Other
Jun 2021Company paused crowdfunding and refocused on building technology after repayment delays tied to COVID-19 disruption; indicates prior operational stress.
SourceWe design and manufacture energy efficient LED lighting fixtures for…
Company research
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Overview
Thrive Agritech is a New York-based agricultural technology company that designs and manufactures advanced LED lighting fixtures for indoor agriculture and controlled-environment growing. Public sources describe it as VC-backed and focused on ultra-efficient horticultural lighting for sustainable farming.
Primary product
Advanced LED lighting fixtures for indoor agriculture / horticultural lighting
Founded
2014
Headquarters
New York, New York, United States
Team size
1-10 employees
Industry
Appliances, Electrical, and Electronics Manufacturing
Sub-industry
Agricultural technology / controlled-environment agriculture lighting
Business model
B2B hardware manufacturing
Agritech equipment sales
Funding
Stage
venture-backed private company
Total raised
$3.2M
Mar 2022
Jan 2020
Seed / pre-seed (Y Combinator-backed period, public reporting indicates 2017 investment)
Jan 2017 · Venture Platform
People & investors
Leadership
Brian Bennett
CEO Founder
Greg Stefanik
Director of Horticulture
Joel Cheney
Director of Global Partnerships
Tyler Fettig
Director of Horticulture
Founders
Ayodeji Arikawe
Co-founder / CTO
Uka Eje
Founder / CEO
Work & culture
Product & market
Pricing
B2B quote-based hardware sales; public pricing not found
Differentiators
- —Specialized in ultra-efficient and reliable LED horticultural fixtures
- —Owns LED and phosphor IP
- —Focus on controlled-environment and indoor agriculture
- —VC-backed with Y Combinator mentioned in public profile
Technology
LED lighting
phosphor IP
horticultural lighting
indoor agriculture hardware
Competitors
Fluence
Signify (Philips horticulture lighting)
Heliospectra
Current
Gavita
Scale & contact
Estimated revenue
~$1M-$10M (Exa-estimated annual revenue of $5M from public-company-enrichment data; treat as approximate)
Estimated monthly visits
351
Traffic estimate as of Jun 2026
Signals & risks
Other
Oct 2020Public reporting described operational issues and delayed payouts to subscribers/crowdfunders during the COVID-19 period.
SourceLatest news
LinkedIn / Thrive Agritech · Jul 2026
Thrive Agritech said it is supporting the University of Toronto with LED lighting for a research-and-education facility featuring four climate zones and 300+ plant species.
Thrive Agritech blog · Jul 2026
A detailed cost guide covering LED retrofit economics, rebate strategy, payback periods, and the role of centralized power architecture in lowering greenhouse lighting installation costs.
LinkedIn / Thrive Agritech · Apr 2026
Thrive highlighted a Vertical Harvest Farms installation featuring 40,000 Thrive LED lights.
LinkedIn / Thrive Agritech · Mar 2026
Thrive promoted Boost XE as a solution for Canadian cannabis facilities using 347V power, emphasizing that it avoids transformers and electrical modifications.
Thrive Agritech blog · Nov 2025
The company announced its rebrand from Transcend Lighting to Thrive Agritech and said it was expanding beyond lighting into software, plant health, and farm communication networks.
Jobs and careers at Thrive Agritech
3 jobs at Thrive Agritech
Senior UX Researcher & Strategist
On-site
UX Design
Atlanta GA
6mo ago
On-site
Full-time
Principal UX Designer
On-site
UX Design
Atlanta, GA
7mo ago
On-site
Full-time
Join Our Talent Community!
On-site
General Application
Atlanta
7mo ago
On-site
Full-time