Earnest - About the company
Earnest is a seed company based in Champaign (United States), founded in 2018 by Eddy Mejia. It operates as a Converting agricultural waste into sustainable soil products. Earnest has raised $350K in funding from Gener8tor and IndieBio. The company has 165 active competitors, including 17 funded and 10 that have exited. Its top competitors include companies like Ginkgo Bioworks, Grow Indigo and Kan Biosys.
Company Details
Converting agricultural waste into sustainable soil products. It creates microbial products and soil amendments to support plant yields and promote environmental sustainability. It offers soil amendments, waste recycling, and microbe delivery services.
- Website
- www.earnest.ag/
Key Metrics
Founded Year
2018
Location
Champaign, United States
Stage
Seed
Total Funding
$350K in 2 rounds
Latest Funding Round
Ranked
16th among 165 active competitors
Employee Count
4 as on Jul 01, 2024
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Earnest's funding and investors
Earnest has raised a total funding of $350K over 2 rounds. Its first funding round was on 2022. Its latest funding round was a Seed round on Dec 23, 2023 for $*****. 1 investor participated in its latest round. Earnest has 4 institutional investors.
Here is the list of recent funding rounds of Earnest:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 23, 2023 | 5568344 | Seed | 9680096 | 5246710 | 4156076 | 9872476 |
2022 | 9137 | Seed | 8741 | 5534 | 1849 |
View details of Earnest's funding rounds and investors
Earnest's founders and board of directors
Founder? Claim ProfileThe founders of Earnest is Eddy Mejia.
Here are the details of Earnest's key team members:
- Eddy Mejia: Founder of Earnest and founder of 1 other company. Contact Info: 2 email addresses
View details of Earnest's Founder profiles and Board Members
Earnest's employee count trend
Earnest has 4 employees as of Jul 24. Here is Earnest's employee count trend over the years:
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Earnest's Competitors and alternates
Top competitors of Earnest include Ginkgo Bioworks, Grow Indigo and Kan Biosys. Here is the list of Top 10 competitors of Earnest, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ginkgo Bioworks 2008, Boston (United States), Public | Autonomous labs for biotechnology, empowering scientists to design the living world | $796M | 72/100 | |
2nd | Grow Indigo 2018, Mumbai (India), Series B | Provider of biological products and carbon solutions for sustainable agriculture | $24M | 59/100 | |
3rd | Kan Biosys 2005, Pune (India), Seed | Provider of microbes-based diversified crop biological solutions | $1.02M | 52/100 | |
4th | Biotechnology firm focused on agricultural innovation and technology | $10M | 49/100 | ||
5th | CroBio 2019, Wilmington (United States), Seed | Provider of digital agricultural solutions | $1.55M | 47/100 | |
6th | Biological solutions transforming dust into solid roads for sustainable mining | $11M | 45/100 | ||
7th | AgroSpheres 2016, Charlottesville (United States), Series B | Bio-based solutions transforming agriculture with reliable, affordable, and non-toxic pest control | $97.5M | 45/100 | |
8th | Andes 2018, Emeryville (United States), Series A | Provider of microbe-based seed soil regeneration solutions | $38M | 44/100 | |
9th | HyveGEO 2022, London (United Kingdom), Seed | Developes new materials for energy and electronics applications | - | 43/100 | |
10th | Pluton Biosciences 2017, St. Louis (United States), Series A | Provider of assay-based microbial research services | $24.2M | 42/100 | |
16th | Earnest 2018, Champaign (United States), Seed | Converting agricultural waste into sustainable soil products | $350K | 40/100 |
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Earnest's Investments and acquisitions
Earnest has made no investments or acquisitions yet.
Reports related to Earnest
Here is the latest report on Earnest's sector:
News related to Earnest
Media has covered Earnest for 1 event in last 1 year, It was about company updates.
•
Earnest Agriculture Announces Expansion Plans for Prairie Power Soybeanigrownews.com•Oct 27, 2025•Earnest
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