About BrightFarms
BrightFarms is an Agriculture company based in New York (United States) founded in 2008, and was acquired by Cox Enterprises in August 2021. Salad greens are produced and distributed through indoor farming facilities. BrightFarms has raised $211.52 million across 9 funding rounds from investors including United States Department of Agriculture, Cox Enterprises and Catalyst Investors. The company has 254 employees. BrightFarms has completed 1 acquisition, including Lef Farms. BrightFarms offers products and services including Sunny Crunch Salad and Leafy Greens. Its focus areas include Food and Agriculture Tech, Crop Tech, Indoor Farming and Hydroponics. Its competitors include AppHarvest, Gotham Greens and Little Leaf Farms; 3 of its 3 listed competitors have raised funding.
Company details
BrightFarms was established in 2008 in New York, United States, within the indoor agriculture sector. Various salad greens are cultivated in controlled environments without pesticides, herbicides, or fungicides. Produce is harvested and supplied to retailers across the region. Consumer resources, including recipes, are made available to support usage of the fresh greens. Operations emphasize sustainable farming practices for consistent quality.
- Headquarters New York, United States
- Employees 254
- Stage Acquired
- SectorsAgriculture
- Website brightfarms.com
- Social LinkedIn X Facebook Instagram
- Acquired by Cox Enterprises (Aug 2021)
- Annual Revenue$1.02 K (USD)8as on Mar 31, 2023
- Net Profit$493.18 (USD)108as on Mar 31, 2023
- Total Equity Funding$211.52M (USD)
in 9 rounds
- Investors
- Employee Count254
- Investments & Acquisitions
- Acquired byCox Enterprises
(Aug 2021)
Products & Services of BrightFarms
BrightFarms offers a comprehensive portfolio of products and services, including Sunny Crunch Salad and Leafy Greens.
Crispy indoor-grown lettuce for everyday salads and meals.
Pesticide-free greens harvested for fresh, year-round consumption.
Funding Insights of BrightFarms
BrightFarms has successfully raised a total of $211.52M across 9 strategic funding rounds. 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.
- Total Funding $211.52M
- Total Rounds 9
- Investors Count 8
All 9 funding rounds of BrightFarms with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $100M | Series E | – | Cox Enterprises | |
| Oct 2020 | Debt – Conventional | – | – | ||
| Jun 2018 | $55M | Series D | – | Cox Enterprises | |
| Oct 2016 | $30.1M | Series C | – | Catalyst Investors | |
| Nov 2015 | $14.07M | Series B | – | WP Global Partners, NGEN Partners | – |
| Jan 2014 | $4.9M | Series B | – | Emil Capital | |
| Dec 2013 | $3.17M | Series A | – | – | – |
| Dec 2011 | $4.29M | Series A | – | NGEN Partners | |
| Jul 2010 | Grant | – | – |
8 investors in total: 7 institutional and 1 angel.
Investors in BrightFarms
BrightFarms has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include United States Department of Agriculture, Cox Enterprises and Catalyst Investors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity venture capital firm | catalyst.com | New York, United States | ||
Private equity firm focused on multiple sectors | wpglobalpartners.com | Chicago, United States | ||
Early-stage startups across sectors are invested in by NGEN Partners. | ngenpartners.com | New York, United States | ||
Investment and strategic support are provided for consumer brands by ECP Growth. | 2011 | emilcapitalpartners.com | Greenwich, United States | |
Communications, automotive, and sustainability services offered by Cox Enterprises. | coxenterprises.com | |||
Investment and strategic support are provided for consumer brands by ECP Growth. | 2011 | emilcapital.com | Greenwich, United States | |
Leadership is provided on agriculture, food, and rural development matters. | 1862 | usda.gov | ||
TC Ted Caplow | Angel investor, engineer, and entrepreneur focused on sustainability and tech startups. | unknown_ed071ac2f43341b6a |
Investor details for BrightFarms
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of BrightFarms
30 people are tracked at BrightFarms (16 in leadership, 14 in team); the tracked headcount is 254.
| Name | Role | Group |
|---|---|---|
Adam Mefrakis | Senior Director Of Food Safety & Quality | Leadership |
Berenice Segovia | Sr. Human Resources Business Partner | Leadership |
Adebayo Popoola | Senior Director And Corporate Controller | Leadership |
Aimee Miralles | Senior Vice President - People & Culture | Leadership |
Lance Thompson | Sales Director | Leadership |
Erik Lallum | VP, Construction & Development | Leadership |
Mshrm Anthony Montero Phr | Senior Director Of People And Culture At Brightfarms | Leadership |
Matthew Dinitto | Senior Vice President Of Sales | Leadership |
Gio Papio | Head Grower | Leadership |
William Bertrand | Director Of Sales | Leadership |
Steve Campione | CFO & EVP Of Strategy | Leadership |
Fallon Lowe | Senior Director Of Agriculture | Leadership |
Piper Halpin | Director Engineering And Site Support | Leadership |
Leonard Caplan | General Manager | Leadership |
Jessica Soare | Vice President Of Marketing | Leadership |
Philip McElroy | Director Of Revenue Management | Leadership |
Robyn Ball | Agricutural Specialist Manager | Team |
Amy Hall | Supply Planning Manager | Team |
Matthew Casey | Engineering Project Manager | Team |
Allison Salehi | Business Operations Analyst | Team |
10 more people are available in the full profile.
Complete people profiles for BrightFarms
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by BrightFarms
BrightFarms has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lef Farms.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integrated business for soil-less cultivation of fruits & vegetables and supply of produce | lef-farms.com | Loudon, United States | 2015 | Jul 2021 | •••• |
Complete acquisition details for BrightFarms
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of BrightFarms
5 dated milestones of BrightFarms across 13 years, from founding to its latest funding, stage changes and deals.
- Founded BrightFarms is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional,.
- Acquisition Acquires Lef Farms.
- Exit Acquired by Cox Enterprises.
Competitors of BrightFarms
BrightFarms has 3 listed competitors in our database, 3 of them funded. They include AppHarvest, Gotham Greens and Little Leaf Farms.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| appharvest.com | 2014 | Morehead, United States | $150M | 478 | Vegetables are produced and supplied via AI-driven indoor farms. | |
| gothamgreens.com | 2009 | Brooklyn, United States | $352.88M | 288 | Integrated pesticide-free cultivation and supply of produce using hydroponic | |
| littleleaffarms.com | 2015 | Ayer, United States | $390M | 254 | Leafy greens are produced and supplied via hydroponic techniques. |
Detailed competitors of BrightFarms
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
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Web traffic of BrightFarms
The website of BrightFarms (brightfarms.com) receives about 6.9K visits a month.
- Monthly visits6.9K
▲ 64.8% vs previous month
Websites whose visitors overlap most with BrightFarms. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| brooklyngrangefarm.com | 100% | 22.2K | #1,223,520 | View details | |
thepacker.com | thepacker.com | 89% | #770,457 | – | |
gardenofevefarm.com | gardenofevefarm.com | 59% | #4,989,458 | – |
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as BrightFarms (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | ||
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | 73 | ||
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | 808 |
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Related news about Brightfarms
Complete news archive for BrightFarms
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Frequently Asked Questions about BrightFarms
BrightFarms was founded in 2008 and raised its 1st funding round 2 years after it was founded.
BrightFarms is headquartered in New York, United States. It is registered at New York, New York, United States.
BrightFarms is a funded company, having raised a total of $211.52M across 9 funding rounds to date.
BrightFarms has 254 employees.
Annual revenue of BrightFarms is $1.02K as on Mar 31, 2023.
BrightFarms was established in 2008 in New York, United States, within the indoor agriculture sector. Various salad greens are cultivated in controlled environments without pesticides, herbicides, or fungicides. Produce is harvested and supplied to retailers across the region. Consumer resources, including recipes, are made available to support usage of the fresh greens. Operations emphasize sustainable farming practices for consistent quality.
BrightFarms's top competitors include AppHarvest, Gotham Greens and Little Leaf Farms.
BrightFarms offers Sunny Crunch Salad and Leafy Greens.
BrightFarms has made 1 acquisition, including Lef Farms.
BrightFarms has 8 investors. Key investors include United States Department of Agriculture, Cox Enterprises, Catalyst Investors, WP Global Partners, and NGEN Partners.
Yes. BrightFarms was acquired by Cox Enterprises in August 2021.