The Farmer's Dog was founded in 2015 by Brett Podolsky and Jonathan Regev. In December 2023, The Information reported that “The Farmer’s Dog is working with JPMorgan and other investment banks to raise hundreds of millions of dollars by early next year, in a deal that could value it significantly higher than its last $2.5 billion valuation.” While the pet food startup's sales are growing, The Farmer’s Dog has not officially endorsed a plan to participate in an IPO.
The Farmer's Dog is a subscription-based dog food delivery service based in Nashville, TN. Per Forge data, The Farmer's Dog has raised a total of $103.1 million in funding over 4 rounds. Their latest funding was raised on Jan 15, 2020, from a Series C round. Key investors include Insight Partners, Forerunner Ventures, and Shasta Ventures.
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 | |
---|---|---|---|---|---|---|
06/08/2022 | Series E | $100MM | $xx.xx | $2.72B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
636,025
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
N/A
Key Investors
Undisclosed Investors
|
||||||
03/26/2021 | Series D | $65MM | $xx.xx | $1.69B | CAVU Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
645,575
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
N/A
Key Investors
CAVU Venture Partners
|
||||||
01/15/2020 | Series C | $54.05MM | $xx.xx | $628.18MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
1,470,691
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
N/A
Key Investors
Undisclosed Investors
|
||||||
01/15/2019 | Series B | $39MM | $xx.xx | $209.03MM | Insight Venture Partners, Shasta Ventures, Forerunner Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,959,049
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
N/A
Key Investors
Insight Venture Partners, Shasta Ventures, Forerunner Ventures
|
||||||
05/18/2017 | Series A | $8MM | $xx.xx | $30.42MM | Shasta Ventures, Forerunner Ventures, Collaborative Fund, SV Angel | |
Price per Share
$xx.xx
Shares Outstanding
2,905,562
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
N/A
Key Investors
Shasta Ventures, Forerunner Ventures, Collaborative Fund, SV Angel
|
||||||
05/14/2016 | Series Seed | $1.9MM | $xx.xx | $7.6MM | Forerunner Ventures, Collaborative Fund, SV Angel. | |
Price per Share
$xx.xx
Shares Outstanding
2,065,211
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
N/A
Key Investors
Forerunner Ventures, Collaborative Fund, SV Angel.
|