Elevate Farms Revenue and Competitors

Toronto, ON CAN

Location

$11.8M

Total Funding

Farming

Industry

Estimated Revenue & Valuation

  • Elevate Farms's estimated annual revenue is currently $1.7M per year.(i)
  • Elevate Farms's estimated revenue per employee is $141,667
  • Elevate Farms's total funding is $11.8M.

Employee Data

  • Elevate Farms has 12 Employees.(i)
  • Elevate Farms grew their employee count by 50% last year.

Elevate Farms's People

NameTitleEmail/Phone
1
CEOReveal Email/Phone
2
COOReveal Email/Phone
3
Director CultivationReveal Email/Phone
4
Chief Financial OfficerReveal Email/Phone
5
Chief Strategy OfficerReveal Email/Phone
6
Director Scientific ResearchReveal Email/Phone
7
Director CultivationReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$3.5M19-17%CA$5.1MN/A
#2
$15M131-5%N/AN/A
#3
N/A9623%N/AN/A
#4
N/A7527%N/AN/A
#5
$1.7M11120%$2MN/A
#6
$35M825%N/AN/A
#7
$15M21012%N/AN/A
#8
$35M16411%N/AN/A
#9
$1.7M20-5%N/AN/A
#10
$15M37630%N/AN/A
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What Is Elevate Farms?

Elevate represents the next generation of indoor automated farming. Our proprietary system solves the biggest problems that the first wave of vertical farms experienced. Elevate can cost effectively, grow “large leafy greens” at mass scale using advanced technology at locations close to population centers. Years of research and development, including those based on NASA, has allowed Elevate Farms develop proprietary grow recipes that deliver a high nutrient yield per sq-ft greater than any other vertical farm on the planet. Our closed loop grow tunnels require no human intervention in the grow cycle ensuring a consistent, clean, contaminant and pesticide free product - Beyond Organic(TM). Our fully automated system, which includes AI and Blockchain based tracking and tracing, can be set up quickly and efficiently in locations where traditional agriculture isn't possible and provides stakeholders and partners the ability to engage in On Demand Farming. Elevate Farms Local Food Security on a Global Scale The World's Most Automated Farm

keywords:N/A

$11.8M

Total Funding

12

Number of Employees

$1.7M

Revenue (est)

50%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Elevate Farms News

2022-04-20 - Chalice Brands Ltd. Announces Execution of Definitive Agreements to Acquire Oregon Retail Stores and Cultivation Assets

... as we continue to elevate our brand presence on the west coast. ... “I am thrilled to have Totem Farms become part of Chalice Brands.

2022-04-13 - Cows, seaweed help elevate climate opportunities for ...

Albert Straus is proving cows don't have to be the enemy of the environment or food chain. This dairy farm is a game-changer in a world and...

2022-04-06 - Tourism insights: New, enhanced efforts to elevate Centre County agriculture

The HVAB and CBICC also announced a one-time Happy Valley Agventures grant program to help local farms, farm stands and other agricultural...

2021-08-18 - Elevate Farms Announces Closing of $8,000,000 Equity Financing

TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Elevate Farms Inc. (“Elevate”, “Elevate Farms” or “Corporation”) is pleased to ‎announce it has closed a non-brokered convertible debenture offering (“Financing”) for a total of ‎$8,000,000 by way of the ‎issuance of non-interest bearing $1,000 principa ...

2021-02-18 - Elevate Farms Announces Closing of $6.2 Million Equity Financing

TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Elevate Farms Inc. (“Elevate”, “Elevate Farms” or the “Corporation”) is pleased to ‎announce it has closed a non-brokered ‎ equity offering (“Financing”) for a total of ‎$6,195,905.10 by way of the ‎issuance of 1,424,346 units ‎ (“Units”) of the Corpora ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35M120%N/A
#2
$1.9M12-8%N/A
#3
$1.8M1233%N/A
#4
$1M12N/AN/A
#5
$1M12N/AN/A