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.
- Website
- farmsteadapp.com
- 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
Investors
Ranked
35th among 584 active competitors
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:
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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 |
View details of Farmstead's funding rounds and investors
Farmstead's founders and board of directors
Founder? Claim ProfileThe founders of Farmstead are Pradeep Elankumaran and Kevin Li.
Here are the details of Farmstead's key team members:
- Pradeep Elankumaran: Co-Founder of Farmstead.
- Kevin Li: Co-Founder of Farmstead.
View details of Farmstead's Founder profiles and Board Members
Farmstead's employee count trend
Farmstead has 53 employees as of Apr 26. Here is Farmstead's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | Instacart 2012, San Francisco (United States), Public | Operator of an online marketplace providing grocery and delivery services | $2.93B | 87/100 | |
3rd | Thrive Market 2014, Los Angeles (United States), Series C | Online membership-based platform offering organic groceries | $332M | 83/100 | |
4th | Gopuff 2013, Philadelphia (United States), Series D | Online platform offering on-demand delivery services for food and groceries | $5.14B | 79/100 | |
5th | Shipt 2014, Birmingham (United States), Acquired | Provider of on-demand grocery delivery | $60.1M | 77/100 | |
6th | SayWeee 2015, San Francisco (United States), Series E | Online retailer of Asian groceries, food, and household products | $864M | 76/100 | |
7th | Fresh Direct 2002, New York City (United States), Acquired | Online platform offering multi-category grocery products | $325M | 75/100 | |
8th | Mercato 2015, Brooklyn (United States), Series A | Online grocery delivery connecting customers with local, independent grocers | $40.8M | 74/100 | |
9th | App based platform offering multi-category grocery products | $2.54B | 74/100 | ||
10th | UberEATS 2014, Denver (United States), Funding Raised | App-based platform offering food and grocery delivery services | - | 69/100 | |
35th | Farmstead 2016, San Mateo (United States), Deadpooled | Online platform offering multi-category grocery products | $14.9M | 43/100 |
Looking for more details on Farmstead's competitors? Click here to see the top ones
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
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Farmstead tackles food waste with Eat This First launchRetail Technology Innovation Hub•Apr 19, 2022•Farmstead
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Farmstead and Circle K team on e-commerce and last mile systems projectsRetail Technology Innovation Hub•Mar 02, 2022•Farmstead, Circle K
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Rapid grocery delivery firm Farmstead launches in ChicagoRetail Technology Innovation Hub•Jan 17, 2022•Farmstead
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Former Walmart, Ahold Delhaize Exec Joins Farmstead as Head of SupplyProgressive Grocer•Dec 13, 2021•Walmart, Farmstead, Peapod Digital Labs
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Farmstead to Partner With Companies for End-to-End Grocer eCommercePYMNTS.com•Nov 04, 2021•Farmstead
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Farm Link Hawaii Taps Farmstead’s Grocery OS SoftwareProgressive Grocer•Sep 01, 2021•Farm Link Hawaii, Farmstead
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