Elevate Farms
Elevate Farms is a Toronto-based vertical farming company that produces leafy greens year-round using proprietary 13-layer controlled-environment technology, distributing through Canadian retailers such as Farm Boy, Loblaws, and Real Canadian Superstore across 70+ Ontario stores.
- Company typePrivate
- Founded2026
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Elevate Farms does
Elevate Farms is a Toronto-based controlled-environment agriculture company that designs and operates a proprietary 13-layer vertical farming platform with AI-controlled LED lighting, producing leafy greens year-round independent of external climate conditions. The company combines an in-house growing technology stack with the retail distribution network it inherited through the January 2026 all-share acquisition of Ottawa-based Fieldless Farms, which now operates as a wholly-owned subsidiary and runs the Cornwall, Ontario production facility. Revenue is generated primarily through wholesale and retail-channel sales of branded and packaged leafy-green SKUs to Canadian grocery chains, with anchor customers Farm Boy, Loblaws, and Real Canadian Superstore (a Loblaw banner) collectively representing over 70 Ontario store locations.
The go-to-market is sales-led and B2B, leveraging Loblaw Companies' nationwide retail footprint rather than direct-to-consumer or food-service channels. Following the March 2026 close of a C$6.72 million pre-Series B equity financing, Elevate is expanding the Cornwall facility, launching new packaged leafy-green product lines, and articulating international pipeline projects in the United States, Switzerland, and the United Arab Emirates. The strategic narrative is anchored on Canadian food sovereignty, with the company positioning its locally-grown produce as a substitute for the 85-90% of leafy greens that Canada currently imports from California and Arizona, a positioning that has gained relevance amid US tariff tensions.
Elevate Farms firmographics
Firmographics- Name
- Elevate Farms
- Legal name
- Elevate Farms Inc.
- Website
- https://elevate.farm
- Company type
- Private
- Founded year
- 2026
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Elevate Farms is a Toronto-based vertical farming company that produces leafy greens year-round using proprietary 13-layer controlled-environment technology, distributing through Canadian retailers such as Farm Boy, Loblaws, and Real Canadian Superstore across 70+ Ontario stores.
- Ownership category
- akta.pro rank
Elevate Farms industry classification
Industry- Product category
- Vertical Farming Produce
- NAICS
- Food Crops Grown Under Cover (11141), Other Food Crops Grown Under Cover (111419), Vegetable and Melon Farming (1112)
- SIC
- Agricultural Production-Crops (100)
- akta.pro primary industry
- Controlled Environment Agriculture (CEA) / Vertical Farming (Indoor LED Farms) (AFAGAHAJ)
- akta.pro secondary industry
- Vertical Farming Systems & Racking (Indoor Farms, Multi-tier) (AFAAAHAI)
Keywords
Where Elevate Farms is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Elevate Farms business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Technology or R&D, Personnel, Supply Chain
Revenue model
- Fresh Produce Sales: Sales of packaged leafy-green products (lettuce, greens) to retail grocery chains and potentially direct-to-consumer channels
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
Elevate Farms product offering
Product offeringCore offering
Elevate Farms operates vertical farming technology featuring 13-layer growing systems with AI-controlled LED lighting to produce packaged leafy-green products year-round in controlled environments. The company sells these products through Canadian retail grocery chains including Farm Boy, Loblaws, and Real Canadian Superstore, leveraging its acquired Fieldless Farms subsidiary's distribution network covering over 70 Ontario stores.
Product overview
Elevate Farms operates a unified vertical farming platform built around its proprietary 13-layer controlled environment agriculture technology with AI-controlled LED systems. The company also acquired Fieldless Farms (now a wholly-owned subsidiary), which contributes its Cornwall, Ontario facility and established retail distribution network exceeding 70 Ontario stores. The combined entity is expanding into new packaged leafy-green product lines while leveraging the Fieldless distribution infrastructure through partners like Farm Boy and Loblaws.
Differentiator
Problem solved
Functional benefit
Brands
- Fieldless Farms: Acquired brand retained as subsidiary; operates controlled environment agriculture vertical farming facility in Cornwall, Ontario with retail distribution network of over 70 Ontario stores including Farm Boy and Real Canadian Superstore.
Products and services
- Packaged Leafy-Green Products
Quantifiable outcome
- Canada imports 85%+ of leafy greens traveling 4,500+ km - opportunity for local production to capture significant market share
- +1 more outcomes
Companies that use Elevate Farms
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Elevate Farms technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Elevate Farms partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Farm BoycoreCanadian retail partner for expanded distribution of packaged leafy-green products. Farm Boy operates multiple retail locations in Ontario and represents an established retail distribution channel for Elevate Farms' produce following the Fieldless Farms acquisition.
- LoblawscoreMajor Canadian retail partner for expanded distribution. Loblaws is one of Canada's largest grocery retailers and represents a significant channel for Elevate Farms' packaged leafy-green products.
- Fieldless FarmsflagshipAcquired in an all-share deal in January 2026, Fieldless Farms is now a wholly-owned subsidiary of Elevate Farms. The merger combines Elevate's 13-layer vertical farming technology with Fieldless's established retail distribution network of over 70 Ontario stores, creating a national food powerhouse focused on Canadian food sovereignty.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Elevate Farms competitors and assessment
Company assessmentDirect peers
- GoodLeaf Farms: Canadian vertical farming operator producing leafy greens and microgreens using controlled environment agriculture; directly comparable as a domestic CEA competitor targeting Canadian retailers.
- Bowery Farming: US-based indoor vertical farming company selling packaged leafy greens to retail grocery chains; comparable in technology stack (LED-driven multi-tier growing) and go-to-market through major grocers.
- Plenty: Large-scale vertical farming operator focused on leafy greens with proprietary indoor growing technology; directly competes with Elevate in the CEA leafy-greens category, though primarily in the US market.
- Gotham Greens: US-based indoor agriculture company operating greenhouses producing leafy greens and herbs, distributing to major retail and foodservice; comparable in CEA growing methodology and retail-focused distribution model.
- 80 Acres Farms: Indoor vertical farming company producing leafy greens, herbs, and microgreens with AI-driven growing systems; comparable in technology approach and retail distribution model for fresh produce.
- BrightFarms: Indoor leafy-greens grower operating CEA greenhouse facilities with retail distribution; comparable as a CEA producer competing for shelf space in grocery chains alongside Elevate's products.
- CubicFarm Systems: Canadian-controlled-environment agriculture technology company; directly comparable as a domestic vertical farming technology provider focused on leafy green and livestock feed production.
Emerging players
- Infarm: European indoor vertical farming operator (now restructured post-insolvency) that produced leafy greens and herbs for retail; relevant as a peer whose trajectory highlights the category's capital-efficiency challenges.
- AeroFarms: US-based vertical farming operator that emerged from Chapter 11 restructuring; a comparable CEA leafy-greens producer whose capital and unit-economics struggles illustrate the category's downside risk.
Others
- Loblaw Companies (PC Optimum / private label): Canada's largest grocery retailer and Elevate's primary distribution channel partner; included as a customer/ecosystem peer rather than a competitor because Elevate's growth depends on Loblaw shelf access.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Elevate Farms social profiles
Digital presenceElevate Farms financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elevate Farms leadership team
Management profileNumber of profiles
Profiles1 record
Elevate Farms subsidiaries and ownership
Company hierarchySubsidiaries1 record
Elevate Farms funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elevate Farms M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elevate Farms
What does Elevate Farms do?
Elevate Farms operates vertical farming technology featuring 13-layer growing systems with AI-controlled LED lighting to produce packaged leafy-green products year-round in controlled environments. The company sells these products through Canadian retail grocery chains including Farm Boy, Loblaws, and Real Canadian Superstore, leveraging its acquired Fieldless Farms subsidiary's distribution network covering over 70 Ontario stores.
Is Elevate Farms a public or private company?
Elevate Farms is a private company. It is classified as venture growth investor backed and is currently operating.
When was Elevate Farms founded?
Elevate Farms was founded in 2026. It employs 11 to 50 people.
Where is Elevate Farms based?
Elevate Farms is headquartered in Toronto, Canada, in the North America region.
How does Elevate Farms make money?
One revenue line is on record: fresh Produce Sales.
Who are Elevate Farms's main competitors?
Direct peers on record are GoodLeaf Farms, Bowery Farming, Plenty, Gotham Greens, 80 Acres Farms, BrightFarms and CubicFarm Systems. Emerging players are Infarm and AeroFarms. Loblaw Companies (PC Optimum / private label) is listed as an others.
Does Elevate Farms have an API?
No public API is recorded for Elevate Farms.
What industry is Elevate Farms in?
Elevate Farms's product category is Vertical Farming Produce. Its primary akta.pro industry code is AFAGAHAJ, Controlled Environment Agriculture (CEA) / Vertical Farming (Indoor LED Farms), with a secondary code of AFAAAHAI, Vertical Farming Systems & Racking (Indoor Farms, Multi-tier). Its NAICS code is 11141 and its SIC code is 100.