Diligence memo · auto-generated · as of July 3, 2026
True Made Foods, Inc.
True Made Foods, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
True Made Foods, Inc. operates in Agtech / Foodtech, based in ALEXANDRIA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
True Made Foods, Inc. has raised $6.8M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.8M on 2019-08-08.
Most recent recorded round closed around 2021-03-05.
Valuation (modeled)modeled
Provath models True Made Foods, Inc. at approximately $7.8M (range $1.2M–$36M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.15× the median modeled value of Series A Agtech / Foodtech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 19 months.
Last raise 5.3 yr ago; this sector typically re-raises about every 14 months.
Silent for over 3× the sector's normal cadence.
The last round was 6.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 71% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 52% of those peers.
Closest niche peers: Hum Nutrition Inc., Agricorp, Vive Organic, Inc., Good Day Farm Missouri Holdings, LLC, Osiris Organics Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.