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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
client focusb2bsub industryAgriTechbusiness modelManufacturingsectorFarmingsectorFreightsectorOrganicsectorHydroponicssectorNovel FarmingsectorSustainable Development GoalssectorVertical FarmingsectorClimate TechsectorHard TechindustryFoodindustryEnergy

Valuation & funding

Freight Farms funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
Showing 10 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 26
2025 29
2024 57
2023 69
2022 71
2021 59
2020 47
Company filings, research estimates and Dealroom dataOpen the full financial model →

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.

Latest monthly visits12K 3-month web change-20% 1-year team growth-10.3%
Monthly website visits118 observations · Apr 2016–Jul 2026
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Comparisons

Freight Farms compared with similar companies

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Showing 8 of the closest matchesCompare every metric →

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

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Team profiled 29 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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.

Series A 5 investors entered at this stage
Spark Capital
Stage 1 Ventures
Ospraie Ag Science
Aliaxis Group
Alkaline Partners
Series B+ 2 investors entered at this stage
Cambridge Trust Company
Agrinam Acquisition Corp
Other known 4 additional known investors
Growcer
John Melas-Kyriazi
MassChallenge
Small Business Innovation Research

Global footprint

Where Freight Farms has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States90%
🇪🇬 Egypt10%
2 countries shown

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.

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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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