About Rise Gardens
Rise Gardens is a company based in Chicago (United States) founded in 2019.. Rise Gardens has raised $18.87 million across 4 funding rounds from investors including Amazon, TELUS Ventures and True Ventures. Rise Gardens offers products and services including Rise Garden 3, Hydroponic Seed Pods, and Plant Nutrients. Rise Gardens operates in a competitive market with competitors including Freight Farms, Agrify, CubicFarms, Priva and AgEYE Technologies, among others.
- Headquarter Chicago, United States
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.87 M (USD)
in 4 rounds
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Latest Funding Round
$6.93 M (USD), Series A
Jul 24, 2023
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Investors
Amazon
& 12 more
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Employee Count
Employee Count
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Products & Services of Rise Gardens
Rise Gardens offers a comprehensive portfolio of products and services, including Rise Garden 3, Hydroponic Seed Pods, and Plant Nutrients. 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.
Advanced indoor garden for growing up to 108 plants year-round
Pods for various plants compatible with Rise systems
Nutrients to support hydroponic plant growth indoors
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Funding Insights of Rise Gardens
Rise Gardens has successfully raised a total of $18.87M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.93 million completed in July 2023. 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 4
- Last Round Series A — $6.9M
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First Round
First Round
(27 May 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series A - Rise Gardens | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - Rise Gardens | Valuation | TELUS Ventures | |
| Oct, 2020 | Amount | Seed - Rise Gardens | Valuation | Alexa Fund |
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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 Rise Gardens
Rise Gardens has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, TELUS Ventures and True Ventures. 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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Investments in multiple sectors are directed by TELUS Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Early-stage US tech investments are focused on by Listen VC.
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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 Rise Gardens
| 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 - Rise Gardens
| 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 |
Rise Gardens Comparisons
Competitors of Rise Gardens
Rise Gardens 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 Freight Farms, Agrify, CubicFarms, Priva and AgEYE Technologies, 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 hydroponic container farms, software, training, and related support
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| domain | founded_year | HQ Location |
Farm management solutions for hemp and cannabis production are provided.
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| domain | founded_year | HQ Location |
Provider of an automated hydroponic growing system for farmers
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| domain | founded_year | HQ Location |
Automation and climate control solutions are provided for indoor farming.
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| domain | founded_year | HQ Location |
AI-powered farm management solutions are provided for horticulture and operations.
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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 Rise Gardens
Frequently Asked Questions about Rise Gardens
When was Rise Gardens founded?
Rise Gardens was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Rise Gardens located?
Rise Gardens is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Rise Gardens a funded company?
Rise Gardens is a funded company, having raised a total of $18.87M across 4 funding rounds to date.
What does Rise Gardens do?
Rise Gardens was founded in 2019 in Chicago, United States. Indoor gardening systems for plants and flowers are developed and distributed by the company. Operations are focused on creating modular hydroponic solutions for urban environments. The sector encompasses agritech and consumer home products. Services include system design, assembly kits, and online sales through risegardens.com, targeting residential users in the United States.
Who are the top competitors of Rise Gardens?
Rise Gardens's top competitors include Freight Farms, CubicFarms and Agrify.
What products or services does Rise Gardens offer?
Rise Gardens offers Rise Garden 3, Hydroponic Seed Pods, and Plant Nutrients.
Who are Rise Gardens's investors?
Rise Gardens has 13 investors. Key investors include Amazon, TELUS Ventures, True Ventures, Listen, and Alexa Fund.