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.
- Website
- localbounti.com
- 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
Investors
Ranked
2nd among 58 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2025
Employee Count
146 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Local Bounti
Local Bounti is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOCAL BOUNTI CORPORATION/DE CIN: 1840780 , United States, Active | $10M - $50M (As on Dec 31, 2025) | 289 (As on Dec 31, 2022) | - | |
Amyris, Inc. CIN: 550856151 , United States, Active | Dec 26, 999 | $100M - $500M (As on Dec 31, 2022) | 247 (As on Dec 31, 2024) | - |
Crop One Holdings, Inc. CIN: 454103947 , United States, Active | Dec 31, 1999 | - | 66 (As on Dec 31, 2022) | - |
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:
Filter 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 |
View details of Local Bounti's funding rounds and investors
Local Bounti's founders and board of directors
Founder? Claim ProfileThe founders of Local Bounti is Craig Hurlbert.
Here are the details of Local Bounti's key team members:
- Craig Hurlbert: Co-Founder, Chairman and CEO of Local Bounti.
View details of Local Bounti's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 80 Acres Farms 2015, Hamilton (Canada), Series B | Provider of salad kits, salad blends, microgreens, herbs, and dressings | $354M | 60/100 | |
2nd | Local Bounti 2018, Ravalli (United States), Public | Sustainable indoor agriculture company delivering fresh, local, and long-lasting produce | - | 58/100 | |
3rd | Fresh Origins 1995, San Marcos (United States), Acquired | Provider of microgreens, edible flowers, and specialty items for culinary use | $205M | 45/100 | |
4th | Hardee Fresh 2017, Wauchula (United States), Funding Raised | Producer of leafy greens and herbs using indoor organic vertical farms | - | 44/100 | |
5th | Fifth Season 2016, Pittsburgh (United States), Deadpooled | provider of solutions for soil based cultivation practice & technology for indoor farming | $85.6M | 41/100 | |
6th | Solstice 2011, Seattle (United States), Seed | Online platform offering slot demo games and various shopping categories | $2.15M | - | 35/100 |
7th | Up Top Acres 2014, Washington, DC (United States), Unfunded | Uplifting urban spaces with sustainable farms and gardens for healthier communities | - | - | 32/100 |
8th | That's Tasty 2004, Harrisonburg (United States), Seed | Producer and supplier of microgreens and herbs | $2.22M | 31/100 | |
9th | Green Circle Growers 1998, Oberlin (United States), Funding Raised | Indoor growing space for plants and vegetables | - | 29/100 | |
10th | GoShango 2014, Portland (United States), Acquired | Premium cannabis dispensary offering flower, edibles, concentrates, and topicals | - | - | 28/100 |
Looking for more details on Local Bounti's competitors? Click here to see the top ones
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
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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Local Bounti Expands Distribution of Locally Grown Greens to Harris Teeter StoresPerishableNews.com•Jun 15, 2026•Local Bounti
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Local Bounti Announces Third Quarter 2025 Financial Results, Reports 19% Revenue GrowthPR Newswire•Nov 12, 2025•Local Bounti
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Local Bounti Secures $10 Million Financing & Debt Reduction with Existing InvestorsFinancial Times•Aug 04, 2025•Local Bounti
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Heidi Health raises $26.5 million to help doctors focus on patient careSmartCompany•Mar 06, 2025•Heidi, Headline, Local Bounti, Blackbird Labs and 4 others
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Anna Castellani creates communities around foodThe Business Journals•Jan 30, 2025•Local Bounti, Foragers Friend
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