Altrac

Castro Valley, United States Founded: 2015 • Age: 11 yrs Acquired By Semios
Provider of solutions for soil moisture monitoring
Annual revenue - Latest available
Total funding $1.0M 1 rounds
Employees 10 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Altrac

Altrac is a company based in Castro Valley (United States) founded in 2015 by Neil Schultz and Heath Westbrook was acquired by Semios in June 2021. Altrac has raised $1 million across 1 funding round from investors including Semios. The company has 10 employees as of December 31, 2021. Altrac offers products and services including Wind Machine Station, Pump Station, Valve Station, and Semios Frost Management. Altrac operates in a competitive market with competitors including Semios, xFarm, CropX, Arable and Yard Stick, among others.

  • Headquarter Castro Valley, United States
  • Employees 10 as on 31 Dec, 2021
  • Founders Neil Schultz, Heath Westbrook
  • Sectors
    Environment
    Technology Agriculture
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Altrac
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Jun 09, 2020

  • Investors
  • Employee Count
    10

    as on Dec 31, 2021

  • Acquired by
    Semios

    (Jun 08, 2021)

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Products & Services of Altrac

Altrac offers a comprehensive portfolio of products and services, including Wind Machine Station, Pump Station, Valve Station, and Semios Frost Management.

Product name locked
Category locked
Primary

Software for remote monitoring and control of wind machines

Product name locked
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Software to monitor and control pump equipment remotely

Product name locked
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Software for remote irrigation system control and water usage tracking

Product name locked
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Software integrating frost management tools for agricultural protection

Funding Insights of Altrac

Altrac has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in June 2020. 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.

Investors in Altrac

Altrac has secured backing from 1 investor. Prominent investors backing the company include Semios.

All
Investor Description Founded Year Domain Location
Data and analytics are delivered for precision crop management.
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Investor details for Altrac

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Investments & Acquisitions by Altrac

Investments
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Investment portfolio details for Altrac

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Financial Statements - Altrac

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Detailed financials for Altrac

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Altrac Comparisons

Altrac Primary company
Description
Provider of solutions for soil moisture monitoring
Location
Castro Valley, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
10
As of 2021
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Peer comparison for Altrac

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Competitors of Altrac

Altrac 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 Semios, xFarm, CropX, Arable and Yard Stick, among others.

Company Name Domain Founded year HQ Location Description
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Data and analytics are delivered for precision crop management.
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Farm management solutions are delivered via an IoT-sensor platform.
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Provider of wireless sensors for soil moisture monitoring
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IoT-based farm monitoring and crop management solutions are provided.
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Platform offering solution to measures soil carbon
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Cloud-based soil moisture monitoring systems are provided for farms.
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Detailed competitors of Altrac

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Latest news on Altrac

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Complete news archive for Altrac

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Frequently Asked Questions about Altrac

Altrac was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Altrac is headquartered in Castro Valley, United States. It is registered at Castro Valley, California, United States.

Altrac is a funded company, having raised a total of $1M across 1 funding round to date.

As of Dec 31, 2021, the latest employee count at Altrac is 10.

Altrac provides solutions for soil moisture monitoring. It provides sensors to monitor soil moisture levels and irrigation lines in real-time. It also provides sensors solutions for the pump station and wind machine.

Altrac's top competitors include xFarm, CropX and Arable.

Altrac offers Wind Machine Station, Pump Station, Valve Station, and Semios Frost Management.

Altrac has 1 investor. Key investors include Semios.

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