What is Farmy?
Farmy AG operates within the competitive Grocery Retail industry, employing between 250 to 499 individuals and generating revenue in the range of $10 million to $25 million. Headquartered in Prilly, Vaud, Switzerland, the company has established a presence in the market by focusing on delivering grocery products. Its operational scale suggests a mature business model aiming for further market penetration and efficiency improvements within the retail sector.
How much funding has Farmy raised?
Farmy has raised a total of $16.1M across 2 funding rounds:
Unspecified
$5.2M
Private Equity
$11M
Unspecified (2017): $5.2M, investors not publicly disclosed
Private Equity (2020): $11M led by Triodos Organic Growth Fund
Key Investors in Farmy
Triodos Organic Growth Fund
Triodos Organic Growth Fund is an investment entity that likely focuses on supporting companies with sustainable business models and growth potential, aligning with Farmy's operational context.
What's next for Farmy?
The recent major strategic investment signals Farmy's readiness for its next phase of development, likely focusing on scaling operations, expanding its service reach, or enhancing its technological infrastructure. Given the enterprise-level nature of the funding, strategic initiatives are expected to drive significant growth, potentially involving market consolidation, new product development, or international expansion. This capital infusion is poised to solidify Farmy's competitive advantage and accelerate its long-term strategic objectives in the dynamic grocery retail landscape.
See full Farmy company page