Pete's

Carpinteria, United States Founded: 1970 • Age: 56 yrs Acquired By Local Bounti
Vegetables including lettuce and kale are produced and supplied.
Annual revenue - Latest available
Total funding $22.3M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Pete's

Pete's is a company based in Carpinteria (United States) founded in 1970 was acquired by Local Bounti in March 2022. Pete's has raised $22.28 million across 1 funding round from investors including Local Bounti. Pete's offers products and services including Living Greens, Salad Kits, Leafy Greens, and Herbs. Pete's operates in a competitive market with competitors including Revol Greens, Go Green Ag, Tanimura & Antle, Hardee Fresh and RE Botanicals, among others.

  • Headquarter Carpinteria, United States
  • Sectors
    Agriculture
  • Email
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  • Phone
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  • Website
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Operational Areas
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $22.28 M (USD)

    in 1 rounds

  • Latest Funding Round
    $22.28 M (USD), Series B

    Jan 06, 2016

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Local Bounti

    (Mar 15, 2022)

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Products & Services of Pete's

Pete's offers a comprehensive portfolio of products and services, including Living Greens, Salad Kits, Leafy Greens, and Herbs.

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Primary

Indoor-grown greens for extended freshness and sustainable consumption

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Convenient kits with fresh greens for easy, healthy meals

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Nutrient-rich greens cultivated with minimal environmental impact

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Aromatic herbs grown indoors for flavor and sustainability

Funding Insights of Pete's

Pete's has successfully raised a total of $22.28M through 1 strategic funding round. The most recent funding activity was a Series B round of $22.28 million completed in January 2016. 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 Pete's

Pete's has secured backing from 1 investor. Prominent investors backing the company include Local Bounti.

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Investor Description Founded Year Domain Location
Owns and operates agricultural farm
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Investor details for Petes

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Investments & Acquisitions by Pete's

Investments
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Investment portfolio details for Petes

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Financial Statements - Petes

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Detailed financials for Petes

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Pete's Comparisons

Pete's Primary company
Description
Vegetables including lettuce and kale are produced and suppl...
Location
Carpinteria, United States
Founded Year
1970
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Petes

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Pete's

Pete's 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 Revol Greens, Go Green Ag, Tanimura & Antle, Hardee Fresh and RE Botanicals, among others.

Company Name Domain Founded year HQ Location Description
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Lettuce and leafy greens are produced and supplied hydroponically.
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Hydroponic farm produce is supplied and cultivated commercially.
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Herbs and vegetables are produced and marketed.
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Producer of leafy greens and herbs using indoor organic vertical farms
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Hemp-based healthcare products including oils and tinctures are developed.
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Detailed competitors of Petes

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Latest news on Pete's

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Complete news archive for Petes

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Frequently Asked Questions about Pete's

Pete's was founded in 1970 and raised its 1st funding round 46 years after it was founded.

Pete's is headquartered in Carpinteria, United States. It is registered at Carpinteria, California, United States.

Pete's is a funded company, having raised a total of $22.28M across 1 funding round to date.

Petes was founded in 1970 and is located in Carpinteria, United States. Operations focus on the production and supply of vegetables within the agriculture sector. An organic hydroponic farm is owned and operated for growing items such as lettuce, leaf lettuces, spring mixes, and kale. Products are marketed under the Petes Living brand. Customers across California are served through these activities.

Pete's's top competitors include Go Green Ag, Tanimura & Antle and Hardee Fresh.

Pete's offers Living Greens, Salad Kits, Leafy Greens, and Herbs.

Pete's has 1 investor. Key investors include Local Bounti.

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