About Plenty
Plenty is a company based in San Francisco (United States) founded in 2014 by Nate Storey.. Plenty has raised $943.5 million across 8 funding rounds from investors including Walmart, Driscoll's and SoftBank Vision Fund. The company has 346 employees as of December 31, 2023. Plenty has completed 1 acquisition, including Bright Agrotech. Plenty operates in a competitive market with competitors including AppHarvest, 80 Acres Farms, Gotham Greens, Little Leaf Farms and BrightFarms, among others.
- Headquarter San Francisco, United States
- Employees 346 as on 31 Dec, 2023
- Founders Nate Storey
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Sectors
Agriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Plenty Unlimited 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
$943.5 M (USD)
in 8 rounds
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Latest Funding Round
$400 M (USD), Series E
Jan 25, 2022
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Investors
Walmart
& 13 more
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Employee Count
346
as on Dec 31, 2023
- Investments & Acquisitions
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Funding Insights of Plenty
Plenty has successfully raised a total of $943.5M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $400 million 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 8
- Last Round Series E — $400.0M
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First Round
First Round
(01 Jun 2016)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series E - Plenty | Valuation | One Madison Group , JSCapital | |
| Mar, 2021 | Amount | Series D - Plenty | Valuation | Waterfund |
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| Oct, 2020 | Amount | Series D - Plenty | Valuation | SoftBank Vision Fund , Driscoll's |
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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 Plenty
Plenty has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Walmart, Driscoll's and SoftBank Vision Fund. 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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One Madison Group is engaged in investment management and strategies.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Early-stage technology investments are targeted by this venture capital firm.
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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 Plenty
Plenty has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bright Agrotech. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Indoor vertical farming systems and support services are provided.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Plenty
| 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 |
Plenty Comparisons
Competitors of Plenty
Plenty 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 AppHarvest, 80 Acres Farms, Gotham Greens, Little Leaf Farms and BrightFarms, 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 |
Vegetables are produced and supplied via AI-driven indoor farms.
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| domain | founded_year | HQ Location |
Indoor hydroponic farming of vegetables and herbs is provided.
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| domain | founded_year | HQ Location |
Integrated pesticide-free cultivation and supply of produce using hydroponic
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| domain | founded_year | HQ Location |
Leafy greens are produced and supplied via hydroponic techniques.
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| domain | founded_year | HQ Location |
Salad greens are produced and distributed through indoor farming facilities.
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| domain | founded_year | HQ Location |
Owns and operates agricultural farm
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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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Latest news on Plenty
Frequently Asked Questions about Plenty
When was Plenty founded?
Plenty was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Plenty located?
Plenty is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Plenty?
Arama Kukutai is the current CEO of Plenty.
Is Plenty a funded company?
Plenty is a funded company, having raised a total of $943.5M across 8 funding rounds to date. The company's 1st funding round was a Series D of $140M, raised on Jun 01, 2016.
How many employees does Plenty have?
As of Dec 31, 2023, the latest employee count at Plenty is 346.
What does Plenty do?
Plenty was founded in 2014 in San Francisco, United States, focusing on the vertical farming sector. Indoor facilities are operated to cultivate pesticide-free greens through patented agricultural systems. Climate-controlled environments with LED lighting are utilized, while infrared cameras and sensors gather data for machine learning analysis. Growth optimization and environmental impact reduction are achieved via these integrated processes.
Who are the top competitors of Plenty?
Plenty's top competitors include AppHarvest, Gotham Greens and Little Leaf Farms.
How many acquisitions has Plenty made?
Plenty has made 1 acquisition, including Bright Agrotech.
Who are Plenty's investors?
Plenty has 14 investors. Key investors include Walmart, Driscoll's, SoftBank Vision Fund, Western Technology Investment, and One Madison Group.