niche.
Dormant
  • Last raise 5.4 yr ago; this sector typically re-raises about every 14 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 Agtech / Foodtech

Sprout Foods, Inc is one of 481 Agtech / Foodtech companies tracked from Montvale. By capital raised it ranks among the largest (ahead of 92% 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
1
Investors (latest)
2021-02-10
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$125M$250M$375M$500MSeed · 2011-04-12 Raised $3.2M (real) Modeled valuation $38M (est)$3.2M$38MSeed2011Series A · 2011-04-12 Raised $4.2M (real) Modeled valuation $41M (est)$4.2M$41MSeries A2011Series B · 2021-02-10 Raised $28M (real) Modeled valuation $269M (est)$28M$269MSeries B2021+$4.2M+$28MCumulative $35M

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$3.2M · 2011
Series A$4.2M · 2011
Series B$28.0M · 2021

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: 75%.

Modeled valuation trajectory
$269.4M
Base estimate est.
$65.8M
Conservative case
$922.2M
Upside case
$155.6M
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 scaled by the agriculture sector profile. Directional, not a quoted figure.

Seed · modeled $38.2M · 2011-04-122011Series A · modeled $40.9M · 2011-04-12Series B · modeled $269.4M · 2021-02-102021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.20×/yr
Annual markup
1.46×/yr upside case
5.4 yr
Elapsed time used
5.4 yr actual, capped for stale marks
agriculture
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
59 mo
Avg between rounds
$3.3M/yr
Capital velocity
15.2 yr
On record since
2011
First round
3
Rounds on file
How it compares to the market

Benchmarked against 481 companies in Agtech / Foodtech. 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) 9.5× above median
This company$32.2M
Sector median$3.4M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.4× above median
This company$28.0M
Sector median$19.4M
Modeled value — vs sector median (estimate, all stages) 22× above median
This company$269.4M
Sector median$12.2M

Raised more than 92% of sector peers (real $). Modeled value above 97% 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 #4 of 16.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Green Grass Foods Inc · Series B Raised $36.8M · modeled $362.2M (est)Real Good Food Co LLC · Series B Raised $35.0M · modeled $322.4M (est)Bellwether Coffee Co. · Series B Raised $85.8M · modeled $270.9M (est)Gathered Foods Corp · Series B Raised $74.1M · modeled $259.0M (est)Plantible Foods Inc. · Series B Raised $27.3M · modeled $235.3M (est)HBS Research Farms, LLC · Series B Raised $21.3M · modeled $198.3M (est)Emerald Organic Products, Inc. · Series B Raised $20.0M · modeled $195.0M (est)Navarro Farms MO, LLC · Series B Raised $23.6M · modeled $194.2M (est)Tortuga Agricultural Technologies, Inc. · Series B Raised $27.6M · modeled $193.4M (est)Konscious Foods Inc. · Series B Raised $21.0M · modeled $188.2M (est)New Wave Foods, Inc. · Series B Raised $17.9M · modeled $180.4M (est)Sprout Foods, Inc (this company) Raised $32.2M · modeled $269.4M (est)Sprout Foods, Inc
CompanyStageRaised · realValue · estvs peer med.
Green Grass Foods IncSeries B$36.8M$362.2M1.86×
Real Good Food Co LLCSeries B$35.0M$322.4M1.66×
Bellwether Coffee Co.Series B$85.8M$270.9M1.39×
Sprout Foods, Inc this companySeries B$32.2M$269.4M1.38×
Gathered Foods CorpSeries B$74.1M$259.0M1.33×
Plantible Foods Inc.Series B$27.3M$235.3M1.21×
HBS Research Farms, LLCSeries B$21.3M$198.3M1.02×
Emerald Organic Products, Inc.Series B$20.0M$195.0M1.00×
Navarro Farms MO, LLCSeries B$23.6M$194.2M1.00×
Tortuga Agricultural Technologies, Inc.Series B$27.6M$193.4M0.99×
Konscious Foods Inc.Series B$21.0M$188.2M0.97×
New Wave Foods, Inc.Series B$17.9M$180.4M0.93×
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$3.2M2011-04-12$15.8M$38.2M85%
Series A$4.2M2011-04-12$19.0M$40.9M85%
Series B$28.0M2021-02-10$155.6M$269.4M90%
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$3.2M2011-04-12
    • First recorded raise — entered as Seed.
    • 35 investors on this round.
  2. Series A$4.2M2011-04-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 35 investors on this round.
  3. Series B$28.0M2021-02-10
    • Raised again after 118 mo — slower than the ~14 mo sector norm.
    • Round 6.7× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 505).
    • 1 investor on this round.
Intelligence
2026 ~Q1
Modeled next raise · ~59mo cadence
$84.0M
Modeled next size est.range $54.6M$134.4M
6.7×
Last step-up
$3.3M/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
David Schiff2 other2011-04
Scott Stevens2 other2021-02
David McKane1 other2011-04
Ron Davis1 other2011-04
Capp Culver2021-02
Dale Caldwell2011-04
Dennis Hersch2011-04
Houston Lane2021-02
Jesse Sammis2011-04
John McQuay2011-04
Joseph Cavaliere2021-02
Max MacKenzie2011-04
Phil Sanford2021-02
Richard Harford2011-04
Ted Schiff2011-04
Tim George2011-04
Tyler Florence2011-04
Walter Freedman2011-04
Registry & provenance

Sprout Foods, 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
1427930
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
Eclipse Foods CoAgtech / FoodtechSeries B$32.2M$251.9Msame sector · same stage
Cumulus Coffee CoAgtech / FoodtechSeries B$33.1M$70.3Msame sector · same stage
AgroSpheres, Inc.Agtech / FoodtechSeries B$34.9M$45.9Msame sector · same stage
Real Good Food Co LLCAgtech / FoodtechSeries B$35.0M$322.4Msame sector · same stage
Seattle Food Tech, Inc.Agtech / FoodtechSeries B$35.6M$11.9Msame sector · same stage
Freight Farms, Inc.Agtech / FoodtechSeries B$36.2M$122.7Msame sector · same stage
Partake Foods, Inc.Agtech / FoodtechSeries B$28.3M$161.9Msame sector · same stage
Green Grass Foods IncAgtech / FoodtechSeries B$36.8M$362.2Msame 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
Sprout Organics Inc.Agtech / FoodtechPre-Seed$1.9M96%
Sprout Labs, Inc.Software / TechSeed$454K87%
Kernel Foods, Inc.Agtech / FoodtechSeries B$122.0M86%
New Grounds Food, Inc.Agtech / FoodtechSeed$30.1M86%
Square Foods, LLCAgtech / FoodtechSeed$8.5M86%
Stryve Foods, LLCAgtech / FoodtechSeries A$93.6M86%
Freight Farms, Inc.Agtech / FoodtechSeries B$122.7M85%
Forward Food, Inc.Agtech / FoodtechSeed$3.1M85%
Frequently asked
How much funding has Sprout Foods, Inc raised?
Sprout Foods, Inc has raised approximately $32.2M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Sprout Foods, Inc's estimated valuation?
Provath's modeled valuation for Sprout Foods, Inc is approximately $269.4M (modeled range $65.8M–$922.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sprout Foods, Inc at?
Sprout Foods, Inc's latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Feb 10.
What does Sprout Foods, Inc do and where is it based?
Sprout Foods, Inc operates in the Agtech / Foodtech sector, based in Montvale.
Explore related

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

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