![]() Grow Solutions Grow Solutions (GRSO) is a company involved in the design and manufacture of modular aeroponic vertical farming units. | |||||
Founding Date | Founding Date 2014 | Founding Date 2016 | Founding Date 2021 | Founding Date 2010 | Founding Date 2019 |
Type | Type Public | Type Private | Type Private | Type Private | Type Private |
Tags | |||||
Locations | Locations New York, US HQ | Locations Auckland, NZ HQ | Locations Santa Clara, US HQ | Locations Stockholm, SE HQ Accra, GH Lagos, NG | Locations HQ |
Employees | Employees 15 | Employees 2303% increase | Employees 3 | Employees 661% decrease | Employees 2 |
Financial | |||||
Revenue (est.) | Revenue (est.) $6.8m (FY, 2016) | Revenue (est.) $89.4m (FY, 2024) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods $5.5m (FY, 2016) | Cost of goods $18.2m (FY, 2024) | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $1.3m (FY, 2016) | Gross profit $71.1m (FY, 2024) | Gross profit N/A | Gross profit N/A | Gross profit N/A |
Net income | Net income ($4.7m) (FY, 2016) | Net income $1.4m (FY, 2024) | Net income N/A | Net income N/A | Net income N/A |
Funding | |||||
Latest funding round | Latest funding round N/A | Latest funding round $ 23.1m (about 5 years ago) | Latest funding round N/A | Latest funding round $ 1.1m (almost 8 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised N/A | Total funding raised $ 28.6m | Total funding raised N/A | Total funding raised $ 1.2m | Total funding raised N/A |

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