Farmdrop Overview

  • Founded
  • 2012
Founded
  • Status
  • Private
  • Employees
  • 22
Employees
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $7.73M
Latest Deal Amount
  • Investors
  • 14

Farmdrop General Information

Description

Provider of an online grocery platform designed to remove wholesalers and retailers from the supply chain. The company's online grocery platform enables users to order groceries online, directly from farmers and producers, and have the groceries delivered to their door, providing individuals access to affordable, fresh farmer's market quality ingredients and also helps farmers with larger profits than normal distribution strategies.

Contact Information

Website
www.farmdrop.com
Formerly Known As
The Local Food Movement
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Internet Retail
Other Industries
Food Products
Application Software
Primary Office
  • 180 Old Street
  • 6th Floor
  • London EC1V 9BP
  • England, United Kingdom
+44 020 0000 0000

Farmdrop Timeline

2017201820192020
Financing Round
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Farmdrop Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 18-Nov-2019 $7.73M 000.00 000.00 Completed Generating Revenue
6. Later Stage VC (Series B) 23-Aug-2019 00.000 0000 Completed Generating Revenue
5. Later Stage VC (Series B) 14-Jun-2018 000.00 000.00 000.00 Completed Generating Revenue
4. Early Stage VC (Series A) 23-Apr-2017 00.000 000.00 000.00 Completed Generating Revenue
3. Early Stage VC 03-Feb-2016 00.00 00.000 000.00 Completed Generating Revenue
2. Equity Crowdfunding 22-Aug-2014 $1.26M $305K 00.000 Completed Startup
1. Seed Round 06-Aug-2013 $305K $305K 00.000 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 B 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
A Ordinary 00,000 00.000000 00.00 00.00 00 00.00 0.000
A Ordinary 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
A Ordinary 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Seed 2 2,307,044 $0.012877 $1.21 $1.21 1x $1.21 5.03%
Seed 1 850,389 $0.012877 $0.38 $0.38 1x $0.38 1.86%
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 online grocery platform designed to remove wholesalers and retailers from the supply chain. The company's
Internet Retail
London, United Kingdom
22 As of 2016
000.00
00.00 0000-00-00
0000000000 0 000.00

000000

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0000 00000000
New York, NY
000 As of 0000
0000
0000 0000-00-00
000000000000 0000

00000000

commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu
00000000 000000
Bronx, NY
0000 As of 0000
00000
0000000 0000 00000
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Farmdrop Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Plated Private Equity-Backed New York, NY 000 0000 000000000000 0000
00000000000 Private Equity-Backed Bronx, NY 0000 00000 0000000 0000 00000
00000000 Angel-Backed Provo, UT 00 0000 0000000000 0000
000000000 Venture Capital-Backed San Francisco, CA 000000 00.000 00000000000 00.000
0000000 00 000 Venture Capital-Backed Calais, VT 00 00000 0000000000 0 00000
You’re viewing 5 of 11 competitors. Get the full list »

Farmdrop Executive Team (11)

Name Title Board Seat Contact Info
Eleanor Herrin Chief Executive Officer
Fern O'Sullivan Chief Operating Officer
Nick Booth Chief Technology Officer
Benedict Pugh Co-Founder
Mary Hurvitt Owner
You’re viewing 5 of 11 executive team members. Get the full list »

Farmdrop Board Members (6)

Name Representing Role Since
Jonathan Kamaluddin Self Board Member 000 0000
Kevin Bone Self Board Member 000 0000
Peter Kristensen Wheatsheaf Group Board Member 000 0000
William Kendall Self Board Member 000 0000
You’re viewing 4 of 6 board members. Get the full list »

Farmdrop Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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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Farmdrop Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Berti Investments PE/Buyout Minority 000 0000 000000 0
Belltown Ventures Corporate Venture Capital Minority 000 0000 000000 0
LGT Impact Ventures Impact Investing Minority 000 0000 000000 0
Wheatsheaf Group Venture Capital Minority 000 0000 000000 0
Jon Reynolds Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 14 investors. Get the full list »

Farmdrop Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 02-Dec-2016 00000 00000 00 00.000 Application Software
To view Farmdrop’s complete investments history, request access »

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