AppHarvest
Latest round
- Series C
Last raised
- Jul 2020
Total raised
- $110M
Investors
- 10
About AppHarvest
AppHarvest, Inc.Founded in 2018 in Lexington, US, AppHarvest, Inc. is dedicated to providing innovative agricultural solutions through large-scale greenhouse operations. Jonathan Webb, the founder, has a significant background in sustainable agriculture.AppHarvest specializes in high-tech, sustainable agriculture solutions, primarily focusing on large-scale greenhouse production. The company employs advanced hydroponic systems and efficient resource management techniques to optimize crop yield and minimize water usage. AppHarvest's products cater to a diverse customer base, including retail grocery chains, food service providers, and wholesalers, primarily in the United States, with aspirations to expand their market reach internationally.05 mn.42 mn in 2022. AppHarvest generates revenue through direct sales of its produce to retailers and food service companies, establishing a B2B model that emphasizes partnerships with grocery chains and restaurants. Transactions typically take place through supply agreements that ensure consistent delivery of high-quality produce, allowing clients to stock their shelves with fresh offerings. The company’s revenue structure includes volume-based pricing aligned with the quantity purchased, and seasonal pricing adjustments reflecting market demands. AppHarvest's flagship products consist of a variety of fresh vegetables, prominently featuring tomatoes and cucumbers, marketed under their brand to enhance consumer recognition and loyalty.As of July 2023, AppHarvest, Inc. has discontinued its operations, thus halting any future growth plans, including product launches and market expansions.
Who invested in AppHarvest
10 investors across 3 rounds
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Questions about AppHarvest
Who invested in AppHarvest?
AppHarvest has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AppHarvest raised?
AppHarvest has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did AppHarvest last raise money?
AppHarvest's most recent round on record is a Series C, in Jul 2020.
What does AppHarvest do?
AppHarvest is a agribusiness company.
Where is AppHarvest headquartered?
AppHarvest is headquartered in Lexington, US.
Which VCs invest in companies like AppHarvest?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back agribusiness companies at AppHarvest's stage. Their profiles are linked below.
VCs backing agribusiness startups at Series C
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