About Aker
Aker is a company based in St. Louis (United States) founded in 2016 was acquired by IntelinAir in April 2023.. Aker has raised $5.53 million across 4 funding rounds from investors including IntelinAir, Flyover Capital and Central Illinois Angels. The company has 6 employees as of December 31, 2022. Aker offers products and services including Remote Sensing Tool, Crop Diagnostics, Acres Converter, Fuel Cost Calculator, and Water Volume Calculator. Aker operates in a competitive market with competitors including Aerobotics, SeeTree, Sentera, Esoko and Phytech, among others.
- Headquarter St. Louis, United States
- Employees 6 as on 31 Dec, 2022
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Sectors
TechnologyAgriculture Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Aker Technologies Inc.
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Annual Revenue
$00as on Mar 17, 2022
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Net Profit
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EBITDA
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Total Equity Funding
$5.53 M (USD)
in 4 rounds
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Latest Funding Round
$2.35 M (USD), Seed
Mar 17, 2022
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Investors
IntelinAir
& 4 more
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Employee Count
6
as on Dec 31, 2022
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Acquired by
IntelinAir
(Apr 04, 2023)
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Products & Services of Aker
Aker offers a comprehensive portfolio of products and services, including Remote Sensing Tool, Crop Diagnostics, Acres Converter, Fuel Cost Calculator, and Water Volume Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Monitors crops remotely to provide data for better decisions.
Analyzes crop health to identify issues and improve yields.
Converts land measurements for accurate farming planning.
Estimates fuel expenses for farm operations and budgeting.
Calculates water storage and irrigation needs for crops.
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Funding Insights of Aker
Aker has successfully raised a total of $5.53M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.35 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $2.4M
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First Round
First Round
(09 May 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Aker | Valuation |
investors |
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| Aug, 2019 | Amount | Seed - Aker | Valuation | Lewis & Clark Agrifood | |
| Jun, 2018 | Amount | Seed - Aker | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aker
Aker has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include IntelinAir, Flyover Capital and Central Illinois Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Stage agnostic venture capital firm backed by fund of funds
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward agriculture and food sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aker
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aker
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aker Comparisons
Competitors of Aker
Aker operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aerobotics, SeeTree, Sentera, Esoko and Phytech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Drone-based farm monitoring and pest management solutions are offered.
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| domain | founded_year | HQ Location |
Tree health is analyzed via machine learning and data-driven solutions.
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| domain | founded_year | HQ Location |
Drone-based solutions for agricultural monitoring are provided.
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| domain | founded_year | HQ Location |
Digital multi-platform apps are developed to connect with farmers.
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| domain | founded_year | HQ Location |
Sensor-based technology is provided to monitor and understand crops.
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| domain | founded_year | HQ Location |
Precision farming solutions are delivered via HSI technology on drones.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aker
When was Aker founded?
Aker was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Aker located?
Aker is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Is Aker a funded company?
Aker is a funded company, having raised a total of $5.53M across 4 funding rounds to date. The company's 1st funding round was a Seed of $571.03K, raised on May 09, 2017.
How many employees does Aker have?
As of Dec 31, 2022, the latest employee count at Aker is 6.
What does Aker do?
Aker was founded in 2016 in St. Louis, United States, as a SaaS platform in the agriculture technology sector. Remote crop monitoring, farm data analytics, and field operations are supported through its tools. Features such as a diseases database, pest database, mapping capabilities, crop health reports, aerial imagery, and analytic instruments are provided to users for managing agricultural activities.
Who are the top competitors of Aker?
Aker's top competitors include Sentera, SeeTree and IntelinAir.
What products or services does Aker offer?
Aker offers Remote Sensing Tool, Crop Diagnostics, Acres Converter, Fuel Cost Calculator, and Water Volume Calculator.
Who are Aker's investors?
Aker has 5 investors. Key investors include IntelinAir, Flyover Capital, Central Illinois Angels, Lewis & Clark Agrifood, and Evergreen Climate Innovations.
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