Woolly - About the company
Woolly is a seed company based in Bengaluru (India), founded in 2016 by Thamam Mubarish and Nithun K V. It operates as a Producer and supplier of fruits and vegetables using hydroponic techniques. Woolly has raised $768K in funding from investors like Konglo Ventures, Arjunaid Ventures and Mentorus Consulting, with a current valuation of ₹*****. The company has 120 active competitors, including 12 funded and 1 that has exited. Its top competitors include companies like Eeki, Nutrifresh and Simply Fresh.
Company Details
Producer and supplier of fruits and vegetables using hydroponic techniques. Its product offerings include amaranth, lettuce, spinach, palak, etc. It owns and operates a hydroponic farm equipped with IoT sensors to monitor the indoor environment. Also, claims to leverage computer vision and deep learning technologies to monitor plant growth and production analysis. It delivers products to consumers, retail stores, and food businesses.
- Website
- woolly.io
- Email ID
- *****@woolly.io
- Phone Number
- +91 **********
- Registered Address
- L-148, 5th Main Road, Sector 6 HSR Layout, Bangalore, Bangalore, Karnataka, India, 560102
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Total Funding
$768K in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jun 30, 2022
Investors
Ranked
12th among 120 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2023
Employee Count
6 as on Apr 30, 2026
Similar Companies
Legal entities associated with Woolly
Woolly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WOOLLY FARMS PRIVATE LIMITED CIN: U74999KA2017PTC106454 , India, Active | Sep 15, 2017 | $0 - $1M (As on Mar 31, 2023) | 6 (As on Jan 31, 2024) |
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Woolly's funding and investors
Woolly has raised a total funding of $768K over 3 rounds. Its first funding round was on Dec 30, 2017. Its latest funding round was a Seed round on Apr 03, 2022 for $*****. 53 investors participated in its latest round. Woolly has 16 institutional investors and 48 angel investors.
Here is the list of recent funding rounds of Woolly:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 03, 2022 | 1622729 | Seed | 6984178 | 5796855 | 2848556 | 6654416 |
Jan 06, 2021 | 9531944 | Seed | 8402915 | 4108540 | 1426852 | |
Dec 30, 2017 | 2749298 | Grant (prize money) | 8587761 | 4517851 | 8841852 |
View details of Woolly's funding rounds and investors
Woolly's founders and board of directors
Founder? Claim ProfileThe founders of Woolly are Thamam Mubarish and Nithun K V.
Here are the details of Woolly's key team members:
- Thamam Mubarish: Co-Founder of Woolly. They serve on the board of 1 company.
- Nithun K V: Former Co-Founder of Woolly.
Woolly's Board of Directors
Woolly's board has 3 active members. Bushairusalam Acha Parambil is part of team and Satyendrashivraya Prabhu and Frank C. are independent board members.Here is the list of Woolly's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
lhetcta | Team | - | Past | 5y 9m |
be{dlly | Team | - | Past | 5y 1m |
Independent board member | - | Current | 6y 7m | |
bg{brit | Independent board member | - | Current | 9y 2m |
View details of Woolly's Founder profiles and Board Members
Woolly's employee count trend
Woolly has 6 employees as of Apr 26. Here is Woolly's employee count trend over the years:
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Woolly's Competitors and alternates
Top competitors of Woolly include Eeki, Nutrifresh and Simply Fresh. Here is the list of Top 10 competitors of Woolly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tech-driven sustainable farming company building large-scale polyhouse farms with IoT automation | $20.5M | 66/100 | ||
2nd | Nutrifresh 2019, Pune (India), Seed | Provider of hydroponically-grown produce through controlled environment agriculture | $20.1M | 62/100 | |
3rd | Simply Fresh 2013, Hyderabad (India), Series B | Producer of hydroponically grown produce | $22.8M | 57/100 | |
4th | LandCraft Retail 2023, Kolhapur (India), Series A | Agriculture and gourmet retail company offering sustainable farming | $9.43M | 54/100 | |
5th | Nature’s Miracle 2016, Noida (India), Unfunded | Manufacturer and supplier of hydroponically grown fruits and vegetables | - | - | 46/100 |
6th | Neogreen Ventures 2016, Mumbai (India), Unfunded | Provider of sustainable agriculture services | - | - | 40/100 |
7th | City Greens 2017, Bengaluru (India), Seed | IoT based farm automation solutions for controlled environment agriculture | $248K | 40/100 | |
8th | Provider of indoor mushroom farming solutions | $2.86M | 39/100 | ||
9th | Triton Foodworks 2014, Delhi (India), Seed | Provider of energy-efficient building technology system solutions | - | 39/100 | |
10th | Triangle Farms 2017, Hyderabad (India), Deadpooled | Platform offering vegetables using hydroponic technology | - | - | 38/100 |
12th | Producer and supplier of fruits and vegetables using hydroponic techniques | $768K | 36/100 |
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Woolly's Investments and acquisitions
Woolly has made no investments or acquisitions yet.
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