Who founded Local Bounti?

Local Bounti was founded by Craig M. Hurlbert, Travis M. Joyner in 2018.

How much funding has Local Bounti raised?

Local Bounti has disclosed $43.5M raised across 3 rounds.

Where is Local Bounti headquartered?

Local Bounti is headquartered in Hamilton, US.

Local Bounti

NYSE: LOCL

Hamilton, US · Founded 2018 · Delaware corporation

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Local Bounti operates a network of local hybrid greenhouses using its patented Stack & Flow Technology to grow leafy greens and produce close to consumers. The company focuses on sustainable, locally sourced produce delivered fresh, often within 24 hours of harvest, using significantly less land and water.

AgTech Cleantech Consumer FoodTech

Founders & leadership

Local Bounti was founded in 2018 by Craig M. Hurlbert and Travis M. Joyner.

Craig M. HurlbertCo Founder

Travis M. JoynerCo-Founder

Kathleen Valiasek President & CEOKathleen Valiasek is a finance and business executive with more than 20 years of experience in operations across multiple sectors including life sciences, technology, retail, telecommunications, real estate, healthcare, public accounting, and venture capital, with expertise in mergers and acquisitions, corporate restructurings, and SEC reporting. She has held roles ranging from startups to Fortune 500 companies.

Margaret McCandlessGeneral Counsel

Dane AlmassyChief Commercial Officer

Anthony HughesInterim Chief Financial Officer

BRIAN BIGEJNamed on SEC filing

RAY METTETAL IIINamed on SEC filing

CHAD MILLERNamed on SEC filing

Mark McKinneyNamed on SEC filing

Gary HilbergNamed on SEC filing

B. David VosburgNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$43.5M disclosed across 3 rounds · 2019–2025

▶$25MraisedApr 2025 · 2 investors · Agriculture

Rule 506(b)

Officers, directors & promoters on the filing

Pamela BrewsterDirector
Mark J. NelsonDirector
Travis JoynerDirector
Matthew NordbyDirector
Craig M. HurlbertExecutive Officer, Director
Kathleen ValiasekExecutive Officer
Margaret McCandlessExecutive Officer
Charles R. Schwab, Jr.Director
Michael MolnarDirector

Offering amount: $25M
Amount sold: $25M
Minimum investment: $1M
First sale: Mar 2025
Incorporated: Corporation, Delaware, 2021
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$15.3MraisedOct 2022 · 18 investors · Agriculture

Rule 506(b)

Officers, directors & promoters on the filing

Pamela BrewsterDirector
Mark McKinneyExecutive Officer
Craig M. HurlbertExecutive Officer, Director
Matthew NordbyDirector
Gary HilbergExecutive Officer
B. David VosburgExecutive Officer
Margaret McCandlessExecutive Officer
Edward C. ForstDirector
Mark J. NelsonDirector
Travis JoynerExecutive Officer, Director
Brian CookExecutive Officer
Kathleen ValiasekExecutive Officer

Offering amount: $23.3M
Amount sold: $15.3M
First sale: Oct 2022
Incorporated: Corporation, Delaware, 2021
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$3.2MraisedJul 2019 · 5 investors · Agriculture

Rule 506(b)

Officers, directors & promoters on the filing

BRIAN BIGEJExecutive Officer
RAY METTETAL IIIExecutive Officer
CRAIG HURLBERTExecutive Officer
TRAVIS JOYNERExecutive Officer, Director, Promoter
CHAD MILLERExecutive Officer

Offering amount: $4.5M
Amount sold: $3.2M
First sale: Jul 2019
Incorporated: Corporation, Delaware, 2018
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Local Bounti do?: Local Bounti operates a network of local hybrid greenhouses using its patented Stack & Flow Technology to grow leafy greens and produce close to consumers. The company focuses on sustainable, locally sourced produce delivered fresh, often within 24 hours of harvest, using significantly less land and water.
Who founded Local Bounti?: Local Bounti was founded by Craig M. Hurlbert, Travis M. Joyner in 2018.
How much funding has Local Bounti raised?: Local Bounti has disclosed $43.5M raised across 3 rounds.
Where is Local Bounti headquartered?: Local Bounti is headquartered in Hamilton, US.