Square Roots - About the company
Square Roots is a series C company based in Brooklyn (United States), founded in 2017 by Kimbal Musk. It operates as an Indoor farming platform cultivating sustainable, local produce with innovative technology. Square Roots has raised $90.7M in funding from Collab Fund. The company has 717 active competitors, including 97 funded and 28 that have exited. Its top competitors include companies like Village Farms, GrowUp Farms and Gotham Greens.
Company Details
Indoor farming platform cultivating sustainable, local produce with innovative technology. They leverage a modular indoor farming platform to empower innovators in agriculture. The company provides commercially proven facilities with hydroponic systems and advanced monitoring. Their custom-built smart software offers precise environmental control and guides growers through every stage. They offer fresh, differentiated produce with guaranteed supply year-round, meeting sustainability commitments. They provide a solution for controlled climate agriculture, offering expertise in facility design, team training, and food strategy development. They focus on local food production, reducing the environmental impact of long-distance shipping. Their produce is grown without pesticides or GMOs, ensuring quality and freshness. They are committed to responsible farming practices and enabling ideal growing conditions. This is a B2B and B2C business model with a focus on sustainability and social impact.
- Website
- www.squarerootsgrow.com/
- Email ID
- *****@squarerootsgrow.com
Key Metrics
Founded Year
2017
Location
Brooklyn, United States
Stage
Series C
Total Funding
$90.7M in 5 rounds
Latest Funding Round
Investors
Ranked
30th among 717 active competitors
Employee Count
149 as on Aug 31, 2026
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Square Roots's funding and investors
Square Roots has raised a total funding of $90.7M over 5 rounds. Its first funding round was on Aug 22, 2017. Square Roots has 13 institutional investors.
Here is the list of recent funding rounds of Square Roots:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2022 | 2362521 | Series C | 2293710 | 4869604 | 4810203 | 6897241 |
Jan 03, 2022 | 8551271 | Grant (prize money) | 3250381 | 7129268 | 9863571 | |
Mar 22, 2021 | 1106721 | Series B | 4214303 | 2279129 | 4977170 | 8621830 |
View details of Square Roots's funding rounds and investors
Square Roots' founders and board of directors
Founder? Claim ProfileThe founders of Square Roots is Kimbal Musk. Tobias Peggs is the CEO of Square Roots.
Here are the details of Square Roots' key team members:
- Kimbal Musk: Co-Founder & Executive Chairman of Square Roots and founder of 2 other companies, Musk Foundation and The Kitchen. They are also an angel investor in 8 startups and serve on the board of 1 company.
View details of Square Roots's Founder profiles and Board Members
Square Roots' employee count trend
Square Roots has 149 employees as of Aug 26. Here is Square Roots's employee count trend over the years:
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Square Roots's Competitors and alternates
Top competitors of Square Roots include Village Farms, GrowUp Farms and Gotham Greens. Here is the list of Top 10 competitors of Square Roots, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Village Farms 1989, Delta (Canada), Public | Sustainable agriculture and cannabis leader, improving life through innovative plant-based solutions | - | - | 66/100 |
2nd | GrowUp Farms 2013, Sandwich (United Kingdom), Series B | Vertical farm growing fresh, sustainable leaves year-round with renewable energy | $49.3M | 64/100 | |
3rd | Gotham Greens 2009, Brooklyn (United States), Series E | Provider of fresh produce and packaged dips using sustainable farming | $440M | 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 | 62/100 | ||
7th | Hippo Harvest 2019, United States, Series C | Sustainable greenhouse farming leveraging technology for fresher, cleaner, and sustainable greens | $51M | 61/100 | |
8th | LandCraft Retail 2023, Kolhapur (India), Series A | Agriculture and gourmet retail company offering sustainable farming | $9.43M | 59/100 | |
9th | 80 Acres Farms 2015, Hamilton (Canada), Series B | Provider of salad kits, salad blends, microgreens, herbs, and dressings | $354M | 59/100 | |
10th | Little Leaf Farms 2015, Ayer (United States), Series D | Locally grown, sustainable lettuce and salad kits delivered fresh daily | $390M | 58/100 | |
30th | Square Roots 2017, Brooklyn (United States), Series C | Indoor farming platform cultivating sustainable, local produce with innovative technology | $90.7M | 46/100 |
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Square Roots's Investments and acquisitions
Square Roots has made no investments or acquisitions yet.
Reports related to Square Roots
Here is the latest report on Square Roots's sector:
News related to Square Roots
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Square Roots Expands Global Presence with Launch of Square Roots JapaniGrow News•Feb 19, 2025•Square Roots
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UNFI brings indoor farming to its distribution centersWinsight Grocery Business•Nov 12, 2022•UNFI, Square Roots
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Square Roots Celebrates New Indoor Farm in Ohio With Gordon Food ServicePerishableNews.com•Oct 31, 2022•Square Roots, Gordon Food Service
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Indoor Farming Leader Square Roots Expands Distribution with Meijer in MidwestPerishableNews.com•Sep 15, 2022•Square Roots
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