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Woolly - About the company

Woolly is a seed company based in Bengaluru (India), founded in 2016 by Thamam Mubarish. 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 720 active competitors, including 96 funded and 28 that have exited. Its top competitors include companies like Village Farms, GrowUp Farms and Gotham Greens.

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
Social
XFacebook
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 Aug 17, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2023
Employee Count
5 as on Aug 31, 2026
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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 04, 2022 for $*****. 46 investors participated in its latest round. Woolly has 18 institutional investors and 41 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 04, 2022
5593845
Seed
4534072
4518407
3905677
5972805
Jan 06, 2021
8239094
Seed
4874284
8677616
6842718
Dec 30, 2017
2999428
Grant (prize money)
7761534
9204135
9813285
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Woolly's founders and board of directors

Founder? Claim Profile
The founders of Woolly is Thamam Mubarish.
Here are the details of Woolly's key team members:

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
dh{t{vf
Team
-
Past
7y 7m
idoozrs
Team
-
Past
3y 3m
Independent board member
-
Current
6y 11m
typvsvd
Independent board member
-
Current
3y 2m

Woolly's employee count trend

Woolly has 5 employees as of Aug 26. Here is Woolly's employee count trend over the years:
Employee count trend for Woolly
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Woolly's Competitors and alternates

Top competitors of Woolly include Village Farms, GrowUp Farms and Gotham Greens. Here is the list of Top 10 competitors of Woolly, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Village Farms
Village Farms
1989, Delta (Canada), Public
Sustainable agriculture and cannabis leader, improving life through innovative plant-based solutions
-
-
66/100
2nd
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
3rd
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
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
62/100
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
59/100
9th
Logo for LandCraft Retail
LandCraft Retail
2023, Kolhapur (India), Series A
Agriculture and gourmet retail company offering sustainable farming
$9.43M
59/100
10th
Logo for Little Leaf Farms
Little Leaf Farms
2015, Ayer (United States), Series D
Locally grown, sustainable lettuce and salad kits delivered fresh daily
$390M
58/100
65th
Logo for Woolly
Woolly
2016, Bengaluru (India), Seed
Producer and supplier of fruits and vegetables using hydroponic techniques
$768K
36/100
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Woolly's Latest cap tables and shareholding

Founders (largest shareholder) own 51.49%, Funds own 4.52%, Enterprises own 3.16% and Angels own 32.15%. The net worth of Woolly's founders is INR 17.1Cr as of Aug 17, 2022. The cap table displayed below is for WOOLLY FARMS PRIVATE LIMITED which is the legal entity associated with Woolly.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
51.49%
17.1Cr
5134936
9720530
4456542
6121294
0
0
0
0
0
0
Fund
4.52%
1.5Cr
7439
4834
3552
2830
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
3.16%
1.05Cr
392
742
997
653
Angel
32.15%
10.7Cr
8484994
6596036
8205362
5229506
0
0
0
0
0
0
ESOP Pool
8.67%
2.88Cr
8382255
4008291
5745981
5722626
Total
100.00%
33.2Cr
8912111
9214860
3598514
8929089
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Woolly's Investments and acquisitions

Woolly has made no investments or acquisitions yet.

Reports related to Woolly

Here is the latest report on Woolly's sector:

News related to Woolly

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FAQs about Woolly

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