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§ Private Profile · St Louis, MO, USA
A food technology company optimizing plant genetic diversity for food, ingredient, and high-protein animal feed products.
Benson Hill has raised $282.0M across 6 funding rounds.
Key people at Benson Hill.
Benson Hill has raised $282.0M in total across 6 funding rounds.
Benson Hill is a Saint Louis, Missouri-based food technology and agricultural genetics company that utilizes artificial intelligence and data analytics to optimize crops like soybeans for food, ingredients, and animal feed. Prior to its recent restructuring, the publicly traded enterprise generated approximately $102 million in estimated revenue and maintained a workforce of around 337 employees. The business raised $282.3 million in private funding from backers including Google Ventures and S2G Investments before going public via a SPAC merger in 2021 at a valuation between $1.35 billion and $2 billion. Following a strategic pivot toward high-protein poultry feed, the company filed for Chapter 11 bankruptcy in March 2025, resulting in the sale of its core technological assets to a new private entity, Confluence Genetics. Benson Hill was founded in 2012 by Todd Mockler and Matt Crisp.
Key people at Benson Hill.
# High-Level Overview
Benson Hill is a food technology company that uses artificial intelligence, data science, and plant genetics to develop innovative food and ingredient products.[2] Founded in 2012, the company operates with a mission to modernize and improve the food system by unlocking nature's genetic diversity within plants.[1] Rather than building consumer-facing products, Benson Hill serves as a B2B ingredient innovator, working with farmers, food processors, and ingredient manufacturers to create plant-based proteins, feed ingredients, and fresh produce that are healthier, more sustainable, and more affordable than conventional alternatives.[2]
The company operates two business segments—Ingredients and Fresh—leveraging its proprietary CropOS® technology platform to deliver enhanced products across the supply chain.[2] Benson Hill's approach addresses a fundamental problem in modern agriculture: the historical divide between grower interests and consumer demand. By combining predictive analytics with plant breeding, the company accelerates crop development timelines, reduces costs, and enables traceability from seed to plate.[2]
# Origin Story
Benson Hill was founded in 2012 by Matt Crisp (former CEO and co-founder) and the late Todd Mockler, Ph.D.[1] The company emerged from a recognition that traditional crop breeding processes were slow and inefficient, taking years to bring new varieties to market. The founders envisioned using technology to compress these timelines and align agricultural innovation with consumer and environmental needs.
The company's early focus centered on developing its proprietary CropOS® technology platform—an AI-driven system that aggregates genetic plant data, farmer field data, and customer formulation requirements to simulate millions of genetic outcomes.[2] This technological foundation enabled Benson Hill to move beyond traditional breeding into a data-driven, predictive approach. Early traction came through partnerships with farmers and food companies seeking plant-based protein solutions, particularly in soybeans and yellow peas, positioning the company at the intersection of the growing plant-based food movement and agricultural innovation.[1]
# Core Differentiators
# Role in the Broader Tech Landscape
Benson Hill operates at the convergence of three major trends: the plant-based protein revolution, agricultural technology modernization, and data-driven food innovation. The company is riding explosive demand for plant-based ingredients that can reduce processing steps and additives—what executives describe as the "picks and shovels" for the plant-based food industry.[2]
The timing is critical. As consumer demand for sustainable, healthier food options accelerates, traditional agriculture struggles with slow innovation cycles. Benson Hill's technology addresses this gap by enabling food companies to develop better ingredients faster, while simultaneously helping farmers access premium markets for specialty crops. The company's integrated model also influences the broader ecosystem by demonstrating that traceability and sustainability can be built into products from the beginning, rather than retrofitted as afterthoughts.
By working symbiotically with nature's genetic diversity rather than against it, Benson Hill positions itself as a bridge between biotechnology innovation and practical agricultural implementation—a role that becomes increasingly valuable as the food industry faces pressure to innovate sustainably.
# Quick Take & Future Outlook
Benson Hill's trajectory suggests continued expansion within plant-based proteins and specialty ingredients, particularly as meat alternative and pet food markets mature. The company's ability to compress crop development timelines gives it a structural advantage in capturing emerging market opportunities faster than competitors relying on traditional breeding.
The key question ahead is scale and commercialization: Can Benson Hill move from technology validation to widespread adoption across major food manufacturers? Success depends on demonstrating that CropOS-developed ingredients deliver measurable cost savings, sustainability benefits, and consumer appeal at commercial scale. As food companies face mounting pressure to innovate sustainably while managing costs, Benson Hill's data-driven approach to ingredient development positions it as a critical infrastructure player in the modernization of global food systems.
Benson Hill has raised $282.0M across 6 funding rounds. Most recently, it raised $150.0M Series D in October 2020.
Benson Hill has raised $282.0M in total across 6 funding rounds.
Benson Hill's investors include Google Ventures, Stephan Dolezalek, Compound, DNX Ventures, Andrew Wheeler, iSelect Fund, Mercury Fund, Moderne Ventures, Momenta Ventures, Prelude Ventures, RRE Ventures, Tekfen Ventures.
