Company Overview

Company name: Thrive Agritech
Also known as:
Description: Provider of LED grow lights intended to produce great crops and make controlled environment agriculture more sustainable and profitable. The company designs and manufactures energy efficient light fixtures for indoor agriculture including greenhouses and cannabis production facilities.
Year founded: 2015
Parent company:
Industry: Consumer Products and Services (B2C) | Group: Consumer Durables | Code:
Website: www.thriveagritech.com
Employees: 12
City: New York
State: New York
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million): 3.05
Business status: Startup
Ownership: Privately Held (backing)
Exchange:
Ticker:
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period:
Financing Status: The company raised $2.93 million in a combination of Seed 1, Seed 2 and Seed 3 funding in a round led by Bold Rose Capital on March 30, 2018, putting the company’s pre-money valuation at $10 million. Y Combinator and other undisclosed investors also participated. The company will use the funding to accelerate the development and deployment of its LED technology in controlled environment agriculture, hiring sales, marketing, and operations support employees as well as expanding operations into Europe to capture growth in the emerging greenhouse supplemental lighting market.
Number of active investors:
Profile last updated: 08-Nov-2018
Last known valuation: 12.93
Last known valuation date: 30-Mar-2018