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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.
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Key Metrics
Founded Year
2014
Location
Denver, United States
Stage
Series A
Total Funding
$19.8M in 5 rounds
Latest Funding Round
Ranked
Employee Count
4,552 as on Dec 31, 2018
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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:lockFilter this list
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
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GrowCo's founders and board of directors

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GrowCo'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:
Employee count trend for GrowCo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SAIA
SAIA
2017, Ede (Netherlands), Series A
Developer of autonomous indoor farming technology for controlled environment agriculture
$11.6M
50/100
2nd
Logo for Koidra
Koidra
2020, Seattle (United States), Seed
Provider of IoT and AI-based indoor farm automation solutions
$4.5M
49/100
3rd
Logo for Kheyti
Kheyti
2015, Hyderabad (India), Seed
Provider of modular greenhouse systems with agronomy support services
-
47/100
4th
Logo for Tortuga AgTech
Tortuga AgTech
2016, Denver (United States), Series A
Provider of AI-enabled robot greenhouses systems
$27.7M
46/100
5th
Logo for GrowCo
GrowCo
2014, Denver (United States), Series A
Infrastructure for cannabis growers and logistics services
$19.8M
-
45/100
6th
Logo for AmeriCann
AmeriCann
2014, Denver (United States), Public
Cannabis cultivation and processing facilities for adult-use and medical markets
-
45/100
7th
Logo for Keisha Greens
Keisha Greens
2010, Ahmedabad (India), Unfunded
Designer and installer of greenhouse and hydroponic systems
-
-
44/100
8th
Logo for Zordi
Zordi
2004, San Francisco (United States), Series A
Provider of AI-based greenhouse system for strawberry cultivation
$20M
42/100
9th
Logo for iyris
iyris
2014, Washington, DC (United States), Series A
Provider of solutions for indoor crop production
$52.4M
38/100
10th
Logo for Nature’s Miracle
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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