Indigo Agriculture

Issued nearly one megaton of verified carbon credits through four carbon harvests since 2019, with over 500,000 credits from fourth harvest alone in April 2025. Microsoft purchased 100,000 credits total (40,000 in June 2024, 60,000 in April 2025) at $60-80 per ton. Carbon program shows 333% year-over-year growth in new acres. 75% of carbon credit profits go directly to farmers, with $12M+ earned by participants to date.

Cut jobs in February 2024 under new CEO Ron Hovsepian to "drive better efficiencies" and focus on most profitable areas. Previously laid off 150 staff in 2023 and 80 employees across Boston, Memphis, and remote locations. Company averaged layoffs every 18 months as leadership pivoted strategies repeatedly. Focused remaining resources on Marketplace grain platform and carbon credit business.

Indigo Agriculture laid off hundreds of employees in 2022-2023.