Apeel - About the company
Apeel is a series E company based in Goleta (United States), founded in 2012 by . It operates as a Developer of plant-based fruit coating materials. Apeel has raised $640M in funding from investors like Temasek, a16z and IFC, with a current valuation of $2B. The company has 18 active competitors, including 12 that are funded. Its top competitors include companies like Mori, Saveggy and AgroSustain.
Sectors and market segments that Apeel operate in
Apeel serves in the B2B space in the Food and Agriculture Tech market segments.The primary business model of Apeel is:Company Details
Developer of plant-based fruit coating materials. It has developed technology to process discarded agricultural plants and produce biologicals that can be applied to preharvest fruits and vegetables to protect them against biotic and abiotic stresses and also to the post-harvest produce to increase its shelf life. It uses materials that exist in the peels, seeds, and pulp of all fruits and vegetables to create a protective extra peel that seals moisture in and keeps oxygen out.
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Key Metrics
Founded Year
2012
Location
Goleta, United States
Stage
Series E
Total Funding
in 9 rounds
Latest Funding Round
Post Money Valuation
as on Aug 18, 2021
Investors
Ranked
1st among 18 active competitors
Employee Count
as on Dec 31, 2021
Similar Companies
Saveggy &
Legal entities associated with Apeel
Apeel is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
- | 250 | 158 | ||
Jun 17, 2012 | - | 401 | 593 |
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Apeel's funding and investors
Apeel has raised a total funding of $640M over 9 rounds. Its first funding round was on 2012. Its latest funding round was a Series E round on Aug 18, 2021 for $250M. 13 investors participated in its latest round, lead by Temasek.
Apeel has 29 institutional investors including Temasek, a16z and IFC. There are 7 Angel Investors in Apeel.
Here is the list of recent funding rounds of Apeel:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Aug 18, 2021 | $250M | Series E | $2B | - | |
Oct 27, 2020 | $30M | Series D | - | - | |
May 26, 2020 | $250M | Series D | - | - |
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Apeel's founders and board of directors
The founders of Apeel is . is the CEO of Apeel. has founded 1 more company - .
View details of Apeel's Founder profiles and Board Members
Apeel's employee count trend
Apeel has 370 employees as of Dec 21. The total employee count is 6.9% more than what it was in Dec 20. Here is Apeel's employee count trend over the years:
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Top competitors of Apeel include Mori, Saveggy and AgroSustain. Here is the list of Top 10 competitors of Apeel, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Apeel 2012, Goleta (United States), Series E | Developer of plant-based fruit coating materials | $640M | Santa Barbara Venture Partners, GICÌý&²¹³¾±è;Ìý | 65/100 |
2nd | Mori 2016, Boston (United States), Series B | Provider of silk-based coating for food protection | $85.7M | Bluestein Ventures, a16zÌý&²¹³¾±è;Ìý | 50/100 |
3rd | Distributor of fruits & vegetables | $2.72M | Unconventional Ventures, Ideon InnovationÌý&²¹³¾±è;Ìý | 44/100 | |
4th | AgroSustain 2018, Epalinges (Switzerland), Series A | Developer and supplier of organic shelf-life enhancers | $6.33M | AIT Startups, Ìý&²¹³¾±è;Ìý | 35/100 |
5th | Developer of nano-based materials aiming to improve shelf life of farm produce | $298K | 33/100 | ||
6th | ZYMtronix 2013, Ithaca (United States), Seed | Technology to immobilize enzyme on magnetic matrix | $1.35M | National Science Foundation, McGovern CenterÌý&²¹³¾±è;Ìý | 31/100 |
7th | Manufacturer of plant-based coatings for fruits and vegetables | $5M | Agrinnovation, FEAT InvestmentsÌý&²¹³¾±è;Ìý | 30/100 | |
8th | Provider of the plant-based seed coating solution | - | 30/100 | ||
9th | Biological products for post-harvest protection of grains and seeds | $541K | 29/100 | ||
10th | NanoPack 2004, Wayne (United States), Seed | Developer of nanocoatings for packaging | $1.1M | , Robin Hood VenturesÌý&²¹³¾±è;Ìý | 27/100 |
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Apeel's Investments and acquisitions
Apeel has made no investments or acquisitions yet.
Reports related to Apeel
Here is the latest report on Apeel's sector:
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News related to Apeel
Media has covered Apeel for a total of 5 events in the last 1 year, 3 of them have been about people movement and 2 about company updates.
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PerishableNews.com•Oct 07, 2024•Apeel
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PerishableNews.com•Sep 05, 2024•Apeel
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PerishableNews.com•May 23, 2024•Apeel
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PerishableNews.com•Apr 10, 2024•Apeel
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foodengineeringmag.com•Oct 02, 2023•Apeel
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PerishableNews.com•Aug 25, 2023•Apeel
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Apeel
When was Apeel founded?
Apeel was founded in 2012.Where is Apeel located?
Apeel is located in Goleta, United States.Is Apeel a funded company?
Apeel is a funded company, its first funding round was on 2012.When was the latest funding round of Apeel?
Apeel's latest funding round was on Aug 18, 2021.How much is Apeel worth?
The latest valuation of Apeel is $2B as on Aug 18, 2021.What is the annual revenue of Apeel?
Annual revenue of Apeel is undefined as on undefined.Is Apeel a Crop Tech company?
The primary sector of Apeel is Crop Tech.Our Lite Plan Awaits you - Its Free!
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