About LocalHarvest
LocalHarvest is a company based in Santa Cruz (United States) founded in 1999.. LocalHarvest has raised $500 thousand across 2 funding rounds from investors including United States Department of Agriculture. The company has 1 employees as of July 01, 2024. LocalHarvest offers products and services including Online Catalog and CSA Subscriptions. LocalHarvest operates in a competitive market with competitors including Tractor Zoom, Canndescent, Bamboo Pipeline, Harborside and Calyx Brands, among others.
- Headquarter Santa Cruz, United States
- Employees 1 as on 01 Jul, 2024
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Sectors
AgricultureRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Localharvest, 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
$500 K (USD)
in 2 rounds
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Latest Funding Round
$20 K (USD), Grant
Jan 03, 2022
- Investors
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Employee Count
1
as on Jul 01, 2024
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Products & Services of LocalHarvest
LocalHarvest offers a comprehensive portfolio of products and services, including Online Catalog and CSA Subscriptions. 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.
Directory for browsing and purchasing local farm products online.
Service for community supported agriculture shares and direct farm access.
Funding Insights of LocalHarvest
LocalHarvest has successfully raised a total of $500K across 2 strategic funding rounds. The most recent funding activity was a Grant round of $20 thousand completed in January 2022. 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 Grant — $20,000
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First Round
First Round
(29 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Grant - LocalHarvest | Valuation |
investors |
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| Sep, 2011 | Amount | Unspecified - LocalHarvest | 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 LocalHarvest
LocalHarvest has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include United States Department of Agriculture. 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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Leadership is provided on agriculture, food, and rural development matters.
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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 LocalHarvest
| 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 - LocalHarvest
| 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 |
Localharvest Comparisons
Competitors of LocalHarvest
LocalHarvest 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 Tractor Zoom, Canndescent, Bamboo Pipeline, Harborside and Calyx Brands, 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 |
Online listing platform for farm equipment
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| domain | founded_year | HQ Location |
Integrated business for cultivation and processing of cannabis
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| domain | founded_year | HQ Location |
Nursery plants and trees are wholesaled online to landscape professionals.
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| domain | founded_year | HQ Location |
Harborside is recognized as a leading cannabis retailer.
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| domain | founded_year | HQ Location |
Cannabis and hemp products are distributed by Calyx Brands.
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| domain | founded_year | HQ Location |
Online listing platform for farmers to find farmland for sale
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about LocalHarvest
When was LocalHarvest founded?
LocalHarvest was founded in 1999 and raised its 1st funding round 12 years after it was founded.
Where is LocalHarvest located?
LocalHarvest is headquartered in Santa Cruz, United States. It is registered at Santa Cruz, California, United States.
Is LocalHarvest a funded company?
LocalHarvest is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $500K, raised on Sep 29, 2011.
How many employees does LocalHarvest have?
As of Jul 01, 2024, the latest employee count at LocalHarvest is 1.
What does LocalHarvest do?
LocalHarvest was founded in 1999 in Santa Cruz, United States, operating as an online platform in the local agriculture sector. Produce from individual farmers and farmers markets is listed with pricing details, enabling buyers to contact producers directly. Over 30,000 listings of local farmers and markets are maintained, supporting connections within regional food supply networks across the country.
Who are the top competitors of LocalHarvest?
LocalHarvest's top competitors include Canndescent, Tractor Zoom and Harborside.
What products or services does LocalHarvest offer?
LocalHarvest offers Online Catalog and CSA Subscriptions.
Who are LocalHarvest's investors?
LocalHarvest has 1 investor. Key investors include United States Department of Agriculture.