-30%

est. 2Y upside i

Series D+

B2B supplier of fresh/healthy packaged food

Rank

#2967

Sector

Food & Beverage Marketplace

Est. Liquidity

~5Y

Data Quality

Data: Low

Given the lack of financial data and stale valuation, the equity upside is highly uncertain with a negative expected return.

Last updated: July 19, 2026

Bull (10%)+200%

If company achieves significant market share and IPO, valuation could double from assumed $35M to $70M+. Requires strong growth and favorable market conditions.

Base (50%)-20%

Modest growth but margin pressure leads to multiple compression; valuation declines to ~$28M after dilution.

Bear (40%)-100%

Company fails to raise further capital and liquidates; common stock recovers nothing due to preference stack.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

0%

Total funding of $7M represents 20% of assumed $35M valuation, giving preferred stock significant liquidation preference over common.

Dilution Risk

high

Company likely needs additional funding within 2 years, potentially diluting common equity by 15-25%.

Secondary Liquidity

none

No secondary market activity indicated; no recent mark suggests limited liquidity.

Questions to Ask at the Interview

Strategic questions based on Positive's data — designed to show you've done your homework.

  • 1

    “What are the key metrics (revenue, GMV, gross margins) and how have they trended since 2022?”

  • 2

    “What is the planned use of the Series U funding and what milestones are expected?”

  • 3

    “How does the company plan to compete against large incumbents like grocery chains and meal kit services?”

Community

Valuation Sentiment

Our model estimates -30% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.