About Springworks Farm
Springworks Farm is an Agriculture company based in Lisbon (United States) founded in 2014 by Trevor Kenkel. Organic lettuce is cultivated and provided via aquaponic systems. Springworks Farm has raised $41.52 million across 7 funding rounds from investors including Farm Credit East and Blue Highway Capital. Its chief executive, as recorded, is Trevor Kenkel. Springworks Farm offers products and services including Organic Lettuce and Assorted Greens. Its focus areas include Food and Agriculture Tech, Crop Tech, Indoor Farming and Aquaponics. Its legal entity is Springworks Farm Maine, Inc. Its competitors include Future Tech Farm, Floraponics and Cloud Produce; 1 of its 3 listed competitors has raised funding.
Company details
Springworks Farm was founded in 2014 and is located in Lisbon, United States. Operations center on the agriculture sector, where aquaponic technology is employed to grow organic lettuce. Environmental conditions are managed by the system to shield plants from pests. The portfolio encompasses organic baby green romaine lettuce, organic Boston bibb lettuce, organic green leaf lettuce, and additional varieties.
- Headquarters Lisbon, United States
- Founders Trevor Kenkel
- SectorsAgriculture
- Website springworksfarm.com
- Social LinkedIn X Facebook Instagram
- Legal Name Springworks Farm Maine, Inc.
- Total Equity Funding$41.52M (USD)
in 7 rounds
- Latest Funding Round$3.29M (USD), Debt – Conventional
Jul 2024
- InvestorsFarm Credit East
& 1 more
Products & Services of Springworks Farm
Springworks Farm offers a comprehensive portfolio of products and services, including Organic Lettuce and Assorted Greens.
Pesticide-free greens grown via aquaponics for sustainable local supply
Varieties of organic produce for supermarkets and direct sales
Funding Insights of Springworks Farm
Springworks Farm has successfully raised a total of $41.52M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3.29 million completed in July 2024. 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 $41.52M
- Total Rounds 7
- Last Round Debt – Conventional — $3.29M
- First Round $300,000
(May 2016)
- Investors Count 2
All 7 funding rounds of Springworks Farm with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $3.29M | Debt – Conventional | – | – | – |
| Feb 2023 | Debt – Conventional | – | – | ||
| Feb 2023 | $22M | Series A | – | – | |
| Nov 2022 | $17.08M | Series A | – | – | – |
| Dec 2017 | $1.6M | Seed | – | – | – |
| Sep 2017 | $535,838 | Seed | – | – | – |
| May 2016 | $300,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Springworks Farm
Springworks Farm has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Farm Credit East and Blue Highway Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bluehighwaycapital.com | ||||
Agricultural financing and services are provided by Farm Credit East. | farmcrediteast.com | United States |
Investor details for Springworks Farm
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People of Springworks Farm
3 people are tracked at Springworks Farm (3 in leadership).
| Name | Role | Group |
|---|---|---|
Trevor Kenkel | Founder & CEO | Leadership |
Brady Sinclair | Corportate Head Grower And Manager | Leadership |
Emily Donaldson | Director of Business Development | Leadership |
Complete people profiles for Springworks Farm
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Springworks Farm
3 dated milestones of Springworks Farm across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Springworks Farm is founded.
- Funding First funding round of $300K.
- Funding Latest funding round, Debt – Conventional, of $3.3M.
Competitors of Springworks Farm
Springworks Farm has 3 listed competitors in our database, 1 of them funded. They include Future Tech Farm, Floraponics and Cloud Produce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| futuretechfarm.com | 2012 | Grand Rapids, United States | Develops decentralized and distributed aquaponics farms for sustainable agriculture. | |||
| floraponics.co | 2022 | Poolesville, United States | $150,000 | Aquaponics-based solutions are provided for floral farming practices. | ||
| cloudproduce.com | 2011 | San Francisco, United States | Organic greens are produced using AI-controlled vertical aquaponic systems. |
Detailed competitors of Springworks Farm
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Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Springworks Farm (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | ||
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | 73 | ||
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | 808 |
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Frequently Asked Questions about Springworks Farm
Springworks Farm was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Springworks Farm is headquartered in Lisbon, United States.
Trevor Kenkel is the CEO of Springworks Farm, as recorded in our data. They have also founded this company.
Springworks Farm is a funded company, having raised a total of $41.52M across 7 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on May 2016.
Springworks Farm was founded in 2014 and is located in Lisbon, United States. Operations center on the agriculture sector, where aquaponic technology is employed to grow organic lettuce. Environmental conditions are managed by the system to shield plants from pests. The portfolio encompasses organic baby green romaine lettuce, organic Boston bibb lettuce, organic green leaf lettuce, and additional varieties.
Springworks Farm's top competitors include Floraponics, Cloud Produce and Future Tech Farm.
Springworks Farm offers Organic Lettuce and Assorted Greens.
Springworks Farm has 2 investors. Key investors include Farm Credit East, and Blue Highway Capital.
Springworks Farm operates through Springworks Farm Maine, Inc..