Hydrofarm

Petaluma, United States Founded: 1977 • Age: 49 yrs
Wholesaler and manufacturer of components for hydroponic farming
Annual revenue $190.3M Latest available
Total funding $106.9M 5 rounds
Employees 286 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Hydrofarm

Hydrofarm is a company based in Petaluma (United States) founded in 1977. Hydrofarm has raised $106.87 million across 5 funding rounds from investors including Serruya Private Equity, Hawthorn Equity Partners and Broadband Capital Partners. The company has 286 employees as of December 31, 2024. Hydrofarm has completed 7 acquisitions, including Aurorainnovations, Eddi's Wholesale Garden Supplies and Green Star. Hydrofarm offers products and services including Hydroponic Systems, LED Lighting, and Nutrients and Additives. Hydrofarm operates in a competitive market with competitors including PRoduce, Cultivation Technology, TransAKT, iHidroUSA and Heavy Duty Hydro, among others.

  • Headquarter Petaluma, United States
  • Employees 286 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Agriculture
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Hydrofarm Holdings Group, Inc.
Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $190.29 M (USD)
    -16.02
    as on Dec 31, 2024
  • Net Profit
    -$66.72 M (USD)
    -2.94
    as on Dec 31, 2024
  • EBITDA
    -$7.47 M (USD)
    -17.49
    as on Dec 31, 2024
  • Total Equity Funding
    $106.87 M (USD)

    in 5 rounds

  • Latest Funding Round
    $23.53 M (USD), Private Equity Round

    Jan 13, 2020

  • Investors
  • Employee Count
    286

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Hydrofarm

Hydrofarm is a publicly listed company on the NASDAQ with ticker symbol HYFM 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.

Exchange: NASDAQ · Ticker: HYFM · Sector: Producer manufacturing · USA

Products & Services of Hydrofarm

Hydrofarm offers a comprehensive portfolio of products and services, including Hydroponic Systems, LED Lighting, and Nutrients and Additives.

Product name locked
Category locked
Primary

Equipment for water-based indoor plant cultivation

Product name locked
Category locked
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Energy-efficient lights for plant growth indoors

Product name locked
Category locked
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Supplements to support plant health and development

People of Hydrofarm

Headcount 200-500
Employee Profiles 11
Employee Profiles
People
Forrest M.
IT Operations Manager
People
William Toler
CEO & Chairman
People
Xander Y.
Vice President, Durable Goods
People
Eric Ceresnie
SVP Corporate Development & International Markets

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Funding Insights of Hydrofarm

Hydrofarm has successfully raised a total of $106.87M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round of $23.53 million completed in January 2020. 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.

Investors in Hydrofarm

Hydrofarm has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Serruya Private Equity, Hawthorn Equity Partners and Broadband Capital Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in consumer brands are managed by Serruya Private Equity.
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Investor details for Hydrofarm

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Investments & Acquisitions by Hydrofarm

Hydrofarm has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Aurorainnovations, Eddi's Wholesale Garden Supplies and Green Star.

Investments
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Investment portfolio details for Hydrofarm

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Acquisitions
Company Name Description Domain Location Founded Year Amount
LED lighting systems for growers are provided.
Locked Locked 2016 Locked
Plant nutrition products are supplied to the agriculture sector.
Locked Locked 2009 Locked
Fertilizer products are manufactured for home and garden applications.
Locked Locked 2005 Locked
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Complete acquisition details for Hydrofarm

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Financial Statements - Hydrofarm

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Detailed financials for Hydrofarm

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  • Profit trends
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Hydrofarm Comparisons

Hydrofarm Primary company
Description
Wholesaler and manufacturer of components for hydroponic far...
Location
Petaluma, United States
Founded Year
1977
Annual Revenue
$190.29 M (USD)
Net Profit
-$66.72 M (USD)
EBITDA
-$7.47 M (USD)
Employees
286
As of 2024
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Peer comparison for Hydrofarm

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Competitors of Hydrofarm

Hydrofarm 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 PRoduce, Cultivation Technology, TransAKT, iHidroUSA and Heavy Duty Hydro, among others.

Company Name Domain Founded year HQ Location Description
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Subscription-based delivery of fruits, vegetables, and local products is offered.
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Indoor farming systems and LED lights for cultivation of legal cannabis in USA
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Agricultural equipment and hydroponic systems are manufactured and supplied.
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Manages an e-commerce store specializing in hydroponics infrastructure.
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Operates an online store for procuring agricultural growing systems.
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Detailed competitors of Hydrofarm

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  • Domains and locations
  • Full company profiles
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Latest news on Hydrofarm

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Complete news archive for Hydrofarm

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Frequently Asked Questions about Hydrofarm

Hydrofarm was founded in 1977 and raised its 1st funding round 40 years after it was founded.

Hydrofarm is headquartered in Petaluma, United States. It is registered at Petaluma, California, United States.

Pablo Gimeno Oliver is the current CEO of Hydrofarm.

Hydrofarm is a funded company, having raised a total of $106.87M across 5 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Hydrofarm is 286.

Annual revenue of Hydrofarm is $190.29M as on Dec 31, 2024.

Wholesaler and manufacturer of components for hydroponic farming. It also provides growth media, lighting solutions, garden accessories, storage chambers.

Hydrofarm's top competitors include PRoduce, TransAKT and Cultivation Technology.

Hydrofarm offers Hydroponic Systems, LED Lighting, and Nutrients and Additives.

Yes, Hydrofarm is publicly traded on NASDAQ under the ticker symbol HYFM.

Hydrofarm has made 7 acquisitions, including Aurorainnovations, Eddi's Wholesale Garden Supplies, and Green Star.

Hydrofarm has 3 investors. Key investors include Serruya Private Equity, Hawthorn Equity Partners, and Broadband Capital Partners.

The ticker symbol of Hydrofarm is HYFM on NASDAQ.

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