Your online farmers market: Farmdrop represents a new economic approach to food retailing whereby the benefits of cutting out the middlemen are shared between customers who enjoy fresher, healthier food at lower prices, and smaller scale producers who enjoy best-ever trading terms. Our mission is to Fix The Food Chain, something we plan to do by providing Londoners with their best food retail experience in 2016 before scaling further afield in 2017. Our supporters include London foodies Gizzi Erskine and Tommi Miers, we work closely with the Soil Association and have been backed by the entrepreneurs behind Asos, Love Film, Zoopla, and Street Car. We’re a dynamic, friendly and people-focussed team that is expanding fast, working out of our hub and office in Bermondsey. We are passionate about using technology to fix the food-chain and getting a great deal for the farmer. We bring together people who really care about what they eat and how it’s produced.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2012
Size (employees)
61 (est)+6%
FarmDrop was founded in 2012 and is headquartered in London, GB

FarmDrop Office Locations

FarmDrop has offices in London, Mobile and Bristol
London, GB (HQ)
100 Drummond Rd

FarmDrop Data and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$14.9 m

Latest funding size

$9.3 m

Time since last funding

about 1 month

Investors

FarmDrop's latest funding round in April 2017 was reported to be $9.3 m. In total, FarmDrop has raised $14.9 m

FarmDrop Financial Metrics

Numbers are in £, GBP

Cash (30-Jun-2016)

1.4 m
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

38.3 k84 k1.4 m

Accounts Receivable

8 k18.2 k94.5 k

Current Assets

46.3 k105.7 k1.6 m

PP&E

19.1 k8.8 k40.5 k

Goodwill

1.1 k8.3 k13.6 k

Total Assets

66.5 k122.8 k1.6 m

Accounts Payable

48.3 k32.4 k214.5 k

Current Liabilities

48.3 k32.4 k214.5 k

Total Equity

18.2 k90.4 k1.4 m

Financial Leverage

3.7 x1.4 x1.2 x
Y, 2016

Financial Leverage

1.2 x

FarmDrop Online and Social Media Presence

FarmDrop News and Updates

FarmDrop Company Life and Culture

You may also be interested in