BrightFarms

BrightFarms is an AgTech startup that grows local produce, nationwide. The company finances, builds and operates local greenhouse farms in partnership with supermarkets, cities, capital sources and vendors to grow pesticide-free and non-GMO local produce.

BrightFarms eliminates time, distance, and costs from the food supply chain by financing, building, and operating local greenhouse farms in partnership with supermarkets, cities, capital sources, and vendors.

BrightFarms was founded 2011 by Paul Lightfoot & Ted Caplow. The company is based in New York, New York.

Brightfarms produces fruits and vegetables, including baby leaf lettuces and herbs, salad greens, tomatoes, and basil.

BrightFarms has created a scalable model for the future of sustainable, local farming, using far less energy, land, and water than long distance, centralized, and field grown agriculture.

BrightFarms employs local, community farmers and makes pesticide-free produce accessible to all.

BrightFarms is backed by investors including Catalyst Investors, NGEN Partners, WP Global Partners, Cox Enterprises and others.

 

Brightfarms was recognized as “One of World’s 50 Most Innovative Companies” and one of the “Top 10 Most Innovative Companies in Food” in the world, by Fast Company.

 

 

 

  • Year founded: 2011
  • Funding Info: $112.9M in 6 Funding Rounds (Last Funding Type: Series D)
  • Yearly Revenue: $20M-$50M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: New York
  • State: New York
  • Country: United States
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