# Virgin Plants

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/virgin-plants

- Industry: Agribusiness
- Headquarters: Fargo, US
- Website: www.virginplants.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Jul 2, 2018)
- Investors on record: 4

## About

Virgin Plants specializes in providing innovative solutions for the horticulture industry, focusing on the cultivation and distribution of high-quality plants for various markets.Founded in 2013 and headquartered in Fargo, US, Virgin Plants is dedicated to enhancing the horticultural industry. The company has not undergone any significant pivots in its business strategy and operates independently without any known parent or subsidiary associations. It has completed one notable deal, raising USD 1.1 mn in Seed funding on July 2, 2018, from investors including Cultivian Sandbox Ventures, Iowa Corn Opportunities, Linn Grove Ventures, and Middleland Capital.Virgin Plants offers a range of products tailored for businesses in the horticulture sector. Their primary offerings include high-quality plant propagation, seed supply, and horticultural consulting services. These products cater to various clients, from nurseries to larger agricultural businesses, aiming to optimize plant growth and sustainability. The company serves markets across North America, Europe, and parts of Asia, focusing on regions with a high concentration of agricultural activity.The company operates on a subscription-based revenue model, allowing clients to access its services for a recurring fee. This model includes offerings such as plant subscriptions and consulting services. Virgin Plants’ pricing structure accommodates a wide range of clients, from small nurseries to larger agricultural firms, ensuring a steady revenue stream through various services, including seed supply and advisory solutions.Virgin Plants plans to utilize the recent funding of USD 1.1 mn to support the development of new plant varieties and expand its product offerings. The company aims to launch these new products by the end of 2024, targeting further market penetration in Europe and Asia. The funding will also facilitate an expansion into new geographic regions, with a specific focus on increasing its presence in Europe by mid-2025.

## Funding rounds

- Seed, Jul 2, 2018, $1.1M — Cultivian Sandbox Ventures, Middleland Capital, Linn Grove Ventures, Iowa Corn Opportunities

## Investors

- Cultivian Sandbox Ventures (https://capitalatlas.ai/funds/cultivian-sandbox-ventures) — Seed
- Middleland Capital — Seed
- Linn Grove Ventures (https://capitalatlas.ai/funds/linn-grove-ventures) — Seed
- Iowa Corn Opportunities (https://capitalatlas.ai/funds/iowa-corn-opportunities) — Seed
