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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.
Social
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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
Ranked
Employee Count
228 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter this list
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
-
-
-
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Plenty's founders and board of directors

Founder? Claim Profile
The founders of Plenty is Matt Barnard.
Here are the details of Plenty's key team members:

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

Plenty's employee count trend

Plenty has 228 employees as of Jun 26. Here is Plenty's employee count trend over the years:
Employee count trend for Plenty
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Gotham Greens
Gotham Greens
2009, Brooklyn (United States), Series E
Provider of fresh produce and packaged dips using sustainable farming
$440M
64/100
2nd
Logo for Village Farms
Village Farms
1989, Delta (Canada), Public
Sustainable agriculture and cannabis leader, improving life through innovative plant-based solutions
-
-
66/100
3rd
Logo for GrowUp Farms
GrowUp Farms
2013, Sandwich (United Kingdom), Series B
Vertical farm growing fresh, sustainable leaves year-round with renewable energy
$49.3M
64/100
4th
Logo for Pure Harvest
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
Logo for Nutrifresh
Nutrifresh
2019, Pune (India), Seed
Provider of hydroponically-grown produce through controlled environment agriculture
$20.1M
62/100
6th
Logo for Fieldless
Fieldless
2017, Toronto (Canada), Acquired
Operators of indoor automated vertical farming systems
$17.5M
61/100
7th
Sustainable greenhouse farming leveraging technology for fresher, cleaner, and sustainable greens
$51M
61/100
8th
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
9th
Logo for Soli Organic
Soli Organic
1989, Harrisonburg (United States), Series D
Fresh, flavorful organic herbs grown in organic soil for best flavor
$292M
59/100
10th
Logo for INFARM
INFARM
2013, Berlin (Germany), Series D
Company offering a global vertical farming network using efficient farming methods
$499M
58/100
22nd
Logo for Plenty
Plenty
2014, San Francisco (United States), Series E
Revolutionizing agriculture with indoor vertical farms for sustainable, pesticide-free produce
$944M
53/100
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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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Plenty Unlimited’s Chapter 11 FilingGlobal Legal ChronicleMar 31, 2025Plenty
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FAQs about Plenty

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