AeroFarms Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Private

  • Employees
  • 145

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $70.8M

  • Investors
  • 3

AeroFarms General Information

Description

Provider of indoor vertical farming services intended to grow farms in an indoor environment. The company's services include aeroponic growing systems for harvest cycles, results, food safety, and less environmental impact, enabling clients to grow plants without sun or soil in a fully-controlled indoor environment and farm responsibly.

Contact Information

Formerly Known As
Aero Farm Systems
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Agriculture
Corporate Office
  • 50 Park Plaza
  • Newark, NJ 07102
  • United States
+1 (973) 000-0000

AeroFarms Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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AeroFarms Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
14. Later Stage VC 28-Sep-2023 $70.8M 000.00 Completed Generating Revenue
13. Restart - Later VC 18-Sep-2023 Completed Restart
12. Bankruptcy: Admin/Reorg 08-Jun-2023 0000 Completed Bankruptcy: Admin/Reorg
11. Mezzanine 31-Dec-2022 00.000 00000 Completed Generating Revenue
10. PIPE 26-Mar-2021 00000 Cancelled Generating Revenue
9. Reverse Merger 26-Mar-2021 00000 00.00 Cancelled Generating Revenue
8. Grant 09-Apr-2020 00000 Completed Generating Revenue
7. Later Stage VC (Series E) 09-Jul-2019 00000 00000 00000 Completed Generating Revenue
6. Grant 07-Sep-2017 $1M $114M Completed Generating Revenue
5. Later Stage VC (Series D) 14-Aug-2017 $40.5M $114M Completed Generating Revenue
To view AeroFarms’s complete valuation and funding history, request access »

AeroFarms Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of indoor vertical farming services intended to grow farms in an indoor environment. The company's services inc
Other Agriculture
Newark, NJ
145 As of 2024
000.00
0000000000 0 000.00

000000

im ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex
00000000000
Avondale, AZ
00 As of 0000
00000
00000 0000-00-00
00000000000 00000

00000

bore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation
00000 00000000000
Helsinki, Finland
00 As of 0000
00.00
000000000 00.00
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AeroFarms Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OnePointOne Venture Capital-Backed Avondale, AZ 00 00000 00000000000 00000
iFarm Venture Capital-Backed Helsinki, Finland 00 00.00 000000000 00.00
Oishii Venture Capital-Backed Jersey City, NJ 000 00000 00000000000 00000
Singrow Venture Capital-Backed Singapore, Singapore 0 00.000 00000000000 00.000
CubicFarm Systems Formerly VC-backed Langley, Canada 00 000.00 000000000 000.00
You’re viewing 5 of 8 competitors. Get the full list »

AeroFarms Patents

AeroFarms Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11596110-B1 Split funnel Active 05-Mar-2021 0000000000 00
US-20240010383-A1 Modular tray and tray assemblies therefrom Pending 05-Nov-2020 00000000
US-20220000048-A1 Resilient plant development media Pending 06-Jul-2020 000000000 0
US-20230217873-A1 Resilient plant development media Pending 06-Jul-2020 000000000
US-20230217852-A1 Resilient plant development media Pending 06-Jul-2020 A01G31/00
To view AeroFarms’s complete patent history, request access »

AeroFarms Executive Team (16)

Name Title Board Seat Contact Info
Molly Montgomery Chief Executive Officer & Executive Chairman
Guy Blanchard Chief Financial Officer & President
Andreas Sokollek Chief Operating Officer
Roger Buelow Chief Technology Officer
David Rosenberg Co-Founder, Advisor & Board Member
You’re viewing 5 of 16 executive team members. Get the full list »

AeroFarms Board Members (14)

Name Representing Role Since
Alastair Cooper Cibus Capital Board Member 000 0000
David Rosenberg AeroFarms Co-Founder, Advisor & Board Member 000 0000
Jim Borels Self Board Member 000 0000
Molly Montgomery AeroFarms Chief Executive Officer & Executive Chairman 000 0000
Nikolaus Bormann Self Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

AeroFarms Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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AeroFarms Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Doha Venture Capital Venture Capital Minority 000 0000 000000 0
Grosvenor Food & AgTech Family Office Minority 000 0000 000000 0
Unreasonable Group Accelerator/Incubator 000 0000 000000 0
To view AeroFarms’s complete investors history, request access »

AeroFarms Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Indoor Vertical Farms (AeroFarms / Public Investment Fund) 01-Feb-2023 00000 0000 Other Agriculture 00000 000
Green Sense Farms 01-Jan-2021 Merger/Acquisition Cultivation
To view AeroFarms’s complete investments and acquisitions history, request access »

AeroFarms Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Green Sense Farms 01-Jan-2021 000000000000000000 Completed
  • 000000000
To view AeroFarms’s complete exits history, request access »

AeroFarms FAQs

  • When was AeroFarms founded?

    AeroFarms was founded in 2004.

  • Who is the founder of AeroFarms?

    Marc Oshima, Edward Harwood Ph.D, and David Rosenberg are the founders of AeroFarms.

  • Who is the CEO of AeroFarms?

    Molly Montgomery is the CEO of AeroFarms.

  • Where is AeroFarms headquartered?

    AeroFarms is headquartered in Newark, NJ.

  • What is the size of AeroFarms?

    AeroFarms has 145 total employees.

  • What industry is AeroFarms in?

    AeroFarms’s primary industry is Other Agriculture.

  • Is AeroFarms a private or public company?

    AeroFarms is a Private company.

  • What is AeroFarms’s current revenue?

    The current revenue for AeroFarms is 00000.

  • How much funding has AeroFarms raised over time?

    AeroFarms has raised $70.8M.

  • Who are AeroFarms’s investors?

    Doha Venture Capital, Grosvenor Food & AgTech, and Unreasonable Group have invested in AeroFarms.

  • Who are AeroFarms’s competitors?

    OnePointOne, iFarm, Oishii, Singrow, and CubicFarm Systems are some of the 8 competitors of AeroFarms.

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