Farmdrop Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Out of Business

  • Employees
  • 98

Employees

  • Latest Deal Type
  • Out of Business

Farmdrop General Information

Description

Provider of an ethical online supermarket intended to remove wholesalers and retailers from the supply chain. The company's supermarket permits users to order groceries online, directly from farmers and producers, and have the groceries delivered to their door, enabling individuals access to affordable, fresh farmer's market quality ingredients and helping farmers with larger profits than normal distribution strategies.

Contact Information

Website
www.farmdrop.com
Formerly Known As
The Local Food Movement
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 49 High Saint Lewes
  • East Sussex
  • London BN7 2DD
  • England, United Kingdom
+44 020
Primary Industry
Specialty Retail
Other Industries
Application Software
Food Products
Vertical(s)
FoodTech, Supply Chain Tech, E-Commerce, TMT
Corporate Office
  • 49 High Saint Lewes
  • East Sussex
  • London BN7 2DD
  • England, United Kingdom
+44 020

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Farmdrop Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Out of Business 17-Dec-2021 Completed Out of Business
8. Debt - General 21-Jan-2021 Completed Generating Revenue
7. Later Stage VC 18-Nov-2019 Completed Generating Revenue
6. Later Stage VC (Series B) 23-Aug-2019 Completed Generating Revenue
5. Later Stage VC (Series B) 14-Jun-2018 Completed Generating Revenue
4. Early Stage VC (Series A) 23-Apr-2017 Completed Generating Revenue
3. Early Stage VC 03-Feb-2016 Completed Generating Revenue
2. Equity Crowdfunding 22-Aug-2014 $1.26M $1.56M Completed Startup
1. Seed Round 06-Aug-2013 $305K $305K Completed Startup
To view Farmdrop’s complete valuation and funding history, request access »

Farmdrop Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
A Ordinary
A Ordinary
Series B
Series A
A Ordinary
Seed 2
Seed 1 850,389 $0.012877 $0.38 $0.38 1x $0.38 1.08%
Seed 377,358 $0.012877 $0.68 $0.68 1x $0.68 0.48%
To view Farmdrop’s complete cap table history, request access »

Farmdrop Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of an ethical online supermarket intended to remove wholesalers and retailers from the supply chain. The compan
Specialty Retail
London, United Kingdom
98 As of 2021

Philadelphia, PA
 

Jakarta Selatan, Indonesia
 
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Farmdrop Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Gopuff Venture Capital-Backed Philadelphia, PA
Limakilo Formerly VC-backed Jakarta Selatan, Indonesia
Imperfect Foods Formerly VC-backed San Francisco, CA
Misfits Market Venture Capital-Backed Clackamas, OR
Farmers To You Venture Capital-Backed Middlesex, VT
You’re viewing 5 of 18 competitors. Get the full list »

Farmdrop 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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Farmdrop Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
OLIO 02-Dec-2016 Information Services (B2C)
To view Farmdrop’s complete investments history, request access »

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Farmdrop FAQs

  • When was Farmdrop founded?

    Farmdrop was founded in 2012.

  • Who is the founder of Farmdrop?

    Benedict Pugh, Kent Gowland, Charles Pugh, Winnie Pugh, Edward Staple, and Ben Patten are the founders of Farmdrop.

  • Where is Farmdrop headquartered?

    Farmdrop is headquartered in London, United Kingdom.

  • What is the size of Farmdrop?

    Farmdrop has 98 total employees.

  • What industry is Farmdrop in?

    Farmdrop’s primary industry is Specialty Retail.

  • Is Farmdrop a private or public company?

    Farmdrop is a Private company.

  • What is Farmdrop’s current revenue?

    The current revenue for Farmdrop is .

  • How much funding has Farmdrop raised over time?

    Farmdrop has raised $47.1M.

  • Who are Farmdrop’s competitors?

    Gopuff, Limakilo, Imperfect Foods, Misfits Market, and Farmers To You are some of the 18 competitors of Farmdrop.

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