AeroFarms - About the company
AeroFarms is an acquired company based in New York City (United States), founded in 2004 by David Rosenberg, Ed Harwood and Marc Oshima. It operates as a Developer of vertical farming technology producing microgreens with elevated flavor. AeroFarms has raised $244M in funding from investors like AllianceBernstein, IKEA and Meraas, with last known valuation of $*****. The company has 41 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like Goodleaf Farms, Agresearch Labs and Living Greens.
Company Details
Developer of vertical farming technology producing microgreens with elevated flavor. The company utilizes breakthroughs in artificial intelligence and plant biology to grow a wide array of products. It delivers improved nutrition with traceability and food safety.
- Website
- aerofarms.com
Key Metrics
Founded Year
2004
Location
New York City, United States
Stage
Acquired
Total Funding
$244M in 11 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 09, 2019
Investors
Ranked
1st among 41 active competitors
Employee Count
140 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Palm Ventures (Jun 11, 2026)
AeroFarms's acquisition details
AeroFarms got acquired by Palm Ventures on Jun 11, 2026.
Click here to take a look at AeroFarms's acquisition in detail
Sign up to download AeroFarms' company profile
AeroFarms's funding and investors
AeroFarms has raised a total funding of $244M over 11 rounds. Its latest funding round was a Series E round on Aug 07, 2025 for $*****. 4 investors participated in its latest round. AeroFarms has 23 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of AeroFarms:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 07, 2025 | 8852946 | Series E | 3028595 | 2132162 | 5886690 | 4075402 |
May 2025 | 1867638 | Conventional Debt | 9253070 | 4197860 | 5889963 | |
Apr 09, 2024 | 8648018 | Series E | 2499650 | 8386394 | 4801872 | 3975057 |
View details of AeroFarms's funding rounds and investors
AeroFarms' founders and board of directors
Founder? Claim ProfileHere are the details of AeroFarms' key team members:
- David Rosenberg: Co-Founder and CEO of AeroFarms.
- Ed Harwood: Former Co-Founder of AeroFarms.
- Marc Oshima: Former Co-Founder of AeroFarms.
View details of AeroFarms's Founder profiles and Board Members
AeroFarms' employee count trend
AeroFarms has 140 employees as of May 26. Here is AeroFarms's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
AeroFarms's Competitors and alternates
Top competitors of AeroFarms include Goodleaf Farms, Agresearch Labs and Living Greens. Here is the list of Top 10 competitors of AeroFarms, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AeroFarms 2004, New York City (United States), Acquired | Developer of vertical farming technology producing microgreens with elevated flavor | $244M | 68/100 | |
2nd | Goodleaf Farms 2015, Bible Hill (Canada), Series D | Provider of pesticide-free microgreens, baby greens, and salad mixes | $162M | 57/100 | |
3rd | Agresearch Labs 2022, Bengaluru (India), Unfunded | Provider of aeroponic farming solutions for pesticide-free produce | - | - | 42/100 |
4th | Living Greens 2011, Faribault (United States), Series A | Aeroponics based cultivation practices for indoor farming | $14.3M | 35/100 | |
5th | LUV Produce 2016, Whittier (United States), Seed | Producer of fruits and vegetables using the aeroponic farming system | $2M | - | 33/100 |
6th | Krispr Farms 2017, Dubai (United Arab Emirates), Seed | Operators of vertical aeroponic farming systems sustainable production of leafy greens | $600K | 29/100 | |
7th | ![]() Growor Technologies 2019, Chennai (India), Unfunded | Developer of indoor farming technology for tomato and crop cultivation | - | - | 25/100 |
8th | Green Warrior 2020, Satara (India), Unfunded | Manufacturer of aeroponic towers and related hydroponic gardening accessories | - | - | 24/100 |
9th | MechanicalMoon 2005, Austin (United States), Seed | Developer of smart aeroponic growth chambers | $160K | - | 24/100 |
10th | SkyAcres Agrotechnologies 2021, Surrey (Canada), Unfunded | Provider of aeroponics vertical farming solutions | - | - | 24/100 |
Looking for more details on AeroFarms's competitors? Click here to see the top ones
AeroFarms's Investments and acquisitions
AeroFarms has made no investments or acquisitions yet.
Reports related to AeroFarms
Here is the latest report on AeroFarms's sector:
News related to AeroFarms
Media has covered AeroFarms for a total of 12 events in the last 1 year, 5 of them have been about company updates.
•
•
•
Microgreens Market Expected to Reach USD 3.34 Billion by 2031, Driven by Vertical Farming and Health TrendsPR Newswire•Mar 30, 2026•Mordor Intelligence, AeroFarms, BrightFarms, Goodleaf Farms and 2 others
•
•
AeroFarms® Announces the Continuation of its Operations and Microgreens Supply to CustomersBusiness Wire•Dec 19, 2025•AeroFarms
•
AeroFarms Secures Financing for Danville Operations, Expansion Planningigrownews.com•Dec 16, 2025•ACEG, Grosvenor, Ingka, Cibus Fund and 1 other
•
•
AeroFarms secures funding to build second vertical farmJust-Food•Aug 11, 2025•Gordon Ramsay Restaurants, AeroFarms
•
AeroFarms Raises Equity to Fund Pre-Construction Activities for Second FarmPerishableNews.com•Aug 07, 2025•Grosvenor, AeroFarms, Ingka, Cibus Fund
•
AeroFarms to Bring Locally Grown Microgreens to Harris Teeter CustomersPerishableNews.com•Jul 29, 2025•AeroFarms
Are you a Founder ?
FAQs about AeroFarms
Explore our recently published companies
- Sum Technology - Petaling Jaya based, 2013 founded, Public company
- Rezna - United States based, 2026 founded, Unfunded company
- Moerkantheide - Unfunded company
- Gebaeudereinigung-Jasarov - Unfunded company
- Kosmetikstudio-Windsbach - Unfunded company
- Hammerundneuderth - Unfunded company
