Plenty was founded in 2014 by Jack Oslan, Matt Bernard, Nate Mazonson, and Nate Storey. According to PR Newswire in February 2023, Realty Income Corporation provided $1 billion to Plenty to advance vertical development farming. Plenty has not officially endorsed a plan to participate in an IPO.
Plenty is an agriculture technology company that operates indoor vertical farming locations that use less space and fewer resources to grow produce. Per Forge data, Plenty has raised a total of $941 million in funding over 7 rounds, with their latest funding being raised on Jan 25, 2022, from a Series E round. Key investors include JS Capital Management, One Madison Group, and SoftBank Vision Fund.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/25/2022 | Series E-1 | $200MM | $xx.xx | $125.24B | Js Capital, One Madison Group, Softbank, Walmart | |
Price per Share
$xx.xx
Shares Outstanding
288,933,834
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Js Capital, One Madison Group, Softbank, Walmart
|
||||||
01/25/2022 | Series E | $200MM | $xx.xx | $125.24B | Js Capital, One Madison Group, Softbank, Walmart | |
Price per Share
$xx.xx
Shares Outstanding
288,933,834
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Js Capital, One Madison Group, Softbank, Walmart
|
||||||
10/14/2020 | Series D-1 | $69.86MM | $xx.xx | $64.26B | Driscoll�S, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
100,924,266
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Driscoll�S, Softbank
|
||||||
10/14/2020 | Series D | $70.14MM | $xx.xx | $64.26B | Driscoll�S, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
101,329,418
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Driscoll�S, Softbank
|
||||||
01/09/2020 | Series C-1 | $87.5MM | $xx.xx | $101.82B | Finistere Ventures, Kirenaga Partners, Northwestern University Endowment, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
126,408,552
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Finistere Ventures, Kirenaga Partners, Northwestern University Endowment, Softbank
|
||||||
01/09/2020 | Series C-2 | $87.5MM | $xx.xx | $101.82B | Finistere Ventures, Kirenaga Partners, Northwestern University Endowment, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
126,408,552
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Finistere Ventures, Kirenaga Partners, Northwestern University Endowment, Softbank
|
||||||
07/19/2017 | Series SAFE 2 | $1.25MM | $xx.xx | $50.49B | Bezos Expeditions, Data Collective, Dcm, Finistere Ventures, Innovation Endeavors, Moore Capital Management, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
1,019,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bezos Expeditions, Data Collective, Dcm, Finistere Ventures, Innovation Endeavors, Moore Capital Management, Softbank
|
||||||
07/19/2017 | Series B | $201.24MM | $xx.xx | $50.49B | Bezos Expeditions, Data Collective, Dcm, Finistere Ventures, Innovation Endeavors, Moore Capital Management, Softbank | |
Price per Share
$xx.xx
Shares Outstanding
147,766,652
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bezos Expeditions, Data Collective, Dcm, Finistere Ventures, Innovation Endeavors, Moore Capital Management, Softbank
|
||||||
06/28/2016 | Series SAFE 1 | $1.47MM | $xx.xx | $4.76B | Bezos Expeditions, Data Collective, Dcm Ventures, Finistere Ventures, Innovation Endeavors, Kirenaga Partners, Nfx, Western Technology Investments | |
Price per Share
$xx.xx
Shares Outstanding
6,308,950
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bezos Expeditions, Data Collective, Dcm Ventures, Finistere Ventures, Innovation Endeavors, Kirenaga Partners, Nfx, Western Technology Investments
|
||||||
06/28/2016 | Series A | $19.61MM | $xx.xx | $4.76B | Bezos Expeditions, Data Collective, Dcm Ventures, Finistere Ventures, Innovation Endeavors, Kirenaga Partners, Nfx, Western Technology Investments | |
Price per Share
$xx.xx
Shares Outstanding
67,371,136
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bezos Expeditions, Data Collective, Dcm Ventures, Finistere Ventures, Innovation Endeavors, Kirenaga Partners, Nfx, Western Technology Investments
|