Diligence memo · auto-generated · as of July 3, 2026
True Pet Food Project Inc.
True Pet Food Project Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
True Pet Food Project Inc. operates in Agtech / Foodtech, based in NEW YORK.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
True Pet Food Project Inc. has raised $2.9M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.9M on 2018-05-16.
Most recent recorded round closed around 2018-05-16.
Valuation (modeled)modeled
Provath models True Pet Food Project Inc. at approximately $35M (range $2.5M–$275M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.38× the median modeled value of Seed Agtech / Foodtech companies in 2016–2018 (23 peers) — value vs value, same stage and era. Within the normal band (138% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.1 yr ago; this sector typically re-raises about every 14 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 58% of Agtech / Foodtech peers (481 compared).
Modeled value ranks above 77% of those peers.
Closest niche peers: Crown O'Maine Organic Cooperative, CoExist Nutrition, LLC, Boomerang's Foods, Inc., Lux Organics Holdings, LLC, GreenSight Agronomics, 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.