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Farmstead - About the company

Farmstead is a deadpooled company based in San Mateo (United States), founded in 2016 by Pradeep Elankumaran and Kevin Li. It operates as an Online platform offering multi-category grocery products. Farmstead has raised $14.9M in funding from investors like Resolute Ventures, Circle K and Social Capital. The company has 584 active competitors, including 40 funded and 26 that have exited. Its top competitors include companies like DoorDash, Instacart and Thrive Market.

Company Details

Farmstead is an online platform offering multi-category grocery products. It offers products from several categories including produce, dairy & eggs, bakery, drinks, kids & babies, etc. Users can opt for a weekly subscription service or place a one-time order. The company provides smart-buying AI technology that reduces food waste by buying only the required products.
Social
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Email ID
*****@farmsteadapp.com
Phone Number
+1 **********
Key Metrics
Founded Year
2016
Location
San Mateo, United States
Stage
Deadpooled
Total Funding
$14.9M in 5 rounds
Latest Funding Round
Ranked
Employee Count
53 as on Apr 30, 2026
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Farmstead's funding and investors

Farmstead has raised a total funding of $14.9M over 5 rounds. Its first funding round was on Oct 05, 2017. Its latest funding round was a Series A round on Mar 01, 2022 for $*****. 1 investor participated in its latest round. Farmstead has 23 institutional investors.

Here is the list of recent funding rounds of Farmstead:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 01, 2022
2828926
Series A
7502236
1901412
4162635
5608254
Nov 18, 2020
8356838
Series A
1200701
1788331
9040487
Dec 07, 2018
2622148
Seed
9304349
5388477
4215459
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Farmstead's founders and board of directors

Founder? Claim Profile
The founders of Farmstead are Pradeep Elankumaran and Kevin Li.
Here are the details of Farmstead's key team members:

Farmstead's employee count trend

Farmstead has 53 employees as of Apr 26. Here is Farmstead's employee count trend over the years:
Employee count trend for Farmstead
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Farmstead's Competitors and alternates

Top competitors of Farmstead include DoorDash, Instacart and Thrive Market. Here is the list of Top 10 competitors of Farmstead, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DoorDash
DoorDash
2013, San Francisco (United States), Public
Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers
$2.5B
88/100
2nd
Logo for Instacart
Instacart
2012, San Francisco (United States), Public
Operator of an online marketplace providing grocery and delivery services
$2.93B
87/100
3rd
Logo for Thrive Market
Thrive Market
2014, Los Angeles (United States), Series C
Online membership-based platform offering organic groceries
$332M
83/100
4th
Logo for Gopuff
Gopuff
2013, Philadelphia (United States), Series D
Online platform offering on-demand delivery services for food and groceries
$5.14B
79/100
5th
Logo for Shipt
Shipt
2014, Birmingham (United States), Acquired
Provider of on-demand grocery delivery
$60.1M
77/100
6th
Logo for SayWeee
SayWeee
2015, San Francisco (United States), Series E
Online retailer of Asian groceries, food, and household products
$864M
76/100
7th
Logo for Fresh Direct
Fresh Direct
2002, New York City (United States), Acquired
Online platform offering multi-category grocery products
$325M
75/100
8th
Logo for Mercato
Mercato
2015, Brooklyn (United States), Series A
Online grocery delivery connecting customers with local, independent grocers
$40.8M
74/100
9th
Logo for Getir
Getir
2015, Istanbul (Turkey), Series E
App based platform offering multi-category grocery products
$2.54B
74/100
10th
Logo for UberEATS
UberEATS
2014, Denver (United States), Funding Raised
App-based platform offering food and grocery delivery services
-
69/100
35th
Logo for Farmstead
Farmstead
2016, San Mateo (United States), Deadpooled
Online platform offering multi-category grocery products
$14.9M
43/100
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Farmstead's Investments and acquisitions

Farmstead has made no investments or acquisitions yet.

Reports related to Farmstead

Here is the latest report on Farmstead's sector:

News related to Farmstead

lockFilter this list
Farmstead tackles food waste with Eat This First launchRetail Technology Innovation HubApr 19, 2022Farmstead
Rapid grocery delivery firm Farmstead launches in ChicagoRetail Technology Innovation HubJan 17, 2022Farmstead
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