About

Founded

2015

Headquarters

New York, New York

Industry

Agtech, Consumer, E-commerce

Company Description

Bowery, the largest vertical farming company in the United States, designs and builds smart indoor environments to reimagine the future of food. Bowery is transforming the entire fresh food supply chain to be smarter, safer, and more sustainable. Bowery’s farms are 100x+ more productive than traditional agriculture while using a fraction of the resources—all enabled by leading-edge technology.

Quick Links

Website Jobs

Funding

Total Raised

$625.9 million

Valuation

$2.3 billion

Significant Investors

First Round Capital, GGV Capital, GV, SV Angel, BoxGroup, Homebrew, Lerer Hippeau, General Catalyst, Temasek, Fidelity, Almanac

Company Traction

Between January 2020 and May 2021, Bowery has accomplished 750% retail growth and more than 4x e-commerce sales growth.

As of May 2021, Bowery is in more than 850 grocery stores in the Northeast and Mid-Atlantic regions, including Whole Foods Market, Safeway, and Walmart.

In 2022, Bowery increased its retail distribution by 40% and doubled its production. As of May 2023, Bowery is on track to double its production again.

Leadership Team

Irving Fain: Co-Founder & CEO of Bowery. Former Co-Founder & CEO of CrowdTwist.

Katie Seawell: Chief Commercial Officer at Bowery. Former Senior VP, Siren Retail Operations at Starbucks.

Injong Rhee: CTO at Bowery. Former VP, GM IoT at Google.

Henry Sztul: Chief Science Officer at Bowery. Former Engineer, Senior Manager at Samsung Electronics.

Caralyn Cooley: EVP, Chief People Officer at Bowery. Former Chief People Officer at Nordeus.

Press

Yahoo Finance (April 20, 2023): Vertical farming: We are reinventing 'the entire fresh food supply chain,’ Bowery founder says

Fast Company (February 27, 2023): The vertical farming bubble is finally popping

TechCrunch (May 25, 2021): Indoor farming company Bowery raises $300M

Bowery