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Farmstead - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Farmstead including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Farmstead company logo

Groceries at your door, lower prices than the store.

Farmstead helps you eat healthy while saving you time and money. The company operates an online grocery business powered by AI to optimize inventory and reduce food waste.

HeadquartersSan Francisco, United States
Team size11-50
Founded2016

What is Farmstead? - Company Overview & Details

Farmstead is Farmstead helps you eat healthy while saving you time and money. The company operates an online grocery business powered by AI to optimize inventory and reduce food waste. Founded in 2016, the company is headquartered in San Francisco, United States.

Who Founded Farmstead?

Farmstead was founded by Pradeep Elankumaran.

Who are the Key Executives at Farmstead? - Leadership Team

Farmstead is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Farmstead

Pradeep ElankumaranCEO

Chief Technology Officer (CTO) of Farmstead

CTO

About Pradeep Elankumaran - CEO of Farmstead

Pradeep Elankumaran serves as the Chief Executive Officer of Farmstead, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Farmstead Company Details & Key Information

Where is Farmstead located?

Farmstead is headquartered in San Francisco, United States.

How many employees does Farmstead have?

Farmstead has 11-50 employees.

When was Farmstead founded?

Farmstead was founded in 2016.

Farmstead Official Website

How much funding has Farmstead raised?

Farmstead has raised $14.5 million across 9 funding rounds. The most recent funding was completed on 2021-11-21.

Funding Overview

Farmstead has raised a total of $14.5 million in funding to date, including a $7.9 million Series A round and subsequent investments.

$14.5 million
Total Funding Raised
9
Funding Rounds
2021-11-21
Latest Round

Farmstead Funding History

Series A
2020-11-18
$7.9 million
Series B
2021-11-21
$19.4 million

Who are the key investors in Farmstead?

Farmstead is backed by 4 key investors including Y Combinator, Resolute Ventures, Social Capital. These investors focus on Technology, E-commerce, Food Delivery sectors.

Farmstead Investor Overview

4
Key Investors
7
Focus Areas
2
Notable Investments

Complete List of Farmstead Investors

Y Combinator

A startup accelerator that provides support, funding and networking opportunities.

Investment Focus
Technology
E-commerce
Food Delivery
Notable Portfolio Companies
Airbnb
Dropbox

Resolute Ventures

An early-stage venture capital firm that invests in technology-driven companies.

Investment Focus
Consumer
Food Tech

Social Capital

A venture capital firm that seeks to invest in transformative companies across multiple sectors.

Investment Focus
Technology
Health
Education

Liquid 2 Ventures

A venture capital fund founded by former NFL quarterback Joe Montana.

Investment Focus
Technology
Food Delivery

What sectors do Farmstead investors focus on?

The investors backing Farmstead primarily focus on Technology, E-commerce, Food Delivery, Consumer, Food Tech, Health, Education sectors.

Technology
E-commerce
Food Delivery
Consumer
Food Tech
Health
Education

Featured Investor: Y Combinator

Y Combinator

A startup accelerator that provides support, funding and networking opportunities.

Notable Investments: Airbnb, Dropbox

What are Farmstead's future plans?

Farmstead Farmstead aims to expand geographically and enhance its product offerings through technological innovation.

Farmstead Strategic Outlook

Strategic Focus
Defined
2
Key Challenges
2
Growth Opportunities

What challenges does Farmstead face?

Farmstead has identified 2 key challenges that need to be addressed for continued growth and success.

Key Challenges for Farmstead

1

Intense competition in the grocery delivery sector

2

Operational scalability

What opportunities does Farmstead have?

Farmstead has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Farmstead

1

Growing demand for online grocery services

2

Partnerships with local grocers and delivery services

Farmstead Strategic Position Summary

Key Focus Areas

Farmstead is addressing 2 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Farmstead?

Farmstead has 2 recent news updates covering key business developments and market activities.

Farmstead News Overview

2
Recent Articles
Active
Media Coverage
2021-05-10
Latest Update

What is Farmstead in the news for?

Farmstead is currently featured in news for Farmsteadapp partnered with DoorDash on Apr 1st '21. and other significant business developments.

Recent News Articles About Farmstead

Article 1
2021-05-10

Farmsteadapp partnered with DoorDash on Apr 1st '21.

Farmstead announced a partnership with DoorDash, expanding its delivery capabilities and integrating its app into the DoorDash marketplace.

pymnts.com
Read News
Article 2
2020-11-19

Farmsteadapp launched Grocery OS product on Sep 1st '20.

Farmstead launched its Grocery OS product, designed to help other grocers transition to eCommerce.

pymnts.com
Read News

Farmstead FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Farmstead including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Farmstead Questions & Answers - Company Information

Q1

What is Farmstead?

Farmstead helps you eat healthy while saving you time and money. The company operates an online grocery business powered by AI to optimize inventory and reduce food waste.

Q2

Who founded Farmstead?

Farmstead was founded by Pradeep Elankumaran.

Q3

Who is the CEO of Farmstead?

The CEO of Farmstead is Pradeep Elankumaran. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Farmstead raised?

Farmstead has raised a total of $$14.5 million across 9 funding rounds. The most recent funding was completed on 2021-11-21.

Q5

Who are the investors in Farmstead?

Farmstead's key investors include Y Combinator, Resolute Ventures, Social Capital, Liquid 2 Ventures.

Q6

Where is Farmstead headquartered?

Farmstead is headquartered in San Francisco, United States.

Q7

When was Farmstead founded?

Farmstead was founded in 2016.

Q8

How many employees does Farmstead have?

Farmstead has 11-50 employees.

Q9

What is Farmstead's official website?

You can visit Farmstead's official website at http://www.farmsteadapp.com.

Q10

What was Farmstead's latest funding round?

Farmstead's latest funding round was a Series A round of $$7.9 million completed on 2020-11-18.

Q11

Who is founder?

Pradeep Elankumaran

Q12

What does the company do?

Farmstead operates an online grocery business powered by AI to optimize inventory and reduce food waste.

Q13

How much funding?

$14.5 million

Q14

Latest funding date?

2021-11-21

Q15

Who are the investors?

Y Combinator Resolute Ventures Social Capital Liquid 2 Ventures

Q16

What are the challenges?

Intense competition in the grocery delivery sector Operational scalability

Q17

What are the opportunities?

Growing demand for online grocery services Partnerships with local grocers and delivery services

Q18

Latest news?

Farmstead announced a partnership with DoorDash, expanding its delivery capabilities and integrating its app into the DoorDash marketplace. Farmstead launched its Grocery OS product, designed to help other grocers transition to eCommerce.

More Information About Farmstead

For additional details about Farmstead, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.