AppHarvest Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Out of Business

  • Employees
  • 212

Employees

  • Latest Deal Type
  • Bankr. Admin/​Reorg

AppHarvest General Information

Description

AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in developing and operating controlled environment indoor farms.

Contact Information

Website
www.appharvest.com
Formerly Known As
Novus Capital
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 500 Appalachian Way
  • Morehead, KY 40351
  • United States
Primary Industry
Horticulture
Other Industries
Cultivation
Vertical(s)
AgTech, Climate Tech, Supply Chain Tech
Corporate Office
  • 500 Appalachian Way
  • Morehead, KY 40351
  • United States

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AppHarvest Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Bankruptcy: Admin/Reorg 23-Jul-2023 Completed Bankruptcy: Admin/Reorg
9. 2PO 10-Feb-2023 Completed Generating Revenue/Not Profitable
8. Sale-Lease back facility 27-Dec-2022 Completed Generating Revenue/Not Profitable
7. PIPE 29-Jan-2021 Completed Generating Revenue/Not Profitable
6. Reverse Merger 29-Jan-2021 Completed Generating Revenue/Not Profitable
5. Later Stage VC (Series C) 24-Jul-2020 Completed Generating Revenue/Not Profitable
4. Early Stage VC (Series B) 03-Feb-2020 Completed Generating Revenue/Not Profitable
3. Early Stage VC (Series A1) 07-Jun-2019 Completed Generating Revenue/Not Profitable
2. Early Stage VC (Series A) 21-May-2019 $97M $119M Completed Generating Revenue/Not Profitable
1. Seed Round 14-Feb-2018 $22M $22M Completed Generating Revenue
To view AppHarvest’s complete valuation and funding history, request access »

AppHarvest Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A-1 392,276 $0.000100 $2.55 $2.55 1x $2.55 1.56%
Series A 2,770,165 $0.000100 $1.9 $1.9 1x $1.9 11.73%
To view AppHarvest’s complete cap table history, request access »

AppHarvest Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in de
Horticulture
Morehead, KY
212 As of 2023

Aurora, CO
 

Ringgold, VA
 
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AppHarvest Competitors (2)

One of AppHarvest’s 2 competitors is Kalera (Munich), a Formerly PE-Backed company based in Aurora, CO.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kalera (Munich) Formerly PE-Backed Aurora, CO
AeroFarms Venture Capital-Backed Ringgold, VA
You’re viewing 2 of 2 competitors. Get the full list »

AppHarvest Patents

  • 32

    Total Documents Applications and Grants

  • Total Patents Families

  • 9

    Granted

  • 18

    Pending

  • Expiring in next 12 mo

AppHarvest Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4312502-A2 Robotic fruit harvesting system Pending 02-Apr-2021
EP-4312502-A4 Robotic fruit harvesting system Pending 02-Apr-2021
GB-2620073-A Robotic fruit harvesting system Pending 02-Apr-2021
US-20240107947-A1 Robotic fruit harvesting system Pending 02-Apr-2021
AU-2021230531-A1 Gripper tools for object grasping, manipulation, and removal Inactive 02-Mar-2020 A01D46/30
To view AppHarvest’s complete patent history, request access »

AppHarvest Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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AppHarvest Investments & Acquisitions (3)

AppHarvest’s most recent deal was a Seed Round with Iyris for . The deal was made on 15-Aug-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Iyris 15-Aug-2021 Seed Round Horticulture
Root AI 07-Apr-2021 Merger/Acquisition Other Hardware
Novus Capital (Indianapolis) 29-Jan-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
To view AppHarvest’s complete investments and acquisitions history, request access »

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AppHarvest ESG

Risk Overview

Risk Rating

Updated May, 18, 2023

41.55 | Severe Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,842

Rank

Percentile

Food Products

Industry

of 629

Rank

Percentile

Agriculture

Subindustry

of 110

Rank

Percentile

To view AppHarvest’s complete esg history, request access »

AppHarvest FAQs

  • When was AppHarvest founded?

    AppHarvest was founded in 2018.

  • Where is AppHarvest headquartered?

    AppHarvest is headquartered in Morehead, KY.

  • What is the size of AppHarvest?

    AppHarvest has 212 total employees.

  • What industry is AppHarvest in?

    AppHarvest’s primary industry is Horticulture.

  • Is AppHarvest a private or public company?

    AppHarvest is a Private company.

  • What is AppHarvest’s current revenue?

    The current revenue for AppHarvest is .

  • How much funding has AppHarvest raised over time?

    AppHarvest has raised $30M.

  • Who are AppHarvest’s competitors?

    Kalera (Munich) and AeroFarms are competitors of AppHarvest.

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