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Indigo Stock
Farmer Sustainability
About Indigo Stock
Indigo develops microbial and digital technologies for the agricultural industry that aim to improve profitability, environmental sustainability, and consumer health. The company aims to be a one-stop shop for the agriculture industry, from seed to transport. It provides carbon and regenerative products, a crop marketplace, agronomy services, microbiome products, grain quality testing, and live mapping services. The company's plant microbiome technology aims to improve soil quality by providing necessary, symbiotic microbiomes that help improve crop yields of corn, cotton, rice, soybeans, and wheat. It applies algorithms and machine learning to a database of genomic information in order to predict which microbes are most beneficial to the plant’s health. In 2018, Indigo had 5,000 food producer customers growing food on 1 million acres.
Indigo was founded in 2013 and is based in Boston, Massachusetts with additional offices around the world.
Investors
Alaska Permanent Fund
Baillie Gifford
Spotify, Indigo, Ginkgo Bioworks, Zymergen, Joby Aviation, AUTO1 Group, Carbon, Cohesity, Tempus, HeartFlow
FedEx
Flagship Pioneering
Investment Corporation of Dubai (ICD)
LIAN Group
Pacific Western Bank
SchindlerAM Ventures
Funding History
January 2014 | $7K |
---|---|
August 2015 | $5.0M |
August 2015 | $30.6M |
May 2016 | $100.0M |
September 2017 | $203M |
July 2018 | $256M |
June 2020 | $479M |
Management
Chief Executive Officer
Ron Hovsepian
Chief Financial Officer
Jim Young
Press
Indigo - Sep, 2 2020
cnb - Aug, 3 2020
Business Wire - Jul, 8 2020
Boston Business Journal - Jan, 28 2020
PR Newswire - Jan, 24 2020
Nbirt - Dec, 27 2019
CNBC - May, 15 2019
36kr - Jan, 16 2019
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