Bowery Farming

Bowery Farming Overview

Founded 2014
Founded
Status Private
Employees 125
Employees
Latest Deal Type Series B1
Latest Deal Amount $50M
Latest Deal Amount
Investors 21

Bowery Farming General Information

Description

Operator of a modern farming company designed to produce organic produce. The company's organic produce includes lettuce and herbs which are grown without any pesticides or chemicals, enabling consumers to eat and stay healthy.

Contact Information

Formerly Known As
Nibi, Inc.
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Horticulture
Other Industries
Food Products
Primary Office
  • 95 East Houston Street
  • New York, NY 10002
  • United States
+1 (646) 000-0000

Bowery Farming Timeline

2017201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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Bowery Farming Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC (Series B1) 21-Oct-2019 $50M 00000 00000 Completed Generating Revenue
4. Debt - General 10-Jun-2019 0000 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 05-Dec-2018 0000 00000 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 14-Jun-2017 $40M $47.5M 000.00 Completed Generating Revenue
1. Seed Round 01-Oct-2015 $7.5M $7.5M 000.00 Completed Startup

Bowery Farming Cap Table

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Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B-1 0,000,000 00.000000 00.00 000.00 000.00 00 000.00 000
Series B 0,000,000 00.000000 00.00 000.00 000.00 00 000.00 00.000
Series A 5,250,891 $0.000100 $0.28 $4.63 $4.63 1x $4.63 17.8%
Seed 2,764,316 $0.000100 $0.11 $1.32 $1.32 1x $1.32 9.37%

Bowery Farming Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Plenty Venture Capital-Backed South San Francisco, CA 000 00000 00000 00000
000000 000000 Venture Capital-Backed Brooklyn, NY 000 000.00 000000 - 000 000.00
0000 00 Venture Capital-Backed San Carlos, CA 00 000.00 00000000000 000.00

Bowery Farming Executive Team (6)

Name Title Board Seat Contact Info
Irving Fain Co-Founder, Chief Executive Officer & Board Member
Darren Thompson Chief Financial Officer
Katie Seawell Chief Marketing Officer
Brian Falther Co-Founder & Systems Engineering
Leland Chamlin Chief of Staff

Bowery Farming Board Members (6)

To view Bowery Farming‘s full board member team, request access »
Name Representing Role Since
Andrew Wheeler GV Board Member 000 0000
David Golden Self Co-Founder, Board Member & Strategic Finance 000 0000
Hans Tung GGV Capital Board Member 000 0000
Irving Fain Bowery Farming Co-Founder, Chief Executive Officer & Board Member 000 0000
Robert Hayes First Round Capital Board Member 000 0000

Bowery Farming Investors (21)

To view Bowery Farming‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Almanac Insights Venture Capital Minority 000 0000 000000 0
ATEL Capital Group Growth/Expansion Minority 000 0000 000000 0
Dara Khosrowshahi Angel (individual) Minority 000 0000 000000 0
Henry Kravis Angel (individual) Minority 000 0000 000000 0
Temasek Holdings Sovereign Wealth Fund Minority 000 0000 000000 0

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