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Rise Gardens announced it raised $6.93 Million in an initial filing from an offering of $10 Million
07/24/23, 11:42 AM
Location
Money raised
$6.93 million
Industry
agriculture and farming
Company Info
Location
4515 n. ravenswood avenue
chicago, illinois, united states
Additional Info
The Company
Rise Gardens builds elegant home hydroponic gardening systems that make a complicated process easy, productive and fun. The movements toward sustainable and hyper-local food have created hundreds of millions of potential consumers globally who care passionately about the provenance and nutritional value of their food. We intend to serve them with an excellent product and unparalleled service.
Our system is the most advanced consumer product on the market. It adapts commercial-grade hydroponic technology for consumer use. The Rise Garden ecosystem includes a manufactured appliance, an application that interfaces with the appliance, and a service that supplies customers with all the supplies to keep their system continuously productive. The system allows for modularity to grow a little or a lot of food at home in a beautiful package at an affordable price.
We are launching in the summer of 2019. We are a growth-stage company with an experienced technology entrepreneur and deep financial backing. The CEO, Hank Adams, built his career in technology with three previous successful tech businesses under his belt.
Rise Gardens' mission is to connect people to the food they eat, to help them to grow more of their own food and to inspire them to be conscientious food consumers. We are looking for exceptional personnel as we prepare to revolutionize the concept of farm-to-table food.
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