About Farmblox
Farmblox is a company based in Worcester (United States) founded in 2022 by Nathan Rosenberg, Mitch Gaines, and Marc Printz.. Farmblox has raised $2.57 million across 2 funding rounds from investors including Hyperplane, Slow Ventures and MHS Capital. Farmblox offers products and services including Farmblox App, In-field Sensors, and Controllers. Farmblox operates in a competitive market with competitors including CropX, Yard Stick, GroGuru, AquaSpy and Viridix, among others.
- Headquarter Worcester, United States
- Founders Nathan Rosenberg, Mitch Gaines, Marc Printz
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Sectors
EnvironmentAgriculture
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Email
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Phone
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Website
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Social
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- Legal Name Farmblox Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.57 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Jul 23, 2024
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Investors
Hyperplane
& 3 more
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Employee Count
Employee Count
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Products & Services of Farmblox
Farmblox offers a comprehensive portfolio of products and services, including Farmblox App, In-field Sensors, and Controllers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for real-time farm data monitoring and task automation.
Sensors for tracking soil moisture and weather conditions.
Devices to manage farm systems and improve productivity.
Funding Insights of Farmblox
Farmblox has successfully raised a total of $2.57M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in July 2024. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $2.5M
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First Round
First Round
(25 Oct 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Farmblox | Valuation | Hyperplane | |
| Oct, 2022 | Amount | Seed - Farmblox | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Farmblox
Farmblox has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Hyperplane, Slow Ventures and MHS Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Hyperplane is engaged in providing seed capital to startups.
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Founded Year | Domain | Location | |
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Tech-focused Early-stage centric VC Firm investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital is invested in US startups by MHS Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Farmblox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Farmblox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farmblox Comparisons
Competitors of Farmblox
Farmblox 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 CropX, Yard Stick, GroGuru, AquaSpy and Viridix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of wireless sensors for soil moisture monitoring
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| domain | founded_year | HQ Location |
Platform offering solution to measures soil carbon
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| domain | founded_year | HQ Location |
Cloud-based soil moisture monitoring systems are provided for farms.
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| domain | founded_year | HQ Location |
Soil moisture monitoring systems are supplied for precision agriculture.
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| domain | founded_year | HQ Location |
Provider of precision irrigation solutions using real-time soil moisture sensors and analytics
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| domain | founded_year | HQ Location |
Precision agriculture sensors and data solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Farmblox
Frequently Asked Questions about Farmblox
When was Farmblox founded?
Farmblox was founded in 2022.
Where is Farmblox located?
Farmblox is headquartered in Worcester, United States. It is registered at Worcester, Massachusetts, United States.
Who is the current CEO of Farmblox?
Nathan Rosenberg is the current CEO of Farmblox. They have also founded this company.
Is Farmblox a funded company?
Farmblox is a funded company, having raised a total of $2.57M across 2 funding rounds to date. The company's 1st funding round was a Seed of $65K, raised on Oct 25, 2022.
What does Farmblox do?
Farmblox was established in 2022 in Worcester, United States, within the agriculture technology sector. Sensor-based platforms are produced to enable remote farm monitoring through mobile devices. Maple vacuum pressure and soil moisture levels are tracked to support irrigation decisions. Installable monitors are supplied for various farm locations. Services are extended to maple sugarbush operations and greenhouses. Products are distributed via the companys online platform.
Who are the top competitors of Farmblox?
What products or services does Farmblox offer?
Farmblox offers Farmblox App, In-field Sensors, and Controllers.
Who are Farmblox's investors?
Farmblox has 4 investors. Key investors include Hyperplane, Slow Ventures, MHS Capital, and Service Provider Capital.