GrowCo - About the company
GrowCo is a series A company based in Denver (United States), founded in 2014. It operates as an Infrastructure for cannabis growers and logistics services. GrowCo has raised $19.8M in funding. The company has 305 active competitors, including 13 funded and 15 that have exited. Its top competitors include companies like SAIA, Koidra and Kheyti.
Company Details
GrowCo provides growing infrastructure for licensed cannabis growers. It claims that the growing facilities are environmentally friendly computer controlled natural growing system and are more advanced than converted greenhouse facilities. Through its water rights in the Arkansas river basin, it provides water for irrigation in those facilities. It does not perform any operational activities in the developed facilities and leases the complete rights to growers.
- Website
- trgrowco.com
Key Metrics
Founded Year
2014
Location
Denver, United States
Stage
Series A
Total Funding
$19.8M in 5 rounds
Latest Funding Round
Ranked
5th among 305 active competitors
Employee Count
4,552 as on Dec 31, 2018
Legal entities associated with GrowCo
GrowCo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
GODADDY.COM, LLC CIN: 5074703 , United States, Active | - | 4443 (As on Dec 31, 2017) | - |
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GrowCo's funding and investors
GrowCo has raised a total funding of $19.8M over 5 rounds. Its first funding round was on Jan 20, 2015.
Here is the list of recent funding rounds of GrowCo:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 09, 2017 | 6780949 | Series A | 4279094 | 7739742 | 3243453 | 4473368 |
Sep 07, 2016 | 2839537 | Series A | 1281000 | 5884486 | 6229833 | 3982705 |
Oct 01, 2015 | 1898576 | Series A | 3993887 | 3578994 | 3864988 | 2195468 |
View details of GrowCo's funding rounds and investors
GrowCo's founders and board of directors
Founder? Claim ProfileGrowCo's employee count trend
GrowCo has 4,552 employees as of Dec 18. The total employee count is 3.0% more than what it was in Dec 17. Here is GrowCo's employee count trend over the years:
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GrowCo's Competitors and alternates
Top competitors of GrowCo include SAIA, Koidra and Kheyti. Here is the list of Top 10 competitors of GrowCo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SAIA 2017, Ede (Netherlands), Series A | Developer of autonomous indoor farming technology for controlled environment agriculture | $11.6M | 50/100 | |
2nd | Koidra 2020, Seattle (United States), Seed | Provider of IoT and AI-based indoor farm automation solutions | $4.5M | 49/100 | |
3rd | Provider of modular greenhouse systems with agronomy support services | - | 47/100 | ||
4th | Tortuga AgTech 2016, Denver (United States), Series A | Provider of AI-enabled robot greenhouses systems | $27.7M | 46/100 | |
5th | GrowCo 2014, Denver (United States), Series A | Infrastructure for cannabis growers and logistics services | $19.8M | - | 45/100 |
6th | AmeriCann 2014, Denver (United States), Public | Cannabis cultivation and processing facilities for adult-use and medical markets | - | 45/100 | |
7th | Keisha Greens 2010, Ahmedabad (India), Unfunded | Designer and installer of greenhouse and hydroponic systems | - | - | 44/100 |
8th | Zordi 2004, San Francisco (United States), Series A | Provider of AI-based greenhouse system for strawberry cultivation | $20M | 42/100 | |
9th | iyris 2014, Washington, DC (United States), Series A | Provider of solutions for indoor crop production | $52.4M | 38/100 | |
10th | Nature’s Miracle 2021, Newport Beach (United States), Public | Provider of controlled environment agriculture technology, including lighting and climate systems | - | - | 37/100 |
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GrowCo's Investments and acquisitions
GrowCo has made no investments or acquisitions yet.
Reports related to GrowCo
Here is the latest report on GrowCo's sector:
News related to GrowCo
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GrowCo Signs Lease for Additional Tenant to Begin Growing in PuebloNewMediaWire•Feb 01, 2017•Two Rivers Water & Farming, GrowCo
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