# Indigo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/indigo-ag

- Industry: Agribusiness
- Headquarters: Boston, US
- Website: www.indigoag.com
- Total disclosed funding: $1.1B
- Latest round: Series F (Jan 31, 2020)
- Investors on record: 7

## About

Indigo Ag, Inc. is a sustainable agriculture company dedicated to improving farm profitability through innovative scientific techniques and biological solutions that address environmental challenges.Founded in 2013, Indigo Ag, Inc. is headquartered in Boston, US. The company focuses on sustainable agriculture by providing advanced farming solutions, including biotrinsic® products that enhance crop yields. The founders include Amber Fairweather, Bálint Kulcsár, Holly Arnowitz, Holly Snead, Jade Thomassin, Jason Alexis, Noubar Afeyan, and Stan Smith. The company has raised a total of USD 250.00 mn over multiple funding rounds, with the latest round occurring on September 15, 2023, led by Flagship Pioneering and involving investors such as Lingotto Investment Management and the Michigan Department of Treasury.Indigo Ag specializes in sustainable agriculture solutions, offering biotrinsic® products designed to improve crop yield and mitigate stressors. The company provides various sustainability programs that help farmers and corporations achieve ecological goals, targeting a diverse clientele including farmers and agribusinesses. The products and services are available primarily in North America and select international markets like Brazil and Europe, focusing on practices that reduce greenhouse gas emissions and enhance farm resilience.Indigo Ag generates its revenue through a business model that includes partnerships with farmers, agribusinesses, and corporations. This involves direct sales of biotrinsic® products and sustainability program participation for carbon credit generation. The company offers programs like Carbon by Indigo, allowing farmers to monetize carbon credits while adopting sustainable practices, with pricing structures reflective of the benefits provided.Following a funding round on September 15, 2023, where Indigo Ag raised USD 250.00 mn led by Flagship Pioneering, the company plans to utilize this capital to enhance innovation and expansion within its agriculture programs. Indigo Ag aims to launch new products and expand its market presence into regions with growing demand for sustainable practices, although specific details on the products or regions targeted for expansion have not been disclosed. In March 2025, Indigo Ag Inc. raised USD 1.5 million in venture funding from unspecified investors.

## Funding rounds

- Series F, Jan 31, 2020, $518M — Flagship Pioneering, Alaska Permanent Fund Corporation, Riverstone Holdings
- Series E, Jul 18, 2018, $250M — Flagship Pioneering, Alaska Permanent Fund Corporation, Baillie Gifford, Investment Corporation of Dubai
- Series D, Sep 20, 2017, $156M — Flagship Pioneering, Alaska Permanent Fund Corporation, Baillie Gifford, Activant Capital
- Series C, Jul 8, 2016, $59M — Flagship Pioneering, Alaska Permanent Fund Corporation, Altitude Life Science Ventures
- Series C, May 3, 2016, $41M — Flagship Pioneering, Alaska Permanent Fund Corporation, Altitude Life Science Ventures
- Series B, Aug 20, 2015, $31M — Flagship Pioneering
- Series A, Nov 13, 2014, $7.5M — Flagship Pioneering

## Investors

- Flagship Pioneering (https://capitalatlas.ai/funds/flagship-pioneering) — Series A, Series B, Series C, Series D, Series E, Series F
- Alaska Permanent Fund Corporation — Series C, Series D, Series E, Series F
- Altitude Life Science Ventures (https://capitalatlas.ai/funds/altitude-life-science-ventures) — Series C
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series D, Series E
- Activant Capital (https://capitalatlas.ai/funds/activant-capital) — Series D
- Investment Corporation of Dubai — Series E
- Riverstone Holdings (https://capitalatlas.ai/funds/riverstone-holdings) — Series F