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Hazel Technologies, Inc.: Business Overview, Financials & Competitive Analysis

Hazel Technologies, Inc. scores 8/10 on the AskCyborg Cyborg Score (Strong). Well-funded agtech company with proven customer adoption, government validation, and a scalable platform addressing global food waste—positioned for continued growth in a sustainability-driven market. Hazel has achieved significant commercial traction with 250+ customers including major growers, substantial Series C funding ($70M), USDA validation and grants, and recognition from leading.

What is Hazel Technologies, Inc.'s industry? Hazel Technologies, Inc. (hazeltechnologies.com) operates in AgTech & Precision Farming. AskCyborg classifies Hazel Technologies, Inc. under AgTech & Precision Farming in its company registry.

Hazel Technologies is a USDA-funded startup company that develops new solutions to extend the quality shelf life of fresh produce and reduce food waste. Founded by five Northwestern University alumni in 2015, Hazel Te...

8/ 10Strong

Cyborg Score thesis

Well-funded agtech company with proven customer adoption, government validation, and a scalable platform addressing global food...

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Industry AgTech & Precision Farming
6 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 28, 2026
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Hazel Technologies, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Hazel Technologies, Inc. Overview

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Hazel Technologies is a USDA-funded startup company that develops new solutions to extend the quality shelf life of fresh produce and reduce food waste. Founded by five Northwestern University alumni in 2015, Hazel Technologies has partnered with some of the largest growers, packers, and shippers of fresh produce in North America. The company operates a major agtech R&D hub at its Chicago headquarters.

Strategic Profile

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Hazel now counts more than 250 customers and has gone through four fundraising rounds, the last of which was its biggest at $70 million. For developing a produce shelf-life extender that works with existing supply chains, Hazel Technologies is one of Fast Company's Most Innovative Companies in the agriculture category. The company operates in a high-impact segment addressing a critical sustainability challenge in global food distribution.

Competitive Landscape

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Hazel competes in the post-harvest agricultural technology space against companies developing shelf-life extension, modified atmosphere packaging, and food waste reduction solutions. Key competitors include ethylene scrubbers, desiccant systems, and alternative packaging technologies from both established agricultural suppliers and emerging agtech startups. Hazel's advantage lies in its integrated platform approach, existing customer relationships with major growers, and validation from both the USDA and academic institutions.

Industry Context

Hazel Technologies, Inc. operates in AgTech & Precision Farming.

Key facts

Founded: 2015 · Headquarters: Chicago, Illinois · Employees: 81 · Revenue: Estimated $20M–$50M (private company; based on Series C $70M funding and 250+ customers) · Market cap: N/A

What the analysts stress-tested

The top findings that survived the multi-agent debate for Hazel Technologies, Inc..

  • Hazel has secured $70 million in its Series C fundraising round and serves more than 250 customers. This scale demonstrates strong product-market fit and customer confidence, enabling expansion into new crops and geographies.
  • Following its $70 Million Series C fundraise, Hazel Technologies opened its state-of-the-art Chicago headquarters in the Fulton Market neighborhood. This facility houses the largest agricultural technology R&D operation in Chicago, signaling capital deployment and growth investment.
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Recent developments

Material events tracked by the AskCyborg corpus.

  • 2025Opened new state-of-the-art headquarters in Chicago's Fulton Market neighborhood
  • 2025Named to Grist's Fixer 50 list and Forward Fooding's Food Tech 500 by industry recognition bodies
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Ethylene Control / Scrubbing SystemsTemperature and humidity monitoring and ethylene control solutions for perishables→Ripening and Freshness SolutionsPost-harvest solutions for shelf-life extension and ripening control→Fresh-Keeping PackagingPlant-based protective coatings to extend produce freshness→Fresh Inset1-MCP formulation for post-harvest shelf-life extension protecting crops from ethylene→Ryp LabsPost-harvest shelf-life extension solutions for fresh produce→RipelockerRipening and shelf-life control technology for produce supply chains→

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Industry context

Hazel Technologies, Inc. operates in AgTech & Precision Farming. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Hazel Technologies, Inc. do?+
Hazel Technologies is a USDA-funded startup company that develops new solutions to extend the quality shelf life of fresh produce and reduce food waste. Founded by five Northwestern University alumni in 2015, Hazel Te...
What is Hazel Technologies, Inc.'s Cyborg Score?+
Hazel Technologies, Inc. has a Cyborg Score of 8/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Hazel Technologies, Inc.'s main competitors?+
Named competitors include Ethylene Control / Scrubbing Systems, Ripening and Freshness Solutions, Fresh-Keeping Packaging, Fresh Inset. The full competitive landscape is in the AskCyborg report.
How can I get the full Hazel Technologies, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Hazel Technologies, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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