Farm.One

Great salad, grown in your neighborhood. Delivered day of harvest, zero waste.

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Form C
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Security Type
Other
Categories
Technology, Sustainability, Agriculture, Food & Bev
Min Investment
$100
Location
NEW YORK, NY
Expected Close Date
April 30, 2018
Target Raise
$10.00K-$1.07M
Security Price
$1
Website
farm.one
Number of Employees
10
Cash
$47,489
Revenue
$5,293
Short Term Debt
$20,973
Cost of Goods
$24,188
Long Term Debt
$115,028
Net Income
$-142,657

Company Description

πŸ₯— We deliver fresh salad greens for 100s of happy NYC subscribers from our two farms
πŸ’° Already backed by 300+ investors. Our crowdfunding in 2018 raised $500K and was oversubscribed
πŸ’΅ Great metrics: Members spend $25/wk / 48% gross margin / yearly retention is >60%
😩 We serve a big pain point: Getting fresh food, without plastic waste!
πŸŒ† Raising to finish our new neighborhood farm in Brooklyn, ready to serve 2,000 Members
πŸ‘©πŸ½β€πŸ³ We have served 40+ of the best restaurants in New York with specialty produce since 2016
πŸ‘ Experienced startup team led by CEO with track record of strong revenue growth
πŸ‡ΊπŸ‡Έ Opportunities to build profitable farms in dozens of cities around the US

Management Team / Advisory Board Bios

Robert Laing CEOCEO Rob Laing was founder and CEO of innovative translation technology startup Gengo.com, accelerating the company to $10M in annual sales, and managing a team of over 50 staff and over 15,000 remote workers., Michael Chin COOMichael is a technology veteran, helping to grow startup like SocialFlow from fledgling businesses into successful companies., Jess Karol VP of TechnologyJess has worked in the world of vertical farming for multiple years, with stints at Aerofarms and his own startup, Oasis.farm. Jess oversees our hardware and software technology, Justin Randolph VP of Farm OperationsJustin is passionate about flavor. A former sommelier who worked his way up through the fine-dining world in NYC, Justin became operations manager and wine director at some of the city’s best restaurants. Justin joined in 2018., Paige Carter VP of Member Delight & LogisticsPaige started her career in stage management at Cirque du Soleil and other Vegas productions. She built a career in hospitality, and founded Camp Wonderful, a summer camp for adults. Paige now oversees Member Delight, logistics and experiences.
Amount Raised : $121,910
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