# Gardyn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gardyn

- Industry: Environmental Services
- Headquarters: US
- Website: www.mygardyn.com
- Total disclosed funding: $43M
- Latest round: Series B (Mar 11, 2022)
- Investors on record: 2

## About

Based in Maryland, US, and founded in 2018 by founder FX Rouxel, Gardyn, Inc. operates as an eCommerce platform that provides indoor garden starter kits. The company raised its Seed funding in March 2019 for USD 2.5 million. Gardyn was released to the market in March 2020 and gained popularity and demand using hybriponic™ technology. In February 2021, the company raised USD 10 million in Series A funding from AB Holding Company In September 2021, Gardyn raised USD 5 million in investment from JAB Holding Company.

The company provides smart indoor micro-gardens that are meant to enhance health, lifestyle, and the environment by providing smart food resources to avoid occupied space hardening and a shortage of food sources. The company also provides a plug-and-play solution for indoor micro-gardens and farms that are linked with vertical hydroponics technology and can be monitored via an app. The company offers more than 50 fruits, herbs, greens, and flowers

The company generates its revenue from selling online indoor micro-gardens and by charging a membership fee of USD 29 monthly. The company also provides Gardyn Home Kit for USD 799 or for USD 39 monthly.

The company plans to accelerate the North American expansion of its consumer-grade vertical farm. The company plans to utilize the funding raised in September 2021 to further develop its revolutionary technology platform, strengthen distribution and accelerate customer acquisition.

## Funding rounds

- Series B, Mar 11, 2022, $30M — JAB Holding Company
- Series A, Jan 29, 2021, $13M — JAB Holding Company
- Seed, Aug 1, 2020 — French Partners

## Investors

- French Partners (https://capitalatlas.ai/funds/french-partners) — Seed
- JAB Holding Company (https://capitalatlas.ai/funds/jab-holding-company) — Series A, Series B