Company profile: Local Bounti
1.1 - Company Overview
Company description
- Provider of greenhouse-grown herbs and vegetables for wholesale restaurant and grocer accounts, offering lettuces such as Valley Crunch, Green & Red Leaf Blend, Butter Lettuce, Baby Leaf Spring Mix, Living Baby Leaf Spring Mix, and Living Butter Lettuce. Non-GMO, pesticide/herbicide-free products grown under perfect environmental conditions, with sustainable root-on, living options that maintain freshness longer and ensure high nutritional value and taste.
Products and services
- Living Butter Lettuce: Root-on living butter lettuce remains fresh for wholesale restaurant and grocer accounts, suitable for salads, sandwiches, and wraps, non-GMO and pesticide/herbicide-free
- Living Baby Leaf Spring Mix: Greenhouse-grown living mix of young, tender leaves maintains freshness longer for grocers and restaurants, delivering tender texture and fresh taste, non-GMO and pesticide/herbicide-free
- Green & Red Leaf Blend: Non-GMO mix of crispy, flavorful green and red leaf lettuces created for wholesale restaurant and grocer accounts, ideal for salads and sides with consistent taste
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Local Bounti
Envonics
HQ: United States
Website
- Description: Provider of farm digitization solutions that turn in-the-moment agricultural behavior into automated decision-making to increase productivity, quality, and yield, including eVE for continuous monitoring and predictive analysis, ACE cloud AI for remote crop monitoring and optimizing irrigation and environment, NMS for real-time nutrient management, ALM for air and light control, and CEA for higher resource efficiency and reduced CO2 emissions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
View full Envonics company profile →
Grain Discovery
HQ: Canada
Website
- Description: Provider of a white-label B2B SaaS platform and blockchain-enabled online marketplace for grain buyers and sellers to digitize manual processes and enable efficient, transparent, secure transactions. Offers Live Market for bids and contracts, traceability compliance, CRM, logistics, text and push producer communication, and Carbon Intensity scorecards to help biofuel processors meet sustainable standards.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Grain Discovery company profile →
Supreme Cannabis
HQ: Canada
Website
- Description: Provider of medical and recreational cannabis, engaged in the production and sale of high-quality products; publicly traded with an emphasis on disciplined growth.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Hippo Harvest
HQ: United States
Website
- Description: Provider of agriculture technology and indoor greenhouse farming that scales sustainable agriculture, offering indoor-grown pesticide-free lettuce, custom nutrient delivery to plant roots, precise water management, and local production to reduce food miles and ensure fresher, year-round availability.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Hippo Harvest company profile →
Eden Green
HQ: United States
Website
- Description: Provider of hydroponically grown, locally grown produce via a decentralized network of greenhouses, offering year-round, safe and always-available lettuce, herbs, and cooking greens. Services include private label produce, custom labeling and sustainable packaging, food service bulk packs, and custom salad blends, using sustainable farming practices that reduce water, land use, and food miles.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Eden Green company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Local Bounti
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Local Bounti
2.2 - Growth funds investing in similar companies to Local Bounti
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4 - Top valuation comps for Local Bounti
4.2 - Public trading comparable groups for Local Bounti
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