About Urban-gro
Urban-gro is a company based in Lafayette (United States) founded in 2012. Urban-gro has raised $2.55 million across 2 funding rounds. Urban-gro has completed 4 acquisitions, including Emerald Construction Management, IMPACT Engineering and MJ12 Design Studio. Urban-gro offers products and services including Pre-Design Consultation, Design Services, Construction Services, and Systems Integration. Urban-gro operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Lafayette, United States
- Stage Public
- SectorsAgricultureBusiness Services Energy & Utilities Industrial Goods & Manufacturing
- Website urban-gro.com
- Social LinkedIn X Facebook Instagram
- Legal Name Urban-Gro Inc.
- Annual Revenue$40.01 M (USD)-42.78as on Dec 31, 2024
- Net Profit-$36.5 M (USD)-43.47as on Dec 31, 2024
- EBITDA-$22.22 M (USD)-48.99as on Dec 31, 2024
- Total Equity Funding$2.55M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Post-IPO
Dec 2023
- Investments & AcquisitionsEmerald Construction Management
& 3 more
Products & Services of Urban-gro
Urban-gro offers a comprehensive portfolio of products and services, including Pre-Design Consultation, Design Services, Construction Services, and Systems Integration.
Guides clients through application processes and site evaluations.
Develops intent-driven designs for efficient operations and goals.
Manages general contracting and timely project delivery.
Procures and optimizes equipment for optimal facility performance.
Funding Insights of Urban-gro
Urban-gro has successfully raised a total of $2.55M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $10 million completed in December 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 $2.55M
- Total Rounds 2
- Last Round Post-IPO — $10M
- First Round $2.55M
(Mar 2018)
All 2 funding rounds of Urban-gro 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 |
|---|---|---|---|---|---|
| Dec 2023 | $10M | Post-IPO | – | – | – |
| Mar 2018 | $2.55M | Seed | – | – | – |
People of Urban-gro
9 people are tracked at Urban-gro (8 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Wesley Daoust | VP, Mechanical Engineering | Leadership |
Bradley Nattrass | Chairman & CEO | Leadership |
Brett Cherniack | VP, Sales | Leadership |
Shaun Strickland | VP, Consulting Services | Leadership |
Jason Feit | VP, Electrical Engineering | Leadership |
Bryan Bangs | VP, Construction Services | Leadership |
Darin Garrison | VP, Fire Protection | Leadership |
Lucas Targos | VP, Business Development, EMEA | Leadership |
Jason Dawson | EVP, Engineering | Team |
Complete people profiles for Urban-gro
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IPO & Listings of Urban-gro
Urban-gro is a publicly listed company on the NASDAQ with ticker symbol UGRO in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Nov 2019
- Listed onOTCMKTS: UGRO
- Listed entityurban-gro, Inc.
- Exchange sectorDistribution services
Investments & Acquisitions by Urban-gro
Urban-gro has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Emerald Construction Management, IMPACT Engineering and MJ12 Design Studio.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Engineering consulting services are provided by DVO since 1974. | dvoeng.com | Houston, United States | 1974 | Oct 2022 | •••• | |
Provider of construction management services | emeraldcminc.com | Centennial, United States | 1985 | Mar 2022 | $7M | |
Architecture design services are provided for building projects. | mj12designstudio.com | Centennial, United States | 2014 | Jun 2021 | $9.1M | |
Coolant filtration systems and material handling conveyors are manufactured. | impactengineering.com | Alexandria, United States | 1988 | Mar 2019 | •••• |
Complete acquisition details for Urban-gro
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Timeline of Urban-gro
8 dated milestones of Urban-gro across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Urban-gro is founded.
- Funding First funding round of $2.5M.
- Acquisition Acquires IMPACT Engineering.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires MJ12 Design Studio.
- Acquisition Acquires Emerald Construction Management.
- Acquisition Acquires UG Group.
- Funding Latest funding round, Post-IPO, of $10.0M.
Competitors of Urban-gro
Urban-gro 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 Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
| 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. | |
| ecobee.com | 2007 | Toronto, Canada | $151.52M | – | Provider of smart thermostats for commercial and residential applications | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. | |
| resideo.com | 2018 | Wilmington, United States | – | 293 | Smart home products for security and energy efficiency are provided. | |
| awox.com | 2003 | Montpellier, France | $5.13M | – | Wifi-enabled smart home appliances are provided by AwoX. | |
| franklinenergy.com | 1994 | Milwaukee, United States | – | 641 | Energy efficiency programs are designed for utilities and municipalities. | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. |
Detailed competitors of Urban-gro
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- Full competitor set
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Web traffic of Urban-gro
The website of Urban-gro (urban-gro.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 13.6% vs previous month
Latest news on Urban-Gro
Complete news archive for Urban-gro
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Similar companies to Urban-gro
10 companies that operate in the same segment as Urban-gro (Crop Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
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 983.39 M | – | – | |
Manufacturer and distributor of irrigation equipment | 1963 | Jalgaon, Maharashtra, India | – | USD 679.04 M | 12,280 | |
AgroStar is engaged in providing agricultural products and solutions. | 2013 | Pune, Maharashtra, India | USD 208.82 M | USD 31.86 M | 1,249 | |
Crop protection solutions and hybrid seeds are provided for farming. | 2000 | Basel, Basel-stadt, Switzerland | – | – | – | |
SaaS-based B2B solutions for food supply chains are provided. | 2015 | Gurugram, Haryana, India | USD 51.11 M | USD 124.42 M | 373 | |
DeHaat is recognized as an online marketplace for farmers. | 2012 | Patna, Bihar, India | USD 223.57 M | USD 240.09 M | 2,011 |
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Frequently Asked Questions about Urban-gro
Urban-gro was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Urban-gro is headquartered in Lafayette, United States. It is registered at Lafayette, Louisiana, United States.
Urban-gro is a funded company, having raised a total of $2.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.55M, raised on Mar 2018.
Annual revenue of Urban-gro is $40.01M as on Dec 31, 2024.
Urban-gro was founded in 2012 and is based in Lafayette, United States. Services in design, engineering, construction, and systems integration are offered for controlled environment agriculture. Turnkey solutions are delivered from initial project concepts through to completion. Complex equipment systems are engineered for high-performance facilities. The cannabis cultivation, retail dispensary, and vertical farming sectors are served. Consulting for facility management and maintenance is also provided.
Urban-gro's top competitors include ecobee, Particle and Landis+Gyr.
Urban-gro offers Pre-Design Consultation, Design Services, Construction Services, and Systems Integration.
Yes, Urban-gro is publicly traded on NASDAQ under the ticker symbol UGRO.
Urban-gro has made 4 acquisitions, including Emerald Construction Management, IMPACT Engineering, and MJ12 Design Studio.
Urban-gro operates through Urban-Gro Inc..