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Gotham Greens

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Hydroponic greenhouse produce and plant-based foods

New York City, United StatesFounded 2008Food
Valuation $500M–1B Last recorded · 2022
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Gotham Greens and the history behind them.

About Gotham Greens

Gotham Greens is a fresh food and indoor farming company that operates a national network of high-tech hydroponic greenhouses. Founded in 2009 by Viraj Puri, Eric Haley, and Jenn Frymark, the company started with the mission to address ecological issues in the agricultural system by growing produce closer to urban populations. Puri's background in sustainable development and environmental engineering, combined with Haley's experience in finance and Frymark's expertise in greenhouse operations, formed the foundation of the company. Their journey began in 2011 with the opening of the first commercial-scale rooftop greenhouse in the United States, located in Brooklyn, New York.

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The company's business model is centered on decentralizing agricultural production through a network of climate-controlled greenhouses located near major metropolitan markets. This approach significantly reduces transportation distances, which in turn cuts down on fuel consumption, carbon emissions, and food waste while improving product shelf life. Gotham Greens sells its branded products, including leafy greens, herbs, salad dressings, dips, and cooking sauces, to retail and foodservice customers. Their products are available in over 2,000 retail stores across more than 40 states, including major chains like Whole Foods Market, Target, and Albertsons. Revenue is generated through the sale of these fresh food products under its own brand name.

Gotham Greens utilizes hydroponic growing systems that use up to 95% less water and 97% less land compared to conventional open-field farming. The company has expanded significantly since its inception, now operating 13 greenhouse facilities across nine states, totaling over 1.8 million square feet. Key milestones include opening a greenhouse on the rooftop of a Whole Foods Market in 2013, expanding to the Midwest in 2015, and launching a line of fresh food products like pesto and salad dressings in 2017 and 2018. The company has secured substantial funding to fuel its growth, raising a total of $440 million over several rounds, including a $310 million Series E round in 2022. In recognition of its commitment to social and environmental performance, Gotham Greens became a Certified B Corporation.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
New York City, United States
Employees
292
Open positions
12
Dealroom signal
83.5/100
Industry
Food
Sub-industry
AgriTech, Innovative Food
Sector
Food, Farming, Organic, Fresh Ingredients, Novel Farming, Sustainable Development Goals, Vertical Farming, Rumoured $1B, Climate Tech, B Corp
Business model
Manufacturing
Client focus
b2c
Investment activity
1 company, latest Sep 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Sep 2022 $310M $1.2B ETCapital · Silverman Group · Manna Tree Partners · Desert Bloom Food Ventures ↗
SERIES EOther financing Sep 2022 $155M $620M Manna Tree Partners · Kimco Realty · Ares Management · Commonfund ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Gotham Greens website traffic

Latest recorded traffic for Gotham Greens is 48K monthly website visits, up 182.4% over the last three months. Gotham Greens's team grew 9.4% over the past year.

Latest monthly visits48K 3-month web change+182.4% 1-year team growth+9.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Creadev
  • NYSERDA

Series B and later10 investors entered at this stage

  • Silverman Group
  • Manna Tree Partners
  • ETCapital
  • Desert Bloom Food Ventures
  • BMO Capital Partners
  • Commonfund
  • Ares Management
  • Rock Creek Group
  • Kimco Realty
  • BMO Capital Markets
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States98.5%
🇸🇪 Sweden0.8%
🇹🇷 Turkey0.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Gotham Greens on X, ranked by likes and reposts, corporate channels excluded.

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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