BrightFarms Revenue and Competitors

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Location

#1677

Growjo Ranking

Food

Industry

Estimated Revenue & Valuation

  • BrightFarms's estimated annual revenue is currently $35.1M per year.(i)
  • BrightFarms received $55.0M in venture funding in June 2018.
  • BrightFarms's estimated revenue per employee is $270,000
  • BrightFarms's total funding is $212.9M.

Employee Data

  • BrightFarms has 130 Employees.(i)
  • BrightFarms grew their employee count by 43% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$15640M246141N/AN/A$109.8B

BrightFarms designs, finances, builds and operates hydroponic greenhouses at, or near, grocery retailers, cutting time, distance and cost from the produce supply chain. We enable supermarkets to revolutionize their supply chains in a way that is better for their profits, and for the planet. For more information about BrightFarms, please visit www.brightfarms.com

keywords:Agriculture,E-Commerce,Food & Beverages

$212.9M

Total Funding

130

Number of Employees

$35.1M

Revenue (est)

43%

Employee Growth %

N/A

Valuation

N/A

Accelerator

BrightFarms News

2022-04-17 - Leafy Green Market to Witness Growth Acceleration | Revol ...

Some of the Major Key players profiled in the study are Revol Greens, Green Life Farms, BrightFarms, Grimmway Enterprises, AeroFarms,...

2022-04-13 - Water use remains issue with BrightFarms lettuce greenhouse ...

Lettuce producer BrightFarms wants to drill its own 500 foot well. At max capacity, the facility is anticipated to use about 75 million...

2022-04-06 - Vertical Farms Expand as Demand for Year-Round Produce Grows

And in August, BrightFarms, another greenhouse operator, was acquired by Cox Enterprises in Atlanta. Scientists caution that technology has...

2021-08-19 - Brief: Cox Enterprises acquires indoor ag startup BrightFarms

US indoor ag startup BrightFarms has been wholly acquired by media and communications conglomerate Cox Enterprises. Financial details were not disclosed. Atlanta-based Cox had been BrightFarms’ majority shareholder since it led the startup’s $100 million Series E round in October 2020. BrightFar ...

2020-10-22 - BrightFarms raises $100m in Cox-led Series E round to expand throughout the US

Indoor ag startups are the belle of the ball when it comes to funding these days, and BrightFarms is the latest debutante. The New York startup announced a $100 million Series E earlier this week led by the cleantech division of media and automotive services company Cox Enterprises, which now h ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$15M13010%N/A
#2
$16.9M13023%$63.5M
#3
$13.3M13012%N/A
#4
$27.3M13021%N/A
#5
$18.2M13030%$80.9M

BrightFarms Funding

DateAmountRoundLead InvestorsReference
2011-12-13$4.3MANGEN PartnersArticle
2014-01-29$4.9MBNGEN PartnersArticle
2014-06-04$2.4MUndisclosedWP Global Partners LLCArticle
2015-11-09$13.6MB-1WP Global PartnersArticle
2016-09-22$30.1MCCatalyst InvestorsArticle
2018-06-29$55.0MDCox EnterprisesArticle