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Local Bounti - About the company

Local Bounti is a public company based in Ravalli (United States), founded in 2018 by Craig Hurlbert. It operates as a Sustainable indoor agriculture company delivering fresh, local, and long-lasting produce. Local Bounti has raised an undisclosed amount in funding. The company has 58 active competitors, including 6 funded and 4 that have exited. Its top competitors include companies like 80 Acres Farms, Fresh Origins and Hardee Fresh.

Company Details

Sustainable indoor agriculture company delivering fresh, local, and long-lasting produce. They revolutionize agriculture by growing greens indoors using advanced, climate-controlled greenhouses. This innovative approach ensures optimal light, temperature, and nutrients, resulting in the freshest, longest-lasting, and most sustainable produce. They are dedicated to nourishing communities by providing access to locally grown food, reducing environmental impact through efficient use of land and water, and minimizing food waste. Their commitment extends to community stewardship, supporting local food banks, and investing in employee well-being. They focus on sustainability, innovation, and community, aiming to meet the growing demand for fresh produce while protecting the planet. They offer leafy greens, living lettuces, salad kits, and herbs.
Social
X
Email ID
*****@localbounti.com
Phone Number
+1 **********
Registered Address
Emeryville, California
Key Metrics
Founded Year
2018
Location
Ravalli, United States
Stage
Public
Latest Funding Round
Ranked
Annual Revenue
$10M - $50M as on Dec 31, 2025
Employee Count
146 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Local Bounti's IPO details

Local Bounti got listed on Nov 22, 2021.
Click here to take a look at Local Bounti's IPO in detail
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Local Bounti's funding and investors

Local Bounti has raised funding over 5 rounds. Its first funding round was on Sep 07, 2021. Local Bounti has 4 institutional investors.

Here is the list of recent funding rounds of Local Bounti:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 31, 2025
5719844
Post IPO
4917167
8843802
2627333
2573532
Feb 07, 2024
7956715
Conventional Debt
3223294
1599791
2567217
Oct 20, 2022
9400968
Post IPO
7557201
7923952
3606351
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Local Bounti's founders and board of directors

Founder? Claim Profile
The founders of Local Bounti is Craig Hurlbert.
Here are the details of Local Bounti's key team members:

Local Bounti's employee count trend

Local Bounti has 146 employees as of Jun 26. Here is Local Bounti's employee count trend over the years:
Employee count trend for Local Bounti
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Local Bounti's Competitors and alternates

Top competitors of Local Bounti include 80 Acres Farms, Fresh Origins and Hardee Fresh. Here is the list of Top 10 competitors of Local Bounti, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for 80 Acres Farms
80 Acres Farms
2015, Hamilton (Canada), Series B
Provider of salad kits, salad blends, microgreens, herbs, and dressings
$354M
60/100
2nd
Logo for Local Bounti
Local Bounti
2018, Ravalli (United States), Public
Sustainable indoor agriculture company delivering fresh, local, and long-lasting produce
-
58/100
3rd
Logo for Fresh Origins
Fresh Origins
1995, San Marcos (United States), Acquired
Provider of microgreens, edible flowers, and specialty items for culinary use
$205M
45/100
4th
Logo for Hardee Fresh
Hardee Fresh
2017, Wauchula (United States), Funding Raised
Producer of leafy greens and herbs using indoor organic vertical farms
-
44/100
5th
Logo for Fifth Season
Fifth Season
2016, Pittsburgh (United States), Deadpooled
provider of solutions for soil based cultivation practice & technology for indoor farming
$85.6M
41/100
6th
Logo for Solstice
Solstice
2011, Seattle (United States), Seed
Online platform offering slot demo games and various shopping categories
$2.15M
-
35/100
7th
Logo for Up Top Acres
Up Top Acres
2014, Washington, DC (United States), Unfunded
Uplifting urban spaces with sustainable farms and gardens for healthier communities
-
-
32/100
8th
Logo for That's Tasty
That's Tasty
2004, Harrisonburg (United States), Seed
Producer and supplier of microgreens and herbs
$2.22M
31/100
9th
Logo for Green Circle Growers
Green Circle Growers
1998, Oberlin (United States), Funding Raised
Indoor growing space for plants and vegetables
-
29/100
10th
Logo for GoShango
GoShango
2014, Portland (United States), Acquired
Premium cannabis dispensary offering flower, edibles, concentrates, and topicals
-
-
28/100
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Local Bounti's Investments and acquisitions

Local Bounti has acquired Pete's. Local Bounti has not made any investments as of now.

Reports related to Local Bounti

Here is the latest report on Local Bounti's geography:

News related to Local Bounti

lockFilter this list
Media has covered Local Bounti for a total of 6 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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FAQs about Local Bounti

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