Plenty - About the company
Plenty is a series E company based in San Francisco (United States), founded in 2014 by Matt Barnard. It operates as a Revolutionizing agriculture with indoor vertical farms for sustainable, pesticide-free produce. Plenty has raised $944M in funding from investors like Innovation Endeavors, DCVC and Western Technology Investment, with a current valuation of $4B. The company has 706 active competitors, including 94 funded and 28 that have exited. Its top competitors include companies like Gotham Greens, Village Farms and GrowUp Farms.
Sectors and market segments that Plenty operate in
Plenty serves in the Food and Agriculture Tech market segments.The primary business model of Plenty is:Company Details
Revolutionizing agriculture with indoor vertical farms for sustainable, pesticide-free produce. This company reimagines farming through innovative indoor vertical farms, producing cleaner, fresher food while minimizing environmental impact. They grow a variety of crops, including leafy greens and berries, using less land and water than conventional farming methods. Their controlled environment eliminates the need for pesticides, ensuring pesticide-residue-free produce. They leverage technology, data farming, and world-class research to optimize growing conditions and expand their operations. This company is committed to building a more secure and sustainable food supply for the future. They are focused on social impact, sustainability, and food security.
- Website
- www.plenty.ag/
- Email ID
- *****@plenty.ag
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Series E
Total Funding
$944M in 8 rounds
Latest Funding Round
Post Money Valuation
$4B as on Jan 25, 2022
Investors
Ranked
22nd among 706 active competitors
Employee Count
228 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Plenty
Plenty is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PLENTY UNLIMITED INC. CIN: 811900916 , United States, Active | Aug 20, 2014 | - | 151 (As on Dec 31, 2024) | - |
Plenty Inc. CIN: 1626692 , United States, Active | $1 - $1M (As on Nov 21, 2014) | - | - |
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Plenty's funding and investors
Plenty has raised a total funding of $944M over 8 rounds. Its first funding round was on 2016. Its latest funding round was a Series E round on Jan 25, 2022 for $400M. 4 investors participated in its latest round. Plenty has 18 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Plenty:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 25, 2022 | $400M | Series E | $4B | - | ||
Mar 22, 2021 | Undisclosed | Series D | - | - | - | |
Oct 14, 2020 | $140M | Series D | - | - | - |
View details of Plenty's funding rounds and investors
Plenty's founders and board of directors
Founder? Claim ProfileThe founders of Plenty is Matt Barnard.
Here are the details of Plenty's key team members:
- Matt Barnard: Former Co-Founder of Plenty and founder of 1 other company. They are also an angel investor in 1 startup.
Plenty's Board of Directors
Plenty's board has 1 active member. David Hughes Sommers is independent board member.Here is the list of Plenty's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 11y 7m |
View details of Plenty's Founder profiles and Board Members
Plenty's employee count trend
Plenty has 228 employees as of Jun 26. Here is Plenty's employee count trend over the years:
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Plenty's Competitors and alternates
Top competitors of Plenty include Gotham Greens, Village Farms and GrowUp Farms. Here is the list of Top 10 competitors of Plenty, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Gotham Greens 2009, Brooklyn (United States), Series E | Provider of fresh produce and packaged dips using sustainable farming | $440M | 64/100 | |
2nd | Village Farms 1989, Delta (Canada), Public | Sustainable agriculture and cannabis leader, improving life through innovative plant-based solutions | - | - | 66/100 |
3rd | GrowUp Farms 2013, Sandwich (United Kingdom), Series B | Vertical farm growing fresh, sustainable leaves year-round with renewable energy | $49.3M | 64/100 | |
4th | Pure Harvest 2016, Abu Dhabi (United Arab Emirates), Series D | Locally grown, sustainable hydroponic produce for fresh, flavorful, and healthy eating | $387M | 62/100 | |
5th | Nutrifresh 2019, Pune (India), Seed | Provider of hydroponically-grown produce through controlled environment agriculture | $20.1M | 62/100 | |
6th | Operators of indoor automated vertical farming systems | $17.5M | 61/100 | ||
7th | Hippo Harvest 2019, United States, Series C | Sustainable greenhouse farming leveraging technology for fresher, cleaner, and sustainable greens | $51M | 61/100 | |
8th | 80 Acres Farms 2015, Hamilton (Canada), Series B | Provider of salad kits, salad blends, microgreens, herbs, and dressings | $354M | 60/100 | |
9th | Soli Organic 1989, Harrisonburg (United States), Series D | Fresh, flavorful organic herbs grown in organic soil for best flavor | $292M | 59/100 | |
10th | Company offering a global vertical farming network using efficient farming methods | $499M | 58/100 | ||
22nd | Plenty 2014, San Francisco (United States), Series E | Revolutionizing agriculture with indoor vertical farms for sustainable, pesticide-free produce | $944M | 53/100 |
Looking for more details on Plenty's competitors? Click here to see the top ones
Plenty's Investments and acquisitions
Plenty has acquired Bright Agrotech. Plenty has not made any investments as of now.Reports related to Plenty
Here is the latest report on Plenty's sector:
News related to Plenty
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Bezos-backed Vertical Farming Startup Plenty Files For BankruptcyThe Wall Street Journal•Mar 24, 2025•Plenty
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Plenty Undertakes Restructuring Process to Support Focus on Premium Strawberry MarketPR Newswire•Mar 23, 2025•Plenty
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7-Eleven and Indoor Vertical Farm Plenty Expand Sustainable Offerings in Fresh ProducePR Newswire•Aug 22, 2024•7-Eleven, Plenty
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Plenty’s $680m JV with MawaridGlobal Legal Chronicle•Aug 03, 2024•Plenty, Freshfields Bruckhaus Deringer, Unlimited Inc, Mawaridhi
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