AeroFarms Revenue and Competitors

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Location

#2162

Growjo Ranking

Farming

Industry

Estimated Revenue & Valuation

  • AeroFarms's estimated annual revenue is currently $15M per year.(i)
  • AeroFarms received $40.0M in venture funding in October 2017.
  • AeroFarms's estimated revenue per employee is $85,714
  • AeroFarms's total funding is $238M.

Employee Data

  • AeroFarms has 175 Employees.(i)
  • AeroFarms grew their employee count by 21% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$6M2183%$616.3M$405.8M
#2
$35M140N/AN/AN/A
#3
$143.3M4189%$941MN/A

Founded in 2004, AeroFarms® is a mission-driven company and environmental champion leading the way to address our global food crisis by building, owning, and operating responsible farms that grow safe, nutritious, and delicious food, setting a new standard for culinary freshness and flavor. Led by CEO David Rosenberg who has been recognized by the World Economic Forum as one of the Transformational Leaders in Agriculture, AeroFarms was profiled by Bloomberg TV for their annual program Year Ahead 2015 highlighting companies that are poised to disrupt business. AeroFarms is also the past Winner of Red Herring's Top 100 Global for Innovative Companies, Winner of World Technology Awards for the EnvironmentFinalist for Silicon Valley's TiE50 Awards for Energy/CleanTech, and Finalist for CleanEquity Monaco for Technology. AeroFarms is building in Newark, NJ our new corporate headquarters and what will be the world's largest indoor vertical farm with partners Goldman Sachs and Prudential. We have an extensive pipeline of other farms in development all over the world, and we are actively scaling our team and making key hires. Please take a look at our Open Positions at http://aerofarms.com/careers/.

keywords:Agriculture,Cleantech,E-Commerce,Food & Beverages

$238M

Total Funding

175

Number of Employees

$15M

Revenue (est)

21%

Employee Growth %

N/A

Valuation

N/A

Accelerator

AeroFarms News

2022-04-20 - Vertical Farming: Modern and local – Produce Blue Book

Cofounder Marc Oshima says the motivation behind AeroFarms was ... taken AeroFarms to the status of the world's largest aeroponic grower.

2022-04-20 - Global Vertical Farming Market Report 2022, Featuring Profiles of AeroFarms, Spread Co., Infarm, Plenty, Gotham Greens and Bowery Farming

Global Vertical Farming Market Report 2022, Featuring Profiles of AeroFarms, Spread Co., Infarm, Plenty, Gotham Greens and Bowery Farming.

2022-04-06 - AeroFarms speaks at house committee hearing on agriculture

AeroFarms Co-Founder and Chief Marketing Officer, Marc Oshima, testified in front of the U.S. House Committee on Agriculture this week to...

2021-10-18 - Brief: AeroFarms & Spring Valley terminate $1.2bn SPAC deal

US vertical farmer AeroFarms and special purpose acquisition company (SPAC) Spring Valley have scrapped their merger deal. The scuttled transaction, announced in March this year, would’ve seen Newark-based AeroFarms become a Nasdaq-listed public company. At the time, the deal was expected to rai ...

2021-08-31 - Spring Valley Acquisition : Announces Shareholder Approval of Business Combination with AeroFarms (Form 8-K)

Spring Valley Announces Shareholder Approval of Business Combination with AeroFarms Dallas, TX and Newark, NJ - August 30, 2021 - Spring Valley Acquisition Corp. ('Spring Valley') (Nasdaq: SV, SVSVW, SVSVU) today announced the results for the ten proposals considered and voted upon by its share ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$34.5M178-1%$40.8M
#2
$49M182-1%N/A
#3
$40.6M18447%N/A
#4
$35M18413%$67.9M
#5
$30M18812%N/A

AeroFarms Funding

DateAmountRoundLead InvestorsReference
2015-12-11$20.0MUndisclosedWheatsheaf GroupArticle
2017-06-05$34.0MDMultipleArticle
2017-10-31$40.0MDMultipleArticle