# Local Bounti Corporation

Local Bounti Corporation is an Asset Manager based in Eagle, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Eagle, United States
- **Region:** North America
- **Address:** Eagle, MN, United States
- **Assets under management:** Undisclosed
- **Website:** www.localbounti.com

## Regulatory record

- **Reports private funds:** No

## About

Local Bounti Corporation is a US greenhouse operator co-founded by Craig Hurlbert and Travis Joyner. The company builds and runs climate-controlled indoor farms positioned near population centers, aiming to reduce food miles for fresh greens. Its stated mission is to produce sustainably grown lettuce and herbs that require less land and water than conventional farming. Local Bounti grows leafy greens, living lettuces, salad kits, and herbs in greenhouses spanning communities from California to Georgia. The facilities use advanced lighting, temperature, and nutrient systems to accelerate growth year-round. The firm claims its methods cut environmental impact versus field agriculture, though it does not publicly break down unit economics per greenhouse. Reported products include Green Leaf lettuce, salad kits, and herbs such as watercress and mint. The company markets through retail grocery shelves. Local Bounti operates a single corporate page with no disclosed team size, AUM, or deployment data. Its executive team includes Chief Financial Officer David Farina and Chief People and Culture Officer Kathleen Valiasek. The firm maintains no reported philanthropic vehicles, industry memberships, or external investment arms. No operational event from the last 24 months has been publicly documented. The firm structures itself as a farm operator rather than a family office or investment vehicle. Without disclosed financial metrics, governance details, or known backers, its profile remains thin relative to the institutional family-office peers Altss typically covers. Succession and ownership structure are not publicly available.

## Sectors

- AgriTech & FoodTech
- ClimateTech
- Industrial Tech
- Infrastructure

## People

- Craig Hurlbert — Co-Founder
- Travis Joyner — Co-Founder
- David Farina — Chief Financial Officer
- Kathleen Valiasek — Chief People and Culture Officer

## Questions

### Who founded Local Bounti Corporation?

Local Bounti was co-founded by Craig Hurlbert and Travis Joyner, though public sources provide limited background on their prior experience. The firm's founding year is not disclosed on its website or in external filings reviewed by Altss.

### Where does Local Bounti grow its produce?

The company operates climate-controlled greenhouses in communities spanning from California to Georgia, as stated on its website. It positions these facilities near population centers to minimize food miles, but has not publicly listed specific greenhouse locations or capacities.

### What products does Local Bounti sell?

Local Bounti grows and packages leafy greens, living lettuces, salad kits, and herbs — including Green Leaf lettuce, salad kits, and watercress. Products are sold through US retail grocery chains, though the firm does not name specific retailers on its website.

### What makes Local Bounti's growing method different from traditional farming?

The company uses indoor, climate-controlled greenhouses with optimized light, temperature, and nutrients. It claims these methods require 90% less land and water than traditional field agriculture (per the firm). The company avoids triple washing and chlorine baths, which it says preserves freshness.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/local-bounti-corporation

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