About Agrify
Agrify is a company based in Burlington (United States) founded in 2016. Agrify has raised $4.5 million across 6 funding rounds. The company has 11 employees as of December 31, 2024. Agrify has completed 6 acquisitions, including Cascade Sciences, Lab Society and Precision Extraction Solutions. Agrify offers products and services including Vertical Farming, LED Grow Lights, Hydrocarbon Extraction, Short Path Distillation, and Training and Installation. Agrify operates in a competitive market with competitors including Tortuga AgTech, AgEYE Technologies, Koidra, Ingarden and FarmShelf, among others.
- Headquarter Burlington, United States
- Employees 11 as on 31 Dec, 2024
- Stage Public
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Sectors
HealthcareAgriculture
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Rythm, Inc.
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Annual Revenue
$9.68 M (USD)-36.07as on Dec 31, 2024
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Net Profit
-$29.85 M (USD)-60.08as on Dec 31, 2024
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EBITDA
-$11.73 M (USD)13.81as on Dec 31, 2024
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Total Equity Funding
$4.5 M (USD)
in 6 rounds
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Latest Funding Round
$30 M (USD), Post-IPO
May 22, 2025
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Investors
Not available
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Employee Count
11
as on Dec 31, 2024
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Investments & Acquisitions
Cascade Sciences
& 5 more
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IPO & Listings of Agrify
Agrify is a publicly listed company on the NASDAQ with ticker symbol RYM in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Agrify
Agrify offers a comprehensive portfolio of products and services, including Vertical Farming, LED Grow Lights, Hydrocarbon Extraction, Short Path Distillation, and Training and Installation.
System for efficient indoor cannabis growth and production.
Energy-efficient lights designed for plant cultivation.
Process for extracting cannabis concentrates safely.
Method for purifying cannabis extracts effectively.
Expert guidance on equipment setup and operation.
Funding Insights of Agrify
Agrify has successfully raised a total of $4.5M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $30 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Agrify
Agrify has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Cascade Sciences, Lab Society and Precision Extraction Solutions.
Investment portfolio details for Agrify
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- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Medical cannabis services are provided to healthcare users.
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Locked | Locked | 2018 | Locked | |
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Vacuum ovens, distillation equipment, and lab repair services are provided.
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Locked | Locked | 2016 | Locked | |
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Supplier of laboratory equipments
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Agrify
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- Acquired stakes
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Verified entity values are shown only after access is granted.
Financial Statements - Agrify
Detailed financials for Agrify
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Agrify Comparisons
Peer comparison for Agrify
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Competitors of Agrify
Agrify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tortuga AgTech, AgEYE Technologies, Koidra, Ingarden and FarmShelf, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of AI-enabled robot greenhouses systems
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AI-powered farm management solutions are provided for horticulture and operations.
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IoT and AI-based solutions for indoor farm automation are provided.
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Automated kits for organic microgreens are provided for home use.
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Cloud-based automated systems for indoor crop growing are provided.
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Detailed competitors of Agrify
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Latest news on Agrify
Complete news archive for Agrify
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Frequently Asked Questions about Agrify
Agrify was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Agrify is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Raymond Chang is the current CEO of Agrify.
Agrify is a funded company, having raised a total of $4.5M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Agrify is 11.
Annual revenue of Agrify is $9.68M as on Dec 31, 2024.
Agrify was founded in 2016 and is headquartered in Burlington, United States. Farm management solutions are offered to horticulturalists, with a focus on hemp and cannabis crop production. An integrated growth system, LED growth lights, and related tools are employed to enable scaling, risk minimization, production scheduling, and facility monitoring within the agricultural technology sector.
Agrify's top competitors include Tortuga AgTech, AgEYE Technologies and Ingarden.
Agrify offers Vertical Farming, LED Grow Lights, Hydrocarbon Extraction, Short Path Distillation, and Training and Installation.
Yes, Agrify is publicly traded on NASDAQ under the ticker symbol RYM.
Agrify has made 6 acquisitions, including Cascade Sciences, Lab Society, and Precision Extraction Solutions.
The ticker symbol of Agrify is RYM on NASDAQ.