About Thrive Agritech
Thrive Agritech is an Agriculture company based in New York (United States) founded in 2014 by Brian Bennett. LED grow lights are supplied for indoor agriculture applications. It operates in the Agriculture, Energy & Utilities, and Business Services sectors. Thrive Agritech has raised $3.17 million across 3 funding rounds from investors including Y Combinator. Its chief executive, as recorded, is Brian Bennett. Thrive Agritech offers products and services including Pinnacle HP, Pinnacle Apex, Boost XE, Infinity XE, and Strata. Its focus areas include Energy Tech, Energy Efficiency Tech, Lighting Products and LED. Its competitors include Particle, Span.IO and PowerSecure; 2 of its 3 listed competitors have raised funding.
Company details
Thrive Agritech was founded in 2014 and is based in New York, United States. Operations focus on the agritech sector, where LED grow lights are provided for indoor farming. The product range encompasses white light spectrum LEDs for greenhouses and cannabis cultivation, as well as solutions for vertical farming and additional LED bulbs. Services support controlled environment agriculture across various scales.
- Headquarters New York, United States
- Founders Brian Bennett
- SectorsAgricultureEnergy & Utilities Business Services
- Email••••••••
- Phone•••• ••••
- Website thriveagritech.com
- Social LinkedIn X Instagram
- Total Equity Funding$3.17M (USD)
in 3 rounds
- Latest Funding Round$2.93M (USD), Series A
Mar 2018
- Investors
Products & Services of Thrive Agritech
Thrive Agritech offers a comprehensive portfolio of products and services, including Pinnacle HP, Pinnacle Apex, Boost XE, Infinity XE, and Strata.
High-power light for cannabis and greenhouse applications.
Efficient light for sea-of-green cannabis setups.
Compact light for multi-tier cannabis and leafy greens.
Low-power option for propagation and multi-tier farming.
Versatile light for microgreens, herbs, and vegetables.
Universal light for multi-tier flower and vegetable growth.
Remote system for cost-effective lighting installations.
Funding Insights of Thrive Agritech
Thrive Agritech has successfully raised a total of $3.17M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.93 million completed in March 2018. 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 $3.17M
- Total Rounds 3
- Last Round Series A — $2.93M
- First Round $120,000
(Aug 2015)
- Investors Count 1
All 3 funding rounds of Thrive Agritech 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 |
|---|---|---|---|---|---|
| Mar 2018 | $2.93M | Series A | – | – | – |
| Jun 2017 | $120,000 | Seed | – | – | |
| Aug 2015 | $120,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Thrive Agritech
Thrive Agritech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Thrive Agritech
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People of Thrive Agritech
4 people are tracked at Thrive Agritech (4 in leadership).
| Name | Role | Group |
|---|---|---|
Brian Bennett | Founder & CEO | Leadership |
Chuck DeMilo | Vice President Marketing | Leadership |
Rachel L. | Director Of Operations | Leadership |
Joel Cheney | Director of Global Partnerships | Leadership |
Complete people profiles for Thrive Agritech
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Timeline of Thrive Agritech
3 dated milestones of Thrive Agritech across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Thrive Agritech is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series A, of $2.9M.
Competitors of Thrive Agritech
Thrive Agritech has 3 listed competitors in our database, 2 of them funded. They include Particle, Span.IO and PowerSecure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. | ||
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions |
Detailed competitors of Thrive Agritech
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Web traffic of Thrive Agritech
The website of Thrive Agritech (thriveagritech.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 58.4% vs previous month
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Thrive Agritech (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 Thrive Agritech
Thrive Agritech was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Thrive Agritech is headquartered in New York, United States. It is registered at New York, New York, United States.
Brian Bennett is the CEO of Thrive Agritech, as recorded in our data. They have also founded this company.
Thrive Agritech is a funded company, having raised a total of $3.17M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 2015.
Thrive Agritech was founded in 2014 and is based in New York, United States. Operations focus on the agritech sector, where LED grow lights are provided for indoor farming. The product range encompasses white light spectrum LEDs for greenhouses and cannabis cultivation, as well as solutions for vertical farming and additional LED bulbs. Services support controlled environment agriculture across various scales.
Thrive Agritech's top competitors include Particle, Span.IO and PowerSecure.
Thrive Agritech offers Pinnacle HP, Pinnacle Apex, Boost XE, Infinity XE, and 3 more products and services.
Thrive Agritech has 1 investor. Key investors include Y Combinator.