F
Freight Farms
Energy · Boston, United States · Founded 2013
Offers high-volume crop production units made from upcycled shipping containers to support farming in any climate MoreLess
Freight Farms, a Boston-based agricultural technology company, was a key player in the development of containerized farming. The company was founded in 2010 by Jon Friedman and Brad McNamara, who were inspired by urban agriculture. After initially exploring rooftop greenhouses, they shifted to retrofitting insulated 40-foot shipping containers into modular, scalable hydroponic farms, leading to the incorporation of Freight Farms in 2013. This move addressed the need for a system that could operate year-round in any climate.
The company's business model centered on selling these container farms, branded as the 'Greenery S', directly to a diverse client base that included small business entrepreneurs, educational institutions, corporations, hotels, restaurants, and non-profits. Revenue was generated from the sale of these units, which cost between $165,000 and $169,000, and through recurring subscriptions to their proprietary software, farmhand®. The farmhand® platform was integral to the offering, providing automation for lighting, climate, and watering schedules, alongside remote monitoring and data analysis to optimize crop yields and operational efficiency. This software connected operators into a global network, fostering a community for sharing knowledge and best practices.
The Greenery S container farm is a self-contained agricultural ecosystem, equivalent to 2-4 acres of traditional farmland, capable of producing 2-6 tons of produce annually with significantly less water. It utilizes a combination of ebb-and-flow hydroponics for seedlings and a vertical drip irrigation system for mature plants, which include over 500 varieties of lettuces, herbs, and leafy greens. The system features high-efficiency LED lighting to simulate ideal growing conditions and a workstation for farm operations. Despite raising over $45 million in funding, the company faced financial difficulties, scrapping a planned IPO in late 2023 and ultimately filing for Chapter 7 bankruptcy in May 2025. In July 2025, Ottawa-based competitor Growcer acquired Freight Farms' assets, including its intellectual property and customer base, aiming to continue supporting the existing network of over 600 farms.
Keywords: container farming, hydroponics, agtech, vertical farming, controlled environment agriculture, farm automation software, local food production, sustainable agriculture, urban farming, modular farms
Company overview
Freight Farms company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2013
- Headquarters
- Boston, United States
- Employees
- 26
- Open positions
- None listed
- Dealroom signal
- 64.6
- Investment activity
- 1 companies · latest Jan 2018
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Freight Farms funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Oct 2025 | $0 | — | Growcer | ↗ |
| SPAC PRIVATE PLACEMENTOther financing | Oct 2023 | $20M | — | Undisclosed | ↗ |
| SPAC IPOOther financing | Oct 2023 | $138M | $147M | Agrinam Acquisition Corp | ↗ |
| SERIES BOther financing | Nov 2022 | $18M | $70M | Stage 1 Ventures · Ospraie Ag Science · Aliaxis Group · Spark Capital | ↗ |
| DEBTDebt | Jul 2022 | $12M | — | Cambridge Trust Company | ↗ |
| SERIES BOther financing | Feb 2020 | Spark Capital · Ospraie Ag Science | — | ||
| SERIES BOther financing | Mar 2019 | Spark Capital · Stage 1 Ventures · LaunchCapital · Right Side Capital Management | — | ||
| SERIES BOther financing | Apr 2017 | LaunchCapital · Spark Capital · Right Side Capital Management · Morningside | — | ||
| SERIES AOther financing | Dec 2014 | Spark Capital · Rothenberg Ventures · LaunchCapital · Techstars | — | ||
| SEEDOther financing | Dec 2013 | LaunchCapital · Wefunder · Rothenberg Ventures · Morningside | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 26 |
| 2025 | 29 |
| 2024 | 57 |
| 2023 | 69 |
| 2022 | 71 |
| 2021 | 59 |
| 2020 | 47 |
Growth signals
Freight Farms website traffic
Latest recorded traffic for Freight Farms is 12K monthly website visits, down 20% over the last three months. Freight Farms's team declined 10.3% over the past year.
Comparisons
Freight Farms compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
SeasonySeasony provides autonomous mobile robots for vertical farming |
Copenhagen, Denmark | Operational | 2 | $4M | — |
TruLeafInnovative technology that leverages multi-level farming for biomedical and food markets |
Truro, Canada | Operational | |||
WallfarmSmart grow unit to fully automate your vertical farming system |
Rome, Italy | Operational | |||
AGR1Hydroponic Farming Startup |
Johor Bahru, Malaysia | Operational | |||
Revol GreensProvide local grow organic lettuces |
Medford, United States | Operational | |||
InfarmKosher, insect-free produce for North American markets. |
Berlin, Germany | Acquired | |||
AeroFarmsBuilding, owning, and operating responsible farms that grow safe, nutritious, and delicious food |
New York City, United States | Acquired | |||
FarmShelfFarmshelf enables anyone to grow food where they live, work, and eat by providing the hardware and expertise |
New York City, United States | Operational |
Capital deployed
Freight Farms investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Freight Farms's talent
Source: Dealroom Talent Intelligence.
Investors
17 investors on Freight Farms's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.


Global footprint
Where Freight Farms has talent and traffic
team presence
In the news
Latest news about Freight Farms
Recent press, funding announcements, and product moves mentioning Freight Farms — open to read from the original sources.
Market sentiment
What the market is saying about Freight Farms
An AI-synthesized read of the highest-engagement posts about Freight Farms on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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