Farm.One

Farm.One

Early Stage

Urban Chef's Farms of the Future

Urban Chef's Farms of the Future

Overview

Raised to Date: Raised: $471,719

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/21/2017

Close Date

04/30/2018

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/05/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,967

# of Investors

312

Momentum
Funded
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Year Founded

2015

Industry

Farming & Agriculture

Tech Sector

Location

New York, New York

If you build it, they will come.

And come they have -- critically acclaimed chefs to Farm.One, that is. Farm.One growns rare produce in urban, vertical farms using hydroponics and LED lighting, all in the middle of New York City. In just one year, they’ve gained a client list that includes some of the top, Michelin-starred chefs in the world. They come seeking Farm.One’s consistently delicious and fresh rare herbs, edible flowers, and microgreens, all of which are premium, high-quality, 100% pesticide-free -- and delivered the same day. So far, Farm.One has successfully grown over 500 plant varieties, developed their own innovative hardware and software, and opened their second farm in Tribeca, directly underneath Michelin starred restaurant Atera.

What makes Farm.One unique is that they are the only vertical farm building a premium brand that grows a wide range of quality, specialty produce. They don’t want to be the biggest -- they want to be the best. And according to chefs’ testimonies, they are achieving that goal with flying herbs. So far, the average customer order size has increased with each quarter, and a typical customer will spend $10,000-$40,000 a year.

After all, the demand for local food is increasing rapidly; it went from $1 billion in 2005 to $7 billion in 2014, and “hyper-local sourcing” has become a top 2017 trend. In 2016, 92% of fine-dining restaurants planned to add a locally sourced item to their menus, and organic food sales grew 8% in 2016. Add in the fact that $220 million was invested in vertical farming companies in 2017 alone (with investors like Jeff Bezos and Tom Colicchio), and you start to see why Farm.One has found a significant niche in this market by being able to offer rare premium produce year-round.

Farm.One is offering a service that is in high-demand, with that demand only continuing to increase. They are passionate about their food, their plants, and their farms...and they’re inviting you to join them in the future of farming and their horticulture revolution.

“Who Should Be Interested in This Offer:”
Do you loves fresh ingredients in fine dining? Do you own a restaurant or bar, and wish you could have access to special, rare ingredients year-round? Well then, Farm.One is what you’ve been waiting for. Their vertical farms offer high-quality and rare herbs, microgreens, and flowers, and their emphasis on being the best -- and producing only the most premium ingredients -- is what truly sets them apart. From their Michelin-starred client list to their passion for horticulture, Farm.One could be the herb-tastic and farm-abulous investment you’ve been waiting for.
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Farm.One on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $7,000,000

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